Amprius Technologies Inc (AMPX)
NYSE:AMPX
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.05Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive commercial momentum story — very high revenue growth (Q1 +153% YoY), a raised 2026 revenue target, meaningful defense and commercial customer awards, DIU funding increases, and technical/manufacturing validation — while acknowledging near-term margin pressure and a sizable but managed cash draw tied to working capital, a Colorado lease settlement and legacy product wind-down. Management provided visibility on guidance (revenue, adjusted EBITDA, net loss limits), capital structure actions to reduce future dilution, and a path to recover gross margins as manufacturing capacity and logistics improve. Overall the highlights (strong growth, customer wins, contract expansions and strategic balance-sheet moves) materially outweigh the temporary lowlights (margin step-back, Q1 operating loss and cash consumption).Company Guidance
Strong Revenue Growth and Raised Guidance
Q1 revenue of $28.5M, up 153% year-over-year and 13% sequentially; company raised 2026 revenue guidance to at least $130M (up $5M from prior forecast).
Broad Adoption of SiCore and Defense Customer Wins
Second-generation SiCore silicon-anode cells are gaining adoption across UAS customers; three long-tenured customers achieved large awards (including a $270M potential AF Central contract and a $117M US Army contract for a customer), improving visibility into future SiCore purchase orders.
Significant Commercial Order in Light Electric Vehicles (China)
Secured a $21M multi-quarter purchase order from a leading light electric vehicle customer in China, demonstrating traction in a highly competitive EV market.
Expanded DIU Contract and U.S. Pouch Development
Defense Innovation Unit development contract increased to $18.1M (third increase), funding delivery of multiple cylindrical and pouch silicon-anode cells and supporting U.S. pouch cell prototype capacity; DIU funding expected to help fund 2026 CapEx.
Adjusted EBITDA Improvement Year-over-Year
Q1 adjusted EBITDA was negative $1.8M, an improvement versus negative $5.2M in the same quarter last year, and management continues to expect 2026 adjusted EBITDA of at least $4M.
Strategic Balance Sheet and Capital Structure Actions
Ended Q1 with $62.4M cash and no debt; settled Colorado lease (paid ~$20M) reducing liabilities by $29.8M; announced agreement to convert ~7.1M public warrants into common shares, expected to avoid at least ~$70M of future dilution.
Manufacturing & Technical Validation Progress
Nanotech (U.S. cylindrical CM) validated a 21700 cell (6.8 Ah, ~10% better than comparable cells) and can handle higher discharge (up to 20 A); company has multiple CMs in Korea and progress on NDAA-compliant supplier agreements.
Geographic and Customer Mix Expansion
Cycle (SiCore) represented 97% of product revenue; revenue mix was 58% EMEA, 21% North America (meaningful sequential increase), and 21% Asia Pacific; more than 50% of shipments in Q1 were to new customers, and pack-partner network (~40 partners) is a force multiplier.
Awards & Recognition
Won a CES Innovation Award and was named a TIME Top 100 Greentech company, enhancing external validation and visibility.
AMPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $22.19 | ― | ― |
Mar 04, 2026 | $12.55 | $14.89 | +18.65% |
Nov 06, 2025 | $11.26 | $12.73 | +13.06% |
Aug 07, 2025 | $7.72 | $8.06 | +4.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amprius Technologies Inc (AMPX) report earnings?
Amprius Technologies Inc (AMPX) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Amprius Technologies Inc (AMPX) earnings time?
Amprius Technologies Inc (AMPX) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMPX EPS forecast?
AMPX EPS forecast for the fiscal quarter 2026 (Q2) is -0.02.