Ambarella Q4 Revenue Surges 20.1% to $100.9M, EPS Beats with 13¢
Ambarella’s Q4 revenue rose 20.1% to $100.9M and adjusted EPS topped estimates at $0.13, while gross margin slid to 59.8% from 62.0%. Fiscal year revenue jumped 37.2% to $390.7M, and management forecast 10%–15% growth in FY2027 with Q1 sales of $97M–$103M.
1. Q4 Earnings Beat Estimates
Ambarella posted Q4 revenue of $100.9M, up 20.1% year-over-year, surpassing the $100.2M consensus. Adjusted EPS reached $0.13 versus $0.10 expected, while gross margin declined to 59.8% from 62.0%. The company held $312.6M in cash and securities and had $48.0M repurchase capacity unused.
2. Fiscal Year 2026 Highlights
For fiscal year ended January 31, 2026, revenue increased 37.2% to $390.7M from $284.9M, while adjusted gross margin fell to 60.7% from 62.7% a year earlier. Edge AI SoCs accounted for 80% of revenue, supported by a portfolio of 12 AI chips and over 370 customer projects in production.
3. Outlook and Guidance
The company projects FY2027 revenue growth of 10%–15%, with Q1 sales guidance of $97M–$103M and adjusted gross margin between 59.0% and 60.5%. Management plans to expand its indirect sales channel, enhance the Cooper Development Platform and pursue semi-custom ASIC opportunities to bolster edge AI leadership.