MBLY · MOBILEYE GLOBA-A Q2 FY2026 earnings call record财报电话会记录

“In the second quarter, EyeQ volume was up 3%, outperforming the volume of our top 10 customers by more than eight percentage points.”

“Adjusted operating profit was up 46% year-over-year, and adjusted operating margin expanded by 10 points to 31%.”

“On that basis, results were very strong, with first half revenue up 13% year-over-year compared to our core customers' production volume decline of 3%.”

“Moreover, we continue to secure new design wins across virtually all of the high volume mass market applications our core customers need.”

“Turning to full-year guidance, we are increasing the full-year revenue outlook to $1.995 billion at midpoint and tightening the range, implying 4%-7% revenue growth across the range.”

“We see this as a strong growth in core business, given that the production volume of our top 10 customer is expected to be down about 4.5%.”

“We are increasing our outlook for adjusted operating income to $395 million at the midpoint, up from $210 million in the prior outlook.”

“We incorporate $180 million-$200 million in our full-year outlook for this item.”

“Understand that typically the automotive industry has an annual contracts that include it, but we've heard a lot about input costs going up across the semiconductor supply chain, and I was wondering if you would be able to address anything you're doing regarding managing margins and if you're able to pass or share any input costs with your customers.”

“It means obviously some headwind in SuperVision gross margin, but still it's a relatively small portion of the activity, so it doesn't impact significantly the total gross margin.”

“Is Surround also a less "painful" or less risky upgrade for these customers?”

“Overall, the volumes for SuperVision we're selling in 2026 comprise a smaller portion of the overall revenue of the company.”