Ambiq Micro reports 110% Q3 revenue growth and projects $140 million full‑year sales
Ambiq Micro announced third‑quarter 2026 net sales of $38.1 million, a 110% year‑over‑year increase, and GAAP gross profit of $17.8 million. The company posted a GAAP operating loss of $10.0 million and a GAAP net loss of $7.1 million. It guided Q4 2026 net sales to $43.5 million‑$44.5 million and expects total 2026 revenue of about $140 million. Management highlighted expanding edge‑AI demand, a 50% rise in its active customer base and new software and hardware launches.
Why it matters
The guidance raises full‑year revenue expectations from $100 million to roughly $140 million, which could improve the company’s growth outlook for investors (). However, the continued GAAP losses indicate profitability remains a challenge, a point noted by investors after the earnings release ().
Key facts
- 1Q3 2026 net sales were $38.1 million, up 110% year over year (). tradingview.com
- 2GAAP gross profit for the quarter was $17.8 million (). tradingview.com
- 3GAAP operating loss amounted to $10.0 million (). tradingview.com
- 4GAAP net loss was $7.1 million (). tradingview.com
- 5Q4 2026 net sales guidance is $43.5 million‑$44.5 million (). tradingview.com
- 6Full‑year 2026 net sales guidance is approximately $140 million (). seekingalpha.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.