Mobileye Global Inc. Reports Unaudited Consolidated Good Will Impairment for the Three Months Ended March 28, 2026; Provides Goodwill Impairment Guidance for the Full Year 2026
Mobileye Global Inc. reported unaudited consolidated good will impairment for the three months ended March 28, 2026; provided goodwill impairment guidance for the full year 2026. For the three months ended March 28, 2026, the company reported goodwill impairment of USD 3,788 million.
For the full year, the company expects good will impairment to be in the range of USD 3,788 million - USD 3,788 million.
Mobileye Global Inc. is engaged in the development and deployment of advanced driver-assistance systems (ADAS) and autonomous driving technologies and solutions. The Company's portfolio of solutions is built upon a comprehensive suite of purpose-built software and hardware technologies designed to provide the capabilities needed to make the future of ADAS and autonomous driving a reality. These technologies can be harnessed to deliver mission-critical capabilities at the edge and in the cloud, advancing the safety of road users, and revolutionizing the driving experience and the movement of people and goods globally. The Company offers an advanced set of solutions, including Mobileye Surround ADAS, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive. These solutions are propelled by its EyeQ6 SoC and subsequent EyeQ generations, its next-generation software solutions, and its software-defined imaging radars.
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Mobileye Global Inc. Reports Unaudited Consolidated Good Will Impairment for the Three Months Ended March 28, 2026; Provides Goodwill Impairment Guidance for the Full Year 2026