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Amprius Technologies (AMPX) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 8, 2025

Amprius Technologies (AMPX) reported revenue of $11.3M for the first quarter 2025 (Q1 2025), +383% from a year earlier and +6% from the quarter before. Operating margin was -85.7%, net loss $9.4M (83.0% of revenue).

Revenue$11.3M
Year over year+383%
Quarter over quarter+6%
Operating margin-85.7%
Net earnings−$9.4M

Amprius Technologies, Q1 2025: revenue $11.3M (+383% year over year), operating margin -85.7%, net loss $9.4M, operating cash flow −$14.1M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$11.3M+6%+383%
Operating profit−$9.7M——
Net earnings−$9.4M——
Operating cash flow−$14.1M——

What changed

Revenue was $11.3M in Q1 2025, up 383% year over year and up 6% from the previous quarter.

Operating costs exceeded revenue by $9.7M, an operating margin of -85.7%. Total costs grew 66% against revenue growth of 383%. The fastest-growing cost line was Cost of revenue (+101%). The quarter ended with a net loss of $9.4M, narrower than the previous quarter's $11.4M loss.

Operating cash flow was −$14.1M. Non-cash charges added back $943K of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $7.5M. Capital expenditures of $913K exceeded it, leaving free cash flow of −$15.0M.

Questions

What was Amprius Technologies' revenue in the first quarter 2025?

Amprius Technologies (AMPX) reported revenue of $11.3M for the first quarter 2025 (Q1 2025), +383% from a year earlier and +6% from the quarter before.

Was Amprius Technologies profitable in the first quarter 2025?

Operating loss was $9.7M (-85.7% of revenue) and net loss $9.4M.

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Source: Amprius Technologies 10-Q on SEC EDGAR.