Business Description
AmpliTech Group, Inc. specializes in the design, engineering, and manufacturing of microwave component-based amplifiers. Their diverse portfolio encompasses radio frequency (RF) amplifiers and associated subsystems, including low noise amplifiers (LNAs) crucial for receivers in various communication platforms such as Wi-Fi, radar, satellite, base stations, and cellular networks, as well as medium power amplifiers (MPAs) designed to boost output power and gain in transceiver chains. Furthermore, AmpliTech offers an array of specialized microwave devices, including block downconverters for testing satellite access point antennas, 1:2 Tx protection switch panels for satellite communication earth stations, versatile wideband power amplifiers (desktop/benchtop/compact), and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. Notably, the company produces cutting-edge cryogenic amplifiers, vital for advanced applications spanning quantum computing, medical imaging, RF research, space communications, accelerators, radiometry, and telephony. They also provide cryogenic and non-cryogenic 4G/5G small cell subsystems, essential for high-speed network infrastructure and in-flight Wi-Fi solutions. Beyond its product offerings, AmpliTech provides custom assembly designs, non-recurring engineering (NRE) services on a project basis, alongside IC packaging and lid solutions. Serving critical sectors like aerospace, government, defense, commercial satellite, and wireless industries, AmpliTech distributes its products through a network of sales representatives and distributors across the United States, Europe, the Middle East, and South Asia. Established in 2002, the company's operations are headquartered in Bohemia, New York.
Business History
Price Overview
Last updated: Jun 27, 2026 11:05am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.33
Total Equity: $32.86M
Shares: 20,989,855
Total Debt: $516,718
Cash: $4.98M
EBITDA: -$5.70M
Total Debt: $516,718
Cash: $4.98M
Revenue: $25.20M
Shares: 20,989,855
Revenue: $25.20M
Revenue: $25.20M
Revenue: $25.20M
Total Equity: $32.86M
Tax Rate: -0.2%
Equity: $32.86M
Total Debt: $516,718
Cash: $4.98M
Current Liabilities: $14.90M
Long-Term Debt: $0.00
Total Debt: $516,718
Total Equity: $32.86M
Shares: 20,989,855
Shares: 20,989,855
CapEx: -$1.02M
Shares: 20,989,855
Stock Price: $6.55
Net Income: -$7.01M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 23, 2026 10:21am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.3M | $19.4M | $15.6M | $9.5M | $25.2M |
| Cost of Revenue | $4.0M | $10.5M | $8.4M | $6.0M | $20.0M |
| Gross Profit | $1.3M | $8.9M | $7.2M | $3.5M | $5.1M |
| Operating Expenses | $6.4M | $8.8M | $9.7M | $11.9M | $12.5M |
| Operating Income | -$5.1M | $150,957 | -$2.6M | -$8.4M | -$7.3M |
| Net Income | -$4.8M | $-677,107 | -$2.5M | -$11.2M | -$7.0M |
| EBITDA | -$4.5M | $1.2M | -$1.9M | -$7.4M | -$5.7M |
| EPS | $-0.53 | $-0.07 | $-0.26 | $-1.08 | $-0.33 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 23, 2026 10:21am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $18.0M | $13.3M | $6.7M | $19.3M | $5.0M |
| Total Current Assets | $24.3M | $22.2M | $17.1M | $28.3M | $25.1M |
| Total Assets | $35.2M | $36.7M | $31.4M | $43.5M | $51.5M |
