AmpliTech Group, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $25.2M | $9.5M | $15.6M | $19.4M | $5.3M |
| Cost of revenue | $292,018 | $308,071 | $256,248 | $194,456 | $95,145 |
| Gross profit | $6.0M | $3.5M | $7.3M | $8.9M | $1.3M |
| Selling, general & administrative | $10.7M | $7.9M | $7.5M | $7.6M | $4.6M |
| Research and development | $2.7M | $3.6M | $2.3M | $1.0M | $1.8M |
| Operating expenses | $13.3M | $11.9M | $9.9M | $8.8M | — |
| Operating income | -$7.3M | -$8.4M | -$2.6M | $150,957 | -$5.1M |
| Interest expense | — | — | — | $13,013 | $42,806 |
| Pretax income | -$7.0M | -$11.2M | -$2.4M | -$677,107 | — |
| Income tax expense | $13,000 | $15,000 | $24,000 | $0 | $0 |
| Net income | -$7.0M | -$11.2M | -$2.5M | -$677,107 | -$4.8M |
| Balance Sheet | |||||
| Cash and equivalents | $5.0M | $19.3M | $6.7M | $13.3M | $18.0M |
| Current assets | $25.1M | $28.3M | $17.1M | $22.2M | $24.3M |
| Total assets | $51.5M | $43.2M | $31.4M | $36.7M | $35.2M |
| Current liabilities | $14.9M | $1.5M | $1.5M | $4.0M | $3.8M |
| Total liabilities | $18.6M | $5.7M | $4.7M | $7.9M | $6.2M |
| Stockholders' equity | $32.9M | $37.5M | $26.7M | $28.8M | $29.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$8.7M | -$5.3M | -$3.5M | -$3.4M | -$2.2M |
| Depreciation and amortization | $411,026 | $388,673 | $381,185 | $262,032 | $146,620 |
| Stock-based compensation | $544,188 | $517,781 | $389,658 | $399,126 | $731,976 |
| Capital expenditure | $1.0M | $42,920 | $973,349 | $735,761 | $1.1M |
| Free cash flow | -$9.7M | -$5.3M | -$4.4M | -$4.2M | -$3.3M |
| Impairments | $0 | $476,928 | $0 | $120,136 | $0 |
Shares outstanding 25.3M · Free float 98.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.