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Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results
AMBAAmbarella(AMBA) GlobeNewswire·2025-02-26 21:05

Core Viewpoint - Ambarella, Inc. reported strong financial results for the fourth quarter and full year of fiscal 2025, highlighting significant revenue growth driven by edge AI products and providing optimistic guidance for fiscal 2026 [1][4]. Financial Performance - Fourth quarter revenue reached 84.0million,a62.884.0 million, a 62.8% increase from 51.6 million in the same period of fiscal 2024 [5]. - For the fiscal year ended January 31, 2025, total revenue was 284.9million,up25.8284.9 million, up 25.8% from 226.5 million in fiscal 2024 [5]. - Gross margin for the fourth quarter was 60.0%, slightly up from 59.8% year-over-year, while the fiscal year gross margin was 60.5%, compared to 60.4% in the previous year [5]. - The company reported a GAAP net loss of 20.2millionforthefourthquarter,improvingfromalossof20.2 million for the fourth quarter, improving from a loss of 60.6 million in the same quarter of fiscal 2024 [5]. - Non-GAAP net profit for the fourth quarter was 4.8million,comparedtoanonGAAPnetlossof4.8 million, compared to a non-GAAP net loss of 9.8 million in the same period last year [5]. Cash Position - At the end of the fourth quarter of fiscal 2025, Ambarella had total cash, cash equivalents, and marketable debt securities of 250.3million,anincreasefrom250.3 million, an increase from 226.5 million in the prior quarter and 219.9millionyearoveryear[3].FutureGuidanceForthefirstquarteroffiscal2026,Ambarellaexpectsrevenuebetween219.9 million year-over-year [3]. Future Guidance - For the first quarter of fiscal 2026, Ambarella expects revenue between 81.0 million and 87.0million,withanonGAAPgrossmarginprojectedbetween61.087.0 million, with a non-GAAP gross margin projected between 61.0% and 62.5% [5]. - The company anticipates mid to high teens revenue growth in fiscal 2026, driven by its 5nm products, particularly the CV5 and CV7 families [4]. Market Position - Over 70% of Ambarella's total revenue in fiscal 2025 came from edge AI products, marking both a quarterly and annual record [4]. - The company has shipped approximately 30 million edge AI processors, integrating proprietary deep learning AI accelerators [4]. Operational Insights - Ambarella's focus on efficient operations aims to drive positive operating leverage moving forward [4]. - The company continues to invest in research and development, with operating expenses for R&D reaching 226.1 million for the fiscal year [16]. Conference Call - A conference call is scheduled to discuss the fourth quarter results, providing further insights into the company's performance and future strategies [6].