Ambarella reports Q2 EPS 15c, consensus 5c

Reports Q2 revenue $95.51M, consensus $90M. “We are experiencing strong secular growth in the edge AI market, with an expanding breadth of applications driving unit demand, often with our higher priced 5nm AI SoCs. For example, a variety of portable AI video applications have reached production status, and by the end of fiscal 2026 we expect to realize production shipments from our first robotic aerial drone win. Furthermore, our first edge infrastructure win is expected to enter production in fiscal 2027,” said Fermi Wang, president and CEO. “We are increasing our fiscal 2026 revenue growth estimate to a range of 31% to 35%, or approximately $379 million at the midpoint. The midpoint of our new third quarter and full year fiscal 2026 revenue guidance would represent all-time record quarterly and fiscal year total revenue for Ambarella (AMBA). With more than 36 million edge AI processors shipped-to-date, we are an established, market leader and we remain exclusively focused on our customers’ needs in the edge AI market including automotive.”