| Current Liabilities | $3.8M | $1.8M | $1.5M | $1.5M | $14.9M |
| Long-Term Debt | $200,491 | $89,597 | $0 | $0 | $0 |
| Total Liabilities | $6.2M | $7.9M | $4.7M | $6.0M | $18.6M |
| Total Equity | $29.0M | $28.8M | $26.7M | $37.5M | $32.9M |
| Retained Earnings | -$6.6M | -$7.3M | -$9.8M | -$21.0M | -$28.0M |
Cash Flow (Annual)
Last updated: Jun 23, 2026 10:21am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$2.2M | -$3.4M | -$3.5M | -$5.3M | -$8.7M |
| Capital Expenditure | -$1.1M | $-735,761 | $-973,349 | $-42,920 | -$1.0M |
| Free Cash Flow | -$3.3M | -$4.2M | -$4.4M | -$5.3M | -$9.7M |
| Acquisitions (net) | -$9.2M | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $17.8M | -$4.7M | -$6.6M | $12.6M | -$7.6M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:13am (1h ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$10.7M $10.7M – $10.7M
|
$25.0M $25.0M – $25.0M
|
$50.0M $50.0M – $50.0M
|
$60.0M $60.0M – $60.0M
|
| EBITDA |
-$4.1M -$4.1M – -$4.1M
|
-$9.6M -$9.6M – -$9.6M
|
-$19.2M -$19.2M – -$19.2M
|
-$23.0M -$23.0M – -$23.0M
|
| Net Income |
-$18.1M -$18.1M – -$18.1M
|
-$5.2M -$5.2M – -$5.2M
|
$5.0M $5.0M – $5.0M
|
$7.8M $7.8M – $7.8M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 23, 2026 10:21am (4d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +267.7% | -19.6% | -39.0% | +165.0% |
| Gross Profit Growth | +590.2% | -19.9% | -51.3% | +47.7% |
| Operating Income Growth | +103.0% | -1,807.5% | -227.1% | +13.2% |
| Net Income Growth | +85.8% | -264.1% | -356.0% | +37.7% |
| EBITDA Growth | +127.4% | -255.5% | -288.6% | +23.2% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 9:13am (1h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-23 | Mazziota Daniel Richard | S-Sale | 10,000.00 | $7.71 | $77,146 |
| 2026-06-22 | Mazziota Daniel Richard | S-Sale | 7,157.00 | $8.46 | $60,532 |
| 2026-06-01 | Flores Jorge Luis | M-Exempt | 25,000.00 | $3.52 | $88,000 |
| 2026-06-01 | Flores Jorge Luis | M-Exempt | 5,000.00 | $3.88 | $19,400 |
| 2026-06-01 | Flores Jorge Luis | S-Sale | 30,000.00 | $5.36 | $160,863 |
| 2026-06-01 | Flores Jorge Luis | M-Exempt | 5,000.00 | $3.88 | $19,400 |
| 2026-06-01 | Flores Jorge Luis | M-Exempt | 25,000.00 | $3.52 | $88,000 |
| 2026-05-28 | Sanfratello Louisa | M-Exempt | 50,000.00 | $3.52 | $176,000 |
| 2026-05-28 | Sanfratello Louisa | S-Sale | 50,000.00 | $4.80 | $240,140 |
| 2026-05-28 | Sanfratello Louisa | M-Exempt | 50,000.00 | $3.52 | $176,000 |
| 2026-05-22 | Mazziota Daniel Richard | S-Sale | 10,000.00 | $4.95 | $49,537 |
| 2026-01-30 | Sanfratello Louisa | A-Award | 200,000.00 | $3.04 | $608,000 |
| 2026-01-30 | Sanfratello Louisa | M-Exempt | 50,000.00 | $3.04 | $152,000 |
| 2026-01-30 | Maqbool Fawad | M-Exempt | 50,000.00 | $3.04 | $152,000 |
| 2026-01-30 | Maqbool Fawad | A-Award | 200,000.00 | $3.04 | $608,000 |
| 2026-01-30 | Flores Jorge Luis | A-Award | 200,000.00 | $3.04 | $608,000 |
| 2026-01-30 | Flores Jorge Luis | M-Exempt | 50,000.00 | $3.04 | $152,000 |
| 2026-01-14 | Maqbool Fawad | M-Exempt | 500.00 | $4.00 | $2,000 |
| 2026-01-14 | Maqbool Fawad | A-Award | 500.00 | $5.00 | $2,500 |
| 2026-01-14 | Maqbool Fawad | A-Award | 500.00 | $6.00 | $3,000 |
Narrative Economics
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