Battery maker Amprius Q2 revenue more than doubles, beats estimates on drone, e-mobility demand

Amprius Technologies

04/08/2026 21:36

Overview
US battery maker's Q2 revenue more than doubled yr/yr, beating analyst expectations
Company's net loss narrowed 20% yr/yr, aided by improved gross margin and higher sales
Amprius raised 2026 revenue outlook to at least $140 mln

Outlook
Amprius raises 2026 revenue outlook to at least $140 mln, up from at least $130 mln
Company lifts 2026 gross margin guidance to at least 28%, from at least 25%
Amprius reiterates 2026 targets for net loss below $10 mln and adjusted EBITDA of at least $4 mln

Result Drivers
DRONE AND E-MOBILITY DEMAND - Co said strong demand across drone and e-mobility markets drove revenue growth
NEW CUSTOMER ORDERS - $24 mln order from European drone maker and multi-year contract with Stark Future contributed to sales
GROSS MARGIN EXPANSION - Higher sales volume and improved operational leverage led to gross margin rising to 27%

Company press release: ID:nBw5t8Xqba

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$34 mln
$29.30 mln (11 Analysts)
Q2 Loss Per Share
 
$0.04
 
Q2 Net Loss
 
$5.1 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Amprius Technologies Inc is $23.00, about 127.3% above its August 3 closing price of $10.12

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)