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AmpliTech Group, Inc. Q1 FY26 Results

AMPGQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue5.3548.6%
Total Income5.3548.6%
Expenditure6.9727.0%
PBT-1.5217.4%
Net Profit-1.5217.4%
OPM-30.27%22.25pp
NPM-28.45%22.69pp
EPS-0.0633.3%
View full financials

AmpliTech Group Reports Strong Q1 2026 Revenue Growth

14 May 2026 · 14 May, 1:51 am

Summary

AmpliTech Group reported a strong first quarter of 2026, with revenue increasing by 48.6% year-over-year to $5.35 million. Gross profit also saw a significant increase of 116.1%, reaching $2.57 million. The company's gross margin improved to 48.0%. Management believes the company is positioned to continue benefiting from expanding global 5G infrastructure deployment activity and increasing demand for RF and microwave technologies. The Company expects revenue recognition to be more heavily weighted toward the second half of the year.

Key Highlights

  1. 1

    AmpliTech Group's revenue increased 48.6% year-over-year to $5.35 million in the first quarter of 2026.

  2. 2

    Gross profit increased 116.1% year-over-year to $2.57 million from $1.19 million in the prior-year period.

  3. 3

    Gross margin improved significantly to 48.0%, compared to 33.0% in the prior-year period.

  4. 4

    Manufacturing and engineering segment revenue increased to $3.28 million from $0.99 million in the prior-year quarter.

  5. 5

    Net loss improved 17.3% year-over-year to $(1.52) million.

  6. 6

    Cash, cash equivalents and marketable securities increased to approximately $18.4 million as of March 31, 2026.

  7. 7

    Working capital improved to approximately $25.4 million from $10.2 million on December 31, 2025.

Management Comments

F

Fawad Maqbool

“The first quarter of 2026 reflects meaningful progress across several areas of our business,” said Fawad Maqbool, Chief Executive Officer of AmpliTech Group. “We achieved substantial revenue growth YoY, expanded gross margins significantly, strengthened our balance sheet, and continued transitioning key technologies from development into commercial deployment.” Mr. Maqbool continued, “We believe our investments in 5G ORAN radio technologies, MMIC design capabilities, and advanced RF systems are beginning to contribute more meaningfully to operational performance. We are encouraged by the increasing demand environment for next-generation wireless infrastructure and remain focused on disciplined execution, operational scalability, and long-term shareholder value creation.” Mr. Maqbool concluded: “The Company continues to believe its full-year revenue guidance remains achievable; however, based on current customer delivery schedules, production timing, and anticipated order flow, the Company expects revenue recognition to be more heavily weighted toward the second half of the year”.

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