AmpliTech Group reported second quarter 2026 revenue of $8.07 million, slightly exceeding analyst expectations and marking a sharp sequential recovery. While gross profit surged 161.2% year-over-year, the company's net loss widened as it doubled its investment in research and development to support 5G and MMIC product commercialization.
Key Highlights
- Revenue reached $8.07 million, a 50.9% sequential increase from $5.35 million in the first quarter of 2026.
- Gross margin expanded to 27.9% compared to 7.8% in the second quarter of 2025, though it remains below the 48.0% achieved in the first quarter due to product mix variations.
- Research and development expenses rose to $1.37 million from $0.66 million last year, with $1.08 million specifically allocated to 5G product development.
- Subsequent to the quarter's end, the company bolstered its balance sheet with $20.12 million in net proceeds from a rights exercise and secured over $6 million in new orders during July 2026.