Ambarella Q2 Beats on Record Edge AI Sales, Guides Q3 Revenue to $115M-$124M
AMBA sits 32% above its 52-week low of $48.3.
Summary
Ambarella reported Q2 FY27 revenue of $108.1M, up 13.2% YoY, with non-GAAP EPS of $0.18 beating year-ago results. Q3 guidance of $115M-$124M revenue signals continued momentum in edge AI.
Key Events · Earnings and Guidance · AMBA
-
Q2 Revenue Beats on Record Edge AI
Revenue of $108.1M, up 13.2% YoY, driven by record edge AI sales with strong growth from 5nm CV75 and CV72 AI SoCs.
-
Non-GAAP EPS Improves to $0.18
Non-GAAP net income of $8.2M ($0.18/share) vs $6.4M ($0.15/share) year-ago; GAAP net loss narrowed to $6.7M from $20.0M.
-
Q3 Guidance Implies Continued Growth
Q3 FY27 revenue guided to $115.0M-$124.0M, non-GAAP gross margin 59.0%-60.0%, non-GAAP opex $56.5M-$59.5M.
-
One-Time $9.0M R&D Credit
GAAP results included a $9.0M reduction in R&D expense from release of a deposit liability after terminating a development project; excluded from non-GAAP.
Analysis · AMBA · Manufacturing
Ambarella delivered a solid quarter with revenue up 13.2% year-over-year to $108.1M, driven by record edge AI sales. Non-GAAP EPS of $0.18 beat the year-ago $0.15, and Q3 guidance of $115M-$124M implies continued double-digit growth. The company also disclosed a one-time $9.0M R&D credit from terminating a development project, which flattered GAAP results but was excluded from non-GAAP figures. Against the backdrop of reported buyout talks with NXP Semiconductors, these results reinforce the company's standalone value while also providing a stronger negotiating position.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1753 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AMBA was trading at $63.83 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.8B. The 52-week trading range was $48.30 to $96.69. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.