The Q2 guide above consensus combined with a record automotive quarter and new buyback is incrementally bullish. key swing factors to monitor: (1) whether non-GAAP gross margin stabilizes above 60% given competitive pressure, and (2) the pace of cash burn as inventory rose $28M QoQ to $80.4M.
Price Chart
Executive Summary
Ambarella reported Q1 FY2027 revenue of $100.4M (+16.9% YoY) and non-GAAP EPS of $0.11, beating the Street consensus of $0.10. Q2 revenue guidance of $105-111M implies ~9-15% sequential growth, above the $105M consensus midpoint. Automotive revenue hit an all-time record and a new $50M buyback authorization provides a floor, though GAAP net loss widened to -$0.41/share and gross margin continued to compress.
Key Financial Metrics
Key Facts
- Revenue $100.4M vs consensus $100.2M (beat); 16.9% YoY growth
- Non-GAAP EPS $0.11 vs consensus $0.10 (beat by $0.01 / ~10%)
- Q2 FY2027 revenue guidance $105-111M, above $105M consensus midpoint
- Automotive revenue achieved an all-time record; edge AI demand 'very strong'
- New $50M stock repurchase authorization through June 2027
- GAAP gross margin contracted 160bps YoY to 58.4%; non-GAAP gross margin down 210bps to 59.9%
- Operating cash flow not explicitly disclosed; cash + securities fell $34.8M QoQ to $277.8M
Financial Impact
Revenue beat by ~0.2%, EPS beat by ~10% on non-GAAP basis; guidance above consensus midpoint
Risk Factors
- GAAP gross margin declined 160bps YoY; non-GAAP down 210bps
- Cash and securities declined $34.8M to $277.8M while inventory surged 54% QoQ
- GAAP net loss widened slightly QoQ to -$18.1M despite higher revenue
- Semiconductor demand cyclicality and trade tariff exposure
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-245234 |
| Document: d130687d8k.htm | 0001193125-26-245234 |
| Document: 0001193125-26-245234-index-headers.html | 0001193125-26-245234 |
| Document: 0001193125-26-245234-index.html | 0001193125-26-245234 |
| Document: 0001193125-26-245234.txt | 0001193125-26-245234 |
| 8-K Data (Synthetic) | 0001193125-26-245234 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 28, 2026 29d ago | Insider Cluster | $68.73 $67.12 | ▼ −2.34% | ▼ −3.06% | $67.12 (−2.34%) |
Sep 25, 2026 4w ago | 144 | $72.68 $66.50 | ▼ −8.50% | ▼ −7.03% | $67.12 (−7.65%) |
Sep 21, 2026 5w ago | Insider Cluster | $67.06 $63.22 | ▲ +5.73% | ▲ +5.17% | $67.12 (−0.09%) |
Sep 18, 2026 5w ago | Insider Cluster | $68.85 $62.76 | ▲ +8.85% | ▲ +7.94% | $67.12 (+2.51%) |
Aug 11, 2026 10w ago | Press Release | $83.53 | awaiting T+20 | — | $67.12 (−19.65%) |
Jul 2, 2026 16w ago | Insider Cluster | $79.73 $82.68 | ▲ +3.70% | ▲ +2.85% | $67.12 (−15.82%) |
May 28, 2026 21w ago | Insider Cluster | $72.18 $67.01 | ▼ −7.16% | ▼ −5.37% | $67.12 (−7.01%) |
May 28, 2026 21w ago | 8-K | $72.18 $67.01 | ▼ −7.16% | ▼ −5.37% | $67.12 (−7.01%) |
May 15, 2026 23w ago | DEFA14A | $78.88 $67.12 | ▼ −14.91% | ▼ −16.49% | $67.12 (−14.91%) |
May 4, 2026 25w ago | Press Release | $70.72 | awaiting T+20 | — | $67.12 (−5.09%) |
US Market Status
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