Amprius Technologies, Inc. reported significant financial growth in its latest quarterly filing, with revenues reaching $28.5 million for the three months ended March 31, 2026, a 153% increase from $11.3 million in the same period last year. This surge in revenue was primarily driven by a $17.4 million increase in sales of SiCore batteries, attributed to a growing customer base and higher order volumes. The company also reported a gross profit of $5.7 million, compared to a loss of $2.4 million in the prior year, marking a substantial turnaround in profitability.
Despite the positive revenue growth, Amprius experienced an increase in operating expenses, which rose by 70% to $12.4 million, driven by higher research and development costs and increased personnel-related expenses. The net loss for the quarter was $5.0 million, a 46% improvement from the $9.4 million loss reported in the same quarter of 2025. The company’s accumulated deficit now stands at $223.4 million, reflecting ongoing investments in scaling operations and product development.
Operationally, Amprius has made strategic moves to enhance its manufacturing capabilities. The company has entered into supply agreements with global contract manufacturers and is expanding its facility in Fremont, California, to increase production capacity for its SiCore batteries. As of March 31, 2026, Amprius had access to over 2.0 GWh of annual production capacity through these partnerships. The company also terminated a lease for a facility in Brighton, Colorado, incurring a one-time payment of $20 million, which it believes will streamline operations and reduce costs.
Geographically, Amprius has seen a notable increase in revenue from various regions, with North America contributing $6.1 million, EMEA $16.5 million, and APAC $6.0 million. The company has shipped over 5.9 million battery cells since its inception, indicating strong product adoption and customer engagement. As of the end of the reporting period, Amprius had 141.6 million shares of common stock outstanding and continues to explore additional funding options to support its growth trajectory.
Looking ahead, Amprius anticipates continued investment in research and development to enhance its battery technology and expand its market presence. The company expects to incur additional losses as it scales operations and increases its workforce to meet growing demand. Amprius remains focused on optimizing its manufacturing processes and expanding its customer base, while navigating the challenges posed by a competitive market and global economic uncertainties.
About Amprius Technologies, Inc.
Amprius Technologies, Inc. develops and manufactures high-performance lithium-ion batteries featuring proprietary silicon anode technology for mobility applications, including aviation, electric vehicles, and light electric vehicles. Its SiCore and SiMaxx battery platforms offer superior energy density, power, and fast charging compared to conventional graphite batteries. Serving aerospace, defense, and emerging electric transportation markets, Amprius leverages patented silicon nanowire anodes and scalable manufacturing to deliver lightweight, durable batteries optimized for demanding environments.
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