Slide 1: Q4 and FY 2025 Financial Results
March 5, 2026 Q4 A ND F Y 2 0 2 5 F INA NCI A L R E S ULT S
Slide 2: Disclaimer on Forward Looking Statements
Disclaimer on Forward Looking Statements This presentation and any related discussion contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to be materially different from
Slide 3: Q4 2025 and Recent Highlights
Q4 2025 and Recent Highlights In 2025, Amprius demonstrated SiCore's commercial potential, while posting accelerating profitable growth. 2025 Quarterly Revenue and Annual Revenue and Gross Margin1 Commercial Gross Margin1 $ in Millions $ in Millions Gross Margin +18% Gross Margin Revenue Revenue SiC
Slide 4: Winning Through Clearly Demonstrated Performance
Winning Through Clearly Demonstrated Performance Amprius’ silicon anode platform enables higher energy density without compromising other important requirements. Delivering 2X the energy per unit of weight or space and faster … in a tunable platform that delivers an charge rates, without compromisin
Slide 5: Attractive Markets, Blue-Chip Customers
Attractive Markets, Blue-Chip Customers Various fast-growing markets demand high energy density cells to make mission-critical duty cycles possible. Target End Why Energy OEMs / Key Duty Cycle Requirements Global Market Size Drivers 1,2 Markets Density Matters Market Players Payload & Loiter Time: S
Slide 6: System Capabilities, Speed, and Flexibility Define Us
System Capabilities, Speed, and Flexibility Define Us Full system development and flexibility position Amprius to capture demand by providing the right cell for the application. Design and development capabilities at the cell level… … enable us to quickly deliver the right cell in the right form fac
Slide 7: Building Out a Resilient Value Chain for Growth
Building Out a Resilient Value Chain for Growth To offer the right cell, at the right time, from the right place, we are expanding our manufacturing partners. NDAA Value Chain Legacy Value Chain Expanding Value Fremont, CA • Headquarters Chain • Global Tech Center • SiCore Pilot Line 6 Amprius Techn
Slide 8: Our Cell Roadmap Will Extend Our Lead
Our Cell Roadmap Will Extend Our Lead Amprius is planning energy density improvements that will provide more power, higher density and cycle life. Target Roadmap Cell Energy Density - (Wh/kg) Target Applications and Duty Cycles 600 High Energy Cells Ultra High Energy 550 High Energy Cell Where long
Slide 9: Q4 and Full Year 2025 Financial Highlights
Q4 and Full Year 2025 Financial Highlights Continuing to demonstrate the potential of our business model with accelerating revenue growth in 2025. $ in millions, except per share data Q4 2024 Q4 20251 2024 20251 Commentary ▪ Annual revenue more than tripled YoY due to rising demand Revenues 10.6 25.
Slide 10: 2026 Outlook and Long-Term Targets
2026 Outlook and Long-Term Targets Successful execution of our strategic plan creates a valuable leading supplier of high energy and power density cells. 2026 Outlook Long Term Targets $ in millions, except per share data Driving the right capacity, growth, and margins with capital efficiency and a
Slide 11: Summary and Near-Term Milestones
Summary and Near-Term Milestones Amprius is on a path of continued momentum to develop the full potential of its business model and create more value Developing Capabilities to Create More Value DEMONSTRATED EXECUTION 3X revenue growth YoY and gross margin progression to 24% Lead in space, light EVs
Slide 12: Appendix
A P P E ND IX 11 Amprius Technologies | Q4 and FY2025 Financial Results Call | March 5, 2026
Slide 13: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation 2025 2024 2026 $ in millions FY Q4 Q3 Q2 Q1 FY Q4 FY Guidance Net loss (44.0) (24.4) (3.9) (6.4) (9.4) (44.7) (11.4) (8.0) Depreciation and amortization 4.4 1.2 1.2 1.0 0.9 3.8 0.9 4.7 Stock-based compensation 7.4 1.9 1.8 1.9 1.8 7.3 2.4 8.3 Interest and Foreign Excha