Ambarella Q2 revenue rises to $108.1 million

Ambarella posts higher revenue and positive non-GAAP earnings in Q2 FY2027 while remaining loss-making on a GAAP basis.

Rhea-AI Filing Summary

Ambarella, Inc. (AMBA) reported results for the second quarter of fiscal 2027 (quarter ended July 31, 2026), with revenue of $108.1 million compared with $95.5 million a year earlier and GAAP net loss of $6.7 million versus $20.0 million.

On a non-GAAP basis, Ambarella reported net income of $8.2 million, up from $6.4 million in the prior-year quarter, reflecting adjustments for $22.7 million of stock-based compensation, $1.2 million of acquisition-related costs and a $9.0 million development project termination credit. Total cash, cash equivalents and marketable debt securities were $272.3 million at quarter end. Management highlighted record edge AI revenue, growth in Auto and IoT markets, and new strategic initiatives including the X7 AI accelerator and multi-year channel agreements with Macnica and CapGemini.

Positive

• Revenue grew to $108.1 million from $95.5 million in the prior-year quarter, indicating solid top-line expansion.
• The company delivered non-GAAP net income of $8.2 million, up from $6.4 million a year ago, moving results into profitability on an adjusted basis.
• Ambarella ended the quarter with $272.3 million in cash, cash equivalents and marketable debt securities, providing a substantial liquidity buffer.

Negative

• Ambarella remains unprofitable on a GAAP basis, with a net loss of $6.7 million in the quarter despite improvement from $20.0 million a year earlier.
• Stock-based compensation was $22.7 million in the quarter, a significant expense component relative to GAAP results.

Filing Explained

The September 3 release is preliminary and adds component-level balance-sheet information beyond the previously reported total liquidity.

Under the Form 8-K framework, Ambarella reported its second-quarter fiscal 2027 results and attached the September 3 press release for the period ended July 31, 2026.

The release is an unaudited preliminary snapshot; it updates the company’s reported liquidity and balance-sheet composition for existing common holders. At July 31, cash and cash equivalents were $101,850 thousand, marketable debt securities were $170,482 thousand, total liabilities were $159,889 thousand, and shareholders’ equity was $620,316 thousand.

The release also shows non-GAAP diluted weighted-average shares of 44,515,009 versus GAAP diluted weighted-average shares of 44,005,576 for the quarter; these are per-share calculation bases, not a disclosed count of newly issued shares.

Compared with January 31, 2026, cash and cash equivalents were $101,850 thousand versus $191,019 thousand, while marketable debt securities were $170,482 thousand versus $121,552 thousand and total liabilities were $159,889 thousand versus $203,811 thousand.

The stated resolution point is the company’s second-quarter Form 10-Q, because the filing says the reported results could differ from this preliminary release.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Q2 FY2027 Revenue: $108.1 million Q2 FY2026 Revenue: $95.5 million Q2 FY2027 GAAP Net Loss: $6.7 million +5 more

8 metrics

Q2 FY2027 Revenue $108.1 million Three months ended July 31, 2026

Q2 FY2026 Revenue $95.5 million Three months ended July 31, 2025 comparative period

Q2 FY2027 GAAP Net Loss $6.7 million Three months ended July 31, 2026

Q2 FY2027 Non-GAAP Net Income $8.2 million Three months ended July 31, 2026

Total cash, cash equivalents and marketable debt securities $272.3 million End of Q2 FY2027

Stock-based compensation expense $22.7 million Three months ended July 31, 2026

Total assets $780.2 million Balance sheet as of July 31, 2026

Weighted-average diluted shares 44,005,576 shares Three months ended July 31, 2026, GAAP basis

Key Terms

non-GAAP, stock-based compensation, development project termination credit, serviceable market ("SAM"), +1 more

5 terms

non-GAAP financial

"Ambarella reports gross margin, net income (loss) and earnings (losses) per share in accordance with GAAP and, additionally, on a non-GAAP basis"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

stock-based compensation financial

"Non-GAAP financial information excludes the impact of stock-based compensation and acquisition-related costs"

