| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 28.54 | 153.0% |
| Total Income | 28.54 | 153.0% |
| Expenditure | 35.22 | 68.0% |
| PBT | — | |
| Net Profit | -5.05 | 46.1% |
| OPM | -23.43% | 62.27pp |
| NPM | -17.68% | 65.36pp |
| EPS | -0.04 | 50.0% |
Amprius Reports Q1 2026 Revenue Up 2.5x YoY to $28.5 Million
07 May 2026 · 7 May, 1:49 am
Summary
Amprius Technologies reported a significant increase in revenue for Q1 2026, reaching $28.5 million, which is 2.5 times higher than the $11.3 million reported in Q1 2025. The company's net loss improved to $5.0 million, compared to a net loss of $9.4 million in the same quarter last year. Amprius is increasing its 2026 revenue outlook to at least $130 million and reiterating targets for net loss below $8.0 million and positive non-GAAP Adjusted EBITDA of at least $4.0 million. The company also secured approximately $500 million in new orders from U.S. defense customers and a $21.0 million purchase order from a new electric mobility customer in China.
Key Highlights
- 1
Amprius Technologies' Q1 2026 revenue increased by over 2.5x year-over-year to $28.5 million.
- 2
The company's net loss improved by 46% year-over-year, reaching $5.0 million in Q1 2026.
- 3
GAAP gross margin was 20% in Q1 2026, with gross profit improving 343% YoY.
- 4
Amprius is increasing its 2026 revenue outlook to at least $130.0 million.
- 5
The company reiterates its targets for a net loss below $8.0 million and positive non-GAAP Adjusted EBITDA of at least $4.0 million for 2026.
- 6
New orders from U.S. defense customers totaled approximately $500 million across multiple branches of the U.S. military.
- 7
A $21.0 million purchase order was announced for SiCore cylindrical cells from a new premier electric mobility customer in China.
Management Comments
Tom Stepien
“We entered 2026 with momentum, and our team delivered. Q1 revenue grew 13% sequentially, which we believe reflects both the depth of our relationships with existing drone customers and our ability to win in new end markets. We believe the $21.0 million purchase order we recently announced from a light electric vehicle customer underscores the expanding commercial reach of our silicon anode batteries. This combination of execution, repeat business, and new program wins provides a foundation for continued growth, as reflected in our increased revenue guidance.”
Ricardo C. Rodriguez
“Last year, Amprius presented early evidence of the potential strength of our business model, with the revenue base steadily increasing and margins improving. In 2026, our team is energized to continue delivering a meaningful step function in growth and profitability with an increasingly efficient capital structure and scale-enabling costs.”
Informational and educational content only. Not investment advice.