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Ambarella Inc Financials

AMBA
Source SEC Filings (10-K/10-Q) Updated Mar 23, 2026 Currency USD FYE March

This page shows Ambarella Inc (AMBA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 49 / 100
Financial Profile 49/100

Based on FY2026 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
0

Ambarella Inc has an operating margin of -21.1%, meaning the company retains $-21 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -44.4% the prior year.

Growth
95

Ambarella Inc's revenue surged 37.2% year-over-year to $390.7M, reflecting rapid business expansion. This strong growth earns a score of 95/100.

Leverage
95

Ambarella Inc carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
43

Ambarella Inc's current ratio of 2.31 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
62

Ambarella Inc has a free cash flow margin of 14.8%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
0

Ambarella Inc generates a -12.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -20.4% the prior year.

Piotroski F-Score Neutral
4/9

Ambarella Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed
-0.97x

For every $1 of reported earnings, Ambarella Inc generates $-0.97 in operating cash flow ($73.5M OCF vs -$75.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$390.7M
YoY+37.2%
5Y CAGR+11.9%
10Y CAGR+2.1%

Ambarella Inc generated $390.7M in revenue in fiscal year 2026. This represents an increase of 37.2% from the prior year.

EBITDA
-$56.9M
YoY+43.4%

Ambarella Inc's EBITDA was -$56.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.4% from the prior year.

Net Income
-$75.9M
YoY+35.2%

Ambarella Inc reported -$75.9M in net income in fiscal year 2026. This represents an increase of 35.2% from the prior year.

EPS (Diluted)
$-1.78
YoY+37.3%

Ambarella Inc earned $-1.78 per diluted share (EPS) in fiscal year 2026. This represents an increase of 37.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$58.0M
YoY+147.3%
5Y CAGR+15.0%
10Y CAGR-7.1%

Ambarella Inc generated $58.0M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 147.3% from the prior year.

Cash & Debt
$191.0M
YoY+35.2%
5Y CAGR-3.4%
10Y CAGR-3.3%

Ambarella Inc held $191.0M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share
N/A
Shares Outstanding
44M
YoY+3.2%
5Y CAGR+3.9%
10Y CAGR+2.9%

Ambarella Inc had 44M shares outstanding in fiscal year 2026. This represents an increase of 3.2% from the prior year.

Margins & Returns

Gross Margin
59.2%
YoY-1.3pp
5Y CAGR-1.6pp
10Y CAGR-5.7pp

Ambarella Inc's gross margin was 59.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.

Operating Margin
-21.1%
YoY+23.3pp
5Y CAGR+6.3pp
10Y CAGR-47.9pp

Ambarella Inc's operating margin was -21.1% in fiscal year 2026, reflecting core business profitability. This is up 23.3 percentage points from the prior year.

Net Margin
-19.4%
YoY+21.7pp
5Y CAGR+7.4pp
10Y CAGR-43.6pp

Ambarella Inc's net profit margin was -19.4% in fiscal year 2026, showing the share of revenue converted to profit. This is up 21.7 percentage points from the prior year.

Return on Equity
-12.8%
YoY+7.7pp
5Y CAGR-0.6pp
10Y CAGR-33.1pp

Ambarella Inc's ROE was -12.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 7.7 percentage points from the prior year.

Capital Allocation

R&D Spending
$238.5M
YoY+5.5%
5Y CAGR+11.1%
10Y CAGR+11.1%

Ambarella Inc invested $238.5M in research and development in fiscal year 2026. This represents an increase of 5.5% from the prior year.

Share Buybacks
$1.0M
5Y CAGR+0.0%

Ambarella Inc spent $1.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$15.5M
YoY+49.4%
5Y CAGR+51.4%
10Y CAGR+22.2%

Ambarella Inc invested $15.5M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 49.4% from the prior year.

