Company Analysis

Amprius Technologies, Inc. (AMPX)

NYSE: AMPX · Miscellaneous Electrical Machinery, Equipment & Supplies · Fremont, CA · filing with the SEC since 2021
Grade5.7
◀ Past 5.2● Present 5.0▶ Future 7.1
1 est.

The grade of Amprius Technologies, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past5.230% of the headline
● Present5.040% of the headline
▶ Future7.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

5 warning events since 2021; the latest 2026-04-21.

weight 33% of this tense · 35th percentile among 43 sector filers · read for itself

From the record

Amprius Technologies, Inc.'s filings since 2021 show 5 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2024-09-20); an auditor change (8-K item 4.01, 2 times, the latest 2026-04-21); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2022-05-17) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.7/10

What has it actually done, year after year?

+126.5% a year over 5 filed years; profitable in 0 of 5.

weight 45% of this tense · 77th percentile among 35 sector filers · read for its customers

From the record

Amprius Technologies, Inc.'s 5 filed years say what it did: revenue went from $3 million in fiscal 2021 to $73 million in fiscal 2025, up 126.5% a year; it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span126.5%top 5% of its family
  • the share of years revenue rosetop 6% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak0.0%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.8/10

How has it treated the people who own it?

SI estimate 2.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 28th percentile among 39 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 28% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 39 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Amprius Technologies, Inc.'s shareholder treatment is put at 2.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 28% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE -42%: lost 42¢ per shareholder dollar. Leverage 34%: owes 34¢ per asset dollar.

weight 45% of this tense · 48th percentile among 39 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Amprius Technologies, Inc. lost about 42 cents for every dollar of shareholders' money, and gross profitability: its products earned about 5 cents per dollar of everything the company owns. Leverage: it owed about 34 cents per dollar of assets, and net share issuance: its share count grew 22.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 23% of its family
  • return on equitytop 49% of its family
  • gross profit against assetsbottom 34% of its family
  • the share count against the year beforebottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 39 in its family; net margin -60.3%.

weight 33% of this tense · 66th percentile among 39 sector filers · read for its customers

From the record

Amprius Technologies, Inc.'s standing among 39 graded names in its industry family: revenue of $73 million in fiscal 2025 ranks in the top 46% by size; a net margin of -60.3% ranks in the top 50%; revenue growth of 154.8% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • revenue against the family$73.0Mtop 46% of its family
  • net margin-60.3%top 50% of its family
  • three-year revenue growth154.8%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.1/10

What are the people in charge doing?

bottom 31% of 24 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 31st percentile among 24 sector filers · read for its shareholders

From the record

Amprius Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Stepien, Thomas M (Chief Executive Officer, as filed), filing under that title since 2026-03-06, 8 months (bottom 15% of its family); most of the 10 officers and directors filing now have filed since the record of its people begins (2022-09-16), a floor of 4.2 years the record cannot see past, so that part is not read; 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 47%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 10 peoplebottom 47% of its family
  • the chief executive's years on the record8 monthsbottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 39 in its family for room to expand.

weight 45% of this tense · 55th percentile among 39 sector filers · read for itself

From the record

Amprius Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $92 million against no long-term debt tagged leaves 58.6% of its assets as net cash, top 1% of its family; cash from operations less capital spending is -48.7% of revenue (bottom 35%); a gross margin of 11.3% (bottom 19%); research spending of 12.9% of revenue (top 32%) (its annual report).

What it rests on

  • cash less debt against assets58.6%top 1% of its family
  • cash from operations less capital spending against revenue-48.7%bottom 35% of its family
  • gross margin11.3%bottom 19% of its family
  • research spending against revenue12.9%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.2/10

What could actually drive growth from here?

top 8% of 35 in its family for growth drivers.

weight 33% of this tense · 92nd percentile among 35 sector filers · read for its customers

From the record

Amprius Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 154.8% a year over the last three filed years against 126.5% over all 5, speeding up (top 5% of its family); the newest year grew 202.3% (top 10%); research spending grew 66.9% a year (top 8%); capital spending grew 43.7% a year (top 11%) (its annual reports). Amprius Technologies, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+28.3 points a yeartop 5% of its family
  • the newest year's revenue growth202.3%top 10% of its family
  • three-year growth of research spending66.9%top 8% of its family
  • three-year growth of capital spending43.7%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.3/10

Did its newest year beat what its own record pointed to?

top 27% of 35 in its family for expectations against reality.

weight 22% of this tense · 73rd percentile among 35 sector filers · read for its shareholders

From the record

Amprius Technologies, Inc.'s newest year against its own record: revenue of $73 million in fiscal 2025 came in 29.1% above the $57 million its prior three years' pace pointed to (top 21% of its family); net income of $44 million against a prior three-year average of $33 million (bottom 47%); a net margin of -60.3% against losses larger than its revenue before (top 7%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace29.1%top 21% of its family
  • net income against the prior three years' average-34%bottom 47% of its family
  • net margin against its prior averageup more than 100 pointstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AMPX · research, not advice