Amprius Q4 revenue $10.6M (+170% YoY); full-year revenue $24.2M; net loss $0.10 EPS

Amprius Technologies, Inc.

Q4 product revenue of $10.3M, up 71% sequentially and nearly 1,000% YoY; gross margin improved to -21% from -98% in year-ago quarter.
Full-year GAAP net loss $44.7M ($0.45/shr) vs $36.8M in 2023; ended Q4 with $55.2M net cash and no debt.
Shipped to 98 customers in Q4 (53 new); total 235 customers in 2024; added $16M purchase orders to backlog.
New high-energy, high-power cell (370 Wh/kg, 3,500 W/kg) samples delivered; $15M order secured in Jan 2025 from UAS manufacturer.
Access to 1.8 GWh contract manufacturing capacity; signed two Fortune 500 development agreements in H2 2024.

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