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Ambiq Micro (AMBQ) Q3 FY2026 earnings: revenue $38 million, up 110.0% on the year

Ambiq Micro, Inc. (AMBQ) reported revenue of $38 million for Q3 FY2026, the quarter ended 30 September 2026, up 110.0% on the same quarter a year earlier. Net income was -$7 million, and diluted earnings per share $-0.29. The figures are the company's own, from the 10-Q it filed with the SEC on 10 November 2026.

Revenue
$38 million
+110.0% on the year · +12.5% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
-26.3%
-55.3% a year earlier
Q3 FY2024Q3 FY2026
Net income
-$7 million
Q3 FY2024Q3 FY2026
Diluted EPS
-$0.29
Q3 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 new.

  • Net sales rose 110% year over year: Net sales were $38.1 million, up 110.0% from $18.2 million a year earlier and up 12.5% from $33.9 million in the second quarter.
  • Sixth straight quarter of sequential growth: Management said the company delivered its sixth consecutive quarter of sequential net sales growth, supported by healthy customer demand and supply chain partnerships.
  • Gross profit more than doubled: GAAP gross profit was $17.8 million, up 132.2%. GAAP gross margin was 46.7%, up 4.4 points, and non-GAAP gross margin was 48.7%, up 3.9 points.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue38.133.918.2+12.5%+110.0%
Cost of revenue20.318.610.5+9.0%+93.7%
Gross profit17.815.37.7+16.7%+132.2%
Gross margin46.7%45.0%42.3%
Research and development16.314.18.9+15.3%+83.3%
Selling, general and administrative11.69.98.8+17.2%+30.8%
Operating income-10.0-8.7-10.0
Operating margin-26.3%-25.7%-55.3%
Pre-tax income-7.1-7.1-9.0
Income tax0.00.00.0+300.0%+33.3%
Net income-7.1-7.1-9.0
Net margin-18.5%-21.0%-49.6%
Diluted EPS-$0.29-$0.32-$0.72
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-4.7-9.5-5.0
Cash from investing-1.8-1.9-1.7
Cash from financing3.1174106-98.2%-97.0%
Depreciation and amortisation1.81.81.8+1.6%+3.4%
Share-based compensation4.03.62.1+12.9%+94.2%
Diluted shares, weighted24m22m12m+11.6%+94.8%
Shares outstanding at period end25m24m18m+1.5%+34.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity405405170+0.2%+138.8%
Redeemable equityn/an/a0.0
Debt0.00.00.0
Operating lease liabilities3.33.50.4-7.3%+791.9%
Other liabilities26.227.416.6-4.3%+58.3%
Total liabilities and equity435436187-0.2%+132.9%
Fixed assets4.54.34.3+3.9%+3.4%
Cash and equivalents363367146-0.9%+148.1%
Receivables19.017.57.0+8.5%+171.5%
Inventory30.129.416.1+2.3%+86.4%
Other assets17.917.612.8+1.4%+40.1%
Total assets435436187-0.2%+132.9%

Questions

What was Ambiq Micro's revenue in Q3 FY2026?

Ambiq Micro (AMBQ) reported revenue of $38 million for Q3 FY2026, the quarter ended 30 September 2026, up 110.0% on the same quarter a year earlier.

How much did Ambiq Micro earn in Q3 FY2026?

Net loss for Q3 FY2026 was $7 million, and the diluted loss per share $0.29.

When did Ambiq Micro report Q3 FY2026 results?

Ambiq Micro filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 10 November 2026.

Quarterly results, the last 9 quarters

Q2 FY2024Q3 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue20.320.315.717.918.220.725.133.938.1
Cost of revenue13.813.77.310.710.511.914.218.620.3
Gross profit6.46.68.47.27.78.910.915.317.8
Gross margin32%33%53%40%42%43%43%45%47%
R&D9.49.68.78.98.912.012.814.116.3
SG&A8.07.18.47.18.88.89.79.911.6
Operating income-11.0-10.1-8.7-8.8-10.0-12.0-11.7-8.7-10.0
Operating margin-54%-50%-56%-49%-55%-58%-47%-26%-26%
Pre-tax income-10.6-9.4-8.3-8.5-9.0-10.7-10.2-7.1-7.1
Net income-10.6-9.4-8.3-8.5-9.0-10.7-10.2-7.1-7.1
Net margin-53%-47%-53%-48%-50%-51%-41%-21%-19%
Diluted EPS-$1.24-$26.03-$18.96-$0.67-$0.72n/a-$0.50-$0.32-$0.29
Operating cash flown/a-16.61.4-12.0-5.0-4.1-11.2-9.5-4.7
Shares outstanding511m18m21m13m18m18m21m24m25m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 10 November 2026: the filing.