Mobileye Global Inc. filed its quarterly report on Form 10-Q for the period ended September 26, 2026, disclosing a $3,788 million goodwill impairment charge that drove a nine-month net loss of $3,906 million.

Key Highlights

  • Goodwill impairment: A $3,788 million goodwill impairment charge was recorded in the nine months ended September 26, 2026, compared to zero in the same period of 2025.
  • Nine-month net loss: Net loss for the nine months ended September 26, 2026 was $3,906 million, versus a net loss of $265 million in the comparable prior-year period.
  • Q3 revenue: Revenue for the three months ended September 26, 2026 was $492 million, down from $504 million in the three months ended September 27, 2025.
  • Nine-month revenue: Revenue for the nine months ended September 26, 2026 was $1,558 million, up from $1,448 million in the nine months ended September 27, 2025.
  • Goodwill decline: Goodwill on the balance sheet fell to $4,911 million as of September 26, 2026 from $8,200 million as of December 27, 2025, according to the filing.
  • Total assets: Total assets were $8,882 million as of September 26, 2026, compared to $12,492 million as of December 27, 2025.
  • Loss per share: Basic and diluted loss per share for the nine months ended September 26, 2026 was $(4.77), versus $(0.33) in the prior-year period.

Mobileye Reports Goodwill Impairment and Revenue Trends for First Three Quarters of Fiscal 2026

According to the filing, Mobileye Global Inc. (NASDAQ:MBLY) recorded a goodwill impairment charge of $3,788 million in the first nine months of fiscal 2026, a line item that carried no comparable charge in the same period of fiscal 2025. The impairment contributed to total operating expenses of $4,779 million for the nine-month period, against gross profit of $771 million, producing an operating loss of $4,008 million. The company reported no goodwill impairment in the three months ended September 26, 2026 alone.

For the third quarter ended September 26, 2026, the company disclosed revenue of $492 million and a gross profit of $261 million, compared to revenue of $504 million and gross profit of $243 million in the third quarter of fiscal 2025. Research and development expense, net, was $284 million for the quarter, down from $304 million a year earlier. The three-month operating loss was $82 million, and the net loss for the quarter was $67 million, or $(0.08) per basic and diluted share.

On the balance sheet, the filing reported cash and cash equivalents of $1,346 million as of September 26, 2026, compared to $1,836 million at December 27, 2025. Total equity stood at $8,229 million, down from $11,881 million at the prior fiscal year-end, reflecting the accumulated deficit of $(7,358) million. Shares of Class A common stock issued and outstanding were 251,984,656 as of September 26, 2026, with 252,403,844 shares outstanding as of October 21, 2026, according to the cover page.

What Was Disclosed

Mobileye filed a 10-Q for the quarter ended September 26, 2026, reporting a $3,788 million goodwill impairment charge, a nine-month net loss of $3,906 million, Q3 revenue of $492 million, and total assets of $8,882 million as of the period end.