Ambiq Micro, Inc. · NYSE:AMBQ
Ambiq Micro — Q1 2026 Earnings Presentation
23 slides from Ambiq Micro's earnings presentation, May 12, 2026
Slide 1: First Quarter 2026 Conference Call
First Quarter 2026 Conference Call May 12, 2026 © 2026 ambiq | all rights reserved
Slide 2: Legal Disclaimer
Legal Disclaimer Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “futu
Slide 3: Today's Agenda
Charlene Wan Vice President of Corporate Welcome Marketing & Investor Relations Fumihide Esaka Today’s Chief Executive Officer Business Update Agenda Jeffrey Winzeler Chief Financial Officer Results and Outlook 3 © 2026 ambiq © 2026 | all|rights ambiq reserved all rights reserved
Slide 4: Business Update
Business Update © 2026 ambiq | all rights reserved
Slide 5: Executive Summary
Executive Summary Top-line outperformance on strong edge AI demand Diversifying design funnel across customers, markets and use cases +59.3% +73-79% 2Q26 Expected 1Q26 Net Sales Growth YoY Net Sales Growth1 Advancing product roadmap to unlock new markets and use cases 2X 3 Expected Non-Personal New
Slide 6: First Quarter Highlights
First Quarter Highlights $25.1M Net sales exceeded guidance Net Sales • Stronger-than-expected demand across customers and products • Channel inventory remains lean Positioned for continued momentum 46.2% • Capturing strong end-user demand for edge AI Non-GAAP Gross Margin1 • Customer product launch
Slide 7: Secular Tailwinds Powering Our Growth
Secular Tailwinds Powering Our Growth Ambiq is positioned to lead in edge AI with unmatched ultra-low power technology and a broad, scalable platform across devices and use cases Smart Rings Smart Watches Smart Bands Smart Eyewear ▪ Customers increasingly deploying advanced edge AI capabilities to e
Slide 8: Comprehensive Edge AI SoC Portfolio
Comprehensive Edge AI SoC Portfolio Apollo3 Apollo4 Apollo5 Atomiq Processor Core Cortex M4 or M55 Cortex M4 Cortex M55 Cortex M55 Process Node 40nm or 22nm 22nm 22nm 12nm Features GPU GPU NPU, DRAM, GPU Bluetooth LE, Bluetooth Bluetooth LE, Bluetooth Connectivity Classic, Thread, Matter Bluetooth L
Slide 9: Strong and Diverse Edge AI Pipeline
Strong and Diverse Edge AI Pipeline Non-Personal Device Revenue Growth Expected Ear Protection Worker Safety Smart Grid Sensors >2X Continuous Glucose Monitors Moisture Sensors Hearing Aids Vibrational Sensors Water & Gas Meters Cardiac Monitors 2025A 2026E 9 © 2026 ambiq | all rights reserved
Slide 10: Unlocking Access to New Markets and Edge AI Use Cases
Unlocking Access to New Markets and Edge AI Use Cases more radio protocols extended temp lower prices smaller form factors APOLLO510 APOLLO510 LITE APOLLO330 Personal Devices Industrial Edge Smart Home & Buildings Medical & Healthcare New Software Tools and AI Models 10 © 2026 ambiq | all rights res
Slide 11: Unlocking Access to New Markets and Edge AI Use Cases
Unlocking Access to New Markets and Edge AI Use Cases more radio protocols extended temp lower prices smaller form factors mass market AI derivatives APOLLO510 APOLLO510 LITE APOLLO330 APOLLO340 Personal Devices Industrial Edge Smart Home & Buildings Medical & Healthcare New Software Tools and AI Mo
Slide 12: Unlocking Access to New Markets and Edge AI Use Cases
Unlocking Access to New Markets and Edge AI Use Cases more radio protocols extended temp lower prices smaller form factors mass market AI derivatives npu vision APOLLO510 APOLLO510 LITE APOLLO330 APOLLO340 ATOMIQ Personal Devices Industrial Edge Smart Home & Buildings Medical & Healthcare New Softwa
Slide 13: Results & Outlook
Results & Outlook © 2026 ambiq | all rights reserved
Slide 14: Quarterly Financial Results
Quarterly Financial Results Net Sales Non-GAAP Gross Profit1 Non-GAAP Gross Margin1 (dollars in millions) (dollars in millions) $11.58 $25.06 47.1% $9.44 45.5% 46.2% $20.74 $7.41 $15.73 2 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 Strong momentum in 1Q with year-over-year and sequential net sales
Slide 15: First Quarter Key Takeaways
First Quarter Key Takeaways ❑ Net sales exceeded guidance driven by strong customer demand 1Q26 YoY and expanding edge AI adoption Net Sales $25.1M +59.3% ❑ 1Q performance reflects ramps for new product launches from two customers and addition of a new major customer Non-GAAP Gross Profit1 $11.6M +5
Slide 16: Strong Balance Sheet
Strong Balance Sheet As of 3/31/26 Enhanced Product Sales and Innovation Marketing Total Assets $259.5 Million Total Liabilities $24.4 Million No Outstanding Debt Strong financial position provides the flexibility to invest in product development, software and go-to-market expansion 16 © 2026 ambiq
Slide 17: Financial Outlook
Financial Outlook1 2Q 2026 Outlook 2Q26 Drivers ▪ Strong underlying demand for edge AI solutions ▪ Multiple customer product launches across diverse form Net Sales $31.0M - $32.0M factors ▪ Continued growth in non-personal device revenue ▪ Production ramp from new customers Non-GAAP Gross Margin2 45
Slide 18: Well Positioned for Future Growth
Well Positioned for Future Growth Delivered sequential and YOY growth in net sales and non-GAAP gross profit Accelerating demand for edge AI supports continued top-line momentum Continuing to expand into key end markets through Apollo and software innovation Enabling heavier edge AI capabilities and
Slide 19: Appendix: Non-GAAP Reconciliations
Appendix: Non-GAAP Reconciliations © 2026 ambiq | all rights reserved
Slide 20: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months ended March 31, ($ in thousands) 2026 2025 Net loss $(10,171) $(8,284) Add: Income taxes 3 4 Depreciation and amortization 1,740 1,961 Stock-based compensation 3,362 851 Gain on nonmonetary transaction __ (1,600) Severance costs 20 __ IPO and other transactio
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months ended Three Months ended March 31, December 31, ($ in thousands) 2026 2025 2025 Gross profit $10,891 $8,389 $8,859 Add: Depreciation and amortization 499 562 475 Stock-based compensation 187 61 102 Gain on nonmonetary transaction __ (1,600) __ Non-GAAP gross
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months ended March 31, ($ in thousands) 2026 2025 Operating expenses $22,580 $17,130 Less: Depreciation and amortization 1,241 1,399 Stock-based compensation 3,175 790 Severance 20 __ IPO and other transaction costs __ 1,793 Non-GAAP operating expenses $18,144 $13,1
Slide 23: Ambiq: Enabling AI Everywhere with SPOT
Ambiq: Enabling AI Everywhere with SPOT 23 © 2026 ambiq | all rights reserved