Mobileye (MBLY): Can It Sustain Revenue Growth After a Strong Q1?
Key takeaways
- Mobileye (MBLY): Can It Sustain Revenue Growth After a Strong Q1?
- This shift powered nearly half of the upside, the executives said.
- The company added that operating income for the quarter climbed 61% year on year to $95 million.
Mobileye (MBLY): Can It Sustain Revenue Growth After a Strong Q1? Abdul Rahman Sun, May 17, 2026 at 1:04 AM GMT+7 2 min read MBLY Mobileye Global Inc. (NASDAQ:MBLY) is one of the best Middle East and Africa stocks to buy according to hedge funds. On April 23, Mobileye Global Inc. (NASDAQ:MBLY) released its Q1 FY2026 financial results and reported revenue of $558 million, a 27% increase year over year, and well ahead of the $519.5 million analysts expected. Adjusted EPS came in at $0.12, which also beat the consensus estimate by 33%.
Mobileye’s top leadership, led by Professor Amnon Shashua, CEO and President, explained in an earnings call on the same day that the revenue beat was due to Chinese OEMs exporting vehicles to emerging markets like Asia and South America, where Mobileye holds a higher market share than it does in China’s domestic market. This shift powered nearly half of the upside, the executives said. Another driver the executives pointed to was that advanced driver-assistance systems, or ADAS, fitment rates at the company’s top Western OEM customers continued trending higher.
The company added that operating income for the quarter climbed 61% year on year to $95 million. Adjusted operating margin also grew to 17% compared to 13% in the same quarter last year. The executives stated in the earnings call that this improvement was supported by higher volumes flowing through a largely fixed cost base.