Demonstrações financeiras detalhadas de Ambarella, Inc. (AMBA): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Ambarella, Inc. registou receitas de $390.7M no último exercício, com um CAGR de 5 anos de 11.9%.
Margens dos últimos 12 meses: margem bruta 58.3%, margem operacional -14.3%, margem líquida -13.5%. O fluxo de caixa livre cresceu a CAGR de 17.5% em 5 anos.
Ao preço atual de $62.77, AMBA apresenta lucros negativos (P/L não significativo) e um ROE de -9.34%. A capitalização de mercado é de $2.8B.
Demonstração de Resultados (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Receita | $310.3M | $295.4M | $227.8M | $228.7M | $223.0M | $331.9M | $337.6M | $226.5M | $284.9M | $390.7M |
| Custo da Receita | $105.3M | $107.7M | $89.6M | $96.0M | $87.4M | $123.7M | $128.7M | $89.7M | $117.2M | $164.2M |
| Lucro Bruto | $205.0M | $187.7M | $138.1M | $132.7M | $135.6M | $208.1M | $208.9M | $136.8M | $167.6M | $226.5M |
| P&D | $101.2M | $115.5M | $128.1M | $129.7M | $140.8M | $167.3M | $204.9M | $215.1M | $226.1M | $238.5M |
| Despesas Gerais e Administrativas | $43.4M | $47.8M | $50.5M | $52.6M | $56.0M | $70.4M | $78.2M | $76.3M | $68.1M | $70.5M |
| Despesas Operacionais | $144.7M | $163.3M | $178.6M | $182.4M | $196.7M | $237.8M | $283.2M | $291.4M | $294.2M | $309.0M |
| Lucro Operacional | $60.4M | $24.4M | -$40.4M | -$49.6M | -$61.2M | -$29.6M | -$74.3M | -$154.6M | -$126.6M | -$82.5M |
| EBITDA | $61.9M | $29.2M | -$33.2M | -$38.0M | -$49.2M | -$14.6M | -$51.0M | -$123.7M | -$91.7M | -$48.1M |
| Despesas com Juros | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Lucro Antes de Impostos | $60.9M | $25.7M | -$34.6M | -$41.6M | -$57.3M | -$28.6M | -$70.9M | -$148.5M | -$117.7M | -$73.7M |
| Imposto | $3.1M | $6.9M | -$4.1M | $3.2M | $2.5M | -$2.2M | -$5.6M | $20.9M | -$602000 | $2.2M |
| Lucro Líquido | $57.8M | $18.9M | -$30.4M | -$44.8M | -$59.8M | -$26.4M | -$65.4M | -$169.4M | -$117.1M | -$75.9M |
| LPA | $1.77 | $0.57 | $-0.93 | $-1.35 | $-1.72 | $-0.72 | $-1.70 | $-4.25 | $-2.84 | $-1.78 |
| LPA Diluído | $1.68 | $0.55 | $-0.93 | $-1.35 | $-1.72 | $-0.72 | $-1.70 | $-4.25 | $-2.84 | $-1.78 |
| Ações em Circulação (Diluídas) | $34.3M | $34.6M | $32.7M | $33.1M | $34.7M | $36.6M | $38.4M | $39.9M | $41.3M | $42.7M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Receita | $108.5M | $100.9M | $100.4M | $108.1M |
| Lucro Bruto | $63.4M | $58.4M | $59.3M | $62.4M |
| Lucro Operacional | -$16.2M | -$17.2M | -$18.2M | -$8.1M |
| EBITDA | -$7.7M | -$10.4M | -$11.0M | -$6.3M |
| Lucro Líquido | -$15.1M | -$16.4M | -$18.1M | -$6.7M |
| LPA | $-0.35 | $-0.38 | $-0.41 | $-0.15 |
| LPA Diluído | $-0.35 | $-0.38 | $-0.41 | $-0.15 |
Balanço (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Caixa e Equivalentes | $322.9M | $346.7M | $194.0M | $231.4M | $241.3M | $171.0M | $113.5M | $144.9M | $144.6M | $191.0M |
| Investimentos de Curto Prazo | $82.5M | $87.9M | $164.9M | $173.3M | $199.4M | 0 | $93.3M | $75.0M | $105.6M | $121.6M |
| Contas a Receber | $38.6M | $31.3M | $26.2M | $18.5M | $25.0M | $44.3M | $52.0M | $24.9M | $29.8M | $39.2M |
| Estoque | $20.1M | $23.4M | $18.3M | $23.0M | $26.1M | $45.2M | $40.5M | $29.0M | $34.4M | $52.2M |