AMBA Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $108.5M+13.5% $95.5M+11.2% $85.9M+2.2% $84.0M+1.6% $82.7M+29.7% $63.7M+17.0% $54.5M+5.5% $51.6M
Cost of Revenue $43.9M+11.7% $39.3M+14.4% $34.3M+2.1% $33.6M+3.2% $32.6M+30.5% $25.0M+17.2% $21.3M+2.6% $20.8M
Gross Profit $64.6M+14.9% $56.2M+9.1% $51.5M+2.3% $50.4M+0.7% $50.0M+29.2% $38.7M+16.8% $33.2M+7.5% $30.9M
R&D Expenses $61.5M+2.9% $59.7M+1.6% $58.8M+3.5% $56.8M-2.7% $58.4M+2.9% $56.8M+4.8% $54.1M+4.1% $52.0M
SG&A Expenses $19.4M+4.9% $18.5M-0.5% $18.6M-1.8% $18.9M+10.1% $17.2M-6.0% $18.3M-1.1% $18.5M-10.2% $20.6M
Operating Income -$16.2M+26.1% -$22.0M+15.0% -$25.9M-2.0% -$25.4M+0.6% -$25.5M+29.7% -$36.3M+8.0% -$39.4M+5.4% -$41.7M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $933K+268.8% $253K-60.8% $645K+123.4% -$2.8M-523.2% $652K-12.7% $747K-1.5% $758K-96.4% $21.0M
Net Income -$15.1M+24.4% -$20.0M+17.8% -$24.3M-20.2% -$20.2M+15.9% -$24.1M+31.0% -$34.9M+8.0% -$37.9M+37.4% -$60.6M
EPS (Diluted) $-0.35+25.5% $-0.47+19.0% $-0.58 N/A $-0.58+31.8% $-0.85+8.6% $-0.93 N/A

AMBA Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $751.9M+6.4% $706.4M+0.6% $701.9M+1.9% $689.0M+2.7% $670.8M+3.1% $650.3M+1.8% $638.7M-2.9% $657.7M
Current Assets $383.7M+11.6% $343.9M+2.5% $335.5M+4.7% $320.6M+5.6% $303.6M+8.6% $279.7M+4.8% $266.9M-4.7% $280.2M
Cash & Equivalents $174.1M+21.9% $142.7M+1.0% $141.3M-2.3% $144.6M+13.8% $127.1M-17.4% $153.9M+16.8% $131.8M-9.0% $144.9M
Inventory $39.2M+15.8% $33.8M-14.0% $39.3M+14.1% $34.4M-5.9% $36.6M+19.3% $30.7M+8.2% $28.3M-2.5% $29.0M
Accounts Receivable $42.2M-1.6% $42.9M+41.9% $30.2M+1.6% $29.8M-12.4% $34.0M+46.7% $23.2M-18.2% $28.3M+13.4% $24.9M
Goodwill $303.6M+8575.0% $3.5M-98.8% $303.6M0.0% $303.6M0.0% $303.6M0.0% $303.6M0.0% $303.6M0.0% $303.6M
Total Liabilities $161.8M+24.5% $129.9M+0.5% $129.2M+1.3% $127.6M+9.5% $116.5M+13.3% $102.8M+23.5% $83.2M-14.9% $97.8M
Current Liabilities $144.5M+14.7% $125.9M+0.9% $124.9M+3.2% $121.0M+13.2% $106.9M+16.9% $91.5M+26.6% $72.2M-12.9% $83.0M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $590.1M+2.4% $576.5M+0.7% $572.7M+2.0% $561.4M+1.3% $554.3M+1.2% $547.6M-1.4% $555.4M-0.8% $559.9M
Retained Earnings -$311.5M-5.1% -$296.4M-7.2% -$276.4M-9.7% -$252.1M-8.7% -$231.8M-11.6% -$207.8M-20.2% -$172.9M-28.1% -$134.9M

