AmpliTech Q1 revenue rises 49%, net loss narrows

Amplitech

13/05/2026 21:24

Overview

US RF component maker's Q1 revenue rose 49% yr/yr, gross margin improved to 48%

Net loss for Q1 narrowed 17.3% yr/yr

Company completed $16 mln capital raises to support growth and operations

Outlook

Company expects full-year revenue recognition to be weighted toward the second half of 2026

AmpliTech sees continued benefit from expanding global 5G infrastructure deployment activity

Company expects increasing demand for RF and microwave technologies to support growth

Result Drivers

COMMERCIALIZATION OF TECHNOLOGIES - Co said revenue growth was driven by transitioning key 5G and MMIC products from development to commercial deployment

MANUFACTURING SEGMENT GROWTH - Manufacturing and engineering segment revenue rose to $3.28 mln from $0.99 mln in prior-year quarter

LOWER R&D EXPENSES - Co reported lower research and development expenses as several products moved into commercialization and deployment phases

Company press release: ID:nGNX5DLmLr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$5.35 mln
$5 mln (1 Analyst)
Q1 Gross Margin
48.00%
Q1 Gross Profit
$2.57 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Amplitech Group Inc is $7.00, about 160.2% above its May 12 closing price of $2.69

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)