Ambarella, Inc. (NASDAQ:AMBA) shares are trading lower premarket on Friday after the company reported fourth-quarter results.

Earnings Snapshot

Revenue rose 20.1% year over year (Y/Y) to $100.9 million, which beat the consensus estimate of $100.2 million.

Adjusted EPS of 13 cents surpassed the consensus estimate of 10 cents.

Adjusted gross margin contracted to 59.8% from 62.0% a year ago quarter.

In the quarter, the company did not repurchase shares and had $48.0 million worth of stock available for repurchase under the repurchase program.

Cash, cash equivalents, and marketable debt securities on hand stood at $312.6 million at the end of the quarter.

For the fiscal year ended January 31, 2026, revenue rose 37.2% year over year to $390.7 million from $284.9 million.

Adjusted gross margin for ...