Amprius Technologies, Inc. (AMPX) Earnings
Amprius Technologies, Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $-0.03. AMPX has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +15.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $-0.02 | $-0.04 | -100.0% | $29M | +10.9% |
| Mar 5, 2026 | $-0.04 | $-0.01 | +73.7% | $25M | +10.1% |
| Nov 6, 2025 | $-0.06 | $-0.03 | +50.0% | $21M | -6.7% |
| Aug 7, 2025 | $-0.08 | $-0.05 | +37.5% | $15M | +21.4% |
| May 8, 2025 | $-0.09 | $-0.08 | +11.1% | $11M | -1.0% |
| Mar 20, 2025 | $-0.11 | $-0.10 | +9.1% | $10M | +23.8% |
| Nov 7, 2024 | $-0.11 | $-0.10 | +9.1% | $8M | +10.0% |
| Aug 8, 2024 | $-0.11 | $-0.13 | -18.2% | $3M | -5.2% |
| May 9, 2024 | $-0.11 | $-0.11 | +0.0% | $2M | +30.6% |
| Mar 21, 2024 | $-0.12 | $-0.11 | +8.3% | $4M | +45.7% |
| Nov 9, 2023 | $-0.13 | $-0.10 | +23.1% | $3M | +319.0% |
| Aug 10, 2023 | $-0.11 | $-0.11 | +0.0% | $2M | +218.4% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
CEO Tom Stepien highlighted the company's battery advantage compared to standard graphite batteries, like espresso vs drip coffee. Second generation Sycor silicon anode batteries gaining adoption in UAS customers, with three Ampris customers receiving multi-million dollar awards. Won $21 million purchase order from Chinese light electric vehicle customer. Ongoing project with U.S. Defense Innovation Unit increased to $18.1 million. Named top 100 green tech company by Time and won CES Innovation Award. Increased 2026 revenue guidance to at least $130 million.
Guidance
Increased 2026 full-year revenue guidance to at least $130 million, $5 million above previous forecast. Expect reacceleration of sequential top line growth in June quarter. 2026 adjusted EBITDA expected to be at least $4 million, net loss no more than $8 million or less than $0.06 per share. Capex to ramp up in 2026 but remain below $10 million, funded by DIU contract.
Segment performance
First quarter revenue was $28.5 million, up 2.5X year over year and 13% sequentially. Sitecore product line contributed 97% of product revenue. Revenue from Europe, Middle East, and Africa was 58%, North America 21%, Asia Pacific 21%. Q1 gross profit was $5.7 million, gross margin 20%; Q1 operating loss was $6.7 million, adjusted EBITDA negative $1.8 million.
Risks & headwinds
Known and unknown risks, uncertainties, and factors that may cause results to differ from forward-looking statements, including those related to manufacturing capacity, cost structure, market competition, and compliance.
Analyst Q&A
Q: Colin Rush asked about customer volumes and mobile robot opportunities.
A: Tom Stepien said they're in early days, seeing big bill dollars, adding people to the team, and having good discussions in robotics with revenue expected later in the year.
Q: Mark Shooter asked about U.S. military conversations.
A: Tom Stepien said they're seeing flow in, close with the drone community, and emphasize longer loitering time. Ricardo Rodriguez discussed warrant transaction strategy.
Q: Derek Soderberg asked about attach rate and gross margin.
A: Tom Stepien and Ricardo Rodriguez discussed attach rate, timing of POs, and steps to reach 25% gross margin in the second half.
Q: Austin Bolig asked about customer base.
A: Tom Stepien said customer base is robust, with over 50% shipments to new customers, and scalability through pack partners.
Q: Ryan Fingst asked about Nanotech and defense budget.
A: Tom Stepien discussed progress with Nanotech, ongoing discussions with U.S. manufacturing partners, and defense budget benefits for UAS.
Q: Eric Stein asked about NDAA compliance suppliers.
A: Tom Stepien said progress on suppliers, DIU funding, and progression on track.
Q: Chip Moore asked about standardizing cells and mobility.
A: Tom Stepien discussed standardized pouch cells and mobility applications in LEVs, robotics, etc.
Q: Ted Jackson asked about Fremont plant and battery pack partners.
A: Tom Stepien discussed asset impairment and battery pack partners, with 40+ PAC partners and their role in revenue growth.
Q: Ahmed Dayal asked about pouch cell performance and U.S. non-drone defense.
A: Tom Stepien and Ricardo Rodriguez discussed pouch cell advantages and standardization for non-drone defense opportunities.