Stock-based compensation is when a company pays employees, directors or consultants with shares or the right to buy shares instead of or in addition to cash. It matters to investors because issuing stock or options spreads ownership thinner (like cutting a pie into more slices), which can reduce each existing share’s claim on profits and can also change reported earnings; investors watch it to assess true cost of running the business and how management is incentivized.

development project termination credit financial

"we recognized a one-time $9.0 million reduction in our GAAP research and development expense on release of a deposit liability following the termination of a development project"

serviceable market ("SAM") financial

"These developments are contributing to an increase in our 5-year serviceable market (“SAM”) forecast for edge AI and Physical AI"

edge AI technical

"Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced second quarter fiscal 2027 financial results"

Edge AI refers to artificial intelligence systems that process data directly on local devices or nearby servers rather than sending information to distant data centers. This allows for faster decision-making and real-time responses, similar to how a home security camera can instantly detect motion without needing to connect to a remote server. For investors, edge AI represents a growing trend toward more efficient, responsive technology that can create new opportunities across various industries.

Earnings Snapshot

Revenue: $108.1 million · Guidance included

Second quarter of fiscal year 2027, three months ended July 31, 2026

Revenue $108.1 million Up from $95.5 million in the three months ended July 31, 2025

GAAP net loss $6.7 million Improved from a $20.0 million net loss in the prior-year quarter

Non-GAAP net income $8.2 million Increased from $6.4 million in the prior-year quarter

Total cash, cash equivalents and marketable debt securities $272.3 million Compared with $277.8 million at the end of the prior quarter and $261.2 million a year ago

Guidance

The company provided guidance for the third quarter of fiscal 2027 and stated that reconciliations of certain non-GAAP guidance metrics to GAAP are not available without unreasonable efforts due to variability of excluded charges.

FAQ

How did Ambarella (AMBA) perform financially in Q2 fiscal 2027?

For Q2 FY2027, Ambarella reported revenue of $108.1 million and a GAAP net loss of $6.7 million, compared with revenue of $95.5 million and a net loss of $20.0 million in the same quarter of the prior year.

What were Ambarella’s non-GAAP results for Q2 fiscal 2027?

Ambarella reported non-GAAP net income of $8.2 million for Q2 FY2027, up from $6.4 million a year earlier, after adjusting for stock-based compensation, acquisition-related costs and a $9.0 million development project termination credit.

What is Ambarella’s cash and liquidity position after Q2 fiscal 2027?

At the end of Q2 FY2027, Ambarella held $272.3 million in total cash, cash equivalents and marketable debt securities, compared with $277.8 million at the end of the prior quarter and $261.2 million a year earlier.

How did Ambarella’s margins and operating results trend in Q2 fiscal 2027?

Q2 FY2027 gross profit was $62.4 million on revenue of $108.1 million, and the company recorded a loss from operations of $8.1 million, improving from a $22.0 million operating loss in the prior-year quarter.

What guidance did Ambarella give for Q3 fiscal 2027?

Ambarella provided guidance for the third quarter of fiscal 2027 ending October 31, 2026, and stated it would not reconcile certain non-GAAP guidance metrics to GAAP due to high variability and low visibility of excluded charges.

What strategic developments did Ambarella highlight in this 8-K filing?

Ambarella highlighted record edge AI revenue, growth in Auto and IoT markets, introduction of its X7 stand-alone AI accelerator, and execution of 7-year agreements to develop indirect sales channels with Macnica and CapGemini.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 04:28 PM Accepted by SEC EDGAR 09/03/2026 - 04:19 PM Learn about SEC filing dates

AMBARELLA INC false 0001280263 0001280263 2026-09-03 2026-09-03

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

September 3, 2026

Date of Report (date of earliest event reported)

AMBARELLA, INC.

