Amber International Q2 revenue rises on agentic AI shift; withdraws outlook

Amber International Holding

03/09/2026 12:12

Overview
Singapore AI agent builder's preliminary Q2 revenue rose 38.8% qtr/qtr to $13.9 mln
Gross margin expanded to 79.5% from 67.7% last quarter, driven by higher-margin agentic revenue
Company withdrew financial guidance amid transition to specialized AI agent business

Outlook
Company withdraws previous financial guidance due to strategic transition to AI agent business
Amber expects to provide updated guidance after establishing sufficient operating history and forecasting visibility
Company plans to present expanded agent portfolio and financial framework at Investor Day before year-end

Result Drivers
AGENTIC REVENUE MIX - Co said higher-margin agentic revenue, including initial contribution from A-MM, drove gross margin expansion and profitability
PRODUCT LAUNCHES - Ambre and MIA, first specialized AI agents, launched and contributed to revenue growth
WEALTH MANAGEMENT DEMAND - Stronger demand for diversified and newly launched investment products drove wealth management solutions revenue

Company press release: ID:nPn9s9lpSa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$23.90 mln
 
H1 Gross Margin
 
74.50%
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the financial technology (fintech) peer group is "buy"
Wall Street's median 12-month price target for Amber International Holding Ltd is $9.00, about 782.4% above its September 2 closing price of $1.02
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 30 three months ago

Reuters Recommended Reads
Sept 1 - India preparing rollout of agentic payments on UPI, sources say
Aug 31 - China's Z.AI H1 revenue jumps on open-platform, API services growth
Sept 2 - NetApp Q1 beats estimates on AI demand; raises FY27 outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)