AmpliTech Group (NASDAQ:AMPG) Posts Earnings Results, Misses Expectations By $0.10 EPS

13 Aug 2026, 23:41 by Kim Johansen · The Markets Daily

AmpliTech Group (NASDAQ:AMPG – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.10), FiscalAI reports. AmpliTech Group had a negative net margin of 24.82% and a negative return on equity of 17.50%. The company had revenue of $8.07 million during the quarter, compared to analyst estimates of $8.00 million.

Here are the key takeaways from AmpliTech Group’s conference call:

Q2 revenue rose approximately 51% sequentially to $8.1 million, while first-half gross profit increased 135% year over year to $4.82 million. First-half gross margin also improved substantially, from about 14% to 35.9%, reflecting a more favorable product mix.
Higher investment in 5G R&D, customer-specific engineering, sales and marketing, cybersecurity, IT, and controls drove SG&A to $4.08 million and contributed to a $3.2 million operating loss and $3.09 million net loss. Q2 gross margin fell sequentially to 27.9% from 48% because of product mix and commercialization-related costs.
The July exercise of Series A rights generated approximately $20.1 million in net proceeds, in addition to about $13 million in cash and marketable securities at quarter-end. Management said the stronger balance sheet should support inventory, production capacity, customer qualification, and larger telecom deployments.
AmpliTech declined to reaffirm its previous $50 million 2026 revenue outlook, citing customer-controlled delays in international 5G deployment schedules and follow-on orders. Management characterized the issue as timing-related, noted that no backlog orders or LOIs had been canceled, and still expects meaningful year-over-year growth and a stronger second half.
The company reported approximately $6 million of follow-on orders in July, said its major LOIs remain active, and expects additional production orders as customer testing and deployment proceed. Management also highlighted its O-RAN certification and participation in the AI RAN Alliance as ways to expand exposure to major telecom and technology partners.

AmpliTech Group Trading Down 6.6%

Shares of NASDAQ:AMPG traded down $0.42 on Thursday, hitting $5.99. The company had a trading volume of 4,475,519 shares, compared to its average volume of 2,410,152. The stock has a market cap of $151.79 million, a price-to-earnings ratio of -19.32 and a beta of -0.20. The stock has a 50 day moving average price of $6.56 and a 200 day moving average price of $4.14. AmpliTech Group has a 1-year low of $1.64 and a 1-year high of $10.11.

Insider Buying and Selling

In other AmpliTech Group news, CFO Louisa Sanfratello sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $4.80, for a total transaction of $240,000.00. Following the completion of the sale, the chief financial officer directly owned 60,000 shares in the company, valued at $288,000. This trade represents a 45.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Jorge Luis Flores sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $5.36, for a total transaction of $160,800.00. Following the sale, the chief operating officer owned 76,000 shares of the company’s stock, valued at $407,360. This trade represents a 28.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 107,157 shares of company stock valued at $587,948. Company insiders own 17.12% of the company’s stock.

Hedge Funds Weigh In On AmpliTech Group

A number of large investors have recently made changes to their positions in the company. Marshall Wace LLP bought a new position in AmpliTech Group during the 4th quarter worth $181,000. Essex Investment Management Co. LLC lifted its holdings in shares of AmpliTech Group by 26.7% during the fourth quarter. Essex Investment Management Co. LLC now owns 87,840 shares of the company’s stock worth $263,000 after buying an additional 18,523 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of AmpliTech Group in the fourth quarter valued at about $473,000. Dimensional Fund Advisors LP boosted its position in shares of AmpliTech Group by 33.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 83,949 shares of the company’s stock valued at $251,000 after acquiring an additional 20,898 shares during the period. Finally, Two Sigma Investments LP grew its stake in shares of AmpliTech Group by 45.7% in the third quarter. Two Sigma Investments LP now owns 30,531 shares of the company’s stock valued at $119,000 after acquiring an additional 9,570 shares in the last quarter. Institutional investors own 10.99% of the company’s stock.

Wall Street Analysts Forecast Growth

AMPG has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of AmpliTech Group in a research note on Friday, July 17th. Wall Street Zen upgraded shares of AmpliTech Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, AmpliTech Group presently has an average rating of “Hold” and a consensus target price of $7.00.

Check Out Our Latest Report on AMPG

About AmpliTech Group

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AmpliTech Group, Inc is a design, development and manufacturing company specializing in high-performance RF and microwave components and subsystems. Headquartered in Lancaster, Pennsylvania, the company focuses on delivering ruggedized solutions for demanding applications in defense, aerospace, satellite communications and industrial test and measurement. AmpliTech’s products are engineered to meet stringent military and commercial standards, making them well-suited for mission-critical environments.