The earnings call reflects a strong performance with significant revenue growth in AI, automotive, and IoT segments, alongside a return to profitability and positive cash flow. However, there are challenges in the automotive market and some volatility in the revenue funnel, which have impacted gross margins.

Company Guidance

In the Ambarella Q3 Fiscal Year 2025 earnings call, the company provided robust guidance, reflecting a significant upward revision in their revenue forecast. The company's third-quarter revenue was reported at $82.7 million, exceeding the high end of their guidance range, with a 30% sequential increase. This growth was driven by strong performance in both the automotive and IoT segments, particularly due to new product ramps and higher-priced AI processors like the CV5. Looking forward, Ambarella is projecting a fiscal year 2025 revenue increase of 22% to 24% year-over-year, compared to their prior estimate of mid- to high-teens growth. The company also highlighted their automotive revenue funnel, valued at approximately $2.2 billion over the next six years, and their strategic focus on expanding their presence in the Level 2+ and higher autonomy automotive markets. Additionally, Ambarella is advancing its product roadmap with the upcoming introduction of 2-nanometer technology, expected to tape out in Q4 of the following year, aiming to enhance their competitive position in AI-driven edge processing markets.

Record AI Revenue and Growth

Achieved a record level of AI revenue, contributing to a higher blended average selling price. Forecasting fiscal 2025 revenue to increase by 22% to 24% year-over-year.

Strong Performance in Automotive and IoT Segments

Both auto and IoT business revenues increased by about 30% sequentially, driven by new product ramps and higher-priced AI inference processors like CV5.

Non-GAAP Profitability

Returned to non-GAAP profitability in Q3 with a net profit of $4.5 million or $0.11 of earnings per diluted share.

Positive Cash Flow

Generated positive operating cash flow of $6.6 million in the quarter and $8.4 million year-to-date.

Successful Product Launches

Introduced a range of new products including CV72-based cameras, and secured significant customer engagements in both automotive and IoT markets.

---

Ambarella (AMBA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AMBA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 04, 2025	2025 (Q4)	-0.03 / -	-0.24	―	―	―
Nov 26, 2024	2025 (Q3)	0.04 / 0.11	-0.28	139.29% (+0.39)	―
Aug 27, 2024	2025 (Q2)	-0.19 / -0.13	-0.15	13.33% (+0.02)	―
May 30, 2024	2025 (Q1)	-0.31 / -0.26	-0.15	-73.33% (-0.11)	―
Feb 27, 2024	2024 (Q4)	-0.33 / -0.24	0.23	-204.35% (-0.47)	―
Nov 30, 2023	2024 (Q3)	-0.39 / -0.28	0.24	-216.67% (-0.52)	―
Aug 29, 2023	2024 (Q2)	-0.21 / -0.15	0.2	-175.00% (-0.35)	―
May 30, 2023	2024 (Q1)	-0.21 / -0.15	0.44	-134.09% (-0.59)	―
Feb 28, 2023	2023 (Q4)	0.14 / 0.23	0.45	-48.89% (-0.22)	―
Dec 01, 2022	2023 (Q3)	0.20 / 0.24	0.57	-57.89% (-0.33)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

AMBA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 26, 2024	$68.41	$72.44	+5.89%
Aug 27, 2024	$52.79	$58.40	+10.63%
May 30, 2024	$48.31	$58.26	+20.60%
Feb 27, 2024	$57.96	$57.99	+0.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---