What is Ambac Finl Group Inc's earnings per share (EPS)?

Ambac Finl Group Inc (AMBC) reported diluted earnings per share of $-5.93 for fiscal year 2025. This represents a 50.4% 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.

Ambac Finl Group Inc Financials

AMBC

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Ambac Finl Group Inc (AMBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).

Rhea AI AMBC FY2025 2026-04-22

Ambac's business mechanic is a rapid balance-sheet contraction with weaker cash conversion than headline losses suggest.

Between FY2024 and FY2025, the net loss narrowed by about $297M even as operating cash flow slipped from roughly break-even to -$52.3M, so reported earnings improved while cash generation worsened. At the same time, total assets fell from $8.1B to $2.2B and liabilities dropped even faster, which reads more like a business becoming much smaller and less balance-sheet-dependent than one gaining operating momentum.

The clearest structural shift is a leverage reset: liabilities fell from 85.2% of assets in FY2024 to 51.2% in FY2025, and debt-to-equity remained just 0.2x. That leaves a less liability-heavy capital mix, but it also confirms the company now runs on a much smaller asset base.

The operating model still looks overhead-heavy: SG&A consumed about three-quarters of revenue in FY2025, using $191.6M to support just $251.2M of revenue. Liquidity discipline matters here, because year-end cash was $70.1M while buybacks were $29.9M and operations used cash.

Financial Health Signals

Financial Profile 33/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Ambac Finl Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

100

Ambac Finl Group Inc's revenue grew 6.5% year-over-year to $251.2M, a solid pace of expansion. This earns a growth score of 100/100.

Leverage

Ambac Finl Group Inc carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Returns

Ambac Finl Group Inc generates a -36.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -69.6% the prior year.

Piotroski F-Score Weak

3/9

Ambac Finl Group Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.20x

For every $1 of reported earnings, Ambac Finl Group Inc generates $0.20 in operating cash flow (-$52.3M OCF vs -$259.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$251.2M

YoY+6.5%

5Y CAGR+10.0%

10Y CAGR-9.6%

Ambac Finl Group Inc generated $251.2M in revenue in fiscal year 2025. This represents an increase of 6.5% from the prior year.

EBITDA

N/A

Net Income

-$259.0M

YoY+53.4%

Ambac Finl Group Inc reported -$259.0M in net income in fiscal year 2025. This represents an increase of 53.4% from the prior year.

EPS (Diluted)

$-5.93

YoY+50.4%

Ambac Finl Group Inc earned $-5.93 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$68.4M

YoY+131.2%

5Y CAGR+27.9%

10Y CAGR+4.6%

Ambac Finl Group Inc held $68.4M in cash against $117.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

45M

YoY-3.2%

5Y CAGR-0.4%

10Y CAGR-17.5%

Ambac Finl Group Inc had 45M shares outstanding in fiscal year 2025. This represents a decrease of 3.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-103.1%

YoY+132.7pp

5Y CAGR+177.0pp

10Y CAGR-65.7pp

Ambac Finl Group Inc's net profit margin was -103.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 132.7 percentage points from the prior year.

Return on Equity

-36.2%

YoY+33.5pp

5Y CAGR+4.3pp

Ambac Finl Group Inc's ROE was -36.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 33.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$29.9M

YoY+156.0%

Ambac Finl Group Inc spent $29.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 156.0% from the prior year.

Capital Expenditures

N/A

AMBC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$251.2M+6.5%	$235.8M+89.1%	$124.7M+132.6%	$53.6M-81.0%	$282.0M+80.8%	$156.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$191.6M+48.4%	$129.2M+92.8%	$67.0M+19.0%	$56.3M-49.3%	$111.0M+20.7%	$92.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$18.6M+98.7%	$9.4M	$0	$0-100.0%	$187.0M-15.8%	$222.0M
Income Tax	$5.2M+464.0%	$924K-6.6%	$989K+314.1%	-$462K-102.6%	$18.0M+700.0%	-$3.0M
Net Income	-$259.0M+53.4%	-$556.0M-11220.0%	$5.0M-99.0%	$522.0M+3170.6%	-$17.0M+96.1%	-$437.0M
EPS (Diluted)	$-5.93+50.4%	$-11.96-6744.4%	$0.18-98.4%	$11.48+1982.0%	$-0.61+93.6%	$-9.47

