From GlobeNewswire: 2025-05-29 16:05:00

Ambarella, Inc. announced first quarter fiscal 2026 results with revenue at $85.9 million, a 57.6% increase from the same period in fiscal 2025. Gross margin was 60.0%, and GAAP net loss was $24.3 million. On a non-GAAP basis, gross margin was 62.0%, with a net profit of $3.0 million. Revenue guidance for the second quarter of fiscal 2026 is between $86.0 million and $94.0 million.

Cash, cash equivalents, and marketable debt securities at the end of the first quarter of fiscal 2026 were $259.4 million. Ambarella’s CEO, Fermi Wang, noted a fourth consecutive record AI revenue quarter and increased fiscal 2026 revenue growth guidance to 19% to 25%. A stock repurchase program was extended, and a conference call will be held to discuss results.

The company provided non-GAAP financial information, excluding stock-based compensation and acquisition-related costs, and reconciled GAAP to non-GAAP results. Loss from operations was $25.8 million, and net loss per share was $0.58. Non-GAAP net income was $3.0 million. The company’s balance sheet showed total assets at $701.9 million and total liabilities at $129.2 million.

For more information, Ambarella’s CEO, Fermi Wang, and CFO, John Young, will discuss first quarter fiscal 2026 results in a conference call. The company’s products are used in various AI applications, and financial statements are available on their website. Ambarella issued a “safe harbor” statement and noted the risks and uncertainties associated with their financial results. Contact Louis Gerhardy for more information.



Read more at GlobeNewswire:: Ambarella, Inc. Announces First Quarter Fiscal Year 2026