For the year ending 2025-12-27, MBLY had $422M increase in cash & cash equivalents over the period. $523M in free cash flow.
| Cash Flow | 2025-12-27 | 2024-12-28 | 2023-12-30 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | - | 1,654 | 2,079 | 1,869 |
| Cost of revenue | - | 913 | 1,032 | 947 |
| Gross profit | - | 741 | 1,047 | 922 |
| Research and development, net | - | 1,083 | 889 | 789 |
| Sales and marketing | - | 118 | 118 | 120 |
| General and administrative | - | 70 | 73 | 50 |
| Goodwill impairment | - | 2,695 | - | - |
| Total operating expenses | - | 3,966 | 1,080 | 959 |
| Operating income (loss) | - | -3,225 | -33 | -37 |
| Interest income with a related party | - | - | - | 18 |
| Interest expenses with a related party | - | - | - | 24 |
| Other financial income (expense), net | - | 62 | 49 | 11 |
| Income (loss) before income taxes | - | -3,163 | 16 | -32 |
| Benefit (provision) for income taxes | - | -73 | 43 | 50 |
| Net income (loss) | -392 | -3,090 | -27 | -82 |
| Depreciation of property and equipment | 74 | 62 | 39 | 23 |
| Share-based compensation | 277 | 279 | 252 | 174 |
| Amortization of intangible assets | 443 | 444 | 474 | 544 |
| Goodwill impairment | - | 2,695 | - | - |
| Exchange rate differences on cash and cash equivalents | 17 | -2 | -5 | -6 |
| Deferred income taxes | 15 | 101 | 14 | 9 |
| Interest on dividend note to related party, net | - | - | - | 18 |
| Interest with related party, net | - | - | 16 | 12 |
| (gains) losses on equity and debt investments, net | 1 | 3 | - | - |
| Other | -9 | - | -1 | 2 |
| Decrease (increase) in trade accounts receivable | -81 | -124 | 88 | 114 |
| Decrease (increase) in other current assets | 16 | -15 | -8 | 10 |
| Decrease (increase) in inventories | -89 | 24 | 278 | 16 |
| Decrease (increase) in other long - term assets | 13 | 11 | 3 | -17 |
| Increase (decrease) in accounts payable, accrued expenses and related party payable | 26 | -29 | 10 | 58 |
| Increase (decrease) in employee-related accrued expenses and long-term benefits | 52 | 25 | -1 | -52 |
| Increase (decrease) in other current liabilities | -5 | 6 | -7 | -16 |
| Increase (decrease) in other long-term liabilities | 10 | 6 | 7 | -5 |
| Net cash provided by operating activities | 602 | 400 | 394 | 546 |
| Purchase of property and equipment | 79 | 81 | 98 | 111 |
| Repayment of loan due from related party | - | - | - | 1,635 |
| Issuance of loan to related party | - | - | - | 336 |
| Purchases of debt and equity investments | 106 | 62 | - | - |
| Other | - | - | - | 1 |
| Maturities and sales of debt and equity investments | 94 | 23 | - | - |
| Net cash used in investing activities | -91 | -120 | -98 | 1,187 |
| Net transfers from parent | - | - | - | 84 |
| Dividend paid | - | 0 | 0 | 337 |
| Share-based compensation recharge | 6 | 66 | 100 | 280 |
| Proceeds from initial public offering, net of offering costs | - | 0 | 0 | 1,034 |
| Equity transaction in connection with the legal purchase of entities | - | - | - | 900 |
| Repayment of dividend note with related party | - | - | - | 918 |
| Repurchase of common stock from parent | 100 | - | - | - |
| Net cash used in financing activities | -106 | -66 | -100 | -1,317 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 17 | -2 | -5 | -6 |
| Increase in cash, cash equivalents and restricted cash | 422 | 212 | 191 | 410 |
| Cash and cash equivalents at beginning of period | 1,438 | 1,226 | 1,035 | 625 |
| Cash and cash equivalents at end of period | 1,860 | 1,438 | 1,226 | 1,035 |
Mobileye Global Inc. (MBLY)
Mobileye Global Inc. (MBLY)