AMPGNasdaqCommunications Equipment, NECFiscal year ends December 31Also trades as AMPGZ
AmpliTech Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$2.36−0.03 (-1.26%)
Close on Oct 19, 2026
- Market cap
- $60.06M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
23.9%−12.3 pts over 5 years
Operating margin
-29.1%−2.6 pts over 5 years
Net margin
-27.8%+1.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +165.0% | +9.1% | +48.8% | +32.7% | |
| Gross profit | +73.0% | -12.3% | +36.9% | +23.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 123.6% | -133.7% | -19.9% | |
| Return on assets | 72.3% | -33.2% | -14.8% | |
| Current ratio | 3.78 | 2.13 | 1.68 | |
| Debt to equity | – | 3.18 | – | |
| Net debt to EBITDA | – | -1.45× | – | |
| Interest coverage | 30.2× | -8.4× | – | |
| Inventory turnover | 4.0× | 4.1× | 2.3× | |
| Capex to revenue | 0.7% | 2.1% | 4.0% | |
| Diluted shares | 4M | 3M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
AmpliTech generated $23.07M from operations and spent $3.83M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$23.07M
Used
$3.83M
Capital expenditure$3.83M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-27.8%
×Asset turnover0.53×
×Equity multiplier1.35×
=Return on equity, FY2025-19.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -27.8% | 0.53× | 1.35× | -19.9% |
| FY2024 | -118.2% | 0.25× | 1.16× | -35.0% |
| FY2023 | -15.8% | 0.46× | 1.23× | -8.9% |
| FY2022 | -3.5% | 0.54× | 1.24× | -2.3% |
| FY2021 | -90.2% | 0.28× | 1.29× | -32.3% |
| FY2020 | -29.7% | 1.12× | 4.02× | -133.7% |
| FY2019 | 0.2% | 1.31× | 2.37× | 0.6% |
| FY2018 | 13.7% | 2.31× | 1.46× | 46.5% |
| FY2017 | -7.0% | 1.91× | 1.32× | -17.7% |
| FY2016 | 22.4% | 3.23× | 1.71× | 123.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$7.01M
- Cash generatingOperating cash flow above zero-$8.68M
- Return on assets improvedROA up on the prior year-35.8% → -16.2%
- Earnings backed by cashOperating cash flow above net income-$8.68M vs -$7.01M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose18.45 → 1.68
- No dilutionShare count did not rise11M → 21M
- Gross margin improvedGross margin up on the prior year36.65% → 23.93%
- More efficientAsset turnover rose0.30 → 0.58