โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $59M (+50% YoY; +9% QoQ)
โข Product Revenue: $56M (+42% YoY; +6% QoQ)
โข GAAP Net Loss: $14M vs. $22M YoY
โข Adjusted EBITDA Loss: $3M vs. $8M YoY
โข GAAP Gross Margin: 43% vs. 42% YoY and 49% QoQ
โข Adjusted Gross Margin: 47% vs. 47% YoY and 53% QoQ
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐ (๐๐ ๐๐๐๐)
โข Revenue: $61Mโ$64M
โข Implied Sequential Revenue Growth: +3% to +8%
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Shipped over 27,000 lidar and camera sensors, with lidar representing ~27% of units
โข Record product revenue marked the 15th consecutive quarter of growth
โข Stereolabs camera shipments reached a quarterly record, driven by robotics demand and expanded production capacity
โข Rev8, the world's first native color lidar, has already been selected by hundreds of customers
โข Rev8 production ramp underway, with delivery volumes expected to accelerate into 2027
โข Industrial and robotics demand supported growth across warehouse automation, defense, construction and mapping
โข Expanding unified Physical AI platform combining lidar, cameras, AI compute, sensor fusion and perception software
โข Q2 gross margin benefited from a one-time refund worth approximately 1,000 bps, affecting sequential comparisons
โข YTD Operating Cash Outflow: $49.4M
โข Cash, Restricted Cash & Short-Term Investments: $421M
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โWe provide the complete stack of lidar, vision, compute, and software required to bring Physical AI into the real world.โ โ CEO Angus Pacala