Core Insights - Ambiq reported full year 2025 net sales of $72.5 million, with sequential growth in net sales every quarter, and fourth quarter net sales of $20.7 million, exceeding guidance and marking the highest quarterly net sales of 2025 [1][2] - The company achieved a fourth quarter GAAP gross margin of 42.7% and a non-GAAP gross margin of 45.5%, indicating successful scaling across higher-value customers and broader market diversification [1] - Ambiq anticipates strong first quarter 2026 net sales between $21.0 million and $22.0 million, reflecting growing momentum in advanced edge AI adoption [2] Financial Performance Fourth Quarter 2025 Results - Net sales reached $20,744 thousand, a 14.2% increase quarter-over-quarter and a 2.0% increase year-over-year [1] - Gross profit was $8,859 thousand, with a gross margin of 42.7%, up from 42.3% in the previous quarter and significantly higher than 24.8% year-over-year [1] - Non-GAAP net loss attributable to common stockholders was $(5,861) thousand, with a non-GAAP net loss per share of $(0.32) [4] Full Year 2025 Results - Total net sales were $72,514 thousand, a decrease of 4.7% from 2024 [1] - Gross profit increased to $32,095 thousand, representing a 32.1% increase year-over-year, with a gross margin of 44.3% [1] - Non-GAAP net loss attributable to common stockholders was $(20,918) thousand, with a non-GAAP net loss per share of $(2.62), a significant improvement from $(83.90) in 2024 [4] Strategic Developments - Ambiq strengthened its leadership by adding Dr. Bernard Banks to its Board of Directors and Michele Connors as General Counsel [1] - The company completed an upsized initial public offering and a follow-on offering, generating net proceeds of $102.7 million and $76.8 million, respectively [1] - Ambiq's neuralSPOT® SDK was recognized as EDN's 2025 Product of the Year, highlighting its innovative approach to edge AI development [1] Market Position and Future Outlook - Ambiq expanded its industrial edge AI presence through a partnership with RONDS for large-scale deployment of battery-powered AI sensors [1] - The company unveiled Atomiq®, the world's first ultra-low-power NPU SoC based on its SPOT® architecture, and launched three new Apollo variants to enhance edge AI capabilities [1] - Management expressed confidence in entering 2026 with strong growth momentum, driven by the adoption of its ultra-low power SPOT platform [1]