r/ARBE_Investors

Q3 2025

>George Gianarikas: Thank you. And maybe just, I know it's early, but I'd like to understand how you think we should think about 2026 and 2027, maybe, and just sort of the way we should model the ramp in your revenue, OpEx, cash burn, just so we can have sort of a sense of a new model over the next couple of years? Thank you.

>Kobi Marenko: So I think '26, most of our revenues will come from non-automotive, which we see right now a great ramp-up from this business. As I mentioned, from almost every vertical that we are touching, we see orders and repeated orders from different sectors, from yachts, from small cities, all of that are bringing more and more orders, and we believe that next year we should expect a nice amount of revenues from non-automotive. The second part of it is the ramp-up of revenues from China from hiring. We still don't have the final visibility on the exact month that it will start, but we believe that we will see some revenues from common vessels in China as well.

>Karine Pinto-Flomenboim: Just to complete for your understanding of the OpEx, so as Kobi mentioned, next year will be non-automotive. Our current OpEx structure supports those revenues. And also going towards '27, so we assume a stable level of OpEx not increasing too much, and towards the ramp-up of the automotive, we will see a ramp-up, of course, in headcount, mainly customer base, to support this ramp-up.

Source: https://www.fool.com/earnings/call-transcripts/2025/11/17/arbe-robotics-arbe-q3-2025-earnings-transcript/

These are all customer - direct roles.

2026 is almost at its end. There should be more evidences of customer - facing roles to signal an automotive ramp - up.

Just found this article, and 2 others in German all roughly saying the same thing. VW selected Wayve.

https://www.electrive.com/2026/10/01/volkswagen-announce-autonomous-driving-partnership-with-wayve/

Wayve beat out NVIDIA SW, but NVIDIA could still play a key role as a hardware provider. They are estimating "several weeks" for the deal to finalize...

Just in time for Berlin GTC, where the MOIA CEO will take post on a European Robotaxi scaling panel... Gee, I wonder why...

Dear Arbe_investors,

My AI assistant, Arbet have found that something interesting in the latest Form 4 filed for Arbe director Eugene Scott Crist, and I’m curious if anyone else has looked into this.

According to Arbe’s earlier Form 3, Crist directly owned 964,182 ARBE shares.

In the more recent Form 4, the filing appears to report:

50 shares purchased Purchase price: $0.605 per share

Direct ownership after the transaction: 1,014,182 shares

The numbers do not seem to reconcile.

If he purchased only 50 shares:

964,182 + 50 = 964,232

But the filing shows 1,014,182 shares after the transaction.

Interestingly:

964,182 + 50,000 = 1,014,182

So one possible explanation is that the transaction may actually have been 50,000 shares at $0.605, or approximately $30,250, rather than 50 shares/$30.25.

Of course, it could also simply be that the post-transaction ownership figure was entered incorrectly, or that there was another ownership adjustment not reflected in the transaction line.

I emailed Arbe Investor Relations asking them to clarify whether:

The purchase amount should have been 50,000 shares rather than 50,

The post-transaction ownership total was incorrect, or

There was another transaction/adjustment explaining the difference.

I also asked whether an amended Form 4/A may be filed if this was a clerical error.

For now, I would not treat this as a confirmed 50,000-share insider purchase until Arbe or the SEC filing is corrected.

But the arithmetic is definitely interesting.

Has anyone else noticed this or found another filing that explains the extra 49,950 shares?