(Exact name of Registrant as specified in its charter)

Cayman Islands		001-35667		98-0459628
(State or other jurisdiction of incorporation)		(Commission File Number)		(I. R. S. Employer Identification No.)

3001 Tasman Drive

Santa Clara, CA 95054

(Address of principal executive offices)

Registrant’s telephone number, including area code: (408) 734-8888

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Ordinary Shares, $0.00045 par value		AMBA		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On September 3, 2026, Ambarella, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter of fiscal year 2027 ended July 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein.

The information in Item 2.02 of this current report on Form 8-K and the exhibits attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1		Press Release dated September 3, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 3, 2026						Ambarella, Inc.
						/s/ John A. Young
						Chief Financial Officer

Exhibit 99.1

Ambarella, Inc. Announces Second Quarter Fiscal Year 2027 Financial Results

September 3, 2026 —Santa Clara, Calif. – Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced second quarter fiscal 2027 financial results for the period ended July 31, 2026.

• Revenue for the second quarter of fiscal 2027 was $108.1 million, up 13.2% from $95.5 million in the same period in fiscal 2026. For the six months ended July 31, 2026, revenue was $208.5 million, up 14.9% from $181.4 million for the six months ended July 31, 2025.

• Gross margin under U.S. generally accepted accounting principles (GAAP) for the second quarter of fiscal 2027 was 57.7%, compared with 58.9% for the same period in fiscal 2026. For the six months ended July 31, 2026, GAAP gross margin was 58.0%, compared with 59.4% for the six months ended July 31, 2025.

• GAAP net loss for the second quarter of fiscal 2027 was $6.7 million, or loss per diluted ordinary share of $0.15, compared with a GAAP net loss of $20.0 million, or loss per diluted ordinary share of $0.47, for the same period in fiscal 2026. GAAP net loss for the six months ended July 31, 2026 was $24.8 million or loss per diluted ordinary share of $0.57. This compares with GAAP net loss of $44.3 million, or loss per diluted ordinary share of $1.05, for the six months ended July 31, 2025.

Financial results on a non-GAAP basis for the second quarter of fiscal 2027 are as follows:

• Gross margin on a non-GAAP basis for the second quarter of fiscal 2027 was 59.3%, compared with 60.5% for the same period in fiscal 2026. For the six months ended July 31, 2026, non-GAAP gross margin was 59.6%, compared with 61.2% for the six months ended July 31, 2025.

• Non-GAAP net income for the second quarter of fiscal 2027 was $8.2 million, or earnings per diluted ordinary share of $0.18. This compares with non-GAAP net income of $6.4 million, or earnings per diluted ordinary share of $0.15, for the same period in fiscal 2026. Non-GAAP net income for the six months ended July 31, 2026 was $13.3 million, or earnings per diluted ordinary share of $0.30. This compares with non-GAAP net income of $9.5 million, or earnings per diluted ordinary share of $0.22, for the six months ended July 31, 2025.

Based on information available as of today, Ambarella is offering the following guidance for the third quarter of fiscal year 2027, ending October 31, 2026:

• Revenue is expected to be between $115.0 million and $124.0 million.

• Gross margin on a non-GAAP basis is expected to be between 59.0% and 60.0%.

• Non-GAAP operating expenses are expected to be between $56.5 million and $59.5 million.

Ambarella reports gross margin, net income (loss) and earnings (losses) per share in accordance with GAAP and, additionally, on a non-GAAP basis. Non-GAAP financial information excludes the impact of stock-based compensation and acquisition-related costs adjusted for the associated tax impact, which includes the effect of any benefits or shortfalls recognized. In addition, in our second quarter of fiscal 2027, we recognized a one-time $9.0 million reduction in our GAAP research and development expense on release of a deposit liability following the termination of a development project. Given the nature of this credit and that it is non-recurring, we excluded it from operating expenses for the purpose of reporting non-GAAP financial results. A reconciliation of the GAAP to non-GAAP gross margin, net income (loss) and earnings (losses) per share for the periods presented, as well as a description of the items excluded from the non-GAAP calculations, is included in the financial statements portion of this press release.

