Amprius Doubles Q2 Revenue to $34M and Lifts 2026 Outlook Above $140M
AMPX sits 77% above its 52-week low of $6.363.
Summary
Amprius Technologies posted Q2 2026 revenue of $34 million, up 126% year-over-year, raised its full-year revenue outlook to at least $140 million, announced major new customer wins, and reiterated its target for positive adjusted EBITDA.
Key Events · Earnings and Guidance · AMPX
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Revenue More Than Doubles
Driven by strong demand in drone and e-mobility markets, Q2 2026 revenue reached $34.0 million—a 126% increase from $15.1 million in Q2 2025.
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Gross Margin Expands to 27%
Gross profit of $9.3 million yielded a 27% gross margin, up from 20% in Q1 2026 and 9% in Q2 2025, reflecting improved operating leverage.
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Full-Year Revenue Guidance Raised
The 2026 revenue outlook was increased to at least $140 million from $130 million, with gross margin guidance raised to at least 28% from 25%.
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Major Customer Wins Announced
New agreements include a multi-year supply deal with Stark Future exceeding $100 million and a $24 million order from a European drone developer.
Analysis · AMPX · Manufacturing
A standout quarter saw revenue more than double year-over-year to $34 million, while gross margin expanded to 27%. For the second consecutive quarter, the company raised its full-year revenue guidance—now at least $140 million. The net loss of $5.1 million includes a $1.9 million non-cash charge from a warrant modification; excluding that, the loss narrowed to just $3.2 million, a 50% improvement. Commercial traction is accelerating, underscored by a multi-year supply agreement with Stark Future worth over $100 million and a $24 million order from a European drone maker. With $74.5 million in cash and a clear path to positive adjusted EBITDA, these results materially de-risk the growth story.
At the time of this filing, AMPX was trading at $11.26 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $6.36 to $24.23. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.