Amprius Technologies, Inc.

NYSE•AMPX

CEO: Dr. Kang Sun Ph.D.

Sector: Industrials

Industry: Electrical Equipment & Parts

Listing Date: 2022-09-15

Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. The company was incorporated in 2008 and is headquartered in Fremont, California.

Contact Information

1180 Page Avenue, Fremont, CA, 94538, United States

800-425-8803

amprius.com

Market Cap

$2.43B

P/E (TTM)

-55.8

45.6

Dividend Yield

52W High

$19.40

52W Low

$1.74

52W Range

95%

Rank51Top 71.3%

3.0

F-Score

Modified Piotroski Analysis

Based on 5-year fundamentals

Weak • 3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2021-2025

Financial Dashboard

Q4 2025 Data

Revenue

$25.23M+0.00%

4-Quarter Trend

EPS

-$0.18+0.00%

4-Quarter Trend

FCF

-$5.85M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth 202% Revenue reached $73.0M USD in 2025, marking a 202% increase from $24.2M USD in 2024.

Gross Profit Achieved Gross profit was $8.3M USD in 2025, flipping from a $(18.3M) USD loss in 2024, achieving 11% gross margin.

Capacity Expansion Secured Access secured to 2.0 GWh annual production capacity through global contract manufacturing, supporting high volume SiCore shipments.

Cash Position Strong Cash and equivalents totaled $90.5M USD as of December 31, 2025, supporting operations and minimal capital investment strategy.

Risk Factors

Reliance on Third Parties Primary reliance on third parties for manufacturing subjects operations to supply chain risks and potential loss of IP control.

Intense Market Competition Battery market is intensely competitive; competitors have significantly greater resources for scaling and R&D investment.

High Operating Expenses Total operating expenses rose 97% to $54.9M USD in 2025, driven by R&D and SG&A increases.

Capital Requirements Risk Requires significant capital for future growth and scaling manufacturing capacity; financing availability remains uncertain for expansion plans.

Outlook

Expand Manufacturing Footprint Expanding Fremont pilot line capacity to 10 MWh scale, accelerated by $14.8M DIU contract funding for prototypes.

Extend Aviation Market Leadership Goal to maintain first-mover advantage in aviation by delivering ultra-high performance battery solutions to tier-one customers.

Develop Next-Generation Cells Continue R&D investment to improve battery life, energy density, and develop larger form factor cells for broader adoption.

Diversify End Markets Plan to adapt aviation technology for larger EV form factors once cycle life and cost targets are met.

Peer Comparison

Revenue (TTM)

NSP

$6.81B

+3.5%

SCS

$3.26B

+3.9%

ENR

$3.00B

+3.4%

Gross Margin (Latest Quarter)

DAC

81.8%

+1.3pp

PBI

55.1%

+0.8pp

CDRE

44.2%

+5.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
KMT	$3.07B	28.2	8.6%	24.8%
AMPX	$2.43B	-55.8	-49.7%	25.4%
DAC	$2.07B	4.2	13.6%	22.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

30.8%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 19, 2026

EPS:-$0.04

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data