Ambarella FY27 Q2 net loss narrows to $6.69 million; revenue rises 13.2% to $108.13 million year over year
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AMBA• Capital return program
- The board authorized a $50 million share repurchase program running July 1, 2026 to June 30, 2027; no shares were repurchased in the quarter.
Quarterly results and margin changes
- Ambarella posted revenue of $108.13 million for the quarter ended July 31, 2026, up 13.2% year over year.
- Net loss narrowed to $6.69 million, from $20 million a year earlier; operating loss improved to $8.14 million from $21.99 million.
- Gross margin slipped 1.2 percentage points to 57.7% due to higher manufacturing costs tied to advanced process technologies.
- Research and development costs fell 15.3% to $50.58 million on a $9 million deposit-liability release tied to a terminated project.
