Ambarella (AMBA) Quarterly Income Statement

Income Statement Summary

Ambarella (AMBA) quarterly income statement covering the six quarters from July 2022 to October 2023, as reported to the SEC.

Ambarella reported revenue of $50.59M in the quarter ended October 31, 2023, down 39.1% from $83.1M a year earlier.
That is 18.6% lower than the July 2023 quarter.
Gross profit was $29.98M, down 42% from $51.68M. That is a gross margin of 59.3%.
Loss from operations was $41.97M, a bigger loss than the $20.13M a year earlier. Operating margin was -82.9%.
Net loss was $41.71M, a bigger loss than the $19.81M a year earlier. Net margin was -82.4%.
Diluted earnings per share was -$1.04, a bigger loss than the $0.51 a year earlier.
Cost of revenue took 40.7% of revenue, research and development 106.1% and selling, general and administrative 36.1%.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD thousands, except per share data

						Oct'23	Jul'23	Apr'23	Jan'23	Oct'22	Jul'22
Revenue
50,595	62,121	62,142	83,321	83,096	80,884	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Revenue						50,595	62,121	62,142	83,321	83,096	80,884	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Cost of revenue
20,612	23,659	24,623	33,676	31,418	29,820	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Cost of revenue						20,612	23,659	24,623	33,676	31,418	29,820	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Gross profit
29,983	38,462	37,519	49,645	51,678	51,064	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Gross profit						29,983	38,462	37,519	49,645	51,678	51,064	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Operating expenses:
Research and development
53,702	54,917	54,441	53,054	52,864	52,338	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Research and development						53,702	54,917	54,441	53,054	52,864	52,338	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Selling, general and administrative
18,246	18,884	18,620	20,031	18,944	18,914	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Selling, general and administrative						18,246	18,884	18,620	20,031	18,944	18,914	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Total operating expenses
71,948	73,801	73,061	73,085	71,808	71,252	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Total operating expenses						71,948	73,801	73,061	73,085	71,808	71,252	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Loss from operations
-41,965	-35,339	-35,542	-23,440	-20,130	-20,188	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Loss from operations						-41,965	-35,339	-35,542	-23,440	-20,130	-20,188	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Other income, net
1,900	737	1,286	4,691	-1,433	-26	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Other income, net						1,900	737	1,286	4,691	-1,433	-26	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Loss before income taxes
-40,065	-34,602	-34,256	-21,615	-18,697	-20,214	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Loss before income taxes						-40,065	-34,602	-34,256	-21,615	-18,697	-20,214	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Provision (benefit) for income taxes
1,600	-3,400	1,600	-10,452	1,100	3,400	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Provision (benefit) for income taxes						1,600	-3,400	1,600	-10,452	1,100	3,400	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net loss
-41,710	-31,198	-35,902	-11,105	-19,809	-23,650	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net loss						-41,710	-31,198	-35,902	-11,105	-19,809	-23,650	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net income loss per share attributable to ordinary shareholders:
Basic
-1.04	-0.79	-0.91	-0.28	-0.51	-0.62	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Basic						-1.04	-0.79	-0.91	-0.28	-0.51	-0.62	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted
-1.04	-0.79	-0.91	-0.28	-0.51	-0.62	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted						-1.04	-0.79	-0.91	-0.28	-0.51	-0.62	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Weighted-average shares used to compute net loss per share attributable to ordinary shareholders:
Basic
40,053	39,736	39,340	38,898	38,582	38,258	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Basic						40,053	39,736	39,340	38,898	38,582	38,258	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted
40,053	39,736	39,340	38,898	38,582	38,258	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted						40,053	39,736	39,340	38,898	38,582	38,258	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx