Logo

AMPX

Amprius Technologies, Inc.

AMPX

Amprius Technologies, Inc. • NYSE
$11.32 ▲ 4.72% (+0.51)
Market Cap $1.48 B
52w High $16.03
52w Low $1.63
Dividend Yield 0%
P/E -41.93
Volume 2.35M
Outstanding Shares 130.48M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $21.426M ▲ $8.01M ▼ $-3.892M ▲ -18.165% ▲ $-0.031 ▲ $-2.711M ▲
Q2-2025 $15.067M ▲ $8.153M ▲ $-6.37M ▲ -42.278% ▲ $-0.052 ▲ $-5.795M ▲
Q1-2025 $11.284M ▲ $7.31M ▼ $-9.371M ▲ -83.047% ▲ $-0.079 ▲ $-8.428M ▲
Q4-2024 $10.631M ▲ $7.643M ▲ $-11.418M ▼ -107.403% ▲ $-0.098 ▲ $-10.527M ▼
Q3-2024 $7.855M $6.152M $-10.85M -138.129% $-0.098 $-10.389M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $73.224M ▲ $156.472M ▲ $53.28M ▲ $103.192M ▲
Q2-2025 $54.189M ▲ $123.041M ▲ $46.387M ▼ $76.654M ▲
Q1-2025 $48.417M ▼ $118.472M ▼ $48.076M ▼ $70.396M ▲
Q4-2024 $55.155M ▲ $121.125M ▲ $51.653M ▲ $69.472M ▲
Q3-2024 $35.045M $104.207M $48.208M $55.999M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.892M ▲ $-9.246M ▼ $-414K ▲ $28.691M ▲ $19.035M ▲ $-9.66M ▼
Q2-2025 $-5.855M ▲ $-4.265M ▲ $-716K ▲ $10.756M ▲ $5.772M ▲ $-4.981M ▲
Q1-2025 $-9.371M ▲ $-14.126M ▼ $-913K ▼ $8.505M ▼ $-6.538M ▼ $-15.039M ▼
Q4-2024 $-11.418M ▼ $-6.085M ▲ $3.627M ▲ $22.568M ▲ $20.11M ▲ $-2.458M ▲
Q3-2024 $-10.85M $-9.529M $-1.333M $-540K $-11.402M $-10.862M

Five-Year Company Overview

Income Statement

Income Statement Amprius is still very much in the early commercialization phase. Revenue is tiny and has only inched up, while the cost to make and support the product is still higher than what they bring in, leading to negative gross margins. Operating losses and net losses have been consistent for years, reflecting a company focused on development and scaling rather than profitability. There is no sign yet of operating leverage or scale benefits in the historical numbers; the business is currently an R&D and build‑out story, not an earnings story.

Balance Sheet

Balance Sheet The balance sheet shows a small but growing asset base as the company invests in its technology and facilities. Cash is meaningful relative to the company’s size but not large enough to ignore the ongoing need for future funding if losses continue. Debt has appeared but remains moderate, with equity still positive, which suggests some capacity to absorb near‑term losses. Overall, the balance sheet is typical of an early‑stage industrial tech company: asset‑light but gradually building, with a limited cushion that makes execution and access to capital important.

Cash Flow

Cash Flow The company consistently burns cash in its day‑to‑day operations, which is expected given its limited revenue and ongoing investments in people, technology, and commercialization. Free cash flow has been negative every year, and spending on equipment and facilities has recently stepped up as they prepare to scale production. This means the business is currently reliant on external funding sources—equity, debt, or strategic partners—to sustain its growth plans. The key question going forward is whether future production ramp‑up can narrow this cash burn before the cash cushion gets thin.

Competitive Edge

Competitive Edge Amprius has a clearly differentiated technology position in high‑performance batteries, especially for aviation, defense, and other demanding applications. Its silicon‑anode approach offers much higher energy density and strong fast‑charging capabilities, which is a real technical edge versus conventional graphite‑based batteries. A solid patent portfolio, early commercial deployments, and relationships with aircraft manufacturers and defense customers provide a meaningful moat in its chosen niches. The main competitive risk comes from much larger battery players that may try to close the performance gap over time and from Amprius’s own challenge of scaling manufacturing to match its technology promise.

Innovation and R&D

Innovation and R&D Innovation is the core of Amprius’s story. The company has developed two key platforms—one optimized for maximum performance in niche, high‑value uses and another aimed at more scalable, cost‑sensitive markets like electric vehicles. Ongoing R&D is focused on improving cycle life, charging speed, manufacturability, and cost, as well as qualifying products for automotive and other large markets. The planned Colorado facility and next‑generation materials work are crucial: if the company can translate lab and pilot‑scale success into reliable, large‑scale production, its technology could become far more widely adopted; if not, the heavy R&D and capex may weigh on results for a long time.

Summary

Amprius is an early‑stage, high‑technology battery company with impressive performance claims but very limited current revenue and persistent losses. Financially, it looks like a classic pre‑scale industrial innovator: small balance sheet, ongoing cash burn, and dependence on external capital to fund growth. Strategically, it holds a strong technological position and valuable partnerships in specialized markets where its product advantages are most meaningful. The company’s future will largely hinge on flawless execution in ramping production, securing larger commercial contracts (especially in EVs and aerospace), and managing its cash and capital needs while it moves from proof‑of‑concept to true scale.

NEWS

November 12, 2025 · 8:30 AM UTC

Amprius Strengthens Global Partnerships with Launch of the Amprius Korea Battery Alliance

Read more

November 6, 2025 · 4:05 PM UTC

Amprius Technologies Reports Third Quarter 2025 Business and Financial Results

Read more

October 23, 2025 · 8:30 AM UTC

Amprius Technologies Announces Date for Third Quarter 2025 Results and Business Updates

Read more

October 14, 2025 · 8:30 AM UTC

Amprius' High-Power Silicon Batteries Selected by ESAero to Power Next-Generation UAVs

Read more

October 6, 2025 · 8:30 AM UTC

Amprius Technologies Appoints Ricardo C. Rodriguez as Chief Financial Officer

Read more