Ambarella Inc. ( (AMBA) ) has released its Q3 earnings. Here is a breakdown of the information Ambarella Inc. presented to its investors.
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Ambarella Inc., a leading edge AI semiconductor company, specializes in developing low-power systems-on-chip (SoCs) for various applications including video security, advanced driver assistance systems, and autonomous driving. The company is renowned for its high-resolution video compression and advanced image processing capabilities.
In its third quarter of fiscal year 2026, Ambarella Inc. reported a notable increase in revenue, achieving $108.5 million, a 31.2% rise compared to the same period last year. This growth is part of a broader trend, with the company’s revenue for the first nine months of fiscal 2026 reaching $289.8 million, marking a 44.3% increase from the previous year.
Key financial highlights include a GAAP net loss reduction to $15.1 million from $24.1 million in the previous year, while non-GAAP net profit surged to $11.9 million from $4.6 million. Despite a slight decline in gross margins, both GAAP and non-GAAP, the company has demonstrated improved operational efficiency and strong cash flow, with cash and marketable securities totaling $295.3 million.
Looking ahead, Ambarella anticipates fourth-quarter revenue between $97.0 million and $103.0 million, with non-GAAP gross margins expected to range from 59.0% to 60.5%. The company remains optimistic about future growth opportunities, driven by increasing demand for its edge AI products and a robust pipeline of new product cycles.