Mobileye Global Inc.
Reconciliation of GAAP Operating Income (loss) and Margin to Non-GAAP Adjusted Operating Income and Margin4 (unaudited)
|
Three Months Ended |
|
Nine months Ended |
|||||||||||||||||||
U.S. dollars in millions |
September 30, 2023 |
|
October 1, 2022 |
|
September 30, 2023 |
|
October 1, 2022 |
|||||||||||||||
|
Amount |
% of
|
|
Amount |
% of
|
|
Amount |
% of
|
|
Amount |
% of
|
|||||||||||
Operating Income (Loss) |
$ |
8 |
2 |
% |
|
$ |
(25 |
) |
(6 |
%) |
|
$ |
(106 |
) |
(7 |
%) |
|
$ |
(61 |
) |
(5 |
%) |
Add: Amortization of acquired intangible assets |
|
111 |
21 |
% |
|
|
131 |
|
29 |
% |
|
|
362 |
|
25 |
% |
|
|
413 |
|
32 |
% |
Add: Share-based compensation expense |
|
63 |
12 |
% |
|
|
36 |
|
8 |
% |
|
|
190 |
|
13 |
% |
|
|
112 |
|
9 |
% |
| Add: Expenses related to the IPO |
|
— |
— |
% |
|
|
1 |
|
— |
% |
|
|
— |
|
— |
% |
|
|
4 |
|
— |
% |
| Adjusted Operating Income |
$ |
182 |
34 |
% |
|
$ |
143 |
|
32 |
% |
|
$ |
446 |
|
31 |
% |
|
$ |
468 |
|
36 |
% |
