Filing Flows › Amprius Technologies (AMPX) › Q1 2026
Amprius Technologies (AMPX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Amprius Technologies (AMPX) reported revenue of $28.5M for the first quarter 2026 (Q1 2026), +153% from a year earlier and +13% from the quarter before. Operating margin was -23.4%, net loss $5.0M (17.7% of revenue).
Amprius Technologies, Q1 2026: revenue $28.5M (+153% year over year), operating margin -23.4%, net loss $5.0M, operating cash flow −$37.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.5M | +13% | +153% |
| Operating profit | −$6.7M | — | — |
| Net earnings | −$5.0M | — | — |
| Operating cash flow | −$37.3M | — | — |
What changed
Revenue was $28.5M in Q1 2026, up 153% year over year and up 13% from the previous quarter.
Gross margin was 20.1%. Operating costs exceeded revenue by $6.7M, an operating margin of -23.4%. The fastest-growing cost line was Research & development (+90%). The quarter ended with a net loss of $5.0M, narrower than the previous quarter's $24.4M loss. Non-operating items added $1.6M, -33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$37.3M. Non-cash charges added back $761K of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $35.0M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$38.3M.
Questions
What was Amprius Technologies' revenue in the first quarter 2026?
Amprius Technologies (AMPX) reported revenue of $28.5M for the first quarter 2026 (Q1 2026), +153% from a year earlier and +13% from the quarter before.
Was Amprius Technologies profitable in the first quarter 2026?
Operating loss was $6.7M (-23.4% of revenue) and net loss $5.0M.