Luminar's revenue increased by 21% year-over-year in the third quarter.

Luminar reported revenue of $18.7 million for the third quarter ended September 30, 2025, representing a 21% year-over-year increase and a 20% sequential increase. However, the company still faces significant losses, with a GAAP net loss of $89.5 million and a non-GAAP net loss of $65.4 million.