Quarterly ResultMay 13, 2026, 04:17 PM
AmpliTech Group Q1 Revenue +48.6% to $5.35M; Gross Profit +116.1%
AI Summary
AmpliTech Group reported strong financial results for the first quarter of 2026, with revenue increasing 48.6% year-over-year to $5.35 million and gross profit surging 116.1% to $2.57 million. The company's gross margin significantly improved to 48.0%. AmpliTech also strengthened its balance sheet, increasing cash and marketable securities to $18.4 million and improving working capital to $25.4 million. Operational progress included advancing 5G and MMIC development programs into commercialization, supported by over $16 million in net proceeds from recent offerings.
Key Highlights
- Revenue increased 48.6% year-over-year to $5.35 million.
- Gross profit increased 116.1% year-over-year to $2.57 million.
- Gross margin improved significantly to 48.0% from 33.0% in the prior-year period.
- Manufacturing and engineering segment revenue increased to $3.28 million.
- Net loss improved 17.3% year-over-year to $(1.52) million.
- Cash, cash equivalents and marketable securities increased to $18.4 million.
- Working capital improved to $25.4 million from $10.2 million on December 31, 2025.
- Completed rights and direct offerings, generating over $16 million in net proceeds.
Price Impact
More from AMPG