vs
Side-by-side financial comparison of AMBARELLA INC (AMBA) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
AMBARELLA INC is the larger business by last-quarter revenue ($108.5M vs $100.0M, roughly 1.1× Latham Group, Inc.). Latham Group, Inc. runs the higher net margin — -7.0% vs -13.9%, a 6.9% gap on every dollar of revenue. On growth, AMBARELLA INC posted the faster year-over-year revenue change (31.2% vs 14.5%). AMBARELLA INC produced more free cash flow last quarter ($31.4M vs $14.1M). Over the past eight quarters, AMBARELLA INC's revenue compounded faster (45.0% CAGR vs -4.9%).
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 ...
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
AMBA vs SWIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $108.5M | $100.0M |
| Net Profit | $-15.1M | $-7.0M |
| Gross Margin | 59.6% | 28.0% |
| Operating Margin | -15.0% | -10.7% |
| Net Margin | -13.9% | -7.0% |
| Revenue YoY | 31.2% | 14.5% |
| Net Profit YoY | 37.2% | 76.0% |
| EPS (diluted) | $-0.35 | $-0.06 |
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 | $100.0M | ||
| Q3 25 | $95.5M | $161.9M | ||
| Q2 25 | $85.9M | $172.6M | ||
| Q1 25 | $84.0M | $111.4M | ||
| Q4 24 | $82.7M | $87.3M | ||
| Q3 24 | $63.7M | $150.5M | ||
| Q2 24 | $54.5M | $160.1M | ||
| Q1 24 | $51.6M | $110.6M |
| Q4 25 | $-15.1M | $-7.0M | ||
| Q3 25 | $-20.0M | $8.1M | ||
| Q2 25 | $-24.3M | $16.0M | ||
| Q1 25 | $-20.2M | $-6.0M | ||
| Q4 24 | $-24.1M | $-29.2M | ||
| Q3 24 | $-34.9M | $5.9M | ||
| Q2 24 | $-37.9M | $13.3M | ||
| Q1 24 | $-60.6M | $-7.9M |
| Q4 25 | 59.6% | 28.0% | ||
| Q3 25 | 58.9% | 35.4% | ||
| Q2 25 | 60.0% | 37.1% | ||
| Q1 25 | 60.0% | 29.5% | ||
| Q4 24 | 60.6% | 24.6% | ||
| Q3 24 | 60.8% | 32.4% | ||
| Q2 24 | 60.9% | 33.1% | ||
| Q1 24 | 59.8% | 27.7% |
| Q4 25 | -15.0% | -10.7% | ||
| Q3 25 | -23.0% | 13.3% | ||
| Q2 25 | -30.1% | 14.3% | ||
| Q1 25 | -30.2% | -4.4% | ||
| Q4 24 | -30.9% | -14.9% | ||
| Q3 24 | -56.9% | 8.9% | ||
| Q2 24 | -72.4% | 12.5% | ||
| Q1 24 | -80.8% | -1.9% |
| Q4 25 | -13.9% | -7.0% | ||
| Q3 25 | -20.9% | 5.0% | ||
| Q2 25 | -28.3% | 9.3% | ||
| Q1 25 | -24.1% | -5.4% | ||
| Q4 24 | -29.1% | -33.4% | ||
| Q3 24 | -54.8% | 3.9% | ||
| Q2 24 | -69.6% | 8.3% | ||
| Q1 24 | -117.4% | -7.1% |
| Q4 25 | $-0.35 | $-0.06 | ||
| Q3 25 | $-0.47 | $0.07 | ||
| Q2 25 | $-0.58 | $0.13 | ||
| Q1 25 | $-0.48 | $-0.05 | ||
| Q4 24 | $-0.58 | $-0.24 | ||
| Q3 24 | $-0.85 | $0.05 | ||
| Q2 24 | $-0.93 | $0.11 | ||
| Q1 24 | $-1.51 | $-0.07 |
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 | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $590.1M | $405.9M |
| Total Assets | $751.9M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $174.1M | — | ||
| Q3 25 | $142.7M | — | ||
| Q2 25 | $141.3M | — | ||
| Q1 25 | $144.6M | — | ||
| Q4 24 | $127.1M | — | ||
| Q3 24 | $153.9M | — | ||
| Q2 24 | $131.8M | — | ||
| Q1 24 | $144.9M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $590.1M | $405.9M | ||
| Q3 25 | $576.5M | $408.4M | ||
| Q2 25 | $572.7M | $398.4M | ||
| Q1 25 | $561.4M | $381.1M | ||
| Q4 24 | $554.3M | $387.2M | ||
| Q3 24 | $547.6M | $416.6M | ||
| Q2 24 | $555.4M | $408.1M | ||
| Q1 24 | $559.9M | $391.8M |
| Q4 25 | $751.9M | $823.2M | ||
| Q3 25 | $706.4M | $844.4M | ||
| Q2 25 | $701.9M | $822.1M | ||
| Q1 25 | $689.0M | $824.6M | ||
| Q4 24 | $670.8M | $794.2M | ||
| Q3 24 | $650.3M | $853.4M | ||
| Q2 24 | $638.7M | $830.0M | ||
| Q1 24 | $657.7M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $31.4M | $14.1M |
| FCF MarginFCF / Revenue | 29.0% | 14.1% |
| Capex IntensityCapex / Revenue | 2.7% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $64.3M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.3M | $23.3M | ||
| Q3 25 | $5.5M | $51.0M | ||
| Q2 25 | $14.8M | $36.0M | ||
| Q1 25 | $25.4M | $-46.9M | ||
| Q4 24 | $6.6M | $6.2M | ||
| Q3 24 | $16.7M | $37.2M | ||
| Q2 24 | $-15.0M | $52.4M | ||
| Q1 24 | $-4.0M | $-34.5M |
| Q4 25 | $31.4M | $14.1M | ||
| Q3 25 | $1.4M | $45.2M | ||
| Q2 25 | $10.2M | $29.1M | ||
| Q1 25 | $21.2M | $-50.3M | ||
| Q4 24 | $4.1M | $-98.0K | ||
| Q3 24 | $14.2M | $33.2M | ||
| Q2 24 | $-16.1M | $47.9M | ||
| Q1 24 | $-6.0M | $-39.9M |
| Q4 25 | 29.0% | 14.1% | ||
| Q3 25 | 1.4% | 27.9% | ||
| Q2 25 | 11.9% | 16.8% | ||
| Q1 25 | 25.3% | -45.2% | ||
| Q4 24 | 5.0% | -0.1% | ||
| Q3 24 | 22.2% | 22.1% | ||
| Q2 24 | -29.5% | 29.9% | ||
| Q1 24 | -11.6% | -36.0% |
| Q4 25 | 2.7% | 9.2% | ||
| Q3 25 | 4.3% | 3.6% | ||
| Q2 25 | 5.3% | 4.0% | ||
| Q1 25 | 5.0% | 3.1% | ||
| Q4 24 | 3.0% | 7.2% | ||
| Q3 24 | 4.0% | 2.7% | ||
| Q2 24 | 2.1% | 2.8% | ||
| Q1 24 | 3.7% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| 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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
