AMBA Nasdaq Semiconductors & Related Devices Financials FY2017βFY2026
Ambarella Inc had $391M of revenue in fiscal 2026, up 37.2% on the year before. Over five years, revenue changed +11.9% a year on average.
Last close Β· Oct 23, 2026
$66.50
5.4%Hi! I read Ambarella Incβs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
+37.2%
Yes. Sales grew 37.2% last year.
Does it make a profit?
β19.4%
No. It lost money last year.
Does profit turn into cash?
14.8%
Yes. 14.8% of sales ends up as free cash.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Ambarella Inc had $391M of revenue in fiscal 2026, up 37.2% on the year before. Over five years, revenue changed +11.9% a year on average. Its operating margin was β21.1%, up 23.3Β pts: of every 100 in sales, about β21 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Ambarella Inc lost $75.9M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was $58.0M in fiscal 2026, 14.8% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· Ambarella Inc returned $1.0M to shareholders in fiscal 2026, 2% of free cash flow. The diluted share count rose 3.4%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders sold $16.6M of shares on the open market and bought none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$16.6M
7 insiders
Of sales under plans
49%
$8.1M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 25, 2026 | Christopher B PaisleyDirector | Sold plan | 250 | $70.76 | $0.0M | Form 4 |
| Sep 18, 2026 | John Alexander YoungCFO | Sold plan | 1,896 | $67.28 | $0.1M | Form 4 |
| Sep 17, 2026 | Chan W LeeChief Operations Officer | Sold | 2,893 | $64.83 | $0.2M | Form 4 |
| Sep 17, 2026 | Feng-Ming WangCEO, Director | Sold | 6,086 | $64.83 | $0.4M | Form 4 |
| Sep 17, 2026 | John Alexander YoungCFO | Sold | 3,126 | $64.83 | $0.2M | Form 4 |
| Sep 17, 2026 | Chi-Hong JuSenior VP, Systems & GM | Sold | 2,009 | $64.83 | $0.1M | Form 4 |
| Jul 9, 2026 | Yun-Lung ChenVP, Business Dev. & Marketing | Sold | 5,958 | $78.66 | $0.5M | Form 4 |
| Jul 1, 2026 | Feng-Ming WangCEO, Director | Sold plan | 16,250 | $90.08 | $1.5M | Form 4 |
| Jul 1, 2026 | Chi-Hong JuSenior VP, Systems & GM | Sold | 10,000 | $88.84 | $0.9M | Form 4 |
| Jun 26, 2026 | Christopher B PaisleyDirector | Sold plan | 250 | $62.01 | $0.0M | Form 4 |
| Jun 17, 2026 | Chi-Hong JuSenior VP, Systems & GM | Sold | 2,017 | $67.87 | $0.1M | Form 4 |
| Jun 17, 2026 | Feng-Ming WangCEO, Director | Sold | 6,204 | $67.87 | $0.4M | Form 4 |
| Jun 17, 2026 | John Alexander YoungCFO | Sold plan | 5,033 | $67.54 | $0.3M | Form 4 |
| Jun 17, 2026 | Chan W LeeChief Operations Officer | Sold | 2,951 | $67.87 | $0.2M | Form 4 |
| Jun 12, 2026 | Yun-Lung ChenVP, Business Development and | Sold | 9,856 | $67.06 | $0.7M | Form 4 |
| May 26, 2026 | John Alexander YoungCFO | Sold plan | 400 | $96.00 | $0.0M | Form 4 |
| May 26, 2026 | Feng-Ming WangCEO, Director | Sold plan | 32,500 | $91.01 | $3.0M | Form 4 |
| Apr 21, 2026 | John Alexander YoungCFO | Sold plan | 1,971 | $60.00 | $0.1M | Form 4 |
| Mar 19, 2026 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 2,155 | $54.14 | $0.1M | Form 4 |
| Mar 19, 2026 | John Alexander YoungCFO | Sold | 3,038 | $54.14 | $0.2M | Form 4 |
| Mar 19, 2026 | Chan W LeeChief Operations Officer | Sold | 3,641 | $54.14 | $0.2M | Form 4 |
| Mar 19, 2026 | Feng-Ming WangCEO, Director | Sold | 8,083 | $54.14 | $0.4M | Form 4 |
| Mar 17, 2026 | Chan W LeeChief Operations Officer | Sold | 6,729 | $52.77 | $0.4M | Form 4 |
| Mar 17, 2026 | John Alexander YoungCFO | Sold | 4,577 | $52.77 | $0.2M | Form 4 |
| Mar 17, 2026 | Feng-Ming WangCEO, Director | Sold | 18,976 | $52.77 | $1.0M | Form 4 |
