7/102 sources · 2 publishersUpdated Nov 10, 17:10 UTC
Ambiq Micro reports 110% Q3 revenue growth and projects $140 M net sales for 2026
Ambiq Micro announced third‑quarter 2026 net sales of $38.1 million, a 110% year‑over‑year increase, and a non‑GAAP gross margin of 48.7%. The company guided Q4 revenue to $43.5 million‑$44.5 million and full‑year net sales of roughly $140 million. Shares slipped 4.09% in pre‑market trading after the release.
Why it matters
The guidance suggests continued double‑digit top‑line growth, but the pre‑market price decline reflects investor concerns about profitability and execution risk on new product launches.
Key facts
- 1Q3 2026 net sales were $38.1 million, up 110% YoY. investing.com
- 2Non‑GAAP gross margin for the quarter was 48.7%, an expansion of 390 basis points from the prior year. investing.com
- 3Shares fell 4.09% in pre‑market trading to $43.90 after the results. investing.com
- 4The company projects full‑year 2026 net sales of approximately $140 million. seekingalpha.com
- 5Q4 2026 revenue guidance is $43.5 million‑$44.5 million. seekingalpha.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.