Ambarella's FY2026 Revenue Jumps 37% to $390.7M, Non-GAAP Profit $26.9M
Ambarella's FY2026 revenue rose 37.2% to $390.7M, with FQ4 revenue up 20.1% to $100.9M and non-GAAP net profit of $26.9M versus a $6.8M loss a year earlier. Edge AI SoCs comprised 80% of sales, and management forecasts FY2027 revenue growth of 10–15% with FQ1 revenue of $97–103M.
1. Record FY2026 Financial Results
Ambarella closed FY2026 with record revenue of $390.7 million, a 37.2% increase over FY2025, and delivered $100.9 million revenue in FQ4, up 20.1% year-over-year. The company swung to a non-GAAP net profit of $26.9 million from a $6.8 million loss in the prior year while reporting a GAAP net loss of $75.9 million.
2. Segment Performance
Edge AI SoCs drove 80% of total sales, supported by a portfolio of 12 AI SoCs and over 370 customer projects in production. The business reached approximately $1 billion in cumulative Edge AI revenue, underscoring strong market adoption of its deep learning accelerators.
3. FY2027 Guidance
For FQ1 2027, management expects revenue between $97 million and $103 million, non-GAAP gross margin of 59%–60.5%, and non-GAAP operating expenses of $55 million–$58 million. Looking ahead, the company forecasts full-year FY2027 revenue growth of 10%–15% as it expands AI applications.
4. Business Expansion Initiatives
To diversify its revenue streams, Ambarella is extending its offerings to include semi-custom and custom ASIC solutions and is developing an indirect sales channel. These initiatives aim to deepen customer engagement and capture additional market segments.