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Side-by-side financial comparison of AMBARELLA INC (AMBA) and Smart Sand, Inc. (SND). Click either name above to swap in a different company.
AMBARELLA INC is the larger business by last-quarter revenue ($108.5M vs $86.0M, roughly 1.3× Smart Sand, Inc.). Smart Sand, Inc. runs the higher net margin — 1.4% vs -13.9%, a 15.3% gap on every dollar of revenue. On growth, AMBARELLA INC posted the faster year-over-year revenue change (31.2% vs -5.8%). AMBARELLA INC produced more free cash flow last quarter ($31.4M vs $20.4M). Over the past eight quarters, AMBARELLA INC's revenue compounded faster (45.0% CAGR vs 1.8%).
Ambarella, Inc. is an American fabless semiconductor design company, focusing on low-power, high-definition (HD) and Ultra HD video compression, image processing, and computer vision processors. Ambarella's products are used in a wide variety of human and computer vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver and in-cabin monitoring, autonomous driving, and robotics applications. Ambarella's system on chips ...
Sand 9 is a fabless Micro-electromechanical system (MEMS) company based in Cambridge, Massachusetts. Sand 9 developed a piezoelectric MEMS resonator to serve as an alternative for quartz timing devices in applications such as smart phones, low-power wireless devices, and communications infrastructure equipment.
AMBA vs SND — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $108.5M | $86.0M |
| Net Profit | $-15.1M | $1.2M |
| Gross Margin | 59.6% | 13.0% |
| Operating Margin | -15.0% | -3.1% |
| Net Margin | -13.9% | 1.4% |
| Revenue YoY | 31.2% | -5.8% |
| Net Profit YoY | 37.2% | -68.5% |
| EPS (diluted) | $-0.35 | $0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $108.5M | $86.0M | ||
| Q3 25 | $95.5M | $92.8M | ||
| Q2 25 | $85.9M | $85.8M | ||
| Q1 25 | $84.0M | $65.6M | ||
| Q4 24 | $82.7M | $91.4M | ||
| Q3 24 | $63.7M | $63.2M | ||
| Q2 24 | $54.5M | $73.8M | ||
| Q1 24 | $51.6M | $83.1M |
| Q4 25 | $-15.1M | $1.2M | ||
| Q3 25 | $-20.0M | $3.0M | ||
| Q2 25 | $-24.3M | $21.4M | ||
| Q1 25 | $-20.2M | $-24.2M | ||
| Q4 24 | $-24.1M | $3.7M | ||
| Q3 24 | $-34.9M | $-98.0K | ||
| Q2 24 | $-37.9M | $-430.0K | ||
| Q1 24 | $-60.6M | $-216.0K |
| Q4 25 | 59.6% | 13.0% | ||
| Q3 25 | 58.9% | 16.1% | ||
| Q2 25 | 60.0% | 10.4% | ||
| Q1 25 | 60.0% | 4.2% | ||
| Q4 24 | 60.6% | 14.7% | ||
| Q3 24 | 60.8% | 10.3% | ||
| Q2 24 | 60.9% | 17.7% | ||
| Q1 24 | 59.8% | 14.2% |
| Q4 25 | -15.0% | -3.1% | ||
| Q3 25 | -23.0% | 5.8% | ||
| Q2 25 | -30.1% | -0.1% | ||
| Q1 25 | -30.2% | -10.8% | ||
| Q4 24 | -30.9% | 3.9% | ||
| Q3 24 | -56.9% | -7.8% | ||
| Q2 24 | -72.4% | 4.8% | ||
| Q1 24 | -80.8% | 0.9% |
| Q4 25 | -13.9% | 1.4% | ||
| Q3 25 | -20.9% | 3.2% | ||
| Q2 25 | -28.3% | 24.9% | ||
| Q1 25 | -24.1% | -37.0% | ||
| Q4 24 | -29.1% | 4.1% | ||
| Q3 24 | -54.8% | -0.2% | ||
| Q2 24 | -69.6% | -0.6% | ||
| Q1 24 | -117.4% | -0.3% |
| Q4 25 | $-0.35 | $0.03 | ||
| Q3 25 | $-0.47 | $0.08 | ||
| Q2 25 | $-0.58 | $0.54 | ||
| Q1 25 | $-0.48 | $-0.62 | ||
| Q4 24 | $-0.58 | $0.10 | ||
| Q3 24 | $-0.85 | $0.00 | ||