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$104.2M+55.7%	$66.9M+0.4%	$66.6M+21.2%	$55.0M-12.4%	$62.8M-3.8%	$65.2M-6.8%	$70.0M+37.2%	$51.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$53.2M-9.7%	$58.8M+9.6%	$53.7M+32.5%	$40.5M+5.2%	$38.5M-4.7%	$40.4M-8.1%	$44.0M+57.9%	$27.9M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$2.1M+46.1%	$1.4M-76.9%	$6.2M+11.0%	$5.6M+2.1%	$5.5M+120.5%	-$26.6M-233.1%	$20.0M+25.0%	$16.0M
Income Tax	-$481K-105.2%	$9.2M+844.6%	-$1.2M+42.9%	-$2.2M-252.0%	-$617K-136.5%	$1.7M+295.0%	-$867K-2790.0%	-$30K
Net Income	-$6.9M+74.9%	-$27.3M+75.8%	-$112.6M-54.9%	-$72.7M-56.7%	-$46.4M+91.5%	-$548.3M-1893.5%	-$27.5M-3567.1%	-$750K
EPS (Diluted)	$-0.13	N/A	$-2.35-52.6%	$-1.54-27.3%	$-1.21+88.2%	$-10.23-1523.8%	$-0.63-3050.0%	$-0.02

AMBC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.2B-72.4%	$8.1B-4.4%	$8.4B+5.7%	$8.0B-35.2%	$12.3B-6.9%	$13.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$68.4M+131.2%	$29.6M+303.2%	$7.3M+16.0%	$6.3M-62.8%	$17.0M-15.0%	$20.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$540.3M+29.2%	$418.2M+500.1%	$69.7M+51.3%	$46.0M+0.1%	$46.0M0.0%	$46.0M
Total Liabilities	$1.1B-83.4%	$6.9B-1.9%	$7.0B+5.3%	$6.6B-40.6%	$11.2B-7.3%	$12.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$117.6M	$0-100.0%	$508.0M-20.5%	$639.0M-71.3%	$2.2B-18.6%	$2.7B
Total Equity	$715.8M-10.3%	$798.4M-41.4%	$1.4B+8.8%	$1.3B+20.6%	$1.0B-3.9%	$1.1B
Retained Earnings	$370.4M-45.8%	$683.6M-45.1%	$1.2B+0.1%	$1.2B+71.5%	$726.0M-4.3%	$759.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$2.3B+2.0%	$2.2B+3.5%	$2.1B-74.8%	$8.5B+3.3%	$8.3B+2.4%	$8.1B-12.9%	$9.3B+13.1%	$8.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$93.5M+36.7%	$68.4M+148.7%	$27.5M+22.1%	$22.5M-33.8%	$34.1M+15.1%	$29.6M-27.4%	$40.8M+179.7%	$14.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$533.5M-1.3%	$540.3M+21.3%	$445.4M-1.4%	$451.8M+5.2%	$429.3M+2.6%	$418.2M-3.6%	$434.0M+520.0%	$70.0M
Total Liabilities	$1.2B+8.8%	$1.1B+13.7%	$1.0B-86.3%	$7.3B+3.7%	$7.0B+2.6%	$6.9B-7.0%	$7.4B+9.4%	$6.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$117.1M-0.4%	$117.6M+17.6%	$100.0M	N/A	N/A	$0-100.0%	$518.0M+0.6%	$515.0M
Total Equity	$712.6M-0.4%	$715.8M-15.1%	$843.4M-1.9%	$859.8M+0.9%	$852.2M+6.7%	$798.4M-45.5%	$1.5B+7.1%	$1.4B
Retained Earnings	$363.8M-1.8%	$370.4M-24.7%	$491.7M-19.1%	$607.5M-10.8%	$681.5M-0.3%	$683.6M-44.6%	$1.2B-2.4%	$1.3B

