Ambiq Micro reported 90% year-over-year revenue growth in Q2 2026, driven by surging Edge AI demand that exceeded initial customer expectations. Apollo V sales more than doubled year-over-year, supported by a new large customer. The company projects third-quarter sales growth of approximately 100% year-over-year, with full-year 2026 revenue expected to reach approximately $135 million. Management upgraded gross margin expectations to modest year-over-year improvement, citing favourable product mix and manufacturing efficiencies. Supply constraints across wafers, packaging, substrates, and testing are limiting Ambiq's ability to meet customer demand. The company is working to secure additional foundry allocations and OSAT capacity. Ambiq plans to use $168 million in net proceeds from its June follow-on offering to fund working capital and accelerate product development, targeting customer sampling of Atomiq 110 and Apollo 340 in early 2027.

Ambiq Micro reported second-quarter 2026 net sales of $33.9 million, up 89.7% year-over-year, driven by accelerating demand for edge artificial intelligence applications. Chief executive Fumihide Esaka said sales exceeded guidance and marked the company's fifth consecutive quarter of sequential growth. Demand is outpacing expectations, with customers requesting expedited deliveries and lean inventory across distribution channels. Apollo3 and Apollo4 products posted double-digit growth, whilst Apollo5 sales more than doubled. Management said semiconductor supply constraints—including wafer, packaging, and testing capacity—are limiting fulfilment. Some customers placed preorders three to five times higher than their own expectations. Ambiq expects third-quarter revenue of $36 million to $37 million, representing roughly 100% year-over-year growth at the midpoint, and full-year 2026 net sales of approximately $135 million.

Ambiq Micro, today announced its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX) under the ticker "AMQ."