Ambarella, Inc. (AMBA) Q2 FY2027 earnings

Reported results

• Q2 FY2027 revenue was $108.1 million, up 13.2% from $95.5 million in Q2 FY2026; six-month revenue was $208.5 million, up 14.9% from $181.4 million
• GAAP gross margin for Q2 FY2027 was 57.7%, compared with 58.9% in Q2 FY2026; six-month GAAP gross margin was 58.0% versus 59.4%
• GAAP net loss for Q2 FY2027 was $6.7 million, or loss per diluted share of $0.15, versus GAAP net loss of $20.0 million, or loss per diluted share of $0.47, in Q2 FY2026
• Non-GAAP gross margin for Q2 FY2027 was 59.3%, compared with 60.5% in Q2 FY2026; six-month non-GAAP gross margin was 59.6% versus 61.2%
• Non-GAAP net income for Q2 FY2027 was $8.2 million, or earnings per diluted share of $0.18, versus non-GAAP net income of $6.4 million, or earnings per diluted share of $0.15, in Q2 FY2026
• Cash, cash equivalents and marketable debt securities totaled $272.3 million at end of Q2 FY2027, compared with $277.8 million at end of prior quarter

Guidance

• Q3 FY2027 revenue expected between $115.0 million and $124.0 million
• Q3 FY2027 non-GAAP gross margin expected between 59.0% and 60.0%
• Q3 FY2027 non-GAAP operating expenses expected between $56.5 million and $59.5 million

Notes

In Q2 FY2027, company recognized a one-time $9.0 million reduction in GAAP research and development expense on release of a deposit liability following termination of a development project; this was excluded from non-GAAP operating expenses as a non-recurring item.

Price and volatility reaction

The stock moved -0.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -0.6 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-03 (8-K, Item 2.02). Read the original filing on sec.gov.