Amprius Technologies, Inc. reported significant financial growth in its latest quarterly filing, with revenues reaching $21.4 million for the three months ended September 30, 2025, a 173% increase from $7.9 million in the same period last year. For the nine months ending September 30, 2025, revenue surged to $47.8 million, up 253% from $13.5 million in the prior year. The increase was primarily driven by a substantial rise in sales of SiCore batteries, reflecting both new customer acquisitions and increased order volumes. Despite the revenue growth, the company reported a net loss of $3.9 million for the quarter, a notable improvement from a loss of $10.9 million in the same period last year, and a loss of $19.6 million for the nine months, down from $33.3 million.
Operationally, Amprius has expanded its customer base significantly, with over 400 total customer engagements and shipments to 159 end customers, including 80 new customers in the latest quarter. The company has also made strides in its manufacturing capabilities, entering into supply agreements with global contract manufacturers to support the production of SiCore batteries. As of September 30, 2025, Amprius had access to an annual production capacity of over 1.8 GWh of SiCore batteries, which are designed for various applications, including aviation and electric vehicles.
The company’s balance sheet showed a strong liquidity position, with cash and cash equivalents totaling $73.2 million as of September 30, 2025, compared to $55.2 million at the end of 2024. This liquidity is expected to support Amprius's operational needs for at least the next twelve months. The company has also engaged in an At Market Issuance Sales Agreement, allowing it to raise up to $100 million through the sale of common stock, with approximately $20.1 million remaining available under this agreement as of the reporting date.
Looking ahead, Amprius plans to continue investing in its manufacturing capacity and product development, particularly in response to the growing demand for high-performance batteries. The company is also focused on expanding its market presence and enhancing its product offerings to meet evolving customer needs. However, it acknowledges the challenges posed by competition in the battery market and the need for ongoing capital to support its growth initiatives. The company remains committed to scaling its operations while navigating the complexities of the current economic and regulatory landscape.
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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