Amplitech Group, Inc. income statement AMPG

In fiscal 2025, which ended Dec 31, 2025, Amplitech Group, Inc. reported revenue of $25.2 million, up 165.0% from the year before. It recorded a net loss of $7.0 million. The operating loss came to $7.3 million, an operating margin of -29.1%. Diluted earnings per share were -$0.33. Over the twelve months ended Jun 30, 2026, revenue was $24.0 million and the net loss was $8.0 million. Across the 10 fiscal years shown, revenue grew from $2.0 million in fiscal 2016 to $25.2 million in fiscal 2025, about 32.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
24
+24.2%
25
+165.0%
10
-39.0%
16
-19.6%
19
+267.6%
5
+52.6%
3
+10.7%
3
+30.2%
2
+73.6%
1
-32.2%
2
Cost of revenue
15
-3.3%
19
+218.2%
6
-27.5%
8
-20.6%
10
+162.9%
4
+80.7%
2
+41.6%
2
+53.2%
1
+55.8%
1
-21.2%
1
+10.1%
Gross profit
9
+144.7%
6
+73.0%
3
-52.1%
7
-18.5%
9
+590.4%
1
+3.1%
1
-19.9%
2
+13.4%
1
+89.6%
1
-39.8%
1
+64.9%
Research and development
3
-25.5%
3
-25.2%
4
+53.3%
2
+128.7%
1
-44.1%
2
+2859.3%
0
+9.6%
0
+31.6%
0
-37.3%
0
—
Selling, general and administrative
14
+71.7%
11
+35.7%
8
+4.6%
8
-1.6%
8
+67.1%
5
+116.5%
2
+42.1%
1
+42.7%
1
+27.0%
1
+11.1%
1
+14.0%
Operating expenses
17
13
—
10
—
6
+194.8%
2
—
—
—
1
+14.0%
Operating income
-8
+10.0%
-7
+13.2%
-8
-227.1%
-3
—
-5
-457.4%
-1
-1217.0%
0
-76.0%
0
+479.0%
-0
-119.1%
0
+445.1%
Pretax income
-8
+7.2%
-7
+37.7%
-11
-359.9%
-2
—
—
—
0
-98.2%
0
+439.0%
-0
-121.3%
0
+811.7%
Income tax
—
0
-13.3%
0
-37.5%
0
0
0
0
—
—
—
0
Net income
-8
+7.2%
-7
+37.7%
-11
-356.0%
-2
-264.1%
-1
+85.8%
-5
-364.0%
-1
-17350.8%
0
-98.2%
0
+439.0%
-0
-121.3%
0
+811.7%
Basic EPS
-0.35
+34.8%
-0.33
+68.3%
-1.04
-300.0%
-0.26
-271.4%
-0.07
+86.8%
-0.53
-43.2%
-0.37
0.00
0.00
0.00
-100.0%
0.01
Diluted EPS
-0.35
+34.8%
-0.33
+68.3%
-1.04
-300.0%
-0.26
-271.4%
-0.07
+86.8%
-0.53
-43.2%
-0.37
0.00
0.00
0.00
-100.0%
0.01
Weighted average shares, basic
23
+42.5%
21
+94.7%
11
+11.6%
10
—
9
+219.9%
3
+14.5%
2
-94.9%
48
+3.5%
46
+0.0%
46
+0.0%
Weighted average shares, diluted
23
+42.5%
21
+94.7%
11
+11.6%
10
+0.5%
10
+8.0%
9
+219.9%
3
—
88
+90.0%
46
-46.2%
86
+0.0%
Other measures
Depreciation and amortization
2
+201.9%
1
+139.9%
1
+1.4%
1
+28.9%
0
+181.0%
0
+59.7%
0
+70.5%
0
+38.8%
0
+44.5%
0
-6.9%
0
-2.5%
EBITDA
-6
+26.3%
-6
+23.6%
-8
-285.6%
-2
—
-5
-501.7%
-1
-706.5%
0
-64.3%
0
+701.3%
-0
-112.6%
1
+331.0%
Interest coverage
—
—
—
-198.07x
—
-119.27x
-8.36x
11.41x
27.47x
-12.96x
30.20x
Margins
Gross margin
36.68%
23.93%
36.65%
46.68%
46.02%
24.50%
36.27%
50.15%
57.61%
52.75%
59.36%
Operating margin
-34.68%
-29.05%
-88.66%
-16.54%
—
-96.78%
-26.49%
2.63%
14.24%
-6.53%
23.17%
Pretax margin
-33.31%
-27.76%
-118.08%
-15.67%
—
—
—
0.19%
13.72%
-7.03%
22.41%
Profit margin
-33.37%
-27.81%
-118.24%
-15.82%
-3.49%
-90.21%
-29.66%
0.19%
13.72%
-7.03%
22.41%
EBITDA margin
-26.39%
-23.92%
-82.99%
-13.13%
—
-94.00%
-23.83%
4.35%
15.86%
-4.58%
24.59%
Effective tax rate
—
—
—
—
—
—
—
—
—
—
9.01%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Communications Equipment, NEC (SIC 3669)
Listed as
AMPG (Nasdaq), AMPGZ (Nasdaq)
Fiscal year ends
December 31
Incorporated in
NV
Headquarters
Hauppauge, NY
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1518461
Former names
BAYVIEW ACQUISITION CORP (until Jul 20, 2012)

Other Communications Equipment, NEC companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.