Mobileye Global Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-25-21	Dec-26-20	Dec-28-19
	10-K	10-K	10-K	S-1/A
Revenues:
KOREA, REPUBLIC OF	115	107	96
GERMANY	268	263	153
UNITED STATES	551	270	134
Mobileye	1,843	1,363	956	879
Total revenues	1,869	1,386	967
Revenue growth [+]	34.8%	43.3%
KOREA, REPUBLIC OF	7.5%	11.5%
GERMANY	1.9%	71.9%
UNITED STATES	104.1%	101.5%
Mobileye	35.2%	42.6%	8.8%
Other	13.0%	109.1%
Cost of goods sold	947	731	591
Gross profit	922	655	376
Gross margin	49.3%	47.3%	38.9%
Selling, general and administrative [+]	170	168	149
Sales and marketing	120	134	116
General and administrative	50	34	33
Research and development	789	544	440
EBITDA [+]	530	469	250
EBITDA growth	13.0%	87.6%
EBITDA margin	28.4%	33.8%	25.9%
Depreciation	23	17	13
EBITA	507	452	237
EBITA margin	27.1%	32.6%	24.5%
Amortization of intangibles	544	509	450
EBIT [+]	-37	-57	-213
EBIT growth	-35.1%	-73.2%
EBIT margin	-2.0%	-4.1%	-22.0%
Other income (expense), net	5		1
Pre-tax income	-32	-57	-212
Income taxes	50	18	-16
Tax rate			7.5%
Net income	-82	-75	-196
Net margin	-4.4%	-5.4%	-20.3%

Basic EPS [+]	($0.11)	($0.10)	($0.26)
Growth	8.0%	-61.7%
Diluted EPS [+]	($0.11)	($0.10)	($0.26)
Growth	8.0%	-61.7%

Dividends per share	$0.44

Shares outstanding (basic) [+]	759	750	750
Growth	1.2%	0.0%
Shares outstanding (diluted) [+]	759	750	750
Growth	1.2%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.