Ambiq Micro Financials
This page shows Ambiq Micro (AMBQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
AMBQ is operating as a cash-funded development business where fresh financing, not current sales, carries the model.
Over the last two annual periods, the balance sheet moved from negative equity to positive equity and cash rose to$140.3M , even though operating cash flow was still-$19.7M . That combination means the stronger-looking capital position came from financing inflows, not from the business suddenly turning its reported losses into cash.
Gross margin expanded from
Operating cash outflow improved only slightly, moving from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ambiq Micro'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.
Ambiq Micro has an operating margin of -54.5%, meaning the company retains $-55 of operating profit per $100 of revenue. This results in a moderate score of 38/100, indicating healthy but not exceptional operating efficiency. This is down from -53.4% the prior year.
Ambiq Micro's revenue declined 4.7% year-over-year, from $76.1M to $72.5M. This contraction results in a growth score of 19/100.
Ambiq Micro carries a low D/E ratio of 0.14, meaning only $0.14 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 8.76, Ambiq Micro holds $8.76 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 96/100.
Ambiq Micro generates a -22.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 28/100.
Ambiq Micro scores 42.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.6B) relative to total liabilities ($22.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ambiq Micro passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Ambiq Micro generates $0.54 in operating cash flow (-$19.7M OCF vs -$36.5M 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
Earnings & Revenue
Ambiq Micro generated $72.5M in revenue in fiscal year 2025. This represents a decrease of 4.7% from the prior year.
Ambiq Micro's EBITDA was -$32.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.9% from the prior year.
Ambiq Micro reported -$36.5M in net income in fiscal year 2025. This represents an increase of 8.1% from the prior year.
Cash & Balance Sheet
Ambiq Micro held $140.3M in cash against $0 in long-term debt as of fiscal year 2025.
Ambiq Micro had 18M shares outstanding in fiscal year 2025.
Margins & Returns
Ambiq Micro's gross margin was 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 12.3 percentage points from the prior year.
Ambiq Micro's operating margin was -54.5% in fiscal year 2025, reflecting core business profitability. This is down 1.1 percentage points from the prior year.
Ambiq Micro's net profit margin was -50.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.
Ambiq Micro's ROE was -22.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Ambiq Micro invested $38.5M in research and development in fiscal year 2025. This represents an increase of 3.5% from the prior year.
AMBQ Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1M+20.8% | $20.7M+14.2% | $18.2M+1.6% | $17.9M+13.6% | $15.7M | N/A | $20.3M+0.1% | $20.3M |
| Cost of Revenue | $14.2M+19.2% | $11.9M+13.3% | $10.5M-2.0% | $10.7M+45.8% | $7.3M | N/A | $13.7M-1.2% | $13.8M |
| Gross Profit | $10.9M+22.9% | $8.9M+15.4% | $7.7M+7.1% | $7.2M-14.5% | $8.4M | N/A | $6.6M+2.9% | $6.4M |
| R&D Expenses | $12.8M+6.8% | $12.0M+35.1% | $8.9M-0.1% | $8.9M+2.4% | $8.7M | N/A | $9.6M+1.9% | $9.4M |
| SG&A Expenses | $9.7M+10.7% | $8.8M-0.2% | $8.8M+24.9% | $7.1M-16.3% | $8.4M | N/A | $7.1M-10.8% | $8.0M |
| Operating Income | -$11.7M+2.3% | -$12.0M-19.1% | -$10.0M-14.2% | -$8.8M-0.6% | -$8.7M | N/A | -$10.1M+8.0% | -$11.0M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $3K-84.2% | $19K+533.3% | $3K-78.6% | $14K+250.0% | $4K | N/A | $13K+85.7% | $7K |
| Net Income | -$10.2M+4.8% | -$10.7M-18.6% | -$9.0M-6.0% | -$8.5M-2.6% | -$8.3M | N/A | -$9.4M+11.2% | -$10.6M |
| EPS (Diluted) | $-0.50 | N/A | $-0.72 | $-18.89+0.4% | $-18.96 | N/A | $-26.03+24.7% | $-34.59 |
AMBQ Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $259.5M+40.5% | $184.7M-1.1% | $186.7M+109.4% | $89.2M | N/A | $104.3M | N/A | N/A |
| Current Assets | $241.7M+43.9% | $167.9M-2.9% | $173.0M+131.0% | $74.9M | N/A | $89.0M | N/A | N/A |
| Cash & Equivalents | $204.5M+45.8% | $140.3M-4.2% | $146.5M+208.4% | $47.5M | N/A | $61.0M | N/A | N/A |
| Inventory | $23.5M+38.5% | $16.9M+5.0% | $16.1M+2.3% | $15.8M | N/A | $15.0M | N/A | N/A |
