AMBARELLA INC Earnings Per Share Disclosure
13. Net Loss Per Ordinary Share
The following table sets forth the computation of basic and diluted net loss per ordinary share for the periods indicated:
|
|
Year Ended January 31, |
|
|||||||||
|
|
2026 |
|
|
2025 |
|
|
2024 |
|
|||
|
|
(in thousands, except share and per share data) |
|
|||||||||
Numerator: |
|
|
|
|
|
|
|
|
|
|||
Net loss |
|
$ |
(75,865 |
) |
|
$ |
(117,126 |
) |
|
$ |
(169,417 |
) |
Denominator: |
|
|
|
|
|
|
|
|
|
|||
Weighted-average ordinary shares - basic |
|
|
42,704,312 |
|
|
|
41,303,287 |
|
|
|
39,878,872 |
|
Weighted-average ordinary shares - diluted |
|
|
42,704,312 |
|
|
|
41,303,287 |
|
|
|
39,878,872 |
|
Net loss per ordinary share: |
|
|
|
|
|
|
|
|
|
|||
Basic |
|
$ |
(1.78 |
) |
|
$ |
(2.84 |
) |
|
$ |
(4.25 |
) |
Diluted |
|
$ |
(1.78 |
) |
|
$ |
(2.84 |
) |
|
$ |
(4.25 |
) |
The following weighted-average potentially dilutive securities were excluded from the computation of diluted net loss per ordinary share as their effect would have been antidilutive:
|
|
Year Ended January 31, |
|
|||||||||
|
|
2026 |
|
|
2025 |
|
|
2024 |
|
|||
Options to purchase ordinary shares |
|
|
76,920 |
|
|
|
177,340 |
|
|
|
234,088 |
|
Restricted stock units |
|
|
954,396 |
|
|
|
1,737,389 |
|
|
|
1,549,026 |
|
Employee stock purchase plan |
|
|
13,691 |
|
|
|
14,735 |
|
|
|
10,483 |
|
|
|
|
1,045,007 |
|
|
|
1,929,464 |
|
|
|
1,793,597 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Mar 23, 2026 | Showing above |
| 2025 | Mar 28, 2025 | |
| 2024 | Mar 29, 2024 | |
| 2023 | Mar 31, 2023 | |
| 2022 | Apr 1, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.