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Amplitech Group, Inc. (AMPG) stock

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NASDAQ: AMPG Nasdaq Communications Equipment Next results ~November 12, 2026

E Fundamentals grade

Amplitech Group, Inc. is a US-listed company in the communications equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$0.9

Price-to-sales vs peers

Base case. Range ~$0.7–$5.1. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 3 selling3 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds49 adding, 17 cuttingOf 10 active managers that changed their stake, 6 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Amplitech Group files

Where Amplitech stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $24m, up 24.2% on a year earlier, slower than the 149.2% growth a quarter earlier. Free-cash-flow margin fell to -62.9% from -39.7% a year earlier. Operating margin widened to -34.7% from -47.9%. The diluted share count is up 42.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 2 financial-health checks. Our price-to-sales vs peers value is $1.06 a share, against a share price of $2.84.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Amplitech Group, Inc.'s trailing-twelve-month revenue grew 24.2% year on year, with a free-cash-flow margin of -62.9%. Where it lags: change in growth rate of -125.0pp ranks 40 of 40 communications equipment companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 96.6% while net income grew 7.2%: a 104pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 24.2% over the last 12 months, against a median of 11.3% for communications equipment companies we cover.
  • Margins widening. Operating margin is up 13.2 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Growth slowing. The growth rate is 125.0 points lower than a quarter earlier.
  • Loss-making. Operating margin is -34.7%: costs exceed revenue.
  • Burning cash. Free cash flow was -62.9% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 42.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 111% and a beta of 2.5 against the S&P 500.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 7.8% ranks 34 of 37 communications equipment companies we cover (median 3.9%).

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
-$0.12 against an average estimate of -$0.02: missed by 500.0%
Revenue
$8m, down 26.8% on a year earlier
Share reaction
-37.7% in the first session after the results on August 13, 2026, against +0.5% for the S&P 500
Next report
November 12, 2026

Amplitech Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.2%
  • 1 week-8.1%
  • 1 month-16.2%
  • This year-16.4%
  • 1 year-21.1%
  • 5 years-49.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$24M
Operating margin
-34.7%
Net margin
-33.4%
EPS (TTM, diluted)
$-0.35

Growth

Revenue growth
+24.2%
Change in growth rate
−125.0 pts
Share count change
+42.0%

Cash

Free cash flow (TTM)
-$15.1M
FCF margin
-62.9%
Stock pay % of revenue
7.8%

Earnings

Last results
August 13, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Agreement
  4. Announcement
  5. Agreement ended

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Amplitech Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.89 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.9 ~$0.7–$5.1 Included, half weight
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$0.9 ~$0.7–$5.1 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Amplitech Group, Inc. with Communications Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Amplitech Group, Inc.: market value and multiples by fiscal year
At fiscal year end 20212022202320242025Now
Share price$3.94$2.12$1.88$5.14$2.99$2.50
Market value$70m$41m$36m$111m$63m$58m
+ Net debt (− = net cash)−$18m−$13m−$7m−$17m−$5m−$9m
Enterprise value$52m$28m$30m$94m$58m$49m
Multiples
Price / sales 13.3x2.1x2.3x11.7x2.5x2.4x
Price / earnings ——————
Price / free cash flow ——————
EV / EBITDA —49.4x————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

20 /100

Weak moat

How hard Amplitech Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -14.6% of total assets over 7 years.

  • Pricing power 7 / 20

    Gross margin has been a median 43.1%, moving by 11.3 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -23.4%; its worst year was -55.2%.

  • Cash conversion 1 / 20

    Free cash flow was positive in 1 of 9 years, at a median -34.6% of revenue.

  • Discipline 7 / 20

    The diluted share count rose 438.5% over five years; stock-based pay has been a median 4.0% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (25 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $14m for the quarter.

