Innoviz Technologies Ltd. Q4 2025 Earnings Call Summary

Reduced annual operating expenses by 20% through operational realignment and disciplined R&D allocation, achieving two quarters of single-digit cash burn.Expanded into the 'Physical AI' market, leveraging high-resolution LiDAR to provide ground-truth data for world models in security, infrastructure, and robotics where cameras and radar face limitations.Successfully transitioned gross margin from approximately -5% in 2024 to 23% in 2025, reflecting improved operational efficiency and a more favorable revenu ...