Mobileye Global Inc.
Reconciliation of GAAP Operating Income and Margin to Non-GAAP Adjusted Operating Income and Margin4 (unaudited)
|
Three Months Ended |
|
Year Ended |
||||||||||||||||||||
U.S. dollars in millions |
December 30, 2023 |
|
December 31, 2022 |
|
December 30, 2023 |
|
December 31, 2022 |
||||||||||||||||
|
Amount |
% of Revenue |
|
Amount |
% of Revenue |
|
Amount |
% of Revenue |
|
Amount |
% of Revenue |
||||||||||||
Operating Income (Loss) |
$ |
73 |
11 |
% |
|
$ |
24 |
4 |
% |
|
$ |
(33 |
) |
(2 |
%) |
|
$ |
(37 |
) |
(2 |
%) |
||
Add: Amortization of acquired intangible assets |
|
112 |
|
18 |
% |
|
|
131 |
|
23 |
% |
|
|
474 |
|
23 |
% |
|
|
544 |
|
29 |
% |
Add: Share-based compensation expense |
|
62 |
|
10 |
% |
|
|
62 |
|
11 |
% |
|
|
252 |
|
12 |
% |
|
|
174 |
|
9 |
% |
| Add: Expenses related to the IPO |
|
— |
|
— |
% |
|
|
— |
|
— |
% |
|
|
— |
|
— |
% |
|
|
4 |
|
— |
% |
| Adjusted Operating Income |
$ |
247 |
|
39 |
% |
|
$ |
217 |
|
38 |
% |
|
$ |
693 |
|
33 |
% |
|
$ |
685 |
|
37 |
% |
