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Amprius Technologies (Amprius Technologies) Gross Margin % : -190.28% (As of Mar. 2024)


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What is Amprius Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amprius Technologies's Gross Profit for the three months ended in Mar. 2024 was $-4.45 Mil. Amprius Technologies's Revenue for the three months ended in Mar. 2024 was $2.34 Mil. Therefore, Amprius Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was -190.28%.


The historical rank and industry rank for Amprius Technologies's Gross Margin % or its related term are showing as below:

AMPX' s Gross Margin % Range Over the Past 10 Years
Min: -169.92   Med: -148.4   Max: -43.09
Current: -148.88


During the past 4 years, the highest Gross Margin % of Amprius Technologies was -43.09%. The lowest was -169.92%. And the median was -148.40%.

AMPX's Gross Margin % is ranked worse than
99.49% of 2930 companies
in the Industrial Products industry
Industry Median: 26.545 vs AMPX: -148.88

Amprius Technologies had a gross margin of -190.28% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Amprius Technologies was 0.00% per year.


Amprius Technologies Gross Margin % Historical Data

The historical data trend for Amprius Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amprius Technologies Gross Margin % Chart

Amprius Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
-43.09 -156.17 -140.63 -169.92

Amprius Technologies Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -748.30 -192.02 -151.82 -104.99 -190.28

Competitive Comparison of Amprius Technologies's Gross Margin %

For the Electrical Equipment & Parts subindustry, Amprius Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amprius Technologies's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amprius Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Amprius Technologies's Gross Margin % falls into.



Amprius Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Amprius Technologies's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-14.9 / 8.791
=(Revenue - Cost of Goods Sold) / Revenue
=(8.791 - 23.729) / 8.791
=-169.92 %

Amprius Technologies's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-4.4 / 2.336
=(Revenue - Cost of Goods Sold) / Revenue
=(2.336 - 6.781) / 2.336
=-190.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Amprius Technologies  (NYSE:AMPX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Amprius Technologies had a gross margin of -190.28% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Amprius Technologies Gross Margin % Related Terms

Thank you for viewing the detailed overview of Amprius Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Amprius Technologies (Amprius Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1180 Page Avenue, Fremont, CA, USA, 94538
Amprius Technologies Inc is engaged in the production of silicon anodes for high energy density lithium-ion batteries. The company's batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
Executives
Jonathan Bornstein officer: Chief Operating Officer 1180 PAGE AVENUE, FREMONT CA 94538
Amprius, Inc. 10 percent owner 1180 PAGE AVENUE, FREMONT CA 94538
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Stefan Constantin Ionel officer: Chief Technology Officer 1180 PAGE AVENUE, FREMONT CA 94538
Mary Gustanski director C/O DELPHI TECHNOLOGIES PLC, COURTENEY ROAD HOATH WAY, GILLINGHAM, KENT X0 X0 ME8 0RU
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Donald R Dixon director 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Sandra Wallach officer: Chief Financial Officer C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven Chu director NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95050
Kang Sun director, officer: See Remarks 1180 PAGE AVENUE, FREMONT CA 94538
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Dieter Zetsche officer: Vice Chairman and President ROSENGARTENSTR. 48, STUTTGART 2M 70184
Kensington Capital Sponsor Iv Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
Nicole Nason director 17 PIONEER MILL WAY, ALEXANDRIA VA 22314