AMBQ
Ambiq Micro, Inc.27.66
+0.28+1.02%
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 '25
Confirms $100M+ 2026 revenue path
Q&A confirmed a clear path to over $100 million in 2026 revenue, with strong demand across Q1-Q3 before Q4 seasonality kicks in—far beyond the prepared Q1 guide of $21-22 million. Non-wearables now claim 25% of the design funnel, set to boost 2026 sales alongside a new scaled global customer's Q1 ramp. OpEx ramps non-linearly in Q2-Q3 from contract engineers and IP buys; margins face back-half industry cost pressures despite yield focus. Apollo 5 volumes surge absolutely, though mix shifts gradually. Over $100 million looks achievable. Management stayed bullish; investors will eye customer ramps and mix evolution.
Key Stats
Market Cap
506.54MP/E (TTM)
-Basic EPS (TTM)
-1.97Dividend Yield
99.5%Recent Filings
10-K
FY2025 results
Ambiq Micro posted FY2025 net sales of $72.5M, down 4.7% y/y from $76.1M, yet gross profit soared 32% to $32.1M with margins expanding 1,240bps to 44.3%—fueled by slashing low-margin Mainland China exposure from 50% to 9% of sales while U.S. revenue jumped to 85%. R&D ticked up 3.5% to $38.5M on Atomiq development, but SG&A rose 19.5% to $33.2M from IPO costs; net loss narrowed to $36.5M. Cash swelled to $140M post-IPO. Q4 momentum shone in margin gains from geographic pivot. Heavy customer reliance risks quarterly swings.
8-K
Q4 sales beat, margins soar
Ambiq Micro reported Q4 2025 net sales of $20.7M, topping guidance with 14.2% sequential growth and record full-year gross profit despite flat annual sales of $72.5M. Margins expanded sharply to 42.7% GAAP, fueled by higher-value AI customers—yet operating losses widened. Q1 guides $21-22M sales. Momentum builds.
8-K
Preliminary 2025 sales $72M
8-K
Board adds Banks as director
Ambiq Micro expanded its board from six to seven directors, appointing Dr. Bernard B. Banks effective January 5, 2026, as a Class III director until the 2028 annual meeting. Banks joins the Audit Committee, bringing expertise from leading Rice University's Doerr Institute, prior Kellogg faculty role, and 29-year Army career retiring as Brigadier General. No related party ties. Standard director compensation applies.
10-Q
Q3 FY2025 results
Ambiq Micro posted Q3 net sales of $18.2M, down 10% y/y yet lifting gross margin to 42.3% from 32.6% via non-China customer mix shift—US end-customers drove 89% of sales. Operating loss held steady at $10.0M while net loss narrowed to $9.0M, or $(0.72) per share on 12.5M diluted shares, reconciled. Cash swelled to $146.5M post-July IPO's $102.7M net proceeds; operating cash burn eased to $15.6M YTD. IPO fueled the balance sheet. Customer concentration lingers.
ALGM
Allegro MicroSystems, Inc.
26.24-0.48
ALMU
Aeluma, Inc.
16.36-0.22
AMBA
Ambarella, Inc.
71.98-1.82
AMD
Advanced Micro Devices, Inc.
209.17+1.59
AMKR
Amkor Technology, Inc.
40.28-3.63
MCHP
Microchip Technology Incorporat
65.90-1.28
MPWR
Monolithic Power Systems, Inc.
951.36+1.96
RMBS
Rambus, Inc.
94.69-0.76
STM
STMicroelectronics N.V.
25.94-0.43
UMC
United Microelectronics Corpora
7.89+0.05