AMBA Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $34.3M+523.2% $5.5M-62.8% $14.8M-41.8% $25.4M+284.2% $6.6M-60.5% $16.7M+212.0% -$15.0M-270.8% -$4.0M
Capital Expenditures $2.9M-29.6% $4.1M-9.7% $4.6M+9.1% $4.2M+67.4% $2.5M-2.5% $2.6M+126.5% $1.1M-41.3% $1.9M
Free Cash Flow $31.4M+2171.3% $1.4M-86.5% $10.2M-51.8% $21.2M+415.8% $4.1M-70.9% $14.2M+188.1% -$16.1M-169.8% -$6.0M
Investing Cash Flow -$5.0M-1.2% -$4.9M+69.4% -$16.2M-54.3% -$10.5M+70.8% -$35.8M-1088.9% $3.6M+69.6% $2.1M-23.5% $2.8M
Financing Cash Flow $2.0M+124.6% $894K+157.7% -$1.6M-161.1% $2.5M+5.9% $2.4M+36.5% $1.8M+709.4% -$288K-112.2% $2.4M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0 $0-100.0% $1.0M N/A $0 $0 $0 N/A

AMBA Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 59.6%+0.7pp 58.9%-1.1pp 60.0%+0.0pp 60.0%-0.6pp 60.6%-0.2pp 60.8%-0.1pp 60.9%+1.1pp 59.8%
Operating Margin -15.0%+8.0pp -23.0%+7.1pp -30.1%+0.1pp -30.2%+0.7pp -30.9%+26.1pp -56.9%+15.5pp -72.4%+8.4pp -80.8%
Net Margin -13.9%+7.0pp -20.9%+7.4pp -28.3%-4.3pp -24.1%+5.0pp -29.1%+25.6pp -54.8%+14.9pp -69.6%+47.8pp -117.4%
Return on Equity -2.6%+0.9pp -3.5%+0.8pp -4.3%-0.7pp -3.6%+0.7pp -4.3%+2.0pp -6.4%+0.5pp -6.8%+4.0pp -10.8%
Return on Assets -2.0%+0.8pp -2.8%+0.6pp -3.5%-0.5pp -2.9%+0.7pp -3.6%+1.8pp -5.4%+0.6pp -5.9%+3.3pp -9.2%
Current Ratio 2.66-0.1 2.73+0.0 2.69+0.0 2.65-0.2 2.84-0.2 3.06-0.6 3.69+0.3 3.38
Debt-to-Equity 0.27+0.0 0.230.0 0.230.0 0.23+0.0 0.21+0.0 0.19+0.0 0.15-0.0 0.17
FCF Margin 29.0%+27.5pp 1.5%-10.5pp 11.9%-13.4pp 25.3%+20.3pp 5.0%-17.3pp 22.2%+51.8pp -29.5%-18.0pp -11.6%

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Frequently Asked Questions

Ambarella Inc (AMBA) reported $390.7M in total revenue for fiscal year 2026. This represents a 37.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Ambarella Inc (AMBA) revenue grew by 37.2% year-over-year, from $284.9M to $390.7M in fiscal year 2026.

No, Ambarella Inc (AMBA) reported a net income of -$75.9M in fiscal year 2026, with a net profit margin of -19.4%.

Ambarella Inc (AMBA) reported diluted earnings per share of $-1.78 for fiscal year 2026. This represents a 37.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ambarella Inc (AMBA) had EBITDA of -$56.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Ambarella Inc (AMBA) had a gross margin of 59.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Ambarella Inc (AMBA) had an operating margin of -21.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Ambarella Inc (AMBA) had a net profit margin of -19.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Ambarella Inc (AMBA) has a return on equity of -12.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Ambarella Inc (AMBA) generated $58.0M in free cash flow during fiscal year 2026. This represents a 147.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Ambarella Inc (AMBA) generated $73.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Ambarella Inc (AMBA) had $798.6M in total assets as of fiscal year 2026, including both current and long-term assets.

Ambarella Inc (AMBA) invested $15.5M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Ambarella Inc (AMBA) invested $238.5M in research and development during fiscal year 2026.

Yes, Ambarella Inc (AMBA) spent $1.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Ambarella Inc (AMBA) had 44M shares outstanding as of fiscal year 2026.

Ambarella Inc (AMBA) had a current ratio of 2.31 as of fiscal year 2026, which is generally considered healthy.

Ambarella Inc (AMBA) had a debt-to-equity ratio of 0.34 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Ambarella Inc (AMBA) had a return on assets of -9.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Ambarella Inc (AMBA) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Ambarella Inc (AMBA) has an earnings quality ratio of -0.97x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Ambarella Inc (AMBA) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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