Ambarella, Inc. (AMBA) Earnings Call Transcripts

Ambarella, Inc.'s Latest Earnings Call - Q1 FY2027

Ambarella, Inc. reported its Q1 FY2027 earnings, with revenue reaching $100.4 million, slightly above the midpoint of guidance, and a non-GAAP EPS of $0.11. Revenue grew 16.9% YoY, driven by strong performance in the automotive segment. The company announced significant long-term agreements (LTAs), including an $800 million deal with Hanhwa, which could enhance revenue predictability. Management maintained FY2027 revenue growth guidance at 10-15%, signaling confidence in ongoing market expansion.

Reported metrics

Guidance from management

For Q2 FY2027, Ambarella forecasts revenue between $105M and $111M, with gross margins of 59% to 60.5%. FY2027 revenue growth guidance remains at 10-15%.

What management said

I think it's a mutual intention that they're going to use more of this codeveloped platform into more product line. So we fully expect we're getting more market share from Hanhwa with this new development.

Joe, yes, I mean if you look back in the last couple of quarters, we were running kind of lean. And over the last few quarters, we have looked at kind of the opportunities that are coming to us with the strong growth that we had last year, and we wanted to position ourselves in the right product categories to be able to continue to serve our customers. And so going from a fairly low number of days of inventory at poi...

What analysts pressed on

Analysts expressed concerns about the predictability of revenue from LTAs, questioning if they guarantee revenue or are potential estimates. There were also questions about the impact of DRAM shortages on operations and the significant inventory build-up.

Main topics on the call

• Automotive Segment Growth — Ambarella's automotive revenue reached an all-time high, driven by AI integration in commercial vehicle telematics and safety applications. Management noted, 'Automotive is stronger -- grows faster than the other market....
• Long-term Agreements (LTAs) — The company announced a major LTA with Hanhwa, valued at over $800 million over 10 years, marking one of the largest agreements in its history. This deal aims to expand Ambarella's market share and product integration.
• Robotics Market Expansion — Ambarella reported over 15 robotic design wins, with lifetime revenue exceeding $100 million. The company is focusing on perception and decision-making solutions in robotics.
• Inventory Management — Inventory levels increased significantly to 145 days, up from 99 days, to support new product cycles and mitigate supply chain risks. Management stated this was a strategic move to ensure supply continuity.

Read the full Ambarella, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 56 Ambarella, Inc. earnings call transcripts on record, spanning March 3, 2020 to June 2, 2026. Based on this history, Ambarella, Inc. reports quarterly. The most recent call on file is dated June 2, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AMBA

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

56

First call

March 3, 2020

Most recent

June 2, 2026

Reporting cadence

quarterly