AMBA
Ambarella, Inc.71.98
-1.82-2.47%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Q&A details channel, ASIC timelines
Q&A fleshed out timelines for new indirect channel and semi-custom ASIC strategies, targeting a dozen ISVs by year-end but no meaningful FY2027 revenue. E-commerce warehouse robotics win is already in low-volume production, a first for Ambarella. Auto pipeline hits $13B total, won business flat YoY yet resilient via new design wins offsetting cuts. Management dismissed major DRAM inflation or drone regulation hits, affirmed GM model holds. ASIC includes NRE, stays in 59-62% band initially. No walk-backs. Steady confidence on 10-15% growth; investors eye new biz ramps.
Key Stats
Market Cap
3.10BP/E (TTM)
-Basic EPS (TTM)
-1.88Dividend Yield
0%Recent Filings
10-K
FY2026 results
Ambarella's FY2026 revenue jumped 37% y/y to $391M, fueled by higher unit shipments and a bigger mix of pricier AI inference chips amid edge AI demand, though offset by softer NRE services. Gross margin slipped to 59% from advanced node costs, while operating loss narrowed to $83M on revenue leverage despite R&D climbing 6% to $239M for next-gen CVflow SoCs. Q4 momentum showed in 88% Asia sales (Taiwan dominant) and $74M op cash flow, bolstering $313M liquidity. Buybacks nibbled $1M shares. No guidance disclosed. Customer concentration risks quarterly ramps.
8-K
FY2027 bonus plan approved
Ambarella's Compensation Committee approved the FY2027 Annual Bonus Plan on February 24, 2026, with CEO Feng-Ming Wang eligible for a 100% base salary target—up to 167% max. The pool swells 28% versus FY2026, weighted one-third each on revenue, operating profit, and non-financial goals. Payouts hinge on performance; no threshold, no pool. Committee holds discretion to adjust.
8-K
Record FY26 revenue, board addition
Ambarella reported Q4 FY2026 revenue of $100.9M, up 20.1% YoY, with full-year revenue hitting a record $390.7M, up 37.2%; GAAP net loss narrowed to $75.9M from $117.1M. Non-GAAP net profit swung to $26.9M. Board added semiconductor veteran Gregory Bryant as independent director on February 23. Q1 FY2027 revenue guides $97M-$103M.
10-Q
Q3 FY2026 results
Ambarella surged revenue 31% y/y to $108M in Q3 FY2026 ended October 31, 2025, with gross margin steady at 59.6% despite advanced process costs; YTD revenue climbed 44% to $290M, narrowing operating loss to $64M from $101M while net loss shrank to $(1.40) per diluted share on 42.5M shares. Taiwan drove 70% of sales via distributor WT (68% YTD), fueled by higher AI inference processor volumes. Cash swelled to $174M, plus $121M marketable securities, with ops cash flow at $55M YTD; free cash flow not disclosed in the 10-Q. New Santa Clara HQ lease commenced September 2025 with $10M ROU asset. $48M remains for share repurchases through June 2026. Customer concentration persists.
8-K
Q3 revenue beats, CTO exits
Ambarella posted Q3 FY2026 revenue of $108.5 million, up 31.2% year-over-year, beating guidance with record edge AI sales. GAAP net loss narrowed to $15.1 million from $24.1 million; non-GAAP profit hit $11.9 million. Q4 revenue guides $97-103 million. CTO Leslie Kohn resigned for personal reasons but shifts to part-time advisor role.
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