Ambarella Inc. (NASDAQ:AMBA) posted its fiscal 2027 second-quarter results after Thursday’s closing bell, beating estimates but leaving investors unsatisfied. Here’s a look at the details inside the report. 

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Ambarella Q2 Details      

Ambarella reported quarterly adjusted earnings of 18 cents per share, which beat the Street estimate of 17 cents, per Benzinga Pro data. 

Quarterly revenue came in at $108.13 million, which beat the $107.75 million consensus estimate.

Gross margin on a non-GAAP basis for the second quarter of fiscal 2027 was 59.3%, compared with 60.5% for the same period last year and for the six months ended July 31, 2026, non-GAAP gross margin was 59.6%, compared with 61.2% in 2025.

“Our edge AI revenue reached record levels in Q2, with balanced sequential growth in Auto and IoT markets with very strong growth from our 5nm CV75 and CV72 AI SoCs,” said CEO Fermi Wang.

“We are making significant progress with our strategic priorities to extend our market reach with new higher value products and the implementation of new go-to-market strategies,” Wang added.

AMBA Stock Price: According to data from Benzinga Pro, Ambarella stock was down 5.05% to $63.38 in Thursday’s extended trading.  

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