| Mar 17, 2026 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 4,729 | $52.77 | $0.2M | Form 4 |
| Mar 2, 2026 | Feng-Ming WangCEO, Director | Sold plan | 50,000 | $60.80 | $3.0M | Form 4 |
| Jan 5, 2026 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 7,728 | $75.58 | $0.6M | Form 4 |
| Dec 30, 2025 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 3,765 | $70.32 | $0.3M | Form 4 |
| Dec 26, 2025 | Christopher B PaisleyDirector | Sold | 500 | $72.18 | $0.0M | Form 4 |
| Dec 18, 2025 | John Alexander YoungCFO | Sold | 3,791 | $72.96 | $0.3M | Form 4 |
| Dec 17, 2025 | Feng-Ming WangCEO, Director | Sold | 4,950 | $71.82 | $0.4M | Form 4 |
| Dec 17, 2025 | John Alexander YoungCFO | Sold | 2,579 | $71.82 | $0.2M | Form 4 |
| Dec 17, 2025 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 1,342 | $71.82 | $0.1M | Form 4 |
| Dec 17, 2025 | Chan W LeeChief Operations Officer | Sold | 2,406 | $71.82 | $0.2M | Form 4 |
| Dec 16, 2025 | Elizabeth M SchwartingDirector | Sold | 624 | $72.38 | $0.0M | Form 4 |
| Oct 14, 2025 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 6,156 | $80.96 | $0.5M | Form 4 |
| Oct 13, 2025 | Chi-Hong JuSenior VP, Systems & GM, Asia | Sold | 5,057 | $81.29 | $0.4M | Form 4 |
| Oct 6, 2025 | Elizabeth M SchwartingDirector | Sold | 2,664 | $85.38 | $0.2M | Form 4 |
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Ambarella Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $171M | $207M | $220M | $250M | $313M |
| Current ratio | 3.0x | 3.6x | 3.4x | 2.6x | 2.3x |
| Quick ratio | 2.5x | 3.2x | 3.0x | 2.4x | 2.0x |
| Total assets | $658M | $710M | $658M | $689M | $799M |
| Total liabilities | $110M | $104M | $97.8M | $128M | $204M |
| Shareholders' equity | $547M | $606M | $560M | $561M | $595M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Ambarella Inc passes 4 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 4 / 8 | 4 / 8 | 2 / 8 | 3 / 8 | 5 / 8 | 3 / 8 | 2 / 8 | 5 / 8 | 4 / 8 |
| Accruals ratio | β10.8% | β12.6% | β10.8% | β16.9% | β16.5% | β10.6% | β16.0% | β27.6% | β22.4% | β20.1% |
| Altman Z'' | 15.92 | 14.99 | 15.54 | 11.41 | 9.92 | 7.17 | 7.61 | 5.73 | 4.09 | 2.94 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $310M | $295M | $228M | $229M | $223M | $332M | $338M | $226M | $285M | $391M |
| Gross profit | $205M | $188M | $138M | $133M | $136M | $208M | $209M | $137M | $172M | $231M |
| Research and development | $101M | $116M | $128M | $130M | $141M | $167M | $205M | $215M | $226M | $239M |
| Operating income | $60.4M | $24.4M | β$40.4M | β$49.6M | β$61.2M | β$29.6M | β$74.3M | β$155M | β$127M | β$82.5M |
| Pretax income | $60.9M | $25.7M | β$34.6M | β$41.6M | β$57.3M | β$28.6M | β$70.9M | β$149M | β$118M | β$73.7M |
| Income tax | $3.1M | $6.9M | β$4.1M | $3.2M | $2.5M | β$2.2M | β$5.6M | $20.9M | β$0.6M | $2.2M |
| Net income | $57.8M | $18.9M | β$30.4M | β$44.8M | β$59.8M | β$26.4M | β$65.4M | β$169M | β$117M | β$75.9M |
| Diluted EPS | $1.68 | $0.55 | β$0.93 | β$1.35 | β$1.72 | β$0.72 | β$1.70 | β$4.25 | β$2.84 | β$1.78 |
| Diluted shares | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B |
| Cash flow | ||||||||||
| Cash from operations | $113M | $85.4M | $24.5M | $39.4M | $30.8M | $38.8M | $44.1M | $19.0M | $33.8M | $73.5M |
| Capital expenditure | $2.7M | $3.7M | $2.9M | $1.8M | $2.0M | $9.7M | $15.1M | $12.0M | $10.4M | $15.5M |
| Free cash flow | $111M | $81.7M | $21.5M | $37.6M | $28.8M | $29.1M | $29.0M | $7.0M | $23.5M | $58.0M |
| Depreciation and amortization | $1.6M | $4.8M | $7.2M | $11.6M | $12.0M | $14.0M | $19.9M | $24.8M | $26.1M | $25.6M |
| Stock-based compensation | $48.8M | $56.9M | $60.8M | $66.9M | $70.1M | $87.8M | $111M | $111M | $108M | $98.0M |
