Ambarella Posts 37% Revenue Gain to $390.7M, Guides Q1 Revenue to $97–103M
Ambarella reported fiscal 2026 revenue of $390.7M (+37.2%), 60.7% non-GAAP gross margin and $58M free cash flow. Management highlighted CV72/CV25 SoC design wins across security, video conferencing and automotive, guided fiscal Q1 revenue to $97–103M, cited a $13B automotive pipeline and extended its $48M share repurchase.
1. Fiscal 2026 Financial Results
Ambarella’s fiscal 2026 revenue rose 37.2% year-over-year to $390.7 million, with a non-GAAP gross margin of 60.7% and $58 million of free cash flow. The company closed the year with $312.6 million in cash and marketable securities.
2. Broad SoC Design Wins
Management detailed multiple design wins on its CV72 and CV25 edge AI SoCs, including security cameras from IDIS, Dallmeier and IQSIGHT, Insta360 and QSC video conferencing products, and in-car systems from Ford, Thinkware and Garmin. These wins underscore the platform’s programmability across enterprise security, video conferencing and automotive applications.
3. Fiscal Q1 2027 Guidance and Capital Return
For the first quarter of fiscal 2027, Ambarella guided revenue of $97 million to $103 million, reiterated an automotive opportunity pipeline valued at approximately $13 billion through 2032, and extended its share repurchase program with about $48 million remaining.
4. Long-Term Market Opportunities
Looking ahead, the company sees growth drivers in robotics—highlighting its first production revenue from aerial drones—and edge infrastructure use cases, while continuing to develop SoCs on 5-nanometer to 2-nanometer process nodes to address long-term AI opportunity segments.