| Ativos Circulantes | $468.5M | $493.3M | $409.6M | $451.2M | $497.3M | $266.7M | $304.6M | $280.2M | $320.6M | $410.3M |
| Imobilizado | $5.0M | $6.4M | $6.7M | $15.5M | $15.2M | $21.3M | $20.2M | $15.7M | $14.3M | $23.7M |
| Ágio | $26.6M | $26.6M | $26.6M | $26.6M | $26.6M | $303.6M | $303.6M | $303.6M | $303.6M | $303.6M |
| Ativos Intangíveis | $4.1M | $14.4M | $10.9M | $17.8M | $18.7M | $46.3M | $58.5M | $55.1M | $47.3M | $58.0M |
| Ativos Totais | $512.3M | $546.6M | $466.9M | $527.3M | $573.3M | $657.5M | $710.2M | $657.7M | $689.0M | $798.6M |
| Contas a Pagar | $20.0M | $19.8M | $12.8M | $14.9M | $21.1M | $31.2M | $17.8M | $28.5M | $21.8M | $54.0M |
| Dívida de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Passivos Circulantes | $54.4M | $53.2M | $39.0M | $53.5M | $74.0M | $89.3M | $83.5M | $83.0M | $121.0M | $177.9M |
| Dívida de Longo Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Passivos Totais | $57.6M | $64.5M | $47.4M | $79.2M | $98.3M | $110.4M | $104.1M | $97.8M | $127.6M | $203.8M |
| Reservas | $242.4M | $261.3M | $230.9M | $186.1M | $126.3M | $99.9M | $34.5M | -$134.9M | -$252.1M | -$327.9M |
| Patrimônio Líquido | $454.6M | $482.2M | $419.5M | $448.1M | $475.0M | $547.2M | $606.1M | $559.9M | $561.4M | $594.8M |
| Dívida Total | 0 | 0 | 0 | $10.2M | $10.4M | $11.7M | $8.6M | $5.3M | $5.3M | $13.4M |
| Dívida Líquida | -$405.4M | -$434.6M | -$358.9M | -$394.6M | -$430.3M | -$159.3M | -$198.2M | -$214.6M | -$245.0M | -$299.1M |
| Capital de Giro | $414.1M | $440.0M | $370.6M | $397.7M | $423.3M | $177.5M | $221.2M | $197.2M | $199.6M | $232.3M |
Balanço (Trimestral)
| Ano | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Caixa e Equivalentes | $174.1M | $191.0M | $114.4M | $101.8M |
| Ativos Totais | $751.9M | $798.6M | $794.8M | $780.2M |
| Passivos Totais | $161.8M | $203.8M | $189.0M | $159.9M |
| Patrimônio Líquido | $590.1M | $594.8M | $605.8M | $620.3M |
| Dívida Total | $13.6M | $13.4M | $13.3M | $12.6M |
Fluxo de Caixa (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Lucro Líquido | $57.8M | $18.9M | -$30.4M | -$44.8M | -$59.8M | -$26.4M | -$65.4M | -$169.4M | -$117.1M | -$75.9M |
| Depreciação e Amortização | $1.6M | $4.8M | $7.2M | $11.6M | $12.0M | $14.0M | $19.9M | $24.8M | $26.1M | $25.6M |
| Compensação em Ações | $48.8M | $56.9M | $60.8M | $66.9M | $70.1M | $87.8M | $111.2M | $111.3M | $107.8M | $98.0M |
| Variação Capital de Giro | $4.8M | $4.6M | -$5.8M | $6.6M | $8.2M | -$32.7M | -$16.2M | $33.3M | $17.3M | $25.9M |
| Fluxo de Caixa Operacional | $113.3M | $85.4M | $24.5M | $39.4M | $30.8M | $38.8M | $44.1M | $19.0M | $33.8M | $73.5M |
| CapEx | -$2.7M | -$3.7M | -$2.9M | -$1.8M | -$4.9M | -$9.7M | -$15.1M | -$12.0M | -$10.4M | -$15.5M |
| Aquisições | 0 | 0 | 0 | $6.8M | $3.0M | -$307.0M | $749000 | 0 | 0 | 0 |
| Recompra de Ações | -$20.2M | -$54.8M | -$99.9M | 0 | -$1.0M | 0 | 0 | 0 | 0 | -$1.0M |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fluxo de Caixa Livre | $110.6M | $81.7M | $21.5M | $37.6M | $25.9M | $29.1M | $29.0M | $7.0M | $23.5M | $58.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q4 | 2026-Q1 | 2026-Q2 | 2026-Q3 |
|---|
| Fluxo de Caixa Operacional | $34.3M | $18.9M | -$25.6M | -$260000 |
| CapEx | -$2.9M | -$4.6M | -$4.0M | -$6.8M |
