Ambiq Micro, Inc. AMBQ
We are a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.
Our customers rely on Ambiq to deliver AI compute closer to end users (edge environments) where power consumption challenges are the most severe. Our leading position is built upon our hardware and software innovations that deliver two to five times lower power consumption than traditional semiconductor designs. Our products power over 290 million devices today. In 2025, we estimate that over 80% of our products ran AI algorithms. We seek to drive growth in AI adoption at the edge in the personal devices, medical/healthcare, industrial edge, and smart home and building markets and continue to set new standards in edge AI performance and power efficiency. Over time, we expect to integrate our ultra-low power technology into additional products that benefit from greater power efficiency, including high-performance compute applications such as AI data centers and automotive.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $72.5M | $76.1M | — |
| Cost of revenue | $40.4M | $51.8M | — |
| Gross profit | $32.1M | $24.3M | — |
| R&D | $38.5M | $37.2M | — |
| SG&A | $33.2M | $27.7M | — |
| Total operating expenses | $71.6M | $64.9M | — |
| Operating income | -$39.5M | -$40.6M | — |
| Pre-tax income | -$36.4M | -$39.6M | — |
| Income tax | $40.0K | $28.0K | — |
| Net income | -$36.5M | -$39.7M | — |
| EPS, basic | -4.57 | -113.50 | — |
| EPS, diluted | -4.57 | -113.50 | — |
| Shares, diluted (wtd. avg.) | $8.0M | $373.4K | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $140.3M | $61.0M | — |
| Receivables | $7.3M | $10.4M | — |
| Inventory | $16.9M | $15.0M | — |
| Total current assets | $167.9M | $89.0M | — |
| Property, plant and equipment | $4.1M | $2.6M | — |
| Other intangibles | $11.6M | $11.7M | — |
| Total assets | $184.7M | $104.3M | — |
| Accounts payable | $8.6M | $2.9M | — |
| Total current liabilities | $19.2M | $11.8M | — |
| Total liabilities | $22.2M | $18.5M | — |
| Retained earnings | -$356.7M | -$320.2M | — |
| Total equity | $162.5M | -$292.4M | -$261.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$19.7M | -$21.4M | — |
| Stock-based compensation | $6.8M | $5.2M | — |
| Investing cash flow | -$7.4M | -$3.7M | — |
| Financing cash flow | $106.4M | $58.8M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-276706.
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