| Accounts Receivable | $11.0M+50.6% | $7.3M+4.0% | $7.0M-10.0% | $7.8M | N/A | $10.4M | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $24.4M+9.6% | $22.2M+31.2% | $16.9M-95.7% | $396.5M | N/A | $396.7M | N/A | N/A |
| Current Liabilities | $20.6M+7.7% | $19.2M+44.6% | $13.3M-0.7% | $13.4M | N/A | $11.8M | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $235.2M+44.7% | $162.5M-4.3% | $169.8M+155.2% | -$307.3M-2.5% | -$299.7M-2.5% | -$292.4M-3.0% | -$283.8M-2.6% | -$276.6M |
| Retained Earnings | -$366.9M-2.9% | -$356.7M-3.1% | -$346.0M-2.7% | -$337.0M | N/A | -$320.3M | N/A | N/A |
AMBQ Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$11.2M-171.7% | -$4.1M+18.2% | -$5.0M+57.9% | -$12.0M-950.3% | $1.4M+409.4% | $276K+101.7% | -$16.6M | N/A |
| 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 | -$4.0M-55.0% | -$2.6M-51.9% | -$1.7M+15.7% | -$2.0M-81.5% | -$1.1M+16.9% | -$1.3M-100.4% | -$670K | N/A |
| Financing Cash Flow | $79.4M+16246.5% | $486K-99.5% | $105.7M+391466.7% | $27K-81.8% | $148K-71.0% | $511K-92.2% | $6.5M | N/A |
| 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 |
AMBQ Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.5%+0.8pp | 42.7%+0.5pp | 42.3%+2.1pp | 40.1%-13.2pp | 53.3% | N/A | 32.6%+0.9pp | 31.7% |
| Operating Margin | -46.6%+11.0pp | -57.7%-2.4pp | -55.3%-6.1pp | -49.2%+6.3pp | -55.6% | N/A | -49.8%+4.3pp | -54.1% |
| Net Margin | -40.6%+10.9pp | -51.5%-1.9pp | -49.6%-2.0pp | -47.5%+5.1pp | -52.7% | N/A | -46.6%+5.9pp | -52.5% |
| Return on Equity | -4.3%+2.2pp | -6.6%-1.3pp | -5.3% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -3.9%+1.9pp | -5.8%-1.0pp | -4.8%+4.7pp | -9.5% | N/A | N/A | N/A | N/A |
| Current Ratio | 11.70+2.9 | 8.76-4.3 | 13.04+7.4 | 5.60 | N/A | 7.56 | N/A | N/A |
| Debt-to-Equity | 0.10-0.0 | 0.14+0.0 | 0.10 | N/A | N/A | N/A | N/A | N/A |
| 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 Ambiq Micro's annual revenue?
Ambiq Micro (AMBQ) reported $72.5M in total revenue for fiscal year 2025. This represents a -4.7% 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 Ambiq Micro's revenue growing?
Ambiq Micro (AMBQ) revenue declined by 4.7% year-over-year, from $76.1M to $72.5M in fiscal year 2025.
Is Ambiq Micro profitable?
No, Ambiq Micro (AMBQ) reported a net income of -$36.5M in fiscal year 2025, with a net profit margin of -50.3%.
What is Ambiq Micro's EBITDA?
Ambiq Micro (AMBQ) had EBITDA of -$32.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Ambiq Micro's gross margin?
Ambiq Micro (AMBQ) had a gross margin of 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ambiq Micro's operating margin?
Ambiq Micro (AMBQ) had an operating margin of -54.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ambiq Micro's net profit margin?
Ambiq Micro (AMBQ) had a net profit margin of -50.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ambiq Micro's return on equity (ROE)?
Ambiq Micro (AMBQ) has a return on equity of -22.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ambiq Micro's operating cash flow?
Ambiq Micro (AMBQ) generated -$19.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ambiq Micro's total assets?
Ambiq Micro (AMBQ) had $184.7M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Ambiq Micro spend on research and development?
Ambiq Micro (AMBQ) invested $38.5M in research and development during fiscal year 2025.
What is Ambiq Micro's current ratio?
Ambiq Micro (AMBQ) had a current ratio of 8.76 as of fiscal year 2025, which is generally considered healthy.
What is Ambiq Micro's debt-to-equity ratio?
Ambiq Micro (AMBQ) had a debt-to-equity ratio of 0.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ambiq Micro's return on assets (ROA)?
Ambiq Micro (AMBQ) had a return on assets of -19.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ambiq Micro's cash runway?
Based on fiscal year 2025 data, Ambiq Micro (AMBQ) had $140.3M in cash against an annual operating cash burn of $19.7M. This gives an estimated cash runway of approximately 85 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 Ambiq Micro's Altman Z-Score?
Ambiq Micro (AMBQ) has an Altman Z-Score of 42.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ambiq Micro's Piotroski F-Score?
Ambiq Micro (AMBQ) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Ambiq Micro's earnings high quality?
Ambiq Micro (AMBQ) has an earnings quality ratio of 0.54x, 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 Ambiq Micro?
Ambiq Micro (AMBQ) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.