AMBC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$52.3M-6961.3%	$762K-99.6%	$200.0M-85.0%	$1.3B+1119.1%	-$131.0M+25.1%	-$175.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	$435.0M-49.8%	$866.0M+11.6%	$776.0M+79.6%	$432.0M
Financing Cash Flow	$21.4M-25.4%	$28.6M+4090.2%	-$717K+100.0%	-$2.2B-229.2%	-$657.0M-116.8%	-$303.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$29.9M+156.0%	$11.7M+159.4%	$4.5M-68.3%	$14.2M	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$10.1M-1413.4%	-$666K+98.4%	-$41.2M-2015.0%	$2.1M+117.0%	-$12.6M+83.3%	-$75.6M-254.6%	$48.9M+139.7%	$20.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	$247.3M+7574.8%	-$3.3M-115.5%	$21.3M	N/A	-$225.8M-1055.0%	-$19.6M
Financing Cash Flow	N/A	$232.1M+215.5%	-$201.0M-4562.0%	-$4.3M+20.7%	-$5.4M+96.9%	-$178.2M-185.5%	$208.6M+52241.0%	-$400K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AMBC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-103.1%+132.7pp	-235.8%-239.8pp	4.0%-969.6pp	973.7%+979.7pp	-6.0%+274.1pp	-280.1%
Return on Equity	-36.2%+33.5pp	-69.6%-70.0pp	0.4%-41.3pp	41.7%+43.3pp	-1.6%+38.8pp	-40.5%
Return on Assets	-11.7%-4.8pp	-6.9%-7.0pp	0.1%-6.5pp	6.6%+6.7pp	-0.1%+3.2pp	-3.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.16+0.2	0.00-0.4	0.37-0.1	0.51-1.6	2.15-0.4	2.54
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-6.6%+34.2pp	-40.8%+128.3pp	-169.1%-36.8pp	-132.3%-58.4pp	-73.9%+766.7pp	-840.6%-801.3pp	-39.3%-37.8pp	-1.5%
Return on Equity	-1.0%+2.9pp	-3.8%+9.5pp	-13.4%-4.9pp	-8.5%-3.0pp	-5.4%+63.2pp	-68.7%-66.8pp	-1.9%-1.8pp	-0.1%
Return on Assets	-0.3%+0.9pp	-1.2%+4.0pp	-5.2%-4.4pp	-0.9%-0.3pp	-0.6%+6.2pp	-6.8%-6.5pp	-0.3%-0.3pp	-0.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.160.0	0.16+0.0	0.12-8.4	8.49+0.2	8.26+8.3	0.00-0.4	0.35-0.0	0.38
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Ambac Finl Group Inc's annual revenue?

Ambac Finl Group Inc (AMBC) reported $251.2M in total revenue for fiscal year 2025. This represents a 6.5% 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.

How fast is Ambac Finl Group Inc's revenue growing?

Ambac Finl Group Inc (AMBC) revenue grew by 6.5% year-over-year, from $235.8M to $251.2M in fiscal year 2025.

Is Ambac Finl Group Inc profitable?

No, Ambac Finl Group Inc (AMBC) reported a net income of -$259.0M in fiscal year 2025, with a net profit margin of -103.1%.

How much debt does Ambac Finl Group Inc have?

As of fiscal year 2025, Ambac Finl Group Inc (AMBC) had $68.4M in cash and equivalents against $117.6M in long-term debt.

What is Ambac Finl Group Inc's net profit margin?

Ambac Finl Group Inc (AMBC) had a net profit margin of -103.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Ambac Finl Group Inc's return on equity (ROE)?

Ambac Finl Group Inc (AMBC) has a return on equity of -36.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Ambac Finl Group Inc's operating cash flow?

Ambac Finl Group Inc (AMBC) generated -$52.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ambac Finl Group Inc's total assets?

Ambac Finl Group Inc (AMBC) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Ambac Finl Group Inc buy back shares?

Yes, Ambac Finl Group Inc (AMBC) spent $29.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Ambac Finl Group Inc have outstanding?

Ambac Finl Group Inc (AMBC) had 45M shares outstanding as of fiscal year 2025.

What is Ambac Finl Group Inc's debt-to-equity ratio?

Ambac Finl Group Inc (AMBC) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ambac Finl Group Inc's return on assets (ROA)?

Ambac Finl Group Inc (AMBC) had a return on assets of -11.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Ambac Finl Group Inc's cash runway?

Based on fiscal year 2025 data, Ambac Finl Group Inc (AMBC) had $68.4M in cash against an annual operating cash burn of $52.3M. This gives an estimated cash runway of approximately 16 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Ambac Finl Group Inc's Piotroski F-Score?

Ambac Finl Group Inc (AMBC) has a Piotroski F-Score of 3 out of 9, indicating weak 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ambac Finl Group Inc's earnings high quality?

Ambac Finl Group Inc (AMBC) has an earnings quality ratio of 0.20x, considered low quality (accrual-driven). 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.

How financially healthy is Ambac Finl Group Inc?

Ambac Finl Group Inc (AMBC) scores 33 out of 100 on our Financial Profile, indicating weak 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.