Amprius Technologies’ Earnings Call Highlights Growth and Innovation

Amprius Technologies Inc ((AMPX)) has held its Q2 earnings call. Read on for the main highlights of the call.

Amprius Technologies Inc. recently held an earnings call that highlighted a positive sentiment overall, driven by significant revenue growth, a positive gross margin, and strategic expansions. Despite an increase in operating expenses and a net loss, the company’s promising developments and future potential were emphasized, painting an optimistic picture for stakeholders.

Record Revenue Growth

Amprius reported an impressive $15.1 million in Q2 revenue, marking a 34% increase from Q1 and a staggering 350% increase from Q2 2024. This growth was primarily fueled by a more than 450% increase in SiCore shipments, showcasing the company’s robust market demand and effective sales strategy.

Positive Gross Margin Achieved

The company achieved a positive gross margin of 9% for the quarter, a significant improvement from the negative 21% in Q1 2025 and negative 195% in Q2 2024. This turnaround highlights Amprius’ successful cost management and operational efficiency improvements.

New Product Launch and Customer Engagement

Amprius introduced the SA102 product, boasting record-setting energy density, and shipped it to 93 customers, including 43 new ones. The company’s participation in Amazon’s Climate Tech Accelerator further underscores its commitment to innovation and expanding its customer base.

Contract Manufacturing Expansion

The establishment of a contract manufacturing agreement with a leading battery manufacturer in South Korea marks a strategic move to enhance geographic diversification and production capacity, positioning Amprius for further growth.

Government Support and Strategic Initiative

Amprius secured a $10.5 million contract with the U.S. Government’s Defense Innovation Unit, aimed at expanding manufacturing capabilities in Fremont. This support underscores the strategic importance of Amprius’ technology and its potential impact on national defense.

Operating Expenses Increase

Operating expenses rose to $8.2 million, reflecting a 12% increase from Q1 2025 and a 27% increase from the previous year. While this indicates higher costs, it also suggests ongoing investment in growth and development.

Net Loss

Despite reporting a GAAP net loss of $6.4 million, or negative $0.05 per share, Amprius showed improvements from prior quarters, indicating a trajectory towards financial stability.

Forward-Looking Guidance

Looking ahead, Amprius Technologies is focused on scaling production through contract manufacturing, with over 1.8 gigawatt-hours of capacity available. The company plans to continue driving growth through technological innovation and customer engagement. With a strong cash position of $54.2 million and no debt, Amprius is well-positioned to execute its strategic initiatives and capitalize on emerging opportunities.

In summary, Amprius Technologies’ earnings call conveyed a positive outlook, with significant revenue growth and strategic advancements. While challenges remain, the company’s focus on innovation, customer engagement, and operational efficiency positions it well for future success.