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Amprius Technologies (AMPX) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 20, 2025

Amprius Technologies (AMPX) reported revenue of $10.6M for the fourth quarter 2024 (Q4 2024), +170% from a year earlier and +35% from the quarter before. Operating margin was -110.6%, net loss $11.4M (107.4% of revenue).

Revenue$10.6M
Year over year+170%
Quarter over quarter+35%
Operating margin-110.6%
Net earnings−$11.4M

Amprius Technologies, Q4 2024: revenue $10.6M (+170% year over year), operating margin -110.6%, net loss $11.4M, operating cash flow −$6.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$10.6M+35%+170%
Operating profit−$11.8M——
Net earnings−$11.4M——
Operating cash flow−$6.1M——

What changed

Revenue was $10.6M in Q4 2024, up 170% year over year and up 35% from the previous quarter.

Operating costs exceeded revenue by $11.8M, an operating margin of -110.6%. Total costs grew 64% against revenue growth of 170%. The fastest-growing cost line was Research & development (+77%). The quarter ended with a net loss of $11.4M, wider than the previous quarter's $10.8M loss.

Operating cash flow was −$6.1M. Non-cash charges added back $891K of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of −$3.6M exceeded it, leaving free cash flow of −$2.5M.

Questions

What was Amprius Technologies' revenue in the fourth quarter 2024?

Amprius Technologies (AMPX) reported revenue of $10.6M for the fourth quarter 2024 (Q4 2024), +170% from a year earlier and +35% from the quarter before.

Was Amprius Technologies profitable in the fourth quarter 2024?

Operating loss was $11.8M (-110.6% of revenue) and net loss $11.4M.

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Source: Amprius Technologies 10-K on SEC EDGAR.