Amprius Earnings Reports

Amprius delivered $10.63 million in revenue for Q4 2024, representing a 170% year-over-year increase. The company achieved record product shipments, with 77% of revenue coming from outside the United States. Although the company reported a net loss of $11.42 million, gross margin significantly improved compared to the previous year, reflecting the ramp-up of higher-margin product lines.

Amprius Technologies reported a record-breaking third quarter with significant revenue growth driven by SiCore product and expansion in both aviation and light electric vehicle industries. The company more than doubled its revenue from the previous quarter and engaged with 53 new customers. They also expanded their market participation to the light electric vehicle segment and signed engagements with Fortune 500 industrial leaders.

Amprius finished Q2 2024 with $3.3 million in revenue, driven by a 105% year-over-year increase in product revenue, and expanded manufacturing capabilities. The company shipped to 56 customers, including 24 new ones, and logged $7.6 million in new sales orders. However, the gross margin was negative 195%, and the GAAP net loss was $12.5 million, or $0.13 per share.

Amprius Technologies reported a 397% year-over-year increase in product revenue, driven by a doubling of customer shipments. The company continues to focus on scaling production capacity and innovating its battery technology with the SiCore platform launch.

Amprius Technologies reported Q4 2023 revenue of $3.9 million, a significant increase compared to the same quarter last year. The company made substantial progress in advancing its silicon anode battery technology, winning new customers, and expanding its production capacity. Amprius is focused on constructing its GWh-scale facility in Brighton, Colorado, and optimizing its SiMaxx production process in Fremont.

Amprius Technologies reported a revenue of $2.8 million for the third quarter of 2023, marking a $2.0 million increase compared to the same quarter last year. The increase was driven by product revenue and development services. The GAAP net loss for the quarter was $8.5 million, or a net loss of $0.10 per share. The company ended the quarter with $53.4 million in cash and no debt.

Amprius Technologies reported $1.6 million in revenue for the second quarter of 2023, a $0.9 million increase compared to the prior year period. The company's GAAP net loss for the quarter was $9.4 million, or a net loss of $0.11 per share. Amprius ended the quarter with $65.0 million in cash and is focused on expanding production capacity and securing customer commitments.

Amprius Technologies reported Q1 2023 revenue of $0.7 million, a decrease compared to $2.1 million in Q1 2022. The company experienced a GAAP net loss of $9.1 million, or $0.11 per share. Despite the revenue decrease and net loss, Amprius made advancements in technology with a new 500 Wh/kg battery platform, expanded its commercial relationships, and progressed with its production capacity expansion plans, including leasing a site in Brighton, Colorado for a large-scale production facility.

Amprius Technologies reported Q4 2022 revenue of $0.792 million and a net loss of $6.056 million. The company made progress in technology advancements, expanded its customer base, and progressed towards commercial scale manufacturing, including the selection of Brighton, Colorado for its new gigawatt facility.