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Mobileye Global Inc. helps automakers equip vehicles with systems that interpret the road and assist driving. Its software processes camera images, sometimes alongside radar and lidar data, using its purpose-built EyeQ chips. EyeQ sales generate the vast majority of revenue: automotive suppliers incorporate the chips into vehicle systems and pay Mobileye, while automakers work with Mobileye to customize, test and integrate the technology. SuperVision, a more complete camera-based driving-assistance system, supplies most of the remaining revenue.
The business depends on automakers choosing its technology and producing vehicles that use it. Selection requires extensive testing and does not guarantee purchase volumes. ZF, Valeo and Aptiv together provide most of Mobileye’s revenue, although each supplier serves multiple automakers and vehicle programs. Mobileye also relies on STMicroelectronics for all EyeQ chips; STMicroelectronics manufactures them or arranges production through foundries, including TSMC.
Mobileye is developing more advanced autonomous-driving systems, but these are not its main revenue source today. Deployment depends on local safety rules and approvals. Its use of Intel’s licensed core radar technology is also restricted to specified products and applications; other radar products require a separate license at Intel’s discretion.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Mobileye’s results hinge on automakers adopting driver assistance and on suppliers’ inventory cycles—watch ZF and Valeo, absent from this list but responsible for 30% and 17% of its 2025 revenue, respectively.
Aptiv pays Mobileye for EyeQ chips that it integrates into systems sold to automakers, contributing 15% of Mobileye’s 2025 revenue, but also sells competing driver-assistance solutions. Its EyeQ purchases matter directly to Mobileye’s sales; its own driver-assistance business also competes for automaker orders.
Ambarella competes with Mobileye’s EyeQ-based systems by selling chips that interpret camera images and licensing driver-assistance software to customers. Watch its automotive computer-vision chips rather than its broader IoT business for evidence of competition in vehicle perception.
Qualcomm competes with Mobileye to have automakers choose its computing chips and software for driver-assistance systems, selling chips and licensing software to manufacturers. Its automotive driver-assistance design wins are the news most relevant to Mobileye, rather than its phone business.
NVIDIA competes for automaker programs by selling automotive computing platforms and autonomous-driving software against Mobileye’s chips and driving systems. Watch its automotive platform selections for signs of which approach automakers are choosing.
Mobileye depends on STMicroelectronics to co-develop every EyeQ chip and manufacture it itself or arrange production at a partner foundry. STMicroelectronics also sells automotive chips to suppliers and carmakers, so its automotive business offers a broader view of the vehicle-production and inventory cycles affecting Mobileye.
Intel held 80% of Mobileye as of December 27, 2025, and licenses it core technology needed to develop imaging radar. Watch changes to that license: radar uses outside its scope need Intel’s separate approval, and losing access could leave Mobileye without a timely replacement.
Tesla sells electric vehicles with its own vision-based driving system rather than buying Mobileye’s technology, making its progress a benchmark for automakers deciding whether to build or buy driving automation. Watch its driver-assistance updates, while remembering that its current functions still require drivers to stay fully engaged.
Magna buys Mobileye’s EyeQ platform and integrates it into systems for automakers, linking Mobileye’s sales to production of the vehicles using those systems. Magna also sells a broad range of vehicle components; watch production of its EyeQ-equipped customer models, since its purchase orders generally guarantee no minimum volumes.
NXP sells automotive processors and sensing solutions that compete with Mobileye’s EyeQ chips for a place in automakers’ driver-assistance systems. Its ADAS chip selections are the relevant competitive signal, rather than sales across its industrial, mobile and communications businesses.
Mobileye selected Innoviz’s long-range and short- to mid-range laser-based distance sensors, or lidar, for its Drive autonomous-driving platform. Innoviz sells these sensors and complementary software; updates on its Mobileye programs can reveal progress or delays in this part of Drive’s supply chain.
Arbe sells high-resolution imaging-radar chipsets to suppliers that build radar systems for automakers, competing with Mobileye’s developing imaging-radar offering. Watch its progress into vehicle production as a comparison with Mobileye’s selected automaker program, planned for highway-speed Level 3 driving from 2028.
Valens’ chips that carry sensor data over vehicle wiring were selected for Mobileye’s EyeQ6H ecosystem, tying its automotive opportunities to deployment of that driver-assistance platform. Valens sells automotive chips to suppliers that build systems for automakers; watch EyeQ6H-related production ramps rather than its unrelated audio-video sales.
Polestar sells premium electric cars using Mobileye’s SuperVision systems, so its model production and sourcing choices matter to Mobileye’s higher-priced system sales. Watch production of SuperVision-equipped models: these systems sell for significantly more than individual EyeQ chips and can affect Mobileye’s revenue mix.
NXP Semiconductors N.V. earningsNXPI
NXP's ADAS chips compete for automaker programs with Mobileye's EyeQ, and its report can show whether NXP is winning those choices.
Focus on NXP's disclosures about automotive ADAS chip selections and design wins, not its company-wide sales. More wins would show automakers awarding programs to a rival for EyeQ, raising the competition for future vehicle placements; no such progress would offer no sign of NXP gaining ground, but would not prove Mobileye won those programs.
Mobileye Global Inc. earningsThis company
Mobileye earns most of its revenue from EyeQ chips sold through Tier 1 suppliers, so this report will show whether more shipments are lifting sales or a weaker product mix is reducing revenue per system.
Read EyeQ shipments alongside average revenue per system and gross margin, the share of revenue left after product costs. Rising shipments with steady prices and margin would show volume growth without sacrificing returns per sale; if shipments rise while both fall as EyeQ takes a larger share, volume is growing but the product mix is weighing on returns.
STMicroelectronics N.V. earningsSTM
STMicroelectronics manufactures or arranges production of all Mobileye's EyeQ chips, so its report can offer clues about supply capacity and the broader automotive-chip cycle.
Look first for disclosures about EyeQ production, capacity or supply, and use STMicroelectronics' broader automotive business as context. Steady EyeQ supply and available capacity would support Mobileye's ability to deliver to Tier 1 customers; capacity limits or higher supply costs would raise the risk of delays and pressure on product margins. The broader automotive business alone, however, cannot confirm Mobileye's supply position.
Aptiv PLC earningsAPTV
Aptiv buys EyeQ chips from Mobileye and sells competing driver-assistance solutions, so its report offers a read on both demand from a major customer and competition.
Watch for any disclosure of EyeQ purchases or related program activity, alongside demand for Aptiv's vehicle systems and its own driver-assistance business. Stronger EyeQ buying or program activity would support demand from a customer that contributed 15% of Mobileye's 2025 revenue; weaker buying while Aptiv's competing solutions expand would raise the risk of reduced or shifted orders.
Polestar Automotive Holding UK PLC earningsPSNY
Some Polestar models use Mobileye's SuperVision, so its report can show production and sourcing choices for vehicles tied to these higher-priced systems.
Watch production of Polestar models equipped with SuperVision and any change in sourcing. More production with the system retained would give these higher-priced systems—priced above individual EyeQ chips—more opportunity to contribute revenue; slower production or a switch would weaken that support, though Polestar alone cannot determine Mobileye's overall product mix or sales.