| Q2 24 | $-0.93 | $-0.01 | ||
| Q1 24 | $-1.51 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $174.1M | $22.6M |
| Total DebtLower is stronger | — | $15.0M |
| Stockholders' EquityBook value | $590.1M | $239.7M |
| Total Assets | $751.9M | $340.0M |
| Debt / EquityLower = less leverage | — | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $174.1M | $22.6M | ||
| Q3 25 | $142.7M | $5.1M | ||
| Q2 25 | $141.3M | $4.3M | ||
| Q1 25 | $144.6M | $5.1M | ||
| Q4 24 | $127.1M | $1.6M | ||
| Q3 24 | $153.9M | $7.2M | ||
| Q2 24 | $131.8M | $6.3M | ||
| Q1 24 | $144.9M | $4.6M |
| Q4 25 | — | $15.0M | ||
| Q3 25 | — | $14.3M | ||
| Q2 25 | — | $23.5M | ||
| Q1 25 | — | $13.7M | ||
| Q4 24 | — | $14.7M | ||
| Q3 24 | — | $15.7M | ||
| Q2 24 | — | $17.1M | ||
| Q1 24 | — | $25.5M |
| Q4 25 | $590.1M | $239.7M | ||
| Q3 25 | $576.5M | $239.9M | ||
| Q2 25 | $572.7M | $240.5M | ||
| Q1 25 | $561.4M | $219.9M | ||
| Q4 24 | $554.3M | $243.8M | ||
| Q3 24 | $547.6M | $243.6M | ||
| Q2 24 | $555.4M | $242.9M | ||
| Q1 24 | $559.9M | $242.5M |
| Q4 25 | $751.9M | $340.0M | ||
| Q3 25 | $706.4M | $343.1M | ||
| Q2 25 | $701.9M | $345.8M | ||
| Q1 25 | $689.0M | $326.9M | ||
| Q4 24 | $670.8M | $341.5M | ||
| Q3 24 | $650.3M | $335.8M | ||
| Q2 24 | $638.7M | $341.8M | ||
| Q1 24 | $657.7M | $349.3M |
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.06× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.06× | ||
| Q4 24 | — | 0.06× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.11× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $34.3M | $22.4M |
| Free Cash FlowOCF − Capex | $31.4M | $20.4M |
| FCF MarginFCF / Revenue | 29.0% | 23.7% |
| Capex IntensityCapex / Revenue | 2.7% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 18.99× |
| TTM Free Cash FlowTrailing 4 quarters | $64.3M | $32.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.3M | $22.4M | ||
| Q3 25 | $5.5M | $18.2M | ||
| Q2 25 | $14.8M | $-5.1M | ||
| Q1 25 | $25.4M | $8.7M | ||
| Q4 24 | $6.6M | $1.0M | ||
| Q3 24 | $16.7M | $5.8M | ||
| Q2 24 | $-15.0M | $14.9M | ||
| Q1 24 | $-4.0M | $-3.9M |
| Q4 25 | $31.4M | $20.4M | ||
| Q3 25 | $1.4M | $14.8M | ||
| Q2 25 | $10.2M | $-7.8M | ||
| Q1 25 | $21.2M | $5.2M | ||
| Q4 24 | $4.1M | $-840.0K | ||
| Q3 24 | $14.2M | $3.7M | ||
| Q2 24 | $-16.1M | $13.5M | ||
| Q1 24 | $-6.0M | $-5.5M |
| Q4 25 | 29.0% | 23.7% | ||
| Q3 25 | 1.4% | 15.9% | ||
| Q2 25 | 11.9% | -9.1% | ||
| Q1 25 | 25.3% | 7.9% | ||
| Q4 24 | 5.0% | -0.9% | ||
| Q3 24 | 22.2% | 5.8% | ||
| Q2 24 | -29.5% | 18.3% | ||
| Q1 24 | -11.6% | -6.6% |
| Q4 25 | 2.7% | 2.3% | ||
| Q3 25 | 4.3% | 3.6% | ||
| Q2 25 | 5.3% | 3.1% | ||
| Q1 25 | 5.0% | 5.4% | ||
| Q4 24 | 3.0% | 2.1% | ||
| Q3 24 | 4.0% | 3.4% | ||
| Q2 24 | 2.1% | 1.8% | ||
| Q1 24 | 3.7% | 2.0% |
| Q4 25 | — | 18.99× | ||
| Q3 25 | — | 6.05× | ||
| Q2 25 | — | -0.24× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMBA
| TW | $76.0M | 70% |
| Asia Pacific Other Than Taiwan | $20.2M | 19% |
| North America Other Than United States | $7.4M | 7% |
| Other | $5.0M | 5% |
SND
| Sand | $85.1M | 99% |
| Smart Systems Segment | $980.0K | 1% |
