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Amprius Technologies
Amprius Technologies (AMPX) investor relations material
Amprius Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Mar, 2026
Executive summary
Achieved record revenue and gross margin growth in 2025, with annual revenue rising from $24.2M to $73.0M and Q4 revenue up 137% to $25.2M, driven by broad adoption of second-generation silicon anode batteries and new customer wins like Nokia Drone Networks.
Gross margin improved to 24% in Q4 2025, up from 11% in Q4 2024, reflecting operational leverage and higher demand.
Expanded customer base to over 550, with more than 100 new customers added in Q4 and commercial integration of SiCore into Nokia Drone Networks.
Fully exited the Colorado facility, settled $110M+ lease and expense obligations for $20M, and transitioned to a fabless, capital-light manufacturing model.
Entered 2026 with a strong balance sheet and no debt, supported by ATM offering and warrant exercises.
Financial highlights
Q4 2025 revenue reached $25.2M, up 137% year-over-year; full-year revenue was $73.0M, tripling 2024 levels.
Q4 gross margin improved to 24%, up 9 percentage points sequentially and 45 points year-over-year; full-year gross margin was 11%, up from -76% in 2024.
Adjusted EBITDA for Q4 was $1.8M; annual adjusted EBITDA loss was reduced by 77% year-over-year to -$5.3M, excluding Colorado one-time costs.
Q4 operating loss was $25.4M, including a $22.5M one-time charge; adjusted Q4 net loss was $1.9M.
Ended 2025 with $91.9M in cash and no debt.
Outlook and guidance
2026 revenue guidance is at least $125M, with positive adjusted EBITDA of at least $4M and a projected net loss below $8M ($0.06 per share).
CapEx for 2026 expected to be under $10M, mostly funded by a $14.8M DIU contract.
Targeting over $600M in contracted capacity and 30%+ gross margins by 2030, with EBITDA margins of at least 20%.
How does capital-light model enable scale
How does NDAA compliance impact market share?
What drives 2026 positive Adjusted EBITDA?
Next operational steps for NDAA-compliant scale?
How to convert new customers to high-volume orders?
Key drivers for 2030 revenue and margin targets?
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Next Amprius Technologies earnings date
The 38th Annual Roth Conference23 Mar, 2026
Amprius Technologies
Next Amprius Technologies earnings date
The 38th Annual Roth Conference23 Mar, 2026
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Frequently asked questions
Amprius Technologies Inc. is active in the development and manufacturing of high-energy and high-capacity lithium-ion batteries, known for producing some of the industry’s highest energy density cells. Established in 2008, the company has carved a niche in the battery industry with its pioneering silicon anode technology. This innovation enables the production of batteries that offer significant improvements in energy density and battery performance compared to conventional lithium-ion batteries. Amprius' products are primarily utilized in mobility applications, including emerging aviation technologies such as unmanned aerial systems, drones, and high-altitude pseudo satellites, addressing the increasing demand for efficient and reliable power sources in these sectors. The company is headquartered in Fremont, California, and its shares are listed on the stock exchange.
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