# Ambarella, Inc. (AMBA) Q2 2026 Financial Results Summary
**Release Date:** August 28, 2025
Ambarella, Inc., an edge AI semiconductor company, announced its financial results for the second quarter of fiscal year 2026, which ended on July 31, 2025. The following summary encapsulates the key highlights and metrics from the report.
## Financial Highlights
– **Revenue**
– Q2 2026: $95.5 million
– Growth: **49.9%** compared to Q2 2025 ($63.7 million)
– Six Months Ended July 31, 2025: $181.4 million
– Growth: **53.5%** compared to the same period last year ($118.2 million)
– **Gross Margin (GAAP)**
– Q2 2026: **58.9%**
– Decrease: **1.9%** from Q2 2025 (60.8%)
– Six Months Ended July 31, 2025: **59.4%**
– Decrease: **1.4%** from the same period last year (60.8%)
– **Net Income/Loss (GAAP)**
– Q2 2026: Net loss of $20.0 million
– Improvement: Loss decreased by **42.5%** from Q2 2025 ($34.9 million)
– Loss per diluted ordinary share: $0.47 compared to $0.85 last year
– Six Months Ended July 31, 2025: Net loss of $44.3 million
– Improvement: Loss decreased by **39.1%** compared to the same period last year ($72.8 million)
– **Gross Margin (Non-GAAP)**
– Q2 2026: **60.5%**
– Decrease: **2.8%** from Q2 2025 (63.3%)
– Six Months Ended July 31, 2025: **61.2%**
– Decrease: **2.1%** compared to the same period last year (63.3%)
– **Net Income/Loss (Non-GAAP)**
– Q2 2026: Net profit of $6.4 million
– Improvement: Net loss decreased by **216.4%** from Q2 2025 (net loss of $5.5 million)
– Earnings per diluted ordinary share: $0.15 compared to a loss of $0.13 last year
– Six Months Ended July 31, 2025: Net profit of $9.5 million
– Improvement: Net loss decreased by **159.4%** compared to the same period last year (net loss of $16.0 million)
## Balance Sheet Highlights
– **Cash and Marketable Securities**
– Total at the end of Q2 2026: $261.2 million
– Increase: From $259.4 million at prior quarter; up **18.8%** from $219.8 million a year ago
## Guidance for Q3 FY 2026
– Expected Revenue: Between $100.0 million and $108.0 million
– Expected Gross Margin (Non-GAAP): Between **60.0%** and **61.5%**
– Expected Operating Expenses (Non-GAAP): Between $54.0 million and $57.0 million
## Dividend and Share Repurchase
– **No quarterly dividend declared** in this report.
– There were no announcements regarding share repurchase.
## Conclusion
Ambarella’s financial results for Q2 FY 2026 demonstrate significant growth in revenue year-over-year, coupled with a notable reduction in net losses, both on GAAP and non-GAAP bases. The outlook for the upcoming quarter is optimistic, as the company anticipates continued revenue growth and operational enhancements, reflecting its strong position in the edge AI market.
Based on the provided press release, here are the extracted tables in HTML format:
### AMBARELLA, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except share and per share data) (unaudited)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| July 31, 2025 | July 31, 2024 | July 31, 2025 | July 31, 2024 | |
| Revenue | $95,511 | $63,724 | $181,383 | $118,197 |
| Cost of revenue | 39,280 | 24,983 | 73,616 | 46,296 |
| Gross profit | 56,231 | 38,741 | 107,767 | 71,901 |
| Operating expenses: | ||||
| Research and development | 59,734 | 56,760 | 118,553 | 110,897 |
| Selling, general and administrative | 18,486 | 18,268 | 37,061 | 36,736 |
| Total operating expenses | 78,220 | 75,028 | 155,614 | 147,633 |
| Loss from operations | (21,989) | (36,287) | (47,847) | (75,732) |
| Other income, net | 2,247 | 2,145 | 4,422 | 4,416 |
| Loss before income taxes | (19,742) | (34,142) | (43,425) | (71,316) |
| Provision for income taxes | 253 | 747 | 898 | 1,505 |
| Net loss | $(19,995) | $(34,889) | $(44,323) | $(72,821) |
| Net loss per share attributable to ordinary shareholders: | ||||
| Basic | $(0.47) | $(0.85) | $(1.05) | $(1.78) |
| Diluted | $(0.47) | $(0.85) | $(1.05) | $(1.78) |
| Weighted-average shares used to compute net loss per share attributable to ordinary shareholders: | ||||
| Basic | 42,546,979 | 41,129,754 | 42,383,475 | 40,952,373 |
| Diluted | 42,546,979 | 41,129,754 | 42,383,475 | 40,952,373 |
### AMBARELLA, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, unaudited)
| ASSETS | July 31, 2025 | January 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $142,739 | $144,622 |
| Marketable debt securities | 118,444 | 105,643 |
| Accounts receivable, net | 42,896 | 29,767 |
| Inventories | 33,808 | 34,428 |
| Restricted cash | 442 | 7 |
| Prepaid expenses and other current assets | 5,543 | 6,084 |
| Total current assets | 343,872 | 320,551 |
| Property and equipment, net | 10,092 | 9,084 |
| Intangible assets, net | 41,879 | 47,279 |
| Operating lease right-of-use assets, net | 3,500 | 5,188 |
| Goodwill | 303,625 | 303,625 |
| Other non-current assets | 3,463 | 3,241 |
| Total assets | $706,431 | $688,968 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 26,783 | 21,775 |
| Accrued and other current liabilities | 76,190 | 80,781 |
| Operating lease liabilities, current | 1,774 | 2,829 |
| Income taxes payable | 1,713 | 1,383 |
| Deferred revenue, current | 19,482 | 14,226 |
| Total current liabilities | 125,942 | 120,994 |
| Operating lease liabilities, non-current | 1,668 | 2,436 |
| Other long-term liabilities | 2,301 | 4,126 |
| Total liabilities | 129,911 | 127,556 |
| Shareholders’ equity: | ||
| Preference shares | — | — |
| Ordinary shares | 19 | 19 |
| Additional paid-in capital | 872,822 | 813,683 |
| Accumulated other comprehensive income (loss) | 59 | (233) |
| Accumulated deficit | (296,380) | (252,057) |
| Total shareholders’ equity | 576,520 | 561,412 |
| Total liabilities and shareholders’ equity | $706,431 | $688,968 |
