AmpliTech Group Q3 revenue rises year-over-year
AMPG•AmpliTech Group's third-quarter revenue rose 8% year over year to $6.58 million, while gross margin improved sequentially to 34.2%. The company reported a record backlog exceeding $52 million and expects 2026 revenue of at least $28 million.
1. Revenue and margin
Third-quarter revenue rose 8% year over year to $6.58 million, with gross profit of $2.25 million. Gross margin increased to 34.2% from 27.9% in the second quarter of 2026, which the company attributed to changes in product mix and shipment variability.
2. Backlog and outlook
AmpliTech reported a record backlog exceeding $52 million after large customer orders, with shipments expected between fiscal 2026 and fiscal 2027. The company expects full-year 2026 revenue of at least $28 million; it withdrew its prior $50 million target in August 2026 due to delays and constraints. Spectrum Semiconductor Materials distribution revenue rose 36.4% year over year.
