Quarterly ResultMay 12, 2026, 04:07 PM
Ambiq Micro Q1 Net Sales +59% to $25.1M; Net Loss $(10.2)M
AI Summary
Ambiq Micro reported a 59.3% increase in net sales to $25.1 million for Q1 2026, compared to $15.7 million in Q1 2025. Despite the strong revenue growth, the company's net loss widened to $10.2 million from $8.3 million in the prior year, and operating cash flow was negative $11.2 million. The company significantly boosted its cash position to $204.5 million, primarily through $75.3 million net proceeds from a follow-on offering completed in January 2026.
Key Highlights
- Net sales increased 59.3% to $25.1 million for Q1 2026 from $15.7 million in Q1 2025.
- Net loss widened to $10.2 million in Q1 2026, up from $8.3 million in Q1 2025.
- Net loss per share was $(0.50) for Q1 2026, compared to $(18.96) in Q1 2025.
- Cash and cash equivalents rose to $204.5 million as of March 31, 2026, from $140.3 million.
- Completed a follow-on offering in January 2026, generating net proceeds of $75.3 million.
- Operating activities used $11.2 million in cash during Q1 2026, compared to $1.4 million provided in Q1 2025.
- Sales to North America surged to $5.1 million in Q1 2026 from $25 thousand in Q1 2025.
- Sales to China increased to $11.6 million in Q1 2026 from $5.6 million in Q1 2025.
Price Impact
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