Analysts' consensus

Amplitech Group, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current −$0.26 +21% $36m +45%
Next $0.08 +131% $60m +65%

Next year's EPS estimate has moved −78.4% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −208.3% on 90 days ago. In the last 30 days, 0 analysts raised Amplitech Group, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Amplitech Group, Inc., last 90 days
−$0.40 −$0.20 $0.00 $0.20 $0.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.24 Current fiscal year, 60 days ago: $0.24 Current fiscal year, 30 days ago: $0.24 Current fiscal year, 7 days ago: $0.24 Current fiscal year, Now: −$0.26 −$0.26 Next fiscal year, 90 days ago: $0.37 Next fiscal year, 60 days ago: $0.37 Next fiscal year, 30 days ago: $0.37 Next fiscal year, 7 days ago: $0.37 Next fiscal year, Now: $0.08 $0.08

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.24$0.37
60 days ago $0.24$0.37
30 days ago $0.24$0.37
7 days ago $0.24$0.37
Now −$0.26$0.08

Earnings against estimates

Amplitech Group, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 −$0.02 −$0.12 −500.0%
Mar 2026 −$0.05 −$0.06 −20.0%
Dec 2025 −$0.07 −$0.14 −100.0%
Sept 2025 −$0.09 −$0.01 +88.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 13, 2026

No numeric guidance in Amplitech Group, Inc.'s latest earnings release (filed August 13, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Amplitech Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.7%
of tradable shares
Days to cover
4.93
at average volume
Short interest, 1 month
−20%
to October 15, 2026
Held by institutions
27%
of shares
Held by insiders
10.6%
of shares
Employees
46
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −30.6%

$3.60 on October 31, 2025 to $2.50

Amplitech Group, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $19m $24m +24.2%
P/S multiple 3.0x 2.4x −20.6%
Share count 16m 23m −29.6%

Biggest factor: share count. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Amplitech Group, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 20222023202420252026 to date
Return
AMPG−46%−11%+173%−42%−16%
Industry peers (median)−18%−12%+23%+3%−3%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
AMPG25%50%42%42%36%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
AMPG−59%−55%−74%−76%−76%
S&P 500−25%−10%−8%−19%−9%

Worst fall since January 8, 2021: 96% from February 16, 2021 to August 29, 2024. Getting back needed a 2583% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.76 – $9.70
From 52-week high
−74.2%
vs 50-day average
−19.1%
vs 200-day average
−34.6%
Volatility (1 year)
111%
Beta vs S&P 500
2.48

