AMPG · Amplitech Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.35M | - | $6.09M | $11.03M | $3.60M | - | $3.39M | $4.07M | $2.29M | - |
| Cost of Revenue | $2.78M | - | $3.13M | $10.16M | $2.41M | - | $1.49M | $1.47M | $1.41M | - |
| Gross Profit | $2.57M | - | $2.96M | $862.9K | $1.19M | - | $1.35M | $1.06M | $882.6K | - |
| R&D | $503.0K | - | $699.3K | $658.8K | $739.7K | - | $572.4K | $460.1K | $276.8K | - |
| SG&A | $3.68M | - | $2.48M | $2.13M | $2.34M | - | $1.86M | $2.17M | $2.03M | - |
| Total Operating Expenses | $4.19M | - | $3.18M | $2.79M | $3.08M | - | $2.44M | $2.63M | $2.31M | - |
| D&A | $532.4K | - | $381.1K | $256.2K | $122.1K | - | $130.1K | $129.3K | $129.1K | - |
| Operating Income | ($1.62M) | - | ($221.3K) | ($1.93M) | ($1.89M) | - | ($1.09M) | ($1.57M) | ($1.43M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($1.52M) | - | ($188.4K) | ($1.77M) | ($1.84M) | - | ($1.19M) | ($1.58M) | ($4.66M) | - |
| EPS - Basic | ($0.06) | - | ($0.01) | ($0.09) | ($0.09) | - | ($0.12) | ($0.05) | ($0.48) | - |
| EPS - Diluted | ($0.06) | - | ($0.01) | ($0.09) | ($0.09) | - | ($0.09) | ($0.16) | ($0.48) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.81M | $4.98M | $8.39M | $11.06M | $16.94M | $19.32M | $1.08M | $1.01M | $2.38M | $6.73M |
| Accounts Receivable | $3.83M | $3.35M | $3.40M | $5.37M | $2.22M | $1.26M | $1.28M | $1.14M | $1.31M | $2.54M |
| Inventory | $9.86M | $8.91M | $8.88M | $7.86M | $7.15M | $7.59M | $7.55M | $7.53M | $7.25M | $6.54M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $33.19M | $25.06M | $21.60M | $25.03M | $26.82M | $28.33M | $12.65M | $11.65M | $12.85M | $17.15M |
| Total Assets | $59.74M | $51.48M | $47.24M | $48.64M | $42.06M | $43.22M | $27.55M | $25.41M | $26.87M | $31.41M |
| Current Liabilities | $7.81M | $14.90M | $7.59M | $8.86M | $2.22M | $1.54M | $2.58M | $1.65M | $1.57M | $1.50M |
| Long-term Debt | - | - | - | - | - | - | $1.15M | $36.4K | $63.2K | $80.8K |
| Total Liabilities | $11.38M | $18.62M | $11.42M | $12.83M | $6.29M | $5.73M | $7.17M | $4.73M | $4.71M | $4.73M |
| Stockholders' Equity | $48.36M | $32.86M | $35.82M | $35.81M | $35.78M | $37.49M | $20.38M | $20.68M | $22.16M | $26.68M |
| Retained Earnings | ($29.54M) | ($28.02M) | ($24.81M) | ($24.62M) | ($22.85M) | ($21.01M) | ($17.19M) | ($16.00M) | ($14.42M) | ($9.77M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.14M) | - | - | - | ($2.01M) | - | - | - | ($1.08M) | - |
| Investing Cash Flow | ($6.58M) | - | - | - | ($361.0K) | - | - | - | ($3.25M) | - |
| Financing Cash Flow | $9.84M | - | - | - | ($3.8K) | - | - | - | ($21.8K) | - |
| CapEx | - | - | $3.50M | - | $361.0K | - | - | - | $1.6K | - |
| Free Cash Flow | - | - | - | - | ($2.37M) | - | - | - | ($1.08M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 48.0% | - | 48.6% | 7.8% | 33.0% | - | 39.8% | 26.0% | 38.5% | - |
| Operating margin | -30.3% | - | -3.6% | -17.5% | -52.5% | - | -32.1% | -38.5% | -62.3% | - |
| EBITDA margin | -20.3% | - | 2.6% | -15.1% | -49.1% | - | -28.3% | -35.3% | -56.6% | - |
