Investor Relations

Latest Financial Results

Mar 20, 2025 • 4:01 PM EDT

FY 2024 Year End Results

Fiscal Year Ended Dec 31, 2024

$22.5M

Q4 revenue was $22.5M, +45% QoQ, +2% YoY

$232.7M

Cash, Cash Equivalents, and Marketable Securities, including applicable Lines of Credit and Other Facilities, was $233M as of Dec 30, 2024

For complete information regarding our financials, see our periodic filings

Learn More about Luminar

Latest Financial Results

$22.5M

Q4 revenue was $22.5M, +45% QoQ, +2% YoY

$232.7M

Cash, Cash Equivalents, and Marketable Securities, including applicable Lines of Credit and Other Facilities, was $233M as of Dec 30, 2024

For complete information regarding our financials, see our periodic filings

FY'24 Highlights

Luminar’s Major 2024 Milestones

Luminar achieved the following business milestones in 2024.

1. Start of Production

Luminar passed the final Run at Rate production audit and achieved high volume SOP for Volvo Cars. The company continues to meet all key deliverables for its production ramp.

3. Next-Gen Technology

Luminar Halo was unveiled, offering step-function improvements in performance, integration, and cost versus Iris. Luminar demonstrated its capabilities throughout the year and generated its first point cloud from Luminar Halo.

2. Industrialization

TPK commenced production for Luminar of certain sub-assemblies and components to improve sensor economics. Luminar launched an expanded partnership with TPK to reduce industrialization costs and transition to an asset-light model.

4. LiDAR Ecosystem

Luminar Semiconductor acquired EM4 to expand from chips to modules. Luminar launched its in-development Sentinel software solution and shipped evaluation kits to customers.

1. Start of Production

Luminar passed the final Run at Rate production audit and achieved high volume SOP for Volvo Cars. The company continues to meet all key deliverables for its production ramp.

2. Industrialization

TPK commenced production for Luminar of certain sub-assemblies and components to improve sensor economics. Luminar launched an expanded partnership with TPK to reduce industrialization costs and transition to an asset-light model.

3. Next-Gen Technology

Luminar Halo was unveiled, offering step-function improvements in performance, integration, and cost versus Iris. Luminar demonstrated its capabilities throughout the year and generated its first point cloud from Luminar Halo.

4. LiDAR Ecosystem

Luminar Semiconductor acquired EM4 to expand from chips to modules. Luminar launched its in-development Sentinel software solution and shipped evaluation kits to customers.

thesis

Our Investment Thesis

Our vision is to democratize vehicle safety and eradicate vehicle accidents through enhancing, not replacing, the driver. We are poised to make this vision a reality.

Market Opportunity

We address a massive and growing technology market for next-generation vehicle safety (SAE Level 2+) and autonomy (Level 3+).

We serve a variety of end markets, including Consumer Vehicles, Trucking, Robotaxi, and Adjacent Markets.

Commercial Momentum

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Leading Technology

Our breakthrough LiDAR has been designed to usher in a new era of vehicle safety and autonomy. Our LiDAR is the first to be integrated and standardized on a global production vehicle.

Luminar’s technology has been built from the chip-level up and enables automakers to achieve advanced safety and autonomous capabilities on vehicles at low and high speeds, day and night, that today’s camera/RADAR-based systems alone cannot.

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Building for Scale

In 2022, we achieved low volume series production for our Iris LiDAR.

In 2024, we achieved high volume series production at the dedicated manufacturing facility in Mexico to support SOP with Volvo Cars.

We continue to meet all key deliverables for our customer's production ramp, with additional vehicle launches ahead in 2025.

Well Capitalized Financial Position

As of YE’24, we had $233M in pro-forma Cash & Liquidity, including $183M of cash & equivalents, as well as a $50M credit facility executed in early 2024.


Luminar has proven its ability to successfully access the capital markets, having raised over $1.5B since 2020 to fuel our technology, product, and industrialization efforts.

Leaders in Tech & Automotive

We have attracted leaders from across the Technology and Automotive industries, with experience at a range of companies including Apple, NVIDIA, Tesla, Meta, Google, Amazon, Microsoft, GoPro, SpaceX, Lyft, and Tier 1 suppliers, among others.

Partnered with Industry Leaders

IR Contacts

Corporate Office

Luminar Technologies, Inc.
2603 Discovery Drive
Suite 100
Orlando, FL 32826
United States

Investor Relations

investors@luminartech.com

Transfer Agent

Equiniti
6201 15th Avenue
Brooklyn, NY 11219
T: 800-937-5449
help@equiniti.com
https://www.equiniti.com/us/ast-access