Ambarella (NasdaqGS:AMBA) FY Earnings Call Presentation

Financial Performance and Outlook - Ambarella expects total revenue growth in the 36% to 38% range for F2026, reaching approximately $390 million at the midpoint[40] - Q4 revenue guidance is $97 million to $103 million, with a midpoint of $100 million[40] - Non-GAAP gross margin for Q4 is estimated to be 59% to 60.5%[40] - The company has $295 million net cash with no debt and 16 consecutive years of positive free cash flow[14] - Edge AI 5-Year Revenue CAGR is 64%[15] Market and Technology - Ambarella has shipped cumulatively over 40 million Edge AI SoCs[5] and 400 million SoCs[5] - The Edge AI SAM is projected to grow from $5.5 billion in F2026 to $12.9 billion in F2031, representing an approximate 18% CAGR[31] - IoT applications are estimated to contribute approximately 70% of F2025 revenue[32], with the IoT SAM estimated at $2.5 billion in F2026 and $5.7 billion in F2031[34] - Auto applications are estimated to contribute approximately 30% of F2025 revenue[35], with the Auto SAM estimated at $3.0 billion in F2026 and $7.2 billion in F2031[37] Strategic Initiatives - Ambarella has invested $1.3 billion cumulatively in AI R&D over the last decade[5] - The company's technology portfolio includes 2nm in development, 5nm representing approximately 45% of revenue, and 10nm representing approximately 35% of revenue[14]