Ambarella(US:AMBA) Globenewswireยท2025-08-28 20:05Core Viewpoint - Ambarella, Inc. reported strong financial results for the second quarter of fiscal year 2026, with significant revenue growth driven by the edge AI market and an optimistic outlook for future performance [1][4]. Financial Performance - Revenue for the second quarter of fiscal 2026 was $95.5 million, representing a 49.9% increase from $63.7 million in the same period of fiscal 2025 [5]. - For the six months ended July 31, 2025, revenue totaled $181.4 million, up 53.5% from $118.2 million for the same period in fiscal 2024 [5]. - GAAP net loss for the second quarter was $20.0 million, or loss per diluted share of $0.47, compared to a net loss of $34.9 million, or loss per diluted share of $0.85, in the same period of fiscal 2025 [5]. - Non-GAAP net profit for the second quarter was $6.4 million, or earnings per diluted share of $0.15, compared to a non-GAAP net loss of $5.5 million, or loss per diluted share of $0.13, in the same period of fiscal 2025 [5]. Guidance and Outlook - The company increased its revenue growth estimate for fiscal 2026 to a range of 31% to 35%, approximately $379 million at the midpoint [4]. - Revenue guidance for the third quarter of fiscal 2026 is expected to be between $100.0 million and $108.0 million, with a non-GAAP gross margin expected to be between 60.0% and 61.5% [5]. Market Position and Strategy - Ambarella has shipped over 36 million edge AI processors to date, establishing itself as a market leader in the edge AI sector [6]. - The company is focused on expanding its applications in the edge AI market, including automotive and robotics, with expectations for production shipments from new product wins [4][7]. Cash Position - Total cash, cash equivalents, and marketable debt securities at the end of the second quarter of fiscal 2026 was $261.2 million, compared to $259.4 million at the end of the prior quarter and $219.8 million a year ago [3].