ABSTRACT This study investigated the performance of the adaptive neuro-fuzzy inference system (ANFIS), feed forward neural network (FFNN), Soil and Water Analysis Tool (SWAT), Hydrologic Engineering Center's Hydraulic Modeling System (HEC-HMS), Hydrologiska Byråns Vattenbalansavdelning (HBV), and support vector regression (SVR) models for rainfall–runoff modeling using gauged and satellite rainfall, and their fusions in the Gilgel Abay watershed, Ethiopia. Afterward, simple average ensemble (SAE), weighted average ensemble (WAE), and neural network ensemble (NNE) techniques were applied to combine the outputs of individual models under three scenarios. The performance of the models was evaluated using Nash–Sutcliffe efficiency (NSE) and root mean square error (RMSE). The results demonstrated that the ANFIS model outperformed all the other single models with validation stage NSE values of 0.864 and 0.875, and RMSE values of 23.58 and 21.84 m3/s for gauge and fusion rainfall data, respectively. Among the physical-based models, SWAT gave better modeling performance with the validation stage NSE values of 0.81 and 0.821 for gauge and fusion rainfall data, respectively. Moreover, an ensemble of artificial intelligence and physical-based models greatly improved the overall modeling performance. The NNE improved the performance of single models up to 15.7 and 21.2 5% for fusion and satellite-based rainfall modeling, respectively.