| Fluxo de Caixa Livre | $31.4M | $14.3M | -$29.6M | -$7.1M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $25.7M | $21.0M | $21.9M | $22.7M |
Crescimento e Margens (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Crescimento Receita (anual) | | -4.8% | -22.9% | +0.4% | -2.5% | +48.8% | +1.7% | -32.9% | +25.8% | +37.2% |
| Crescimento Lucro Líquido (anual) | | -67.4% | -261.5% | -47.1% | -33.5% | +55.8% | -147.6% | -159.1% | +30.9% | +35.2% |
| Crescimento LPA (anual) | | -67.8% | -263.2% | -45.2% | -27.4% | +58.1% | -136.1% | -150.0% | +33.2% | +37.3% |
| Variação de Ações (anual) | | +0.7% | -5.4% | +1.1% | +4.8% | +5.5% | +4.9% | +3.9% | +3.6% | +3.4% |
| Crescimento FCF (anual) | | -26.1% | -73.7% | +74.6% | -31.2% | +12.6% | -0.3% | -75.7% | +232.8% | +147.3% |
| Margem Bruta | 66.1% | 63.6% | 60.7% | 58.0% | 60.8% | 62.7% | 61.9% | 60.4% | 58.8% | 58.0% |
| Margem Operacional | 19.5% | 8.3% | -17.7% | -21.7% | -27.4% | -8.9% | -22.0% | -68.2% | -44.4% | -21.1% |
| Margem EBITDA | 20.0% | 9.9% | -14.6% | -16.6% | -22.1% | -4.4% | -15.1% | -54.6% | -32.2% | -12.3% |
| Margem Líquida | 18.6% | 6.4% | -13.4% | -19.6% | -26.8% | -8.0% | -19.4% | -74.8% | -41.1% | -19.4% |
| Margem FCF | 35.6% | 27.7% | 9.5% | 16.4% | 11.6% | 8.8% | 8.6% | 3.1% | 8.2% | 14.8% |
| Taxa Efetiva de Imposto | 5.0% | 26.7% | 11.9% | -7.6% | -4.3% | 7.8% | 7.8% | -14.1% | 0.5% | -2.9% |
Dados por Ação (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| FCF por Ação | $3.22 | $2.36 | $0.66 | $1.14 | $0.75 | $0.80 | $0.76 | $0.18 | $0.57 | $1.36 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Ações em Circulação (Básicas) | $32.7M | $33.2M | $32.7M | $33.1M | $34.7M | $36.6M | $38.4M | $39.9M | $41.3M | $42.7M |
O que olhar em empresas de Technology
- Crescimento de receita 3a (≥15%/ano) — Valida tração sustentada, não um ano pontual.
- Margem bruta (Depende do sub-setor) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Receita (≥20%) — Caixa real gerada. Muitas tech maquilham lucros não-GAAP.
- ROIC (≥15%) — Eficiência do capital reinvestido — a primeira métrica de Buffett.
- SBC / Receita (<10% saudável) — Stock-based compensation. Diluição silenciosa: >20% destrói valor.
- Dívida Líquida / EBITDA (≤2x (1,5x SaaS)) — Resistência em recessões e subidas de juros.
Rentabilidade
| Retorno sobre patrimônio | -9.34% |
| Retorno sobre capital investido | -9.29% |
| Retorno sobre ativos | -7.22% |
| Margem bruta | 58.29% |
| Margem operacional | -14.32% |
| Margem líquida | -13.48% |
Saúde financeira
| Dívida / Patrimônio | 0.02 |
| Liquidez corrente | 2.85 |
Índices Chave (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| P/L | 28.03 | 88.42 | -40.86 | -43.81 | -61.14 | -194.65 | -52.85 | -12.37 | -27.01 | -35.98 |
| P/VP | 3.57 | 3.47 | 2.96 | 4.37 | 7.68 | 9.37 | 5.69 | 3.74 | 5.64 | 4.60 |
| P/V | 5.22 | 5.67 | 5.46 | 8.55 | 16.35 | 15.45 | 10.21 | 9.26 | 11.12 | 7.00 |
| Margem Bruta | 66.1% | 63.6% | 60.7% | 58.0% | 60.8% | 62.7% | 61.9% | 60.4% | 58.8% | 58.0% |
| Margem Operacional | 19.5% | 8.3% | -17.7% | -21.7% | -27.4% | -8.9% | -22.0% | -68.2% | -44.4% | -21.1% |
| Margem Líquida | 18.6% | 6.4% | -13.4% | -19.6% | -26.8% | -8.0% | -19.4% | -74.8% | -41.1% | -19.4% |