Ambac Financial Group Inc (AMBC) Financial Statements
Industry: Surety Insurance
In fiscal 2025, Ambac Financial reported revenue of $251.2M, up 6.5% from $235.8M the year before. Net income was -$259.1M (a -103.1% net margin), or -$5.93 per diluted share. Gross margin was 81.2% and operating margin was 4.9%. Operating activities generated -$52.3M of cash. At fiscal year end, Ambac Financial held $2.22B in total assets against $1.14B in total liabilities.
Open the full interactive Ambac Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Ambac Financial Key Stats
| Share Price | $4.75 |
|---|---|
| Market Cap | $215.6M |
| Revenue YoY Growth | +6.5% |
| 52-Week Range | $3.94 – $10.08 |
| Shares Outstanding | 45.4 million (basic, 2026 Q2) |
Ambac Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $156.0M | $282.0M | $505.0M | $269.0M | $235.8M | $251.2M |
| Cost of Goods Sold | $0 | $0 | -$396.0M | -$33.0M | $72.6M | $47.2M |
| Gross Profit | $156.0M | $282.0M | $901.0M | $302.0M | $163.2M | $204.0M |
| Operating Income | $156.0M | $282.0M | $762.0M | $147.0M | $34.0M | $12.4M |
| Pre-Tax Income | -$440.0M | $2.0M | $525.0M | $12.0M | -$59.8M | -$101.0M |
| Income Tax | -$3.0M | $18.0M | $2.0M | $7.0M | -$924,000 | $5.2M |
| Net Income | -$437.0M | -$17.0M | $522.0M | $4.0M | -$556.1M | -$259.1M |
| Diluted EPS | -$9.47 | -$0.61 | $11.31 | $0.18 | -$10.71 | -$5.93 |
Ambac Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $66.6M | $66.9M | $104.2M | $83.0M |
| Net Income | -$112.6M | -$29.0M | -$6.9M | -$12.2M |
| Diluted EPS | -$2.35 | -$0.62 | -$0.13 | -$0.33 |
Ambac Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $20.0M | $17.0M | $31.0M | $16.0M | $29.6M | — |
| Total Assets | $13.22B | $12.30B | $7.97B | $8.43B | $8.06B | $2.22B |
| Total Long-Term Debt | $2.74B | $2.23B | $639.0M | $508.0M | — | $117.6M |
| Total Liabilities | $12.07B | $11.19B | $6.65B | $7.00B | $6.86B | $1.14B |
| Shareholders' Equity | $1.08B | $1.04B | $1.25B | $1.36B | $856.9M | $715.8M |
Ambac Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$175.0M | -$131.0M | $1.33B | $200.0M | $762,000 | -$52.3M |
| Cash From Investing | $432.0M | $776.0M | $866.0M | $435.0M | — | — |
| Cash From Financing | -$303.0M | -$657.0M | -$2.16B | -$423.0M | — | $21.4M |
Figures from Ambac Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ambac Financial financials page for every line item.
Ambac Financial Company Profile
| Ticker | AMBC |
|---|---|
| Exchange | NYSE |
| Industry | Surety Insurance |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000874501 |
Frequently Asked Questions
What was Ambac Financial's revenue in fiscal 2025?
Ambac Financial (AMBC) reported revenue of $251.2M for fiscal 2025.
What is Ambac Financial's annual revenue history?
Ambac Financial's annual revenue by fiscal year: 2020: $156.0M; 2021: $282.0M; 2022: $505.0M; 2023: $269.0M; 2024: $235.8M; 2025: $251.2M.
What was Ambac Financial's net income in fiscal 2025?
Ambac Financial reported net income of -$259.1M for fiscal 2025.
What was Ambac Financial's earnings per share (EPS) in fiscal 2025?
Ambac Financial's diluted EPS was -$5.93 for fiscal 2025 (adjusted for any later stock splits).
What was Ambac Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), Ambac Financial reported revenue of $83.0M.
How much debt does Ambac Financial have?
Ambac Financial reported $117.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Ambac Financial are outstanding?
Ambac Financial reported a weighted average of 45.4 million basic shares outstanding in 2026 Q2.
What is Ambac Financial's market cap?
Based on its latest closing price, Ambac Financial (AMBC) has a market capitalization of about $215.6M.
When does Ambac Financial's fiscal year end?
Ambac Financial's fiscal year end, as registered with the SEC, is December 31.
Where is Ambac Financial headquartered?
Ambac Financial lists its business address in New York, New York in its SEC filings.