Arbe Robotics reported second quarter revenue of $0.7 million, a 133% increase from $0.3 million in the same period last year, beating analyst estimates. The company's net loss narrowed to $9.1 million, or ($0.07) per share, from a loss of $10.2 million a year ago. Arbe reaffirmed its full-year 2026 revenue guidance of $4 million to $6 million, citing progress in diversifying sales into new markets.
Key Highlights
- Revenue for the second quarter grew 133% year-over-year to $0.7 million, driven by increased chipset and radar system sales.
- The company reaffirmed its full-year 2026 revenue guidance of $4 million to $6 million.
- Arbe has begun delivering radar systems to a global defense and homeland security integrator and noted that its systems are now in on-road trials in robotaxi vehicles.
- Net loss narrowed to $9.1 million from $10.2 million in the prior-year quarter, while operating expenses decreased to $9.8 million from $11.3 million.