| Net margin | -28.4% | - | -3.1% | -16.1% | -51.1% | - | -35.1% | -38.7% | -203.0% | - |
| Free cash flow margin | - | - | - | - | -65.8% | - | - | - | -47.0% | - |
| FCF / Net income | - | - | - | - | 1.29 | - | - | - | 0.23 | - |
| R&D / Revenue | 9.4% | - | 11.5% | 6.0% | 20.6% | - | 16.9% | 11.3% | 12.1% | - |
| SG&A / Revenue | 68.8% | - | 40.7% | 19.3% | 65.0% | - | 55.0% | 53.2% | 88.7% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -2.5% | - | -0.4% | -3.6% | -4.4% | - | -4.3% | -6.2% | -17.3% | - |
| Return on equity | -3.1% | - | -0.5% | -4.9% | -5.1% | - | -5.8% | -7.6% | -21.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.25 | 1.68 | 2.85 | 2.82 | 12.10 | 18.45 | 4.91 | 7.04 | 8.20 | 11.44 |
| Quick ratio | 2.99 | 1.08 | 1.68 | 1.94 | 8.88 | 13.51 | 1.98 | 2.49 | 3.58 | 7.08 |
| Cash ratio | 1.51 | 0.33 | 1.11 | 1.25 | 7.65 | 12.58 | 0.42 | 0.61 | 1.52 | 4.49 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | 0.06 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | - | - | - | - | - | - | 0.04 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.24 | 1.57 | 1.32 | 1.36 | 1.18 | 1.15 | 1.35 | 1.23 | 1.21 | 1.18 |
| Liabilities / Assets | 0.19 | 0.36 | 0.24 | 0.26 | 0.15 | 0.13 | 0.26 | 0.19 | 0.18 | 0.15 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.13 | 0.23 | 0.09 | - | 0.12 | 0.16 | 0.09 | - |
| Inventory turnover | 0.28 | - | 0.35 | 1.29 | 0.34 | - | 0.20 | 0.20 | 0.19 | - |
| Days sales outstanding | 261d | - | 204d | 178d | 226d | - | 137d | 102d | 208d | - |
| Days inventory outstanding | 1294d | - | 1034d | 282d | 1082d | - | 1853d | 1870d | 1875d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 1.0x | - | 2.2x | 1.2x | 0.9x | - | 0.4x | 0.5x | 0.8x | - |
| P / S | 8.6x | - | 13.1x | 3.9x | 8.5x | - | 2.3x | 2.5x | 7.8x | - |
| EV / EBITDA | - | - | 448.4x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 48.6% | - | 79.9% | 170.7% | 56.9% | - | 0.0% | 0.0% | -44.2% | - |
| Revenue CAGR (3y) | 9.2% | - | 3.9% | 34.0% | -11.0% | - | 47.4% | 58.4% | 69.3% | - |
| Revenue CAGR (5y) | 62.4% | - | 39.6% | 75.6% | 36.6% | - | 36.7% | 45.2% | 27.6% | - |
| Gross profit growth (YoY) | 116.1% | - | 119.6% | -18.4% | 34.6% | - | -9.1% | -45.0% | -51.4% | - |
| Operating income growth (YoY) | 14.3% | - | 79.7% | -22.8% | -32.4% | - | -17.4% | -208.6% | -130.6% | - |
| Net income growth (YoY) | 17.3% | - | 84.2% | -12.4% | 60.5% | - | -34.0% | -233.4% | -699.9% | - |
| EPS growth (YoY) | 33.3% | - | 88.9% | 43.8% | 81.3% | - | - | - | -700.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -119.8% | - | - | - | -53.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 35.2% | -12.3% | 75.8% | 73.1% | 61.4% | 40.5% | -24.8% | -25.7% | -21.5% | -7.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$25.20M totalManufacturing And Engineering$16.97M · 67.3%
Distribution$8.23M · 32.7%
Geographic
$16.97M totalInternational Sales$11.95M · 70.4%
Domestic Sales$5.01M · 29.6%
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing AmpliTech Group against the 5 most active filers in the same SIC group.