Total cash, cash equivalents and marketable debt securities on hand at the end of the second quarter of fiscal 2027 was $272.3 million, compared with $277.8 million at the end of the prior quarter and $261.2 million at the end of the same quarter a year ago.

“Our edge AI revenue reached record levels in Q2, with balanced sequential growth in Auto and IoT markets with very strong growth from our 5nm CV75 and CV72 AI SoCs. We are making significant progress with our strategic priorities to extend our market reach with new higher value products and the implementation of new go-to-market strategies. These include the introduction of our first stand-alone AI Accelerator, X7, and the execution of 7-year agreements to develop the indirect sales channel with both Macnica, a leading global technical distributor, and CapGemini, a leading global engineering and systems integration firm,” said Fermi Wang, President & CEO. “These developments are contributing to an increase in our 5-year serviceable market (“SAM”) forecast for edge AI and Physical AI.”

Quarterly Conference Call

Ambarella plans to hold a conference call at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time today with Fermi Wang, President and Chief Executive Officer, and John Young, Chief Financial Officer, to discuss the second quarter of fiscal year 2027 results. A live and archived webcast of the call will be available on Ambarella’s website at http://www.ambarella.com/ for up to 30 days after the call.

About Ambarella

With an installed base of more than 50 million AI SoC units, Ambarella’s products are utilized in a wide variety of physical edge AI applications, spanning edge endpoint and edge infrastructure use cases including physical security, vehicle safety, telematics, autonomy, portable video, aerial drones, and other emerging robotic applications. Building on this footprint, Ambarella offers a full-stack edge AI platform, from highly optimized silicon and programmable software to AI agentic frameworks that coordinate perception, decision-making and control across devices. Ambarella’s low-power systems-on-chip (SoCs) integrate proprietary and highly efficient perception and deep learning neural network AI accelerators, enabling electronic systems to become more productive with partial or complete levels of machine autonomy. For more information, please visit www.ambarella.com.

“Safe harbor” statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are not historical facts and often can be identified by terms such as “outlook,” “projected,” “intends,” “will,” “estimates,” “anticipates,” “expects,” “believes,” “could,” “should,” or similar expressions, including the guidance for the third quarter of fiscal year 2027 ending October 31, 2026, and the comments of our CEO relating to demand for edge AI solutions, our progress with strategic priorities to extend our market reach, our ability to successfully build an indirect sales channel, the forecasted size of our serviceable market (“SAM”), and our ability to successfully penetrate the edge AI and Physical AI markets. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. Our actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of our future performance.

The risks and uncertainties referred to above include, but are not limited to, global economic and political conditions; changes in government policies, including possible trade tariffs and restrictions; revenue being generated from new customers or design wins, neither of which is assured; the commercial success of our customers’ products; our customers’ ability to manage their inventory requirements; our growth strategy; our ability to anticipate future market demands and future needs of our customers, particularly for AI inference applications; our ability to introduce, and to generate revenue from, new and enhanced solutions; our ability to develop, and to generate revenue from, new advanced technologies, such as AI functionality and advanced networks, including vision-language models and GenAI; our ability to retain and expand customer relationships and to achieve design wins; the expansion of our current markets and our ability to successfully enter new markets and applications, such as edge infrastructure; anticipated trends and challenges, including competition, in the markets in which we operate; risks associated with global health conditions and associated risk mitigation measures; our ability to effectively manage growth; our ability to retain key employees; and the potential for intellectual property disputes or other litigation.

Further information on these and other factors that could affect our financial results is included in the company’s Annual Report on Form 10-K for our 2026 fiscal year, which is on file with the Securities and Exchange Commission. Additional information will also be set forth in the company’s quarterly reports on Form 10-Q, annual reports on Form 10-K and other filings the company makes with the Securities and Exchange Commission from time to time, copies of which may be obtained by visiting the Investor Relations portion of our web site at www.ambarella.com or the SEC’s web site at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. The results we report in our Quarterly Report on Form 10-Q for the second quarter of fiscal 2027 ended July 31, 2026 could differ from the preliminary results announced in this press release.