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 6 down
typical move ±12.5%
After a week
4 up, 6 down
typical move ±24.6%
After a month
5 up, 5 down
typical move ±40.9%
Amplitech Group, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 13, 2026 −37.7% +0.5% −46.3% −47.3%
May 13, 2026 +6.7% +1.4% +64.7% +215.6%
January 5, 2026 +7.3% +1.3% +18.3% −13.1%
August 14, 2025 −15.3% −0.2% −15.8% +13.1%
July 17, 2025 +8.3% +0.5% +19.7% +17.4%
March 24, 2025 −4.2% +2.0% −7.2% +4.2%
August 14, 2024 −3.4% +2.0% −19.5% −17.6%
May 16, 2024 −33.3% −0.1% −36.6% −51.2%
March 31, 2023 +8.6% +1.8% +12.2% +25.6%
August 17, 2021 −0.6% −1.7% −5.4% −3.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Amplitech Group, Inc. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Amplitech Group, Inc.
$5M $10M $15M $20M $25M $30M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $15.8M Revenue (TTM), FY23 Q4: $15.6M Revenue (TTM), FY24 Q1: $13.8M Revenue (TTM), FY24 Q2: $12.2M Revenue (TTM), FY24 Q3: $11.7M Revenue (TTM), FY24 Q4: $9.5M Revenue (TTM), FY25 Q1: $10.8M Revenue (TTM), FY25 Q2: $19.3M Revenue (TTM), FY25 Q3: $22.6M Revenue (TTM), FY25 Q4: $25.2M Revenue (TTM), FY26 Q1: $26.9M Revenue (TTM), FY26 Q2: $24M $24M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $15.8M
FY23 Q4 $15.6M
FY24 Q1 $13.8M
FY24 Q2 $12.2M
FY24 Q3 $11.7M
FY24 Q4 $9.5M
FY25 Q1 $10.8M
FY25 Q2 $19.3M
FY25 Q3 $22.6M
FY25 Q4 $25.2M
FY26 Q1 $26.9M
FY26 Q2 $24M
Revenue growth, TTM YoY Amplitech Group, Inc.
-100% 0% 100% 200% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -11.2% Revenue growth, TTM YoY, FY23 Q4: -19.6% Revenue growth, TTM YoY, FY24 Q1: -25.2% Revenue growth, TTM YoY, FY24 Q2: -31.7% Revenue growth, TTM YoY, FY24 Q3: -26.4% Revenue growth, TTM YoY, FY24 Q4: -39.0% Revenue growth, TTM YoY, FY25 Q1: -21.4% Revenue growth, TTM YoY, FY25 Q2: 58.0% Revenue growth, TTM YoY, FY25 Q3: 93.5% Revenue growth, TTM YoY, FY25 Q4: 165.0% Revenue growth, TTM YoY, FY26 Q1: 149.2% Revenue growth, TTM YoY, FY26 Q2: 24.2% 24.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -11.2%
FY23 Q4 -19.6%
FY24 Q1 -25.2%
FY24 Q2 -31.7%
FY24 Q3 -26.4%
FY24 Q4 -39.0%
FY25 Q1 -21.4%
FY25 Q2 58.0%
FY25 Q3 93.5%
FY25 Q4 165.0%
FY26 Q1 149.2%
FY26 Q2 24.2%
Operating margin (TTM) Amplitech Group, Inc.
-100% -50% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -13.5% Operating margin (TTM), FY23 Q4: -16.5% Operating margin (TTM), FY24 Q1: -24.6% Operating margin (TTM), FY24 Q2: -36.4% Operating margin (TTM), FY24 Q3: -39.5% Operating margin (TTM), FY24 Q4: -88.7% Operating margin (TTM), FY25 Q1: -82.2% Operating margin (TTM), FY25 Q2: -47.9% Operating margin (TTM), FY25 Q3: -37.1% Operating margin (TTM), FY25 Q4: -29.1% Operating margin (TTM), FY26 Q1: -26.2% Operating margin (TTM), FY26 Q2: -34.7% -34.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -13.5%
FY23 Q4 -16.5%
FY24 Q1 -24.6%
FY24 Q2 -36.4%
FY24 Q3 -39.5%
FY24 Q4 -88.7%
FY25 Q1 -82.2%
FY25 Q2 -47.9%
FY25 Q3 -37.1%
FY25 Q4 -29.1%
FY26 Q1 -26.2%
FY26 Q2 -34.7%
FCF margin (TTM) Amplitech Group, Inc.
-80% -60% -40% -20% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -16.7% FCF margin (TTM), FY23 Q4: -28.5% FCF margin (TTM), FY24 Q1: -35.0% FCF margin (TTM), FY24 Q2: -39.5% FCF margin (TTM), FY24 Q3: -50.6% FCF margin (TTM), FY24 Q4: -56.1% FCF margin (TTM), FY25 Q1: -61.3% FCF margin (TTM), FY25 Q2: -39.7% FCF margin (TTM), FY25 Q3: -32.7% FCF margin (TTM), FY25 Q4: -38.5% FCF margin (TTM), FY26 Q1: -42.7% FCF margin (TTM), FY26 Q2: -62.9% -62.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -16.7%
