Amprius Q2 Revenue Doubles, Beats Estimates; Raises 2026 Outlook
AMPX sits 76% above its 52-week low of $6.363.
Summary
Amprius delivered a standout Q2: revenue more than doubled to $34M, crushing the $29.3M consensus, while net loss narrowed 20% to $5.1M. Gross margin jumped to 27%, driven by strong drone and e-mobility demand, including a $24M order from a European drone maker and a multi-year contract with Stark Future. Management raised the full-year revenue guide to at least $140M (from $130M) and gross margin to at least 28% (from 25%), while reiterating net loss below $10M and adjusted EBITDA of at least $4M. This follows a strong Q1 that already showed 153% revenue growth and a return to gross profitability. The raised guidance and margin expansion signal accelerating commercial traction and a clear path toward profitability. With shares at $11.20 and a $1.5B market cap, the beat and raise could drive significant re-rating as the company executes on its high-energy-density battery roadmap.
At the time of this announcement, AMPX was trading at $11.20 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $6.36 to $24.23. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.