Ambarella assumes no obligation and does not intend to update the forward-looking statements made in this press release, except as required by law.

Non-GAAP Financial Measures

The company has provided in this release non-GAAP financial information, including non-GAAP gross margin, net income (loss), and earnings (losses) per share, as a supplement to the condensed consolidated financial statements, which are prepared in accordance with generally accepted accounting principles (“GAAP”). Management uses these non-GAAP financial measures internally in analyzing the company’s financial results to assess operational performance and liquidity. The company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance and when planning, forecasting and analyzing future periods. Further, the company believes these non-GAAP financial measures are useful to investors because they allow for greater transparency with respect to key financial metrics that the company uses in making operating decisions and because the company believes that investors and analysts use them to help assess the health of its business and for comparison to other companies. Non-GAAP results are presented for supplemental informational purposes only for understanding the company’s operating results. The non-GAAP information should not be considered a substitute for financial information presented in accordance with GAAP and may be different from non-GAAP measures used by other companies.

With respect to its financial results for the second quarter of fiscal year 2027, the company has provided below reconciliations of its non-GAAP financial measures to its most directly comparable GAAP financial measures. With respect to the company’s expectations for the third quarter of fiscal year 2027, a reconciliation of non-GAAP gross margin and non-GAAP operating expenses guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability and low visibility with respect to the charges excluded from these non-GAAP measures. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results.

AMBARELLA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share data)

(unaudited)

		Three Months Ended July 31,								Six Months Ended July 31,
		2026				2025				2026				2025
Revenue		$	108,125			$	95,511			$	208,482			$	181,383
Cost of revenue			45,709				39,280				87,477				73,616
Gross profit			62,416				56,231				121,005				107,767
Operating expenses:
Research and development			50,581				59,734				108,721				118,553
Selling, general and administrative			19,978				18,486				39,843				37,061
Total operating expenses			70,559				78,220				148,564				155,614
Loss from operations			(8,143	)			(21,989	)			(27,559	)			(47,847	)
Other income, net			1,806				2,247				3,889				4,422
Loss before income taxes			(6,337	)			(19,742	)			(23,670	)			(43,425	)
Provision for income taxes			352				253				1,112				898
Net loss		$	(6,689	)		$	(19,995	)		$	(24,782	)		$	(44,323	)
Net loss per share attributable to ordinary shareholders:
Basic		$	(0.15	)		$	(0.47	)		$	(0.57	)		$	(1.05	)
Diluted		$	(0.15	)		$	(0.47	)		$	(0.57	)		$	(1.05	)
Weighted-average shares used to compute net loss per share attributable to ordinary shareholders:
Basic			44,005,576				42,546,979				43,805,429				42,383,475
Diluted			44,005,576				42,546,979				43,805,429				42,383,475

The following tables present details of stock-based compensation, acquisition-related costs and development project termination credit, included in each functional line item in the condensed consolidated statements of operations above:

		Three Months Ended July 31,								Six Months Ended July 31,
		2026				2025				2026				2025
		(unaudited, in thousands)
Stock-based compensation:
Cost of revenue		$	951			$	780			$	1,734			$	1,731
Research and development			14,007				16,972				27,721				34,557
Selling, general and administrative			7,742				7,436				15,138				15,030
Total stock-based compensation		$	22,700			$	25,188			$	44,593			$	51,318
		Three Months Ended July 31,								Six Months Ended July 31,
		2026				2025				2026				2025
		(unaudited, in thousands)
Acquisition-related costs:
Cost of revenue		$	757			$	757			$	1,514			$	1,514
Research and development			—				—				—				—
Selling, general and administrative			456				456				912				912
Total acquisition-related costs		$	1,213			$	1,213			$	2,426			$	2,426
		Three Months Ended July 31,								Six Months Ended July 31,
		2026				2025				2026				2025
		(unaudited, in thousands)
Development project termination credit:
Cost of revenue		$	—			$	—			$	—			$	—
Research and development			(9,000	)			—				(9,000	)			—
Selling, general and administrative			—				—				—				—
Total development project termination credit		$	(9,000	)		$	—			$	(9,000	)		$	—