FY23 Q4 -28.5%
FY24 Q1 -35.0%
FY24 Q2 -39.5%
FY24 Q3 -50.6%
FY24 Q4 -56.1%
FY25 Q1 -61.3%
FY25 Q2 -39.7%
FY25 Q3 -32.7%
FY25 Q4 -38.5%
FY26 Q1 -42.7%
FY26 Q2 -62.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Amplitech Group, Inc.: annual financial statements
Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1 2 1 2 3 3 5 19 16 10 25 24
Gross profit 1 1 1 1 2 1 1 9 7 3 6 9
EBITDA 0 1 −0 0 0 −1 −5 1 −2 −8 −6 −6
Operating income 0 0 −0 0 0 −1 −5 0 −3 −8 −7 −8
Net income 0 0 −0 0 0 −1 −5 −1 −2 −11 −7 −8
Diluted EPS $0.00 $0.05 $0.00 $0.00 $0.00 −$0.18 −$0.27 −$0.04 −$0.13 −$0.52 −$0.33 −$0.35
Growth (year on year)
Revenue — +37.2% −32.2% +73.6% +30.2% +10.7% +52.6% +267.6% −19.6% −39.0% +165.0% +24.2%
EBITDA — +331.0% −112.6% — −64.3% −706.5% — — −463.5% — — —
Operating income — +445.1% −119.1% — −76.0% <−999% — — — — — —
Net income — +811.7% −121.3% — −98.2% — — — — — — —
Diluted EPS — — −100.0% — — — — — — — — —
Margins
Gross margin 49.4% 59.4% 52.7% 57.6% 50.1% 36.3% 24.5% 46.0% 46.7% 36.7% 23.9% 36.7%
EBITDA margin 7.8% 24.6% −4.6% 15.9% 4.4% −23.8% −94.0% 2.9% −13.1% −83.0% −23.9% −26.4%
Operating margin 5.8% 23.2% −6.5% 14.2% 2.6% −26.5% −96.8% 0.8% −16.5% −88.7% −29.1% −34.7%
Net margin 3.4% 22.4% −7.0% 13.7% 0.2% −29.7% −90.2% −3.5% −15.8% −118.2% −27.8% −33.4%
Free-cash-flow margin 1.9% 16.3% −12.5% 15.1% −1.0% −17.2% −61.8% −21.5% −28.5% −56.1% −38.5% −54.6%
Cash flow
Cash from operations 0 0 −0 0 −0 −1 −2 −3 −3 −5 −9 −13
Capital spending 0 0 0 −0 0 0 1 1 1 0 1 0
Free cash flow 0 0 −0 0 −0 −1 −3 −4 −4 −5 −10 −13
Stock-based pay — — — — 0 0 1 0 0 1 1 2
Free cash flow after stock pay — — — — −0 −1 −4 −5 −5 −6 −10 −15
Balance sheet
Cash 0 0 0 0 1 0 18 13 7 19 5 9
Total debt 0 0 0 0 2 2 0 0 0 2 0 0
Net debt (negative = net cash) 0 −0 −0 −0 1 2 −18 −13 −7 −17 −5 −9
Diluted shares 17m 17m 9m 9m 9m 6m 18m 19m 19m 22m 21m 23m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $59m
Short-term assets $31mLonger-term assets $27m
What it owes, and who funded it · $59m
Short-term liabilities $8mLonger-term liabilities $3mShareholders' equity $47m
  • Short-term assets cover short-term liabilities $31m of assets due within a year against $8m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $31m short-term assets against $3m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Amplitech Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+42.0%
year over year
R&D spending
13.2%
of revenue
Sales & admin spending
58.2%
of revenue
Days sales outstanding
95 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in communications equipment
Growth, margins and cash generation against peers
Last 12 months unless stated AMPG FKWL IOTR CIIT BOSC AIRG Median
Revenue, last 12 months $24m $37m $15m $14m $51m $51m $324m
Revenue growth, last 12 months 24.2% −20.8% 40.4% 51.0% 26.6% −9.6% 11.0%
Revenue growth, 3-year average 10.3% −7.4% — 134.3% 25.0% −10.4% 4.1%
Revenue growth, latest quarter −26.8% 21.2% — 121.3% — 0.6% 12.9%
Gross margin 36.7% 17.1% 21.4% 8.8% 23.9% 43.4% 43.7%
Operating margin −34.7% −7.3% −7.7% −14.6% 5.8% −14.0% 2.2%
Operating margin, 3-year average −39.7% −10.9% — −8.4% 3.7% −17.7% −1.4%
Net margin −33.4% −13.0% −7.9% −14.7% 7.1% −13.6% −0.0%
Cash from operations / revenue −54.6% −17.2% −15.2% −20.4% 10.0% −5.4% 9.9%
Free-cash-flow margin −62.9% −17.3% −19.1% −20.4% 9.1% −5.8% 7.7%
Free-cash-flow margin, 3-year average −47.4% −5.4% — −13.2% 2.7% −5.7% 2.2%
Stock pay / revenue 7.8% 0.0% — — 0.3% 6.0% 3.9%
Change in share count 42.0% 0.0% 10.1% −21.3% 7.2% 6.3% 1.5%

