Innoviz Posts $18.1 Million in Second-Quarter Revenue, Sticks to 2026 Targets
Key Facts
Innoviz posted record revenue of $18.1 million in the second quarter of 2026, compared with $9.7 million in the same period of 2025, according to the company's results statement. It kept its financial targets for the year unchanged, aiming for revenue of $67 million to $73 million. That puts the quarter's results in the context of a broader annual plan, as the company continues to affirm the progress of its automotive programs. Innoviz said its programs with Volkswagen, Mobileye and Daimler Truck were on track toward the start of production. It also reported that operating expenses rose from a year earlier, adding a cost dimension to the growth picture.
Operating expenses totaled $19.1 million in the second quarter of 2026, up 3% from $18.5 million in the second quarter of 2025, according to the company's statement. The increase coincided with revenue reaching a period record, while the statement provided no further details on cost items. In a separate development in the company's coverage, its second-quarter update said automotive programs with Volkswagen, Mobileye and Daimler Truck remained on track through the start of production. These programs provide operational context for the revenue targets the company left unchanged. The available information contains no more recent update on those targets or third-quarter results.
RADCOM, meanwhile, reported revenue of $11.8 million in the second quarter of 2026, down 33.4% from $17.7 million in the second quarter of 2025. The company attributed the decline to delays in deploying its solution at some customers because of higher component costs and supply constraints. For the first half, revenue was $30.3 million, compared with $34.2 million in the first half of 2025, an 11.4% year-over-year decline. The chief executive said the deployment delays had not been canceled and had not gone to competitors. The figures show the year-over-year comparison remained weak ahead of the third-quarter results, while the forthcoming update will reveal performance in the more recent period.
RADCOM said it will release its third-quarter results on November 11, 2026. A day before that date, it announced the launch of its Analytics Designer Module for on-demand, real-time network analytics. The company had reaffirmed its 2026 revenue guidance range of $57 million to $63 million and said it expected to achieve non-GAAP profitability during the year. It also said it expected to return to double-digit revenue growth in 2027. The third-quarter results are the next milestone for assessing the impact of the deployment delays the company has discussed and how performance aligns with its annual outlook.