NEW YORK, March 5, 2026, 05:53 EST
- Amprius sees 2026 revenue of at least $125 million, with net loss under $8 million and adjusted EBITDA at least $4 million.
- Fourth-quarter revenue rose to $25.2 million; gross margin was 24% and adjusted EBITDA turned positive for the first time.
- Results included a $22.5 million impairment tied to a Colorado facility; year-end cash was $91.9 million. 1
Amprius Technologies forecast 2026 revenue of at least $125 million and said it expects its net loss to shrink to below $8 million, lifting shares about 8% in premarket trading on Thursday. The silicon-anode battery maker also sees positive adjusted EBITDA — a profit proxy that strips out interest, tax and non-cash items — after posting its first positive quarterly adjusted EBITDA in the fourth quarter. 2
For small battery developers, guidance like that can matter more than the quarter that just ended. Many are still proving they can scale cells at decent margins, not just in the lab.
Amprius makes lithium-ion cells that use silicon in the anode — the battery’s negative electrode — to pack more energy than conventional graphite designs, a tradeoff that can be hard on cycle life. Its products target drones and aviation, where customers pay up for lighter packs. 3
The quarter’s GAAP loss included a $22.5 million impairment — an accounting write-down — tied to a Colorado facility, and Amprius said it ended the lease as it shifted to a “capital-light” model that relies on contract manufacturers. The company highlighted an expanded Defense Innovation Unit deal for NDAA-compliant drone batteries — meeting sourcing rules under the U.S. National Defense Authorization Act — and a selection by Nokia Drone Networks. CEO Tom Stepien said 2025 brought “meaningful commercial progress”, while CFO Ricardo Rodriguez called 2026 a “step function in growth and profitability.” 4
A Form 8-K filed with the Securities and Exchange Commission attached the results release as an exhibit. 5
Adjusted for the impairment, Amprius lost 1 cent per share in the quarter, beating analysts’ average call for a 4-cent loss, according to an Associated Press summary of Zacks data. The same report put the revenue estimate at about $23.1 million. 6
Stepien and Rodriguez are due to meet investors at the Cantor Global Technology Conference in New York on March 10-11 and a Roth conference later in the month, the company said. CTO Ionel Stefan is also slated to speak at the International Battery Seminar in Orlando. 7
The update comes as next-gen battery names jostle for attention, with silicon-anode peer Enovix and solid-state developers QuantumScape and Solid Power all promising higher energy density than standard lithium-ion packs. Big cell makers are also pushing incremental gains, leaving startups little room for missed deadlines.
But Amprius’ outlook depends on its partners hitting yields and on customers turning pilot runs into repeat, higher-volume orders. Any slip in quality, a delay in component sourcing or a demand wobble could blunt the 2026 targets.
Management is set to walk through the numbers on a conference call at 8:30 a.m. ET on Thursday. Investors will listen for how much of the 2026 revenue goal is already locked in and what it takes to keep capex low. 8