Median of all 40 companies we cover in communications equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 communications equipment companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 24.2% 11.3% 13 of 40
Change in growth rate Growth -125.0pp +2.0pp 40 of 40
Gross margin Profitability 36.7% 44.1% 27 of 36
Operating margin Profitability -34.7% 2.4% 36 of 40
Net margin Profitability -33.4% 0.6% 36 of 40
Free-cash-flow margin Cash generation -62.9% 8.2% 35 of 38
Stock pay as % of revenue Cash generation 7.8% 3.9% 34 of 37
Change in share count Balance sheet 42.0% 1.6% 35 of 36
Days sales outstanding Balance sheet 95 days 75 days 26 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Manufacturing and Engineering $17M 67.3% ▲ 371.2%
Distribution $8.2M 32.7% ▲ 39.3%

From Amplitech Group, Inc.'s 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$45.8M
Institutions reporting
63
Shares held vs prior quarter
▲ 7.5%
Positions opened / closed
34 / 8

Top buyers and sellers, Q2 2026: 49 institutions bought and 17 sold ; the biggest buyer was HRT Financial LP (+551K shares) and the biggest seller Creek Drive Management Group LLC (−736K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Bard Associates Inc $10.3M 1.5M 22.5% ▼ 7.5%
Vanguard Capital Management LLC $6.7M 956K 14.5% ▲ 18.8%
HRT Financial LP $3.8M 551K 8.4% New
Blackrock, Inc. $3.6M 523K 8.0% ▲ 383.7%
Landscape Capital Management, L.L.C. $3.1M 450K 6.8% ▲ 899.9%
Geode Capital Management, LLC $1.7M 246K 3.7% ▲ 1.4%
Dimensional Fund Advisors LP $1.3M 185K 2.8% ▼ 14.0%
Jane Street Group, LLC $950,778 137K 2.1% New
Informed Momentum Co LLC $936,990 135K 2.0% New
Vanguard Fiduciary Trust Co $907,911 130K 2.0% ▲ 17.2%
Simplex Trading, LLC $862,163 124K 1.9% New
State Street Corp $789,737 113K 1.7% ▲ 27.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Amplitech Group, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Maqbool Fawad Chief Executive Officer August 20, 2026 Buy 7,247 $3.45 $25,002
Maqbool Fawad Chief Executive Officer August 20, 2026 Buy 5,000 $3.53 $17,650
Mazziota Daniel Richard Director June 23, 2026 Sell 10,000 $7.71 $77,100
Mazziota Daniel Richard Director June 22, 2026 Sell 7,157 $8.46 $60,548
Flores Jorge Luis Chief Operating Officer June 1, 2026 Sell 30,000 $5.36 $160,800
Sanfratello Louisa Chief Financial Officer May 28, 2026 Sell 50,000 $4.80 $240,000
Mazziota Daniel Richard Director May 22, 2026 Sell 10,000 $4.95 $49,500
Modi Shailesh Director December 18, 2025 Buy 2,000 $2.90 $5,800

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 13, 2026
  • May 13, 2026
  • January 5, 2026
  • August 14, 2025
  • July 17, 2025
  • March 24, 2025

Recent SEC filings

Data status

When each part of this page on Amplitech Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Amplitech Group, Inc. in brief

What does Amplitech Group, Inc. do?
Amplitech Group, Inc. is a US-listed company in the communications equipment industry. Its financial year ends in December.
What is Amplitech Group, Inc.'s stock ticker?
Amplitech Group, Inc. trades under the ticker AMPG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Amplitech Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Amplitech Group, Inc. reported revenue of $24M, 24.2% higher than a year earlier, according to its SEC filings.
What is Amplitech Group, Inc.'s free cash flow?
Amplitech Group, Inc.'s free-cash-flow margin is -62.9% of revenue over the trailing twelve months, ranking 35 of the 38 communications equipment companies we cover.
Who are Amplitech Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Bard Associates Inc, Vanguard Capital Management LLC and HRT Financial LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Amplitech Group, Inc.'s market cap?
On November 2, 2026, Amplitech Group, Inc.'s market capitalisation was about $57.7M and net debt of -$8.9M. Market figures come from third-party market data and may be delayed.
Who are Amplitech Group, Inc.'s competitors?
In our Communications Equipment peer group, the companies closest to Amplitech Group, Inc. are Franklin Wireless Corp, Iothree Ltd, Tianci International, Inc., BOS Better Online Solutions LTD and Airgain Inc. The side-by-side comparison below sets their revenue, margins and growth against Amplitech Group, Inc.'s.
Are insiders buying or selling Amplitech Group, Inc. stock?
Over the last 12 months, Amplitech Group, Inc.'s directors and officers reported 3 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is Amplitech Group, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Amplitech Group, Inc. announces its own schedule.