Ambarella, Inc. Announces Second Quarter Fiscal Year 2027 Financial Results
Ambarella posted Q2 FY2027 revenue of $108.1 million, up 13.2% year-over-year from $95.5 million, with edge AI revenue reaching record levels on balanced sequential growth in Auto and IoT. GAAP net loss narrowed to $6.7 million, or $0.15 per diluted share, from a $20.0 million loss ($0.47) a year ago; non-GAAP EPS rose to $0.18 from $0.15. Note the quarter included a one-time $9.0 million reduction in GAAP R&D expense tied to a terminated development project. Q3 FY2027 guidance calls for revenue of $115.0-$124.0 million with non-GAAP gross margin of 59.0%-60.0% and non-GAAP opex of $56.5-$59.5 million, implying roughly 10% sequential growth at the revenue midpoint.
Key figures
- Revenue
- 108125000
- Guidance
- Q3 FY2027 revenue $115.0M-$124.0M; non-GAAP gross margin 59.0%-60.0%; non-GAAP operating expenses $56.5M-$59.5M
- Revenue Yoy
- 13.2%
- Gross profit
- 62416000
- Non gaap eps
- 0.18
- Gaap gross margin
- 57.7%
- Six month revenue
- 208482000
- Non gaap net income
- 8233000
- Non gaap gross margin
- 59.3%
- Six month revenue yoy
- 14.9%
- One time r and d credit
- 9000000
- Cash and marketable securities
- 272300000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.