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Ambarella (AMBA) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Sep 3, 2025

Ambarella (AMBA) reported revenue of $95.5M for the second quarter fiscal 2026 (Q2 FY26), +50% from a year earlier and +11% from the quarter before. Operating margin was -23.0%, net loss $20.0M (20.9% of revenue).

Revenue$95.5M
Year over year+50%
Quarter over quarter+11%
Operating margin-23.0%
Net earnings−$20.0M

Ambarella, Q2 FY26: revenue $95.5M (+50% year over year), operating margin -23.0%, net loss $20.0M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$95.5M+11%+50%
Operating profit−$22.0M——
Net earnings−$20.0M——
Operating cash flow$5.5M-63%-67%
Free cash flow$1.4M-86%-90%

What changed

Revenue was $95.5M in Q2 FY26, up 50% year over year and up 11% from the previous quarter.

Gross margin was 58.9%, down 1.9 points from a year earlier. Operating costs exceeded revenue by $22.0M, an operating margin of -23.0%. Operating expenses grew 4% against revenue growth of 50%. The quarter ended with a net loss of $20.0M, narrower than the previous quarter's $24.3M loss.

Operating cash flow was $5.5M (down 67% year over year). Non-cash charges added back $6.6M of depreciation and amortization and $25.2M of share-based compensation. Working capital and other items used $6.3M. Capital expenditures of $4.1M left free cash flow of $1.4M.

Questions

What was Ambarella's revenue in the second quarter fiscal 2026?

Ambarella (AMBA) reported revenue of $95.5M for the second quarter fiscal 2026 (Q2 FY26), +50% from a year earlier and +11% from the quarter before.

Was Ambarella profitable in the second quarter fiscal 2026?

Operating loss was $22.0M (-23.0% of revenue) and net loss $20.0M.

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Source: Ambarella 10-Q on SEC EDGAR.