Ambarella Lifts 2026 Outlook on AI Surge
Ambarella (NASDAQ:AMBA) reported Q2 FY2026 non-GAAP revenue of $95.5 million, up 49.9% year over year (non-GAAP) and surpassing the high end of prior guidance. The company raised full-year revenue growth guidance to 31%-35%, or approximately $379 million at the midpoint for FY2026, citing broad-based edge AI (artificial intelligence) application momentum and increasing average selling price (ASP); key developments span IoT, automotive, robotics, and edge infrastructure markets.
Management delivered its fifth consecutive quarter of record hybrid AI (HAI) revenue, driven in part by rapid IoT adoption and new edge AI applications in portable video, robotics, and infrastructure. Raised full-year revenue growth guidance from 19%-25% (set in May 2025) to 31%-35%, reflecting both volume and pricing drivers.
The simultaneous growth in ASP and shipments signals Ambarella's expanding value proposition and pricing power, underpinning accelerated topline expansion and margin resilience in fiscal 2026.
Source Fool.com
Ambarella Inc. Stock
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