Quarterly ResultAug 13, 2026, 04:24 PM
AmpliTech Q2 2026 Revenue $8.07M, Gross Profit +161.2% YoY
AI Summary
AmpliTech Group reported strong Q2 2026 financial results with revenue of $8.07 million, a 50.9% sequential increase, and gross profit growth of 161.2% year-over-year to $2.25 million. Gross margin improved significantly to 27.9% from 7.8% in the prior-year quarter, despite a higher net loss of $(3.09) million due to increased R&D and SG&A investments. Post-quarter, the company authorized a $10 million stock repurchase program, successfully closed its Series A Rights offering generating $20.12 million in net proceeds, and secured over $6 million in new orders.
Key Highlights
- Q2 2026 Revenue was $8.07 million, up 50.9% sequentially from Q1 2026.
- Gross profit increased 161.2% year-over-year to $2.25 million.
- Gross margin expanded to 27.9% in Q2 2026 from 7.8% in Q2 2025.
- Net loss was $(3.09) million, compared to $(1.77) million in the prior-year quarter.
- Working capital was $22.93 million as of June 30, 2026, up from $10.16 million at Dec 31, 2025.
- Board authorized a stock repurchase program of up to $10 million over 24 months in July 2026.
- Closed Series A Rights exercise in July 2026, receiving $20.12 million in net proceeds.
- Received over $6 million in follow-on orders in July 2026, including nearly $4 million for 5G.
Price Impact
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