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AMPX-WT

Amprius Technologies, Inc.

AMPX-WT

Amprius Technologies, Inc. • NYSE
$4.24 ▲ 2.91% (+0.12)
Market Cap $1.99 B
52w High $4.84
52w Low $3.88
Dividend Yield 0%
P/E -10.93
Volume 40.18K
Outstanding Shares 470.26M

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 an early‑stage, development‑focused business. Revenue so far is tiny and not enough to cover even basic operating costs. The company has been recording steady losses each year, and those losses have grown as it invests more in people, technology, and scaling up production. Margins remain deeply negative, which is normal for a company commercializing new hardware technology but means profitability is not yet in sight. In practical terms, the income statement tells a story of a company focused on building future capacity rather than generating current earnings.

Balance Sheet

Balance Sheet The balance sheet shows a small but growing asset base, with a meaningful portion held in cash. That suggests the company has raised capital to fund its plans rather than relying on internally generated profits. Debt has started to appear but is not yet dominant, while shareholder equity remains positive, indicating that the company still has a financial cushion. Overall, the balance sheet looks typical for a young, capital‑intensive technology manufacturer: asset‑light today, ramping up for larger facilities, and reliant on outside funding to grow.

Cash Flow

Cash Flow Cash flow is consistently negative, especially from day‑to‑day operations, reflecting ongoing cash burn to support research, staffing, and early manufacturing. Free cash flow is also negative, and there has been extra outflow tied to investment in production capacity, such as new facilities and equipment. This pattern means the business depends on external financing—equity, debt, or partnerships—to sustain operations until it reaches a larger scale. The main risk here is execution: the company needs to ramp revenue and manufacturing efficiently before cash resources become strained.

Competitive Edge

Competitive Edge Amprius holds a differentiated spot in the battery space, focused on high‑performance applications where energy density and weight matter more than cost alone. Its patented silicon nanowire anode technology, long testing history, and relationships with demanding aerospace and defense customers give it a technical and credibility edge that many early‑stage battery firms lack. At the same time, it operates in a fiercely competitive, fast‑moving global battery market, where large incumbents and well‑funded startups are all pursuing next‑generation chemistries. Winning will depend on how quickly and reliably Amprius can scale production, maintain its performance lead, and convert pilot programs into long‑term, high‑volume contracts.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of Amprius’s identity. The company has spent years developing its silicon nanowire anode platform, backed by a sizeable patent portfolio. It now offers two main product families: one aimed at ultra‑high performance uses like drones, high‑altitude aircraft, and advanced aviation; and another aimed at more scalable, cost‑sensitive markets such as electric mobility. The planned gigawatt‑scale factory and exclusive material supply arrangements suggest a serious push from lab‑scale innovation to industrial production. The opportunity is substantial if the technology proves durable and scalable, but there is also standard technology risk: manufacturing at scale may be more complex, costly, or slower than expected.

Summary

Overall, Amprius looks like a high‑risk, high‑potential early‑stage technology manufacturer rather than a mature industrial company. Financially, it is pre‑profit, with minimal revenue, ongoing losses, and negative cash flow as it funds R&D and new factories. Strategically, it has a compelling technological story, strong intellectual property, and early traction with demanding customers, especially in aerospace and defense. The key watchpoints are its ability to scale manufacturing in Colorado on time and on budget, maintain its performance advantage as rivals advance, broaden into electric mobility markets, and manage its cash position as it grows. Outcomes could vary widely depending on execution, market adoption, and the pace of industry change.