Amprius Technologies Reports Strong Q1 Results, Raises 2026 Revenue Guidance, and Secures New Orders

summarizeSummary

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.

check_boxKey Events

• 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.

• 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.

• 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.

• 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.

auto_awesomeAnalysis

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.