Ambiq Micro posts triple-digit sales growth in third quarter
Key points
- Ambiq Micro reported third-quarter 2026 net sales of $38.1 million, up approximately 110% year-over-year, marking its sixth consecutive quarter of sequential sales growth.
- Its active customer base increased approximately 50%, with seven customers generating more than $1 million each in quarterly sales, compared with three a year earlier.
- Ambiq expects fourth-quarter 2026 net sales of $43.5 million–$44.5 million, with gross margin expected to remain approximately flat.
Ambiq Micro (NYSE:AMBQ) reported third-quarter 2026 net sales of $38.1 million, an increase of approximately 110% year-over-year.
The company recorded its sixth consecutive quarter of sequential net sales growth, reflecting continued increases in quarterly revenue.
Ambiq's active customer base expanded approximately 50% year-over-year, while seven customers generated more than $1 million each in quarterly sales, compared with three in the third quarter of 2025.
GAAP gross profit increased 132% to $17.8 million, representing a gross margin of 46.7%, while non-GAAP gross profit rose 128% to $18.6 million.
Non-GAAP gross margin reached 48.7%, compared with the GAAP margin of 46.7%, reflecting a 2-percentage-point difference between the two reported measures.
For the fourth quarter of 2026, Ambiq expects net sales of $43.5 million–$44.5 million, with gross margin projected to remain approximately flat compared with third-quarter levels.
