AmpliTech Group, Inc. logo

AmpliTech Group, Inc.

AMPG

NASDAQTechnologyCommunication Equipment

Previous close

$3.46

+$0.02 · +0.58%

Aug 21, 4:00 PM ET

AMPG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

74

Undervalued

Momentum

63

Gaining

Sentiment

61

Bullish

Risk resilience

49

Elevated Risk

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Company profile

Company website

AmpliTech Group, Inc. specializes in the design, engineering, and manufacturing of microwave component-based amplifiers. Their diverse portfolio encompasses radio frequency (RF) amplifiers and associated subsystems, including low noise amplifiers (LNAs) crucial for receivers in various communication platforms such as Wi-Fi, radar, satellite, base stations, and cellular networks, as well as medium power amplifiers (MPAs) designed to boost output power and gain in transceiver chains. Furthermore, AmpliTech offers an array of specialized microwave devices, including block downconverters for testing satellite access point antennas, 1:2 Tx protection switch panels for satellite communication earth stations, versatile wideband power amplifiers (desktop/benchtop/compact), and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. Notably, the company produces cutting-edge cryogenic amplifiers, vital for advanced applications spanning quantum computing, medical imaging, RF research, space communications, accelerators, radiometry, and telephony. They also provide cryogenic and non-cryogenic 4G/5G small cell subsystems, essential for high-speed network infrastructure and in-flight Wi-Fi solutions. Beyond its product offerings, AmpliTech provides custom assembly designs, non-recurring engineering (NRE) services on a project basis, alongside IC packaging and lid solutions. Serving critical sectors like aerospace, government, defense, commercial satellite, and wireless industries, AmpliTech distributes its products through a network of sales representatives and distributors across the United States, Europe, the Middle East, and South Asia. Established in 2002, the company's operations are headquartered in Bohemia, New York.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Fawad A. Maqbool
Listed since
Jan 8, 2021
Employees
46

Market position

Day range

Current $3.46

52-week range

Current $3.46

Open
$3.49
Previous close
$3.44
Volume
1.57M
0.41× average
Average volume
3.83M
Average daily volume
Market cap
87.67M USD
Beta
-0.23
Market reference 1
50-day average
$6.1726
-43.95% below average
200-day average
$3.8457
-10.03% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
61.96M USD
P/E (TTM)
-10.2×
P/B (TTM)
1.88×
P/S (TTM)
3.65×
EV / EBITDA
-10.87×
Earnings yield
-11.17%
Free cash flow yield
-15.45%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
33.62%
Operating margin
-34.68%
Net margin
-33.37%
Return on equity
-21.32%
Return on assets
-13.61%
Return on invested capital
-19.73%

Financial health

Debt / equity
0.08×
Current ratio
1.68×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends62%-3%-69%-135%Gross margin, FY2021: 24.51%Gross margin, FY2022: 46.02%Gross margin, FY2023: 45.88%Gross margin, FY2024: 36.65%Gross margin, FY2025: 20.43%Operating margin, FY2021: -96.78%Operating margin, FY2022: 0.78%Operating margin, FY2023: -16.54%Operating margin, FY2024: -88.66%Operating margin, FY2025: -29.05%Net margin, FY2021: -90.22%Net margin, FY2022: -3.49%Net margin, FY2023: -15.82%Net margin, FY2024: -118.24%Net margin, FY2025: -27.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.51%. Gross margin FY2022 46.02%. Gross margin FY2023 45.88%. Gross margin FY2024 36.65%. Gross margin FY2025 20.43%. Operating margin FY2021 -96.78%. Operating margin FY2022 0.78%. Operating margin FY2023 -16.54%. Operating margin FY2024 -88.66%. Operating margin FY2025 -29.05%. Net margin FY2021 -90.22%. Net margin FY2022 -3.49%. Net margin FY2023 -15.82%. Net margin FY2024 -118.24%. Net margin FY2025 -27.81%.

