Ambarella, Inc. develops low-power system-on-a-chip, semiconductors, and software for edge and physical artificial intelligence, applications, and intelligent automation. The company's system-on-a-chip (SOC) integrates third generation CVflow technology with advanced video processing, image signal processing, audio processing, and system control functions on a single chip. It also offers central domain controllers, CVflow SoCs, AI neural processors, vision processor SoCs, high-definition radars, and serializer/deserializers, as well as licenses software modules. The company's solutions are used in automotive video recorders, electronic mirrors, front advanced driver assistance system camera, AI Telematics Systems, and cabin monitoring system and driver monitoring system cameras in automotive field; central domain controllers for autonomous vehicles in autonomy; enterprise and public class, and home security cameras in the field of IoT; and enterprise, home, public spaces, and consumer applications, as well as for video conferencing, access control, healthcare, medical, and virtual reality applications. It sells its solutions to original design manufacturers, original equipment manufacturers, automotive market, and Tier-1 suppliers through its direct sales force and distributors. The company operates in Taiwan, rest of the Asia Pacific, Europe, the United States, and rest of North America. Ambarella, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $391M | $-57M | $-76M | $58M | -12.8% | 37.2% | - |
| 2025 | $285M | $-101M | $-117M | $23M | -20.9% | 25.8% | - |
| 2024 | $226M | $-130M | $-169M | $7M | -30.3% | -32.9% | - |
| 2023 | $338M | $-54M | $-65M | $29M | -10.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total Revenue | 337.61 | 226.47 | 284.87 | 390.70 |
| Cost Of Revenue | 128.67 | 89.66 | 112.53 | 159.44 |
| Gross Profit | 208.93 | 136.82 | 172.33 | 231.27 |
| Operating Expense | 283.19 | 291.38 | 298.93 | 313.79 |
| Operating Income | -74.26 | -154.56 | -126.59 | -82.53 |
| EBITDA | -54.32 | -129.75 | -100.53 | -56.94 |
| EBIT | -74.26 | -154.56 | -126.59 | -82.53 |
| Pretax Income | -70.94 | -148.53 | -117.73 | -73.70 |
| Tax Provision | -5.55 | 20.89 | -0.60 | 2.17 |
| Net Income | -65.39 | -169.42 | -117.13 | -75.86 |
| Net Income Common Stockholders | -65.39 | -169.42 | -117.13 | -75.86 |
| Total Expenses | 411.86 | 381.03 | 411.46 | 473.23 |
| Research And Development | 204.95 | 215.05 | 226.11 | 238.52 |
| Selling General And Administration | 78.24 | 76.33 | 72.82 | 75.27 |
| Normalized EBITDA | -54.32 | -129.75 | -100.53 | -56.94 |
| Normalized Income | -65.39 | -169.42 | -117.13 | -75.86 |
| Basic EPS | -1.70 | -4.25 | -2.84 | -1.78 |
| Diluted EPS | -1.70 | -4.25 | -2.84 | -1.78 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.08 | 0.20 | 0.01 | 0.40 |
| Net Income From Continuing Operation Net Minority Interest | -65.39 | -169.42 | -117.13 | -75.86 |
| Reconciled Depreciation | 19.93 | 24.81 | 26.06 | 25.59 |
| Reconciled Cost Of Revenue | 128.67 | 89.66 | 112.53 | 159.44 |
| Net Income From Continuing And Discontinued Operation | -65.39 | -169.42 | -117.13 | -75.86 |
| Total Operating Income As Reported | -74.26 | -154.56 | -126.59 | -82.53 |
| Diluted Average Shares | 38.36 | 39.88 | 41.30 | 42.70 |
| Basic Average Shares | 38.36 | 39.88 | 41.30 | 42.70 |
| Diluted NI Availto Com Stockholders | -65.39 | -169.42 | -117.13 | -75.86 |
| Net Income Including Noncontrolling Interests | -65.39 | -169.42 | -117.13 | -75.86 |
| Net Income Continuous Operations | -65.39 | -169.42 | -117.13 | -75.86 |
| Other Income Expense | 3.32 | 6.03 | 8.87 | 8.83 |
| Other Non Operating Income Expenses | 3.32 | 6.03 | 8.87 | 8.83 |
| Operating Revenue | 337.61 | 226.47 | 284.87 | 390.70 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ambarella, Inc.this co. | AMBA | $2.9B | - | 4.80 | -12.8% | -37.38 |
| Qualys, Inc. | QLYS | $3.2B | 16.47 | 5.71 | 35.3% | 11.85 |
| Workiva Inc. | WK | $3.1B | - | -555.77 | 481.4% | -94.42 |
| Bel Fuse Inc. | BELFA | $2.9B | 49.26 | 6.83 | 11.9% | 23.70 |
| PagSeguro Digital Ltd. | PAGS | $2.8B | 6.94 | 0.94 |
| 14.4% |
| 0.32 |
| Penguin Solutions, Inc. | PENG | $2.7B | 63.53 | 4.09 | 6.4% | 14.98 |
| StoneCo Ltd. | STNE | $2.6B | 6.27 | 1.22 | 21.0% | 1.98 |
| Bitdeer Technologies Group | BTDR | $2.6B | - | 2.81 | - | 10.32 |
| Braze, Inc. | BRZE | $2.6B | - | 4.10 | -21.0% | -18.10 |
| Peer Median | - | 16.47 | 3.45 | 14.4% | 6.15 | |