Loading…
Amprius Technologies, Inc.
$1.3B
Market Cap
P/E
PEG
-85.7%
ROCE
-50.8%
ROE
0.34
D/E
-63.9%
OPM
-55.5%
% from 52W High
67
α RS
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for AMPX including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Amprius Technologies, Inc. develops, manufactures, and markets lithium-ion batteries for mobility applications.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding AMPX
View All Superinvestors →
Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 359.5K $6.1M 0.01% Mar 2026
Steve Cohen Point72 Asset Management 27.9K $471K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Amprius Q1 2026 revenue $28.5M, up 153% YoY; raises FY guidance to at least $130M.
Revenue & Profitability
Q1 2026 revenue of $28.5 million, up 153% year-over-year and 13% sequentially. Gross profit was $5.7 million (20% gross margin; 22% excluding one month of Colorado costs). Operating loss was $6.7 million. Adjusted EBITDA was -$1.8 million. GAAP net loss was $5 million (-$0.04 per share). The company ended Q1 with $62.4 million cash and no debt. Full-year 2026 revenue guidance raised to at least $130 million, adjusted EBITDA of at least $4 million, and net loss no more than $8 million.
Outlook
Management is bullish on defense and drone markets, citing increased U.S. defense spending and programs like Gauntlet II and Drone Dominance. The addressable lithium-ion battery market in the company's five end markets is estimated at $7 billion in 2026, growing to $13 billion by 2030 and $35 billion by 2035. Tailwinds include push for NDAA-compliant batteries and national security mandates. No specific headwinds were mentioned.
Growth Drivers
Key growth levers include expanding U.S. defense customer base (e.g., Kraus Hamdani Aerospace, AeroVironment, Teledyne FLIR) with new multi-million dollar awards, a $21 million multi-quarter order for light electric vehicles in China, and increasing traction in robotics and space segments. The company is investing in sales and go-to-market teams and adding manufacturing partners in South Korea and the U.S. More than 50% of Q1 shipments went to new customers.
Balance Sheet & CapEx
Capital expenditure in Q1 was $980,000, funded largely through the Defense Innovation Unit contract. Management expects full-year 2026 CapEx to remain below $10 million, also funded by the DIU contract. Investments include increasing capability and capacity at the Fremont prototype line to produce standardized pouch cells. No AI or other infrastructure investments were specifically mentioned.
Margins
Q1 2026 gross margin was 20% (22% excluding one month of Colorado costs), down from 24% in Q4 2025 due to fixed overhead from the SiMaxx product wind-down ($3 million in costs against only $618,000 revenue). Management expects gross margins to improve to 25% for full-year 2026, driven by better U.S. customer mix, supply chain optimization, and growing volume. Adjusted OpEx run rate is expected to top out at $50 million annually. Operating leverage is expected to improve as collections normalize and manufacturing capacity comes online.
Key Risks
Risks discussed include the temporary drag from SiMaxx phase-out (fixed costs) affecting gross margins, the need to manage supply chain logistics to avoid margin leakage, and reliance on manufacturing partners for scaling. No other specific risks were flagged by management or analysts in the Q&A. Forward-looking statements caution about known and unknown risks, uncertainties, and important factors that could cause results to differ materially.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Record Q2 revenue and gross margin improvements driven by strong demand in defense and commercial drone markets, with expanded guidance for 2026. Strategic manufacturing partnerships and new contracts in Europe and e-mobility support growth, while margin and supply chain management remain key focus areas.
Q1 2026 Q1 2026 2026-05-07
Q1 revenue surged 153% year-over-year to $28.5 million, driven by strong SiCore battery adoption and major defense and LEV customer wins. Full-year revenue guidance was raised to at least $130 million, with gross margin targeted at 25% and continued capital structure optimization.
Q4 2025 Q4 2025 2026-03-05
Record 2025 revenue and margin growth were driven by strong demand for silicon anode batteries, expanded customer base, and successful NDAA compliance. 2026 guidance targets $125M+ revenue and positive adjusted EBITDA, with robust cash reserves and a focus on scaling U.S. manufacturing.
Q3 2025 Q3 2025 2025-11-06
Record Q3 revenue grew 42% sequentially and 173% year-over-year, driven by strong demand in aviation and new customer wins. Gross margin improved to 15%, and backlog rose to $53.3 million, with strategic investments supporting future growth and a path to cash flow break-even.
Q2 2025 Q2 2025 2025-08-07
Q2 revenue surged 350% year-over-year to $15.1 million, driven by SiCore battery shipments and new customer wins, with gross margin turning positive. Strong growth in aviation and drone markets, expanded global manufacturing, and a $10.5M DIU contract support a positive outlook.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.