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Mobileye Global (Mobileye Global) Net Income : $-166 Mil (TTM As of Mar. 2024)


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What is Mobileye Global Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mobileye Global's Net Income for the three months ended in Mar. 2024 was $-218 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-166 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mobileye Global's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.27.


Mobileye Global Net Income Historical Data

The historical data trend for Mobileye Global's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mobileye Global Net Income Chart

Mobileye Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-328.00 -196.00 -75.00 -82.00 -27.00

Mobileye Global Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -79.00 -28.00 17.00 63.00 -218.00

Mobileye Global Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mobileye Global's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=16+-43+0+0
=-27

Mobileye Global's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-221+3+0+0
=-218

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-166 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mobileye Global  (NAS:MBLY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mobileye Global's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mobileye Global Net Income Related Terms

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Mobileye Global (Mobileye Global) Business Description

Traded in Other Exchanges
N/A
Address
c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, ISR, 9777513
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Executives
Claire C. Mccaskill director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Patrick P Gelsinger director VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shai Shalev-shwartz officer: Chief Technology Officer C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Gavriel Hayon officer: See Remarks C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Amnon Shashua director, officer: CEO and President C/O MOBILEYE N.V., HAR HOTZVIM, 13 HARTOM STREET, NO. 45157, JERUSALEM L3 97775
Rojansky Moran Shemesh officer: Acting Chief Financial Officer C/O MOBILEYE B.V., HAR HOTZVIM,, 13 HARTOM STREET, P.O. BOX 45157,, JERUSALEM L3 9777513
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Nimrod Nehushtan officer: SVP Bus Dev & Str & Co-Mgr REM C/O MOBILEYE B.V., HAR HOTZVIM, 13 HARTOM STREET, JERUSALEM L3 9777513
Frank D Yeary director C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD., RN4-151, SANTA CLARA CA 95054
Safroadu Yeboah-amankwah director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Christine M Pambianchi director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eyal Desheh director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
General Atlantic Partners (lux), Scsp 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic (me), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Huntsman Jon M Jr director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108

Mobileye Global (Mobileye Global) Headlines

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