AmpliTech Q2 revenue rises 51% sequentially

Amplitech

13/08/2026 21:18

Overview
U.S. RF microwave component maker's Q2 revenue rose 51% sequentially, gross profit up 161% yr/yr
Gross margin improved to 27.9% from 7.8% in Q2 2025
Company authorized $10 mln share buyback and closed Series A Rights offering, raising $21.92 mln

Outlook
Company remains focused on scaling commercialization and recurring production revenue
AmpliTech aims to advance 5G O-RAN radio and MMIC programs and grow semiconductor distribution
Company expects to improve operational efficiency and margin performance as product mix evolves

Result Drivers
AMPLIFIER SALES - Sales in amplifier and related passive microwave components and subsystems business increased 42.7% yr/yr
5G AND MMIC INVESTMENT - Co increased investment in 5G product development, prototype and testing activity, consulting support and MMIC design
SPECTRUM DISTRIBUTION EXPANSION - Expansion of Spectrum’s semiconductor distribution business contributed to revenue growth

Company press release: ID:nGNX4HVfpM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$8.07 mln
$8 mln (1 Analyst)
Q2 Gross Margin
 
27.90%
 
Q2 Gross Profit
 
$2.25 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 9.2% above its August 12 closing price of $6.41
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 5 three months ago

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(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.)