AmpliTech Group, Inc. (AMPG) Financial Statements
Industry: Communications Equipment (Other)
In fiscal 2025, AmpliTech reported revenue of $25.2M, up 165.0% from $9.5M the year before. Net income was -$7.0M (a -27.8% net margin), or -$0.33 per diluted share. Gross margin was 23.9% and operating margin was -29.1%. Operating activities generated -$8.7M of cash, leaving -$9.7M of free cash flow. At fiscal year end, AmpliTech held $51.5M in total assets against $18.6M in total liabilities, including $5.0M of cash and equivalents.
Open the full interactive AmpliTech financials → Quarterly statements, key ratios, valuation history and price charts.
AmpliTech Key Stats
| Share Price | $2.67 |
|---|---|
| Market Cap | $67.9M |
| Revenue YoY Growth | +165.0% |
| 52-Week Range | $1.76 – $9.70 |
| Shares Outstanding | 25.4 million (basic, 2026 Q2) |
AmpliTech Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.5M | $5.3M | $19.4M | $15.6M | $9.5M | $25.2M |
| Cost of Goods Sold | — | — | $194,456 | $256,248 | $308,071 | $292,018 |
| Gross Profit | $1.3M | $1.3M | $8.9M | $7.3M | $3.5M | $6.0M |
| Operating Income | -$915,946 | -$5.1M | -$142,519 | -$2.6M | -$8.4M | -$7.3M |
| Pre-Tax Income | -$1.0M | -$4.8M | -$677,107 | -$2.4M | -$11.2M | -$7.0M |
| Income Tax | $0 | $0 | $0 | $24,000 | $15,000 | $13,000 |
| Net Income | -$1.0M | -$4.8M | -$677,107 | -$2.5M | -$11.2M | -$7.0M |
| Diluted EPS | -$0.37 | -$0.53 | -$0.07 | -$0.26 | -$1.08 | -$0.33 |
AmpliTech Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.1M | $4.5M | $5.3M | $8.1M |
| Net Income | -$188,373 | -$3.2M | -$1.5M | -$3.1M |
| Diluted EPS | -$0.01 | -$0.15 | -$0.06 | -$0.12 |
AmpliTech Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $199,536 | $18.0M | $13.3M | $6.7M | $19.3M | $5.0M |
| Current Assets | $1.4M | $24.3M | $22.2M | $17.1M | $28.3M | $25.1M |
| Total Assets | $2.8M | $35.2M | $36.7M | $31.4M | $43.2M | $51.5M |
| Current Liabilities | $654,447 | $3.8M | $1.8M | $1.5M | $1.5M | $14.9M |
| Total Long-Term Debt | $1.6M | $330,367 | $233,955 | $80,841 | — | — |
| Total Liabilities | $2.4M | $6.2M | $7.9M | $4.7M | $5.7M | $18.6M |
| Shareholders' Equity | $440,282 | $29.0M | $28.8M | $26.7M | $37.5M | $32.9M |
AmpliTech Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$521,485 | -$2.2M | -$3.4M | -$3.5M | -$5.3M | -$8.7M |
| Cash From Investing | -$71,619 | -$10.6M | -$1.1M | -$725,899 | -$3.3M | -$5.8M |
| Cash From Financing | $217,928 | $30.6M | -$224,223 | -$2.4M | $21.2M | $6.8M |
| Free Cash Flow | -$593,104 | -$3.3M | — | -$4.4M | -$5.3M | -$9.7M |
Figures from AmpliTech's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full AmpliTech financials page for every line item.
AmpliTech Company Profile
| Ticker | AMPG |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Equipment (Other) |
| Headquarters | Hauppauge, New York |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001518461 |
Frequently Asked Questions
What was AmpliTech's revenue in fiscal 2025?
AmpliTech (AMPG) reported revenue of $25.2M for fiscal 2025.
What is AmpliTech's annual revenue history?
AmpliTech's annual revenue by fiscal year: 2020: $3.5M; 2021: $5.3M; 2022: $19.4M; 2023: $15.6M; 2024: $9.5M; 2025: $25.2M.
What was AmpliTech's net income in fiscal 2025?
AmpliTech reported net income of -$7.0M for fiscal 2025.
What was AmpliTech's earnings per share (EPS) in fiscal 2025?
AmpliTech's diluted EPS was -$0.33 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did AmpliTech generate in fiscal 2025?
AmpliTech generated -$9.7M of free cash flow in fiscal 2025.
What was AmpliTech's revenue last quarter?
In its most recent reported quarter (2026 Q2), AmpliTech reported revenue of $8.1M.
How many shares of AmpliTech are outstanding?
AmpliTech reported a weighted average of 25.4 million basic shares outstanding in 2026 Q2.
What is AmpliTech's market cap?
Based on its latest closing price, AmpliTech (AMPG) has a market capitalization of about $67.9M.
When does AmpliTech's fiscal year end?
AmpliTech's fiscal year end, as registered with the SEC, is December 31.
Where is AmpliTech headquartered?
AmpliTech lists its business address in Hauppauge, New York in its SEC filings.