Monitor for potential capital raise or reverse stock split to regain Nasdaq compliance. The sharp revenue decline and widening losses suggest elevated risk of additional equity dilution or restructuring. Watch for upcoming OEM program milestones and NRE contract wins to gauge revenue trajectory.
Price Chart
Executive Summary
Innoviz reported Q1 2026 revenue of $7.1M, a 59% decline YoY from $17.4M, driven by a sharp drop in NRE services. Gross margin flipped from +40% to -22%, and net loss nearly doubled to $26.2M. Cash burn continues, with total liquidity at $60.1M, down from $69.1M at year-end. Additionally, Nasdaq notified the company of non-compliance with the $1.00 minimum bid price rule.
Key Facts
- Q1 2026 revenue $7.1M, down 59% YoY from $17.4M
- Gross margin worsened from 40% to -22%
- Net loss $26.2M vs $12.6M in Q1 2025
- Cash, bank deposits, and marketable securities total $60.1M, down from $69.1M at Dec 31, 2025
- Received Nasdaq deficiency notice on March 27, 2026 for bid price below $1.00
- Issued 6.2M shares under ATM for net proceeds of $4.2M during Q1
- Class action appeal ongoing, but earlier motion to dismiss was granted
Financial Impact
Revenue decline of $10.3M (59%), net loss increased by $13.6M (107%)
Risk Factors
- Nasdaq delisting if bid price not above $1.00 by September 21, 2026
- Continued cash burn; liquidity may require additional financing within 12 months
- Customer concentration; top three customers represented 95% of trade receivables
- Ongoing class action litigation appeal
- Geopolitical risk from Israel conflicts
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-002674 |
| Exhibit: exhibit_99-2.htm | 0001178913-26-002674 |
| Document: zk2635221.htm | 0001178913-26-002674 |
| Document: 0001178913-26-002674-index-headers.html | 0001178913-26-002674 |
| Document: 0001178913-26-002674-index.html | 0001178913-26-002674 |
| Document: 0001178913-26-002674.txt | 0001178913-26-002674 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $0.2109 | awaiting T+20 | — | $0.2190 (+3.84%) |
Sep 23, 2026 4w ago | 6-K | $0.4081 $0.2344 | ▲ +42.56% | ▲ +43.25% | $0.2190 (+46.34%) |
Aug 7, 2026 11w ago | 6-K | $0.3880 $0.3452 | ▲ +11.03% | ▲ +10.63% | $0.2190 (+43.56%) |
Jul 21, 2026 13w ago | Press Release | $0.6634 $0.3600 | ▼ −45.73% | ▼ −48.30% | $0.2190 (−66.99%) |
Jul 6, 2026 16w ago | 6-K | $0.6886 $0.4103 | ▼ −40.42% | ▼ −41.75% | $0.2190 (−68.20%) |
May 14, 2026 23w ago | 6-K | $0.7470 $0.6180 | ▲ +17.27% | ▲ +16.41% | $0.2190 (+70.68%) |
US Market Status
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