AmpliTech Group Q1 Revenue Up 48.6% to $5.35M; Margin Expands to 48%
AmpliTech Group’s Q1 2026 revenue surged 48.6% to $5.35 million, while gross profit more than doubled to $2.57 million and gross margin widened to 48%. The company reduced net loss by 17.3% to $1.52 million and boosted cash to $18.4 million with a 4.25 current ratio.
1. Financial Highlights
In Q1 2026, AmpliTech Group recorded revenue of $5.35 million, up 48.6% year-over-year. Gross profit more than doubled to $2.57 million and gross margin expanded to 48%, while net loss narrowed 17.3% to $1.52 million.
2. Balance Sheet and Liquidity
Cash and equivalents grew to $18.4 million and working capital rose to $25.4 million, lifting the current ratio to 4.25. Total assets improved to $48.36 million from $32.86 million, and the company remains debt-free with equity at $48.4 million.
3. Operational and Commercial Progress
Multiple 5G ORAN and MMIC development programs advanced into commercialization, driving manufacturing and engineering revenue to $3.28 million. Satellite and defense communications applications progressed and several products transitioned from development to deployment, reducing R&D expenses.
4. Outlook and Growth Drivers
Management expects stronger second-half revenue recognition based on customer delivery schedules and order flow. The company aims to capitalize on global 5G deployment, RF and microwave demand, ORAN ecosystem opportunities and satellite communications growth to scale operations and improve leverage.