Ambarella Inc income statement
In fiscal 2026, Ambarella Inc reported revenue of $391m, up 37.2% on the year before, operating income of −$82.5m (a -21.1% margin) and net income of −$75.9m, or −$1.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Jan 2011 | 2012Jan 2012 | 2013Jan 2013 | 2014Jan 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Jan 2017 | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 95 | 97 | 121 | 158 | 218 | 316 | 310 | 295 | 228 | 229 | 223 | 332 | 338 | 226 | 285 | 391 | 418 |
| Cost of revenue | 35 | 32 | 40 | 58 | 79 | 111 | 105 | 108 | 90 | 96 | 87 | 124 | 129 | 90 | 113 | 159 | 173 |
| Gross profit | 60 | 65 | 81 | 100 | 139 | 205 | 205 | 188 | 138 | 133 | 136 | 208 | 209 | 137 | 172 | 231 | 245 |
| Research and development | 34 | 38 | 43 | 49 | 58 | 83 | 101 | 116 | 128 | 130 | 141 | 167 | 205 | 215 | 226 | 239 | 229 |
| Selling, general and administrative | 10 | 16 | 18 | 23 | 29 | 38 | 43 | 48 | 50 | 53 | 56 | 70 | 78 | 76 | 73 | 75 | 78 |
| Operating income | 15 | 11 | 20 | 28 | 52 | 85 | 60 | 24 | −40 | −50 | −61 | −30 | −74 | −155 | −127 | −83 | −62 |
| Income before tax | 15 | 11 | 20 | 28 | 52 | 85 | 61 | 26 | −35 | −42 | −57 | −29 | −71 | −149 | −118 | −74 | −54 |
| Income tax | 2 | 1 | 2 | 2 | 1 | 9 | 3 | 7 | −4 | 3 | 2 | −2 | −6 | 21 | −1 | 2 | 2 |
| Net income | 14 | 10 | 18 | 26 | 51 | 77 | 58 | 19 | −30 | −45 | −60 | −26 | −65 | −169 | −117 | −76 | −56 |
| Diluted EPS | $0.25 | $0.15 | $0.30 | $0.85 | $1.57 | $2.27 | $1.68 | $0.55 | −$0.93 | −$1.35 | −$1.72 | −$0.72 | −$1.70 | −$4.25 | −$2.84 | −$1.78 | −$1.30 |
| Diluted shares (average) | 18m | 19m | 30m | 30m | 32m | 34m | 34m | 35m | 33m | 33m | 35m | 37m | 38m | 40m | 41m | 43m | 43m |
| EBITDA | 16 | 12 | 21 | 29 | 53 | 86 | 62 | 29 | −33 | −38 | −49 | −16 | −54 | −130 | −101 | −57 | −48 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 84 | 86 | 96 | 108 | 101 | 100 | 108 |
| Cost of revenue | 33 | 34 | 34 | 39 | 44 | 42 | 42 | 46 |
| Gross profit | 50 | 50 | 52 | 56 | 65 | 59 | 59 | 62 |
| Research and development | 58 | 57 | 59 | 60 | 61 | 59 | 58 | 51 |
| Selling, general and administrative | 17 | 19 | 19 | 18 | 19 | 19 | 20 | 20 |
| Operating income | −26 | −25 | −26 | −22 | −16 | −18 | −19 | −8 |
| Income before tax | −23 | −23 | −24 | −20 | −14 | −16 | −17 | −6 |
| Income tax | 1 | −3 | 1 | 0 | 1 | 0 | 1 | 0 |
| Net income | −24 | −20 | −24 | −20 | −15 | −16 | −18 | −7 |
| Diluted EPS | −$0.58 | −$0.48 | −$0.58 | −$0.47 | −$0.35 | −$0.38 | −$0.41 | −$0.15 |
| EBITDA | −24 | −19 | −19 | −21 | −15 | −13 | −13 | −7 |
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