Amprius Technologies Reports Strong Q1 Results, Raises 2026 Revenue Guidance, and Secures New Orders
AMPX has more than doubled off its 52-week low of $2.16.
Summary
Amprius Technologies reported strong Q1 2026 financial results with significant revenue growth and improved profitability, raised its full-year revenue guidance, and announced substantial new purchase orders.
Key Events · Earnings and Guidance · AMPX
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Record Q1 Revenue Growth
Reported Q1 2026 revenue of $28.5 million, an increase of over 2.5 times year-over-year from $11.3 million in Q1 2025, and up 13% sequentially.
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Significant Profitability Improvement
Net loss improved by 46% year-over-year to $5.0 million from $9.4 million, with GAAP gross margin turning positive at 20% compared to (21%) in the prior year.
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Raised Full-Year 2026 Revenue Guidance
Increased the 2026 full-year revenue outlook to at least $130 million, up from the previous guidance of at least $125 million, while reiterating targets for net loss below $8.0 million and positive non-GAAP Adjusted EBITDA of at least $4.0 million.
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New Strategic Purchase Orders
Secured a $21.0 million purchase order for SiCore cylindrical cells from a new electric mobility customer in China and gained visibility into approximately $500 million in new orders from U.S. defense customers.
Analysis · AMPX · Manufacturing
Amprius Technologies delivered robust first-quarter results, significantly exceeding prior-year performance with revenue more than doubling and net loss substantially improving. The company also raised its full-year 2026 revenue outlook, signaling continued strong demand and operational execution. Key business wins, including a $21 million purchase order from a new electric vehicle customer in China and increased visibility into defense orders, underscore the expanding commercial reach and strategic success of its silicon anode batteries. The positive shift to a 20% GAAP gross margin from a negative margin last year indicates improved operational efficiency and a stronger financial foundation.
At the time of this filing, AMPX was trading at $20.05 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3B. The 52-week trading range was $2.16 to $22.80. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.