Amprius Technologies, Inc. reported significant financial growth in its latest quarterly filing, with revenues reaching $15.1 million for the three months ended June 30, 2025, a 350% increase from $3.3 million in the same period last year. For the six months ending June 30, 2025, revenue totaled $26.4 million, up 364% from $5.7 million in the prior year. The surge in revenue was primarily driven by increased sales of the company's SiCore batteries, which accounted for a substantial portion of the growth, alongside a rise in customization design services and government grants.
Despite the revenue increase, Amprius reported a net loss of $6.4 million for the second quarter, a 49% improvement compared to a net loss of $12.5 million in the same quarter of 2024. The company’s total operating expenses also rose, with research and development costs increasing by 30% to $2.2 million and selling, general, and administrative expenses rising by 26% to $6.0 million. The overall loss from operations decreased to $6.8 million from $12.9 million year-over-year, indicating improved operational efficiency.
Operationally, Amprius has expanded its customer base significantly, engaging with over 360 customers and shipping to 93 during the quarter, including 43 new customers. The company has also entered into strategic agreements to enhance its manufacturing capabilities, including a contract with a leading battery manufacturer in South Korea, which is expected to support the production of high-performance SiCore cells. Additionally, Amprius is working on expanding its manufacturing capacity in Fremont, California, with support from a $10.5 million contract awarded by the U.S. Government Defense Innovation Unit.
As of June 30, 2025, Amprius had cash and cash equivalents of $54.2 million, which the company believes will be sufficient to fund its obligations for at least the next twelve months. The company has also entered into an At Market Issuance Sales Agreement, allowing it to raise up to $100 million through the sale of common stock, with approximately $46.7 million remaining available under this agreement. Looking ahead, Amprius anticipates continued investment in research and development to enhance its product offerings and expand its market presence, while also navigating the challenges of scaling production and managing operational costs.
About Amprius Technologies, Inc.
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