Ambarella, Inc. reported a revenue of $95.5 million for the second quarter of fiscal year 2026, up 49.9% from the same period in fiscal 2025. Gross margin under GAAP was 58.9% for the quarter. Non-GAAP net profit was $6.4 million. Revenue guidance for the third quarter of fiscal year 2026 is between $100.0 million and $108.0 million.

Total cash, cash equivalents, and marketable debt securities at the end of the second quarter of fiscal 2026 was $261.2 million. Ambarella President & CEO, Fermi Wang, stated an increase in revenue growth estimate to a range of 31% to 35% for fiscal 2026. The company is focused on edge AI market needs, expecting record revenue for the third quarter.

Ambarella reported financial results for the second quarter of fiscal year 2026 on a non-GAAP basis. Revenue guidance for the third quarter is between $100.0 million and $108.0 million, with a gross margin between 60.0% and 61.5%. The company is experiencing strong growth in the edge AI market and expects to achieve record revenue levels.

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