Amprius Technologies Reports Record Q3 2026 Revenue and Raises Full-Year Guidance
Amprius Technologies (AMPX) reported record third-quarter revenue of $39.1 million, driven by strong demand for high-energy-density batteries in the aviation, defense, and advanced mobility sectors. The company significantly improved its gross margin to 26.9%, up from 15% in the prior year, despite facing freight headwinds that accounted for 11% of revenue due to expedited air shipments. Bolstered by a growing order book, management raised its full-year 2026 revenue guidance to $145 million. The company also secured a $75 million contract from the U.S. Department of War to retrofit a domestic lithium-ion production line, which is expected to reach an annual capacity of 12 million cells by early 2028. While adjusted EBITDA guidance was lowered to reflect increased operating investments, Amprius maintains a strong liquidity position with $60.7 million in cash and zero debt.
Topics: battery technology government contract gross margin improvement guidance raise revenue growth