StockDriftsAMBARELLA INC · AMBA · 8-K · Filed
Reports Q2 FY2027 revenue up 13.2%, provides Q3 FY2027 revenue guidance
Source: SEC EDGAR, accession 0001193125-26-381923 · Items 2.02, 9.01
What did AMBARELLA INC announce?
Ambarella announced Q2 FY2027 financial results, with revenue up 13.2% year-over-year, and issued guidance for Q3 FY2027 revenue.
Ambarella, Inc. reported its financial results for the second quarter of fiscal year 2027, which ended on July 31, 2026. The company’s revenue for the quarter was $108.1 million, marking a 13.2% increase compared to the $95.5 million reported in the second quarter of fiscal year 2026.
Despite the revenue growth, the GAAP gross margin for the quarter decreased to 57.7% from 58.9% in the comparable period of the prior fiscal year. The company's GAAP diluted net loss per ordinary share improved significantly, coming in at $0.15 for the second quarter of fiscal 2027, compared to a net loss of $0.47 in the second quarter of fiscal 2026. This improvement in net loss occurred even with a slight increase in weighted average diluted shares outstanding to 44.0 million from 42.5 million.
Looking ahead, Ambarella provided guidance for the third quarter of fiscal year 2027, expecting revenue to fall between $115.0 million and $124.0 million. The company noted that this guidance is based on information available as of September 3, 2026. Ambarella also highlighted record edge AI revenue in Q2, with growth in both automotive and IoT markets driven by its 5nm CV75 and CV72 AI SoCs.
Key details
- Revenue for Q2 FY2027 was $108.1 million, up from $95.5 million in Q2 FY2026.
- GAAP gross margin for Q2 FY2027 was 57.7%, down from 58.9% in Q2 FY2026.
- GAAP diluted net loss per ordinary share was $0.15 for Q2 FY2027, compared to a net loss of $0.47 in Q2 FY2026.
- The company expects Q3 FY2027 revenue to be between $115.0 million and $124.0 million.
Reported results
| Measure | Reported |
|---|---|
| Period | Q2 FY2027 |
| Revenue | $108.1M |
| Revenue, year ago | $95.50M |
| Revenue growth, YoY | +13.2% |
| Gross margin | 57.7% |
| Diluted EPS | $-0.15 |
| Reporting currency | USD |
Figures as reported by AMBARELLA INC in this filing, in USD. Year-over-year growth is calculated from the two revenue lines above.
Guidance
Revenue expected to be between $115.0 million and $124.0 million for Q3 FY2027.
Why it matters
This 8-K reports a results announcement at AMBARELLA INC. The likely share-price reaction reads as neutral.