Quarterly ResultAug 13, 2026, 04:12 PM
AmpliTech Q2 Revenue +50.9% to $8.07M; Gross Profit +161.2%
AI Summary
AmpliTech Group reported strong sequential revenue growth of 50.9% to $8.07 million and a 161.2% year-over-year increase in gross profit to $2.25 million for Q2 2026. However, the net loss widened to $(3.09) million due to increased investments in R&D, particularly for 5G and MMIC development, and higher SG&A expenses. The company also announced significant post-quarter events, including the completion of a rights offering that generated $20.12 million in net proceeds and the authorization of a $10 million stock repurchase program.
Key Highlights
- Revenue increased 50.9% sequentially to $8.07 million in Q2 2026.
- Gross profit rose 161.2% year-over-year to $2.25 million.
- Gross margin was 27.9% in Q2 2026, up from 7.8% in Q2 2025.
- Net loss was $(3.09) million, compared to $(1.77) million in prior-year quarter.
- Research and development expense increased to $1.37 million from $0.66 million.
- Working capital was $22.93 million as of June 30, 2026.
- Cash, cash equivalents, and marketable securities totaled $12.95 million.
- Received approximately $20.12 million net proceeds from Series A Rights exercise in July 2026.
Price Impact
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