Filing Flows › AmpliTech Group (AMPG) › Q1 2025
AmpliTech Group (AMPG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
AmpliTech Group (AMPG) reported revenue of $3.6M for the first quarter 2025 (Q1 2025), +57% from a year earlier and +94% from the quarter before. Operating margin was -52.5%, net loss $1.8M (51.1% of revenue).
AmpliTech Group, Q1 2025: revenue $3.6M (+57% year over year), operating margin -52.5%, net loss $1.8M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6M | +94% | +57% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $3.6M in Q1 2025, up 57% year over year and up 94% from the previous quarter. Distribution was the largest line at 73% of revenue. Distribution added $1.4M year over year (up 109%), 104% of the total change. Manufacturing and Engineering declined 5%.
Gross margin was 33.0%, down 5.5 points from a year earlier. Operating costs exceeded revenue by $1.9M, an operating margin of -52.5%. Operating expenses grew 33% against revenue growth of 57%. The fastest-growing cost line was Research & development (+167%). The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $3.8M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $122K of depreciation and amortization and $125K of share-based compensation. Working capital and other items used $416K. Capital expenditures of $361K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was AmpliTech Group's revenue in the first quarter 2025?
AmpliTech Group (AMPG) reported revenue of $3.6M for the first quarter 2025 (Q1 2025), +57% from a year earlier and +94% from the quarter before.
Was AmpliTech Group profitable in the first quarter 2025?
Operating loss was $1.9M (-52.5% of revenue) and net loss $1.8M.
Source: AmpliTech Group 10-Q on SEC EDGAR.