Filing Flows › AmpliTech Group (AMPG) › Q1 2026
AmpliTech Group (AMPG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
AmpliTech Group (AMPG) reported revenue of $5.3M for the first quarter 2026 (Q1 2026), +49% from a year earlier and +19% from the quarter before. Operating margin was -30.3%, net loss $1.5M (28.4% of revenue).
AmpliTech Group, Q1 2026: revenue $5.3M (+49% year over year), operating margin -30.3%, net loss $1.5M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | +19% | +49% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$3.1M | — | — |
What changed
Revenue was $5.3M in Q1 2026, up 49% year over year and up 19% from the previous quarter. Manufacturing and Engineering was the largest line at 61% of revenue. Manufacturing and Engineering added $2.3M year over year (up 233%), 131% of the total change. Distribution declined 21%.
Gross margin was 48.0%, up 15.0 points from Q1 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -30.3%. Operating expenses grew 36% against revenue growth of 49%. The fastest-growing cost line was SG&A (+58%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $3.2M loss.
Operating cash flow was −$3.1M. Non-cash charges added back $532K of depreciation and amortization and $633K of share-based compensation. Working capital and other items used $2.8M.
Questions
What was AmpliTech Group's revenue in the first quarter 2026?
AmpliTech Group (AMPG) reported revenue of $5.3M for the first quarter 2026 (Q1 2026), +49% from a year earlier and +19% from the quarter before.
Was AmpliTech Group profitable in the first quarter 2026?
Operating loss was $1.6M (-30.3% of revenue) and net loss $1.5M.
Source: AmpliTech Group 10-Q on SEC EDGAR.