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Amprius Technologies Inc

amprius.com

What Do They Do?

Sells lithium-ion batteries built with silicon anodes to aviation, ground-vehicle and marine-vehicle customers, including drone and aircraft users.

How Do They Make Money?

Earns revenue by selling finished battery products and providing custom battery design and development using existing technology to meet customer specifications.

revenue
SegmentShareRevenue
Sale of battery products
100%
FY2022: 53%
Customization design services
0.5%
FY2022: 42%

Who Are Their Customers?

Customers include aviation businesses and defense organizations, with batteries used in drones and other aircraft. Sales go to customers inside and outside the United States, including a significant portion in Europe.

Do Revenues Turn Into Profits?

No. It lost $44M in FY2025.

Operating income, FY2025
−64% of revenue
▲ +1% (Loss) vs FY2024 (−$46.3M, −191%)
Net income, FY2025
−60% of revenue
▼ −1% (Loss) vs FY2024 (−$44.7M, −185%)
Free cash flow, FY2025
−49% of revenue
▼ −3% (Loss) vs FY2024 (−$36.6M, −151%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +126%
vs $15.1M in Q2 FY2025
Sale of battery products share of revenue vs 97.8% in Q2 FY2025
  • Aug 4, 2026 Raises revenue outlook and announces customer agreements Raised revenue outlook to at least $140 million; announced a $24.0 million drone-cell order and a Stark Future multi-year supply agreement expected to exceed $100 million.
  • Apr 21, 2026 Replaces its independent audit firm Deloitte was engaged to audit 2026 financial statements after BDO was dismissed; the company reported no disagreements or reportable events.

Growing. Revenue grew 26.3x in 4 years, from $2.8M in FY2021 to $73M in FY2025, about 127% a year.

Manufacturing approach The older report described manufacturing at Fremont and plans for a large-scale facility; the latest describes using global contract manufacturers for SiCore and terminating the Brighton lease.

SiCore product platform The older report described its commercially produced silicon-anode battery generally; the latest identifies SiCore as a commercial platform developed with Berzelius.

Revenue over time
Sale of battery products Customization design services Other revenue – government grant Sale of batteries
$100M$50M$0

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