| Acquisitions | $0.0M | $0.0M | β | $0.0M | $0.0M | $307M | $0.0M | $0.0M | β | β |
| Share buybacks | $20.2M | $54.8M | $99.9M | $0.0M | $1.0M | $0.0M | $0.0M | $0.0M | $0.0M | $1.0M |
| Dividends and buybacks | $20.2M | $54.8M | $99.9M | $0.0M | $1.0M | $0.0M | $0.0M | $0.0M | $0.0M | $1.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $323M | $435M | $359M | $405M | $441M | $171M | $207M | $220M | $250M | $313M |
| Current assets | $469M | $493M | $410M | $451M | $497M | $267M | $305M | $280M | $321M | $410M |
| Current liabilities | $54.4M | $53.2M | $39.0M | $53.5M | $74.0M | $89.3M | $83.5M | $83.0M | $121M | $178M |
| Inventory | $20.1M | $23.4M | $18.3M | $23.0M | $26.1M | $45.2M | $40.5M | $29.0M | $34.4M | $52.2M |
| Property and equipment, net | $5.0M | $6.4M | $5.6M | $5.6M | $5.5M | $10.1M | $11.8M | $10.4M | $9.1M | $11.6M |
| Goodwill | $26.6M | $26.6M | $26.6M | $26.6M | $26.6M | $304M | $304M | $304M | $304M | $304M |
| Intangible assets | $4.1M | $14.4M | $10.9M | $17.8M | $18.7M | $46.3M | $58.5M | $55.1M | $47.3M | $58.0M |
| Total assets | $512M | $547M | $467M | $527M | $573M | $658M | $710M | $658M | $689M | $799M |
| Total liabilities | $57.6M | $64.5M | $47.4M | $79.2M | $98.3M | $110M | $104M | $97.8M | $128M | $204M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $455M | $482M | $419M | $448M | $475M | $547M | $606M | $560M | $561M | $595M |
| Margins | ||||||||||
| Gross margin | 66.1% | 63.6% | 60.7% | 58.0% | 60.8% | 62.7% | 61.9% | 60.4% | 60.5% | 59.2% |
| Operating margin | 19.5% | 8.3% | β17.7% | β21.7% | β27.4% | β8.9% | β22.0% | β68.2% | β44.4% | β21.1% |
| EBITDA margin | 20.0% | 9.9% | β14.6% | β16.6% | β22.1% | β4.7% | β16.1% | β57.3% | β35.3% | β14.6% |
| Net margin | 18.6% | 6.4% | β13.4% | β19.6% | β26.8% | β8.0% | β19.4% | β74.8% | β41.1% | β19.4% |
| FCF margin | 35.6% | 27.7% | 9.5% | 16.4% | 12.9% | 8.8% | 8.6% | 3.1% | 8.2% | 14.8% |
| Returns | ||||||||||
| Return on capital employed | 13.2% | 5.0% | β9.4% | β10.5% | β12.3% | β5.2% | β11.8% | β26.9% | β22.3% | β13.3% |
| Return on equity | 12.7% | 4.0% | β6.8% | β10.3% | β13.0% | β5.2% | β11.3% | β29.1% | β20.9% | β13.1% |
| Return on assets | 11.3% | 3.6% | β6.0% | β9.0% | β10.9% | β4.3% | β9.6% | β24.8% | β17.4% | β10.2% |
| Return on tangible equity | 13.6% | 4.3% | β8.0% | β11.1% | β13.9% | β13.4% | β26.8% | β84.2% | β55.6% | β32.5% |
| Growth | ||||||||||
| Revenue growth | β | β4.8% | β22.9% | 0.4% | β2.5% | 48.8% | 1.7% | β32.9% | 25.8% | 37.2% |
| Net income growth | β | β67.4% | β261.5% | β | β | β | β | β | β | β |
| EPS growth | β | β67.3% | β269.1% | β | β | β | β | β | β | β |
| FCF growth | β | β26.1% | β73.7% | 74.6% | β23.3% | 0.9% | β0.3% | β75.7% | 232.8% | 147.3% |
| Share count change | β | 0.7% | β5.4% | 1.1% | 4.8% | 5.5% | 4.9% | 3.9% | 3.6% | 3.4% |
| Financial health | ||||||||||
| Current ratio | 8.6x | 9.3x | 10.5x | 8.4x | 6.7x | 3.0x | 3.6x | 3.4x | 2.6x | 2.3x |
| Quick ratio | 8.2x | 8.8x | 10.0x | 8.0x | 6.4x | 2.5x | 3.2x | 3.0x | 2.4x | 2.0x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.9% | 1.2% | 1.3% | 0.8% | 0.9% | 2.9% | 4.5% | 5.3% | 3.6% | 4.0% |
| Stock comp / revenue | 15.7% | 19.2% | 26.7% | 29.2% | 31.5% | 26.5% | 32.9% | 49.2% | 37.8% | 25.1% |
| Payouts / FCF | 18.2% | 67.0% | 464.0% | 0.0% | 3.5% | 0.0% | 0.0% | 0.0% | 0.0% | 1.7% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 4.0 | 4.0 | 2.0 | 3.0 | 5.0 | 3.0 | 2.0 | 5.0 | 4.0 |
| Altman Z'' | 15.9 | 15.0 | 15.5 | 11.4 | 9.9 | 7.2 | 7.6 | 5.7 | 4.1 | 2.9 |
| Accruals ratio | β10.8% | β12.6% | β10.8% | β16.9% | β16.5% | β10.6% | β16.0% | β27.6% | β22.4% | β20.1% |
Source: SEC EDGAR XBRL filings (CIK 0001280263). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
