StockWatch
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Industrial Machinery/Components
Quarterly ResultAug 4, 2026, 04:25 PM

Amprius Q2 Revenue +126% to $34M; Raises FY26 Outlook

AI Summary

Amprius Technologies reported strong financial results for the second quarter ended June 30, 2026, with revenue more than doubling year-over-year to $34.0 million and gross margin expanding to 27%. The company also significantly improved its net loss and Adjusted EBITDA compared to the prior year. Bolstered by healthy demand and new customer wins, including a $24 million drone order and a multi-year contract with Stark Future exceeding $100 million, Amprius raised its full-year 2026 revenue outlook to at least $140.0 million and reiterated targets for net loss below $10.0 million and positive Adjusted EBITDA of at least $4 million.

Key Highlights

  • Q2 2026 revenue more than doubled year-over-year to $34.0 million, up 126% YoY.
  • Net loss improved 20% year-over-year to $5.1 million; adjusted net loss was $3.2 million.
  • Gross profit increased 593% YoY to $9.3 million, with GAAP gross margin at 27%.
  • Non-GAAP Adjusted EBITDA improved 53% YoY to $(1.0) million.
  • Secured a $24.0 million order from a new European drone manufacturer.
  • Established a multi-year supply agreement with Stark Future, exceeding $100 million.
  • Raised 2026 revenue outlook to at least $140.0 million, up from $130.0 million.
  • Reiterated targets for net loss below $10.0 million and positive non-GAAP Adjusted EBITDA of at least $4 million.