AMBANasdaqSemiconductors & Related DevicesFiscal year ends January 31
AMBARELLA INC
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 4, 2026
$62.76+1.06 (+1.72%)
Close on Oct 19, 2026
- Market cap
- $2.76B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
59.2%−1.6 pts over 5 years
Operating margin
-21.1%+6.3 pts over 5 years
Net margin
-19.4%+7.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +37.2% | +5.0% | +11.9% | +2.1% | |
| Gross profit | +34.2% | +3.4% | +11.3% | +1.2% | |
| Free cash flow | +147.3% | +25.9% | +17.5% | -7.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 14.4% | -13.0% | -13.1% | |
| Return on assets | 12.5% | -10.9% | -10.2% | |
| Current ratio | 8.61 | 6.72 | 2.31 | |
| Inventory turnover | 5.5× | 3.6× | 3.7× | |
| Capex to revenue | 0.9% | 2.2% | 4.0% | |
| Diluted shares | 34M | 35M | 43M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Ambarella generated $209.27M from operations and spent $63.60M on capital expenditure, dividends and share buybacks. 98% of that went back into the business.
Generated
$209.27M
Used
$63.60M
Capital expenditure$62.60M98%Dividends$00%Share buybacks$1.00M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-19.4%
×Asset turnover0.53×
×Equity multiplier1.29×
=Return on equity, FY2026-13.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -19.4% | 0.53× | 1.29× | -13.1% |
| FY2025 | -41.1% | 0.42× | 1.20× | -20.9% |
| FY2024 | -74.8% | 0.33× | 1.17× | -29.1% |
| FY2023 | -19.4% | 0.49× | 1.19× | -11.3% |
| FY2022 | -8.0% | 0.54× | 1.20× | -5.2% |
| FY2021 | -26.8% | 0.41× | 1.19× | -13.0% |
| FY2020 | -19.6% | 0.46× | 1.15× | -10.3% |
| FY2019 | -13.4% | 0.45× | 1.12× | -6.8% |
| FY2018 | 6.4% | 0.56× | 1.13× | 4.0% |
| FY2017 | 18.6% | 0.67× | 1.15× | 14.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$75.87M
- Cash generatingOperating cash flow above zero$73.52M
- Return on assets improvedROA up on the prior year-17.8% → -11.0%
- Earnings backed by cashOperating cash flow above net income$73.52M vs -$75.87M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.65 → 2.31
- No dilutionShare count did not rise41M → 43M
- Gross margin improvedGross margin up on the prior year60.50% → 59.19%
- More efficientAsset turnover rose0.43 → 0.57