Income trends

Revenue

25.2M USD+165.00%

Operating income

−7.32M USD+13.17%

Net income

−7.01M USD+37.67%
Income trends across reported periods28.84M USD14.26M USD−310.62K USD−14.89M USDRevenue, FY2021: 5.28M USDRevenue, FY2022: 19.39M USDRevenue, FY2023: 15.58M USDRevenue, FY2024: 9.51M USDRevenue, FY2025: 25.2M USDOperating income, FY2021: −5.11M USDOperating income, FY2022: 150.96K USDOperating income, FY2023: −2.58M USDOperating income, FY2024: −8.43M USDOperating income, FY2025: −7.32M USDNet income, FY2021: −4.76M USDNet income, FY2022: −677.11K USDNet income, FY2023: −2.47M USDNet income, FY2024: −11.24M USDNet income, FY2025: −7.01M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.28M USD. Revenue FY2022 19.39M USD. Revenue FY2023 15.58M USD. Revenue FY2024 9.51M USD. Revenue FY2025 25.2M USD. Operating income FY2021 −5.11M USD. Operating income FY2022 150.96K USD. Operating income FY2023 −2.58M USD. Operating income FY2024 −8.43M USD. Operating income FY2025 −7.32M USD. Net income FY2021 −4.76M USD. Net income FY2022 −677.11K USD. Net income FY2023 −2.47M USD. Net income FY2024 −11.24M USD. Net income FY2025 −7.01M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue25.2M USD9.51M USD15.58M USD19.39M USD5.28M USD
Cost of goods sold20.05M USD6.02M USD8.43M USD10.47M USD3.98M USD
Gross profit5.15M USD3.49M USD7.15M USD8.92M USD1.29M USD
Research and development2.69M USD3.59M USD2.34M USD1.02M USD1.83M USD
Selling, general, and administrative9.78M USD7.86M USD7.39M USD7.63M USD4.57M USD
Operating expenses12.47M USD11.92M USD9.73M USD8.77M USD6.4M USD
Interest income160.31K USD19.28K USD
Interest expense292.2K USD13.01K USD42.81K USD
Depreciation and amortization1.29M USD538.76K USD531.16K USD957.26K USD236.7K USD
Operating income−7.32M USD−8.43M USD−2.58M USD150.96K USD−5.11M USD
Net income−7.01M USD−11.24M USD−2.47M USD−677.11K USD−4.76M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-101.68%
11 comparable reports
Latest EPS result
-0.12
Estimate -0.02 · Miss by 500.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.16-0.01-0.19-0.36Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual -0.32, estimate -0.12, surprise -166.67%, Miss. Q2 2025, reported May 15, 2025: actual -0.09, estimate -0.08, surprise -12.50%, Miss. Q3 2025, reported Aug 14, 2025: actual -0.09, estimate -0.06, surprise -50.00%, Miss. Q4 2025, reported Nov 14, 2025: actual -0.01, estimate -0.09, surprise +88.89%, Beat. Q1 2026, reported Mar 26, 2026: actual -0.15, estimate -0.07, surprise -114.29%, Miss. Q2 2026, reported May 13, 2026: actual -0.06, estimate -0.05, surprise -20.00%, Miss. Q3 2026, reported Aug 13, 2026: actual -0.12, estimate -0.02, surprise -500.00%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates17.64M9.72M1.8M-6.11MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 1.85M USD, estimate 3M USD, surprise -38.23%, Miss. Q2 2025, reported May 15, 2025: actual 3.6M USD, estimate 3.5M USD, surprise +2.83%, Beat. Q3 2025, reported Aug 14, 2025: actual 11.03M USD, estimate 5M USD, surprise +120.52%, Beat. Q4 2025, reported Nov 14, 2025: actual 6.09M USD, estimate 5M USD, surprise +21.88%, Beat. Q1 2026, reported Mar 26, 2026: actual -4.48M USD, estimate 4.3M USD, surprise -204.09%, Miss. Q2 2026, reported May 13, 2026: actual 5.35M USD, estimate 5M USD, surprise +6.99%, Beat. Q3 2026, reported Aug 13, 2026: actual 8.07M USD, estimate 8M USD, surprise +0.88%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 16M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution
Maxim GroupmaintainBuy

AMPG peers

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