The difference between GAAP and non-GAAP gross margin was 1.6% and 1.6%, or $1.7 million and $1.5 million, for the three months ended July 31, 2026 and 2025, respectively. The difference between GAAP and non-GAAP gross margin was 1.6% and 1.8%, or $3.2 million and $3.2 million, for the six months ended July 31, 2026 and 2025, respectively. The differences were due to the effect of stock-based compensation and acquisition-related costs.

AMBARELLA, INC.

RECONCILIATION OF GAAP TO NON-GAAP DILUTED EARNINGS (LOSSES) PER SHARE

(in thousands, except share and per share data)

		Three Months Ended July 31,								Six Months Ended July 31,
		2026				2025				2026				2025
						(unaudited)
GAAP net loss		$	(6,689	)		$	(19,995	)		$	(24,782	)		$	(44,323	)
Non-GAAP adjustments:
Stock-based compensation expense			22,700				25,188				44,593				51,318
Acquisition-related costs			1,213				1,213				2,426				2,426
Development project termination credit			(9,000	)			—				(9,000	)			—
Income tax effect			9				22				29				36
Non-GAAP net income		$	8,233			$	6,428			$	13,266			$	9,457
GAAP - diluted weighted average shares			44,005,576				42,546,979				43,805,429				42,383,475
Non-GAAP - diluted weighted average shares			44,515,009				42,946,324				44,207,416				42,698,780
GAAP - diluted net loss per share		$	(0.15	)		$	(0.47	)		$	(0.57	)		$	(1.05	)
Non-GAAP adjustments:
Stock-based compensation expense			0.52				0.59				1.02				1.21
Acquisition-related costs			0.03				0.03				0.06				0.06
Development project termination credit			(0.20	)			—				(0.21	)			—
Income tax effect			—				—				—				—
Effect of Non-GAAP - diluted weighted average shares			(0.02	)			—				—				—
Non-GAAP - diluted net income per share		$	0.18			$	0.15			$	0.30			$	0.22

AMBARELLA, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited, in thousands)

		July 31, 2026				January 31, 2026
ASSETS
Current assets:
Cash and cash equivalents		$	101,850			$	191,019
Marketable debt securities			170,482				121,552
Accounts receivable, net			37,440				39,180
Inventories			76,923				52,246
Restricted cash			442				442
Prepaid expenses and other current assets			6,885				5,836
Total current assets			394,022				410,275
Property and equipment, net			12,061				11,553
Intangible assets, net			56,672				58,046
Operating lease right-of-use assets, net			10,923				12,118
Goodwill			303,625				303,625
Other non-current assets			2,902				2,983
Total assets		$	780,205			$	798,600
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable			26,478				54,029
Accrued and other current liabilities			86,490				97,964
Operating lease liabilities, current			2,229				2,027
Income taxes payable			2,309				1,531
Deferred revenue, current			20,865				22,393
Total current liabilities			138,371				177,944
Operating lease liabilities, non-current			10,413				11,408
Other long-term liabilities			11,105				14,459
Total liabilities			159,889				203,811
Shareholders’ equity:
Preference shares			—				—
Ordinary shares			20				19
Additional paid-in capital			973,864				922,119
Accumulated other comprehensive income (loss)			(864	)			573
Accumulated deficit			(352,704	)			(327,922	)
Total shareholders’ equity			620,316				594,789
Total liabilities and shareholders’ equity		$	780,205			$	798,600

Contact:

Louis Gerhardy

408.636.2310

lgerhardy@ambarella.com

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 126.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 10.6 KB