Slide 1: Q1 2026 Financial Results
May 7, 2026 Q1 2 0 2 6 F INA NCIAL R E S ULT S 1
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: The Amprius Espresso Advantage
The Amprius Espresso Advantage We aim to pack double the energy per unit of weight and space, or the same amount of energy in half the weight and size. Double Espresso 2X The Energy Drip Coffee Espresso Same Energy, Same Package, Smaller Package 2X the Energy 3 Amprius Technologies | Q1 2026 Financi
Slide 4: Q1 2026 and Recent Highlights
Q1 2026 and Recent Highlights Amprius started the year with continued revenue expansion, driving accretive growth. Commercial LTM Quarterly Revenue and LTM Revenue and Gross Margin1 Gross Margin1 $ in Millions $ in Millions Gross Margin Gross Margin +13% Revenue Revenue +18% Further Expanded $21M Or
Slide 5: Diverse and Fast-Growing End Markets
Diverse and Fast-Growing End Markets Various fast-growing markets demand high energy density and offer us the opportunity to increase our share withing them. Why Energy Target End Markets Duty Cycle Requirements Global Li-ion Cell Market Sizing ($B) Density Matters Payload & Loiter Time: Shifting fr
Slide 6: Q1 and LTM Financial Highlights
Q1 and LTM Financial Highlights Accelerating year-over-year revenue growth and continuing to drive financial performance. $ in millions, except per share data Q1 2025 Q1 20261 LTM -1 LTM 1 Commentary ▪ Q1 2026 revenue up 153% YoY due to rising demand Revenues $11.3 $28.5 $33.1 $90.3 ▪ Government gra
Slide 7: Updated 2026 Outlook
Updated 2026 Outlook 2026 outlook update reflects Q1 performance and potential near term demand acceleration and with profit management. $ in millions, except per share data Initial Initial Commentary Revenues >125.0 >130 • Assumes comparable revenue mix to Q1 with North America being at least 20% Y
Slide 8: 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 >20% Lead in space, light EVs,
Slide 9: Appendix
A P P E ND IX 9 Amprius Technologies | Q1 2026 Financial Results Call | May 7, 2026
Slide 10: 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 11: 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 12: 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 13: Long-Term Targets
ReiteLong-Term Targets Driving capacity, growth, and margins with capital efficiency and a low fixed-cost structure is our path to creating value. REVENUE GROSS MARGINS ADJ. EBITDA1 BUSINESS DESCRIPTION 2025 11% 7% Specific go-to-market strategy targeting the Actuals $73M Ended at 25% run rate in Q4
Slide 14: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation 14 Amprius Technologies | Q1 2026 Financial Results Call | May 7, 2026