Quarterly ResultMay 13, 2026, 04:22 PM
AmpliTech Group Q1 Revenue +48.6% to $5.35M; Gross Margin 48.0%
AI Summary
AmpliTech Group reported strong first-quarter 2026 results, with revenue increasing 48.6% year-over-year to $5.35 million and gross margin significantly improving to 48.0%. The net loss narrowed by 17.3% to $(1.52) million. The company strengthened its balance sheet with cash and marketable securities reaching $18.4 million and remained debt-free, supported by over $16 million raised from recent offerings. Strategic initiatives in 5G ORAN and MMIC advanced towards commercialization.
Key Highlights
- Revenue increased 48.6% year-over-year to $5.35 million.
- Gross profit rose 116.1% to $2.57 million; gross margin expanded to 48.0%.
- Net loss improved 17.3% year-over-year to $(1.52) million.
- Manufacturing and engineering segment revenue grew to $3.28 million.
- Cash, cash equivalents, and marketable securities reached $18.4 million.
- Working capital improved to $25.4 million; current ratio rose to 4.25.
- Raised over $16 million from rights offering and registered direct offering.
- Company remains debt-free with total assets to liabilities improving 47%.
Price Impact
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