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AmpliTech Group (AMPG) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

AmpliTech Group (AMPG) reported revenue of $6.1M for the third quarter 2025 (Q3 2025), +115% from a year earlier and -45% from the quarter before. Operating margin was -3.6%, net loss $188K (3.1% of revenue).

Revenue$6.1M
Year over year+115%
Quarter over quarter-45%
Operating margin-3.6%
Net earnings−$188K

AmpliTech Group, Q3 2025: revenue $6.1M (+115% year over year), operating margin -3.6%, net loss $188K, operating cash flow −$999K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$6.1M-45%+115%
Operating profit−$221K——
Net earnings−$188K——
Operating cash flow−$999K——

What changed

Revenue was $6.1M in Q3 2025, up 115% year over year and down 45% from the previous quarter. Manufacturing and Engineering was the largest line at 65% of revenue.

Gross margin was 48.6%, up 1.0 points from a year earlier. Operating costs exceeded revenue by $221K, an operating margin of -3.6%. Operating expenses grew 31% against revenue growth of 115%. The fastest-growing cost line was SG&A (+33%). The quarter ended with a net loss of $188K, narrower than the previous quarter's $1.8M loss.

Operating cash flow was −$1.0M. Non-cash charges added back $381K of depreciation and amortization and $92K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $443K exceeded it, leaving free cash flow of −$1.4M.

Questions

What was AmpliTech Group's revenue in the third quarter 2025?

AmpliTech Group (AMPG) reported revenue of $6.1M for the third quarter 2025 (Q3 2025), +115% from a year earlier and -45% from the quarter before.

Was AmpliTech Group profitable in the third quarter 2025?

Operating loss was $221K (-3.6% of revenue) and net loss $188K.

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Source: AmpliTech Group 10-Q on SEC EDGAR.