AI Earnings Predictions for Amplitech Group Inc. (AMPG)

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EX-99.1

Exhibit 99.1

FOR

IMMEDIATE RELEASE

AmpliTech Group Reports Q2 2026 Revenue of $8.07 Million, Up 50.9% Sequentially,

and Gross Profit Growth of 161.2% Year-over-Year

Gross margin expands to 27.9% from 7.8% in Q2 2025

Hauppauge, NY, August 13, 2026, AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGZ), a designer, developer, and manufacturer of advanced radio frequency (RF) microwave components, 5G communication systems, semiconductor solutions and quantum computing LNAs, today announced financial results for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights

● Revenue was $8.07 million, an increase of approximately 50.9% sequentially from $5.35 million in the first quarter of 2026.

● Gross profit increased 161.2% year-over-year to $2.25 million from $0.86 million in the prior-year quarter.

● Gross margin was 27.9%, compared with 7.8% in the second quarter of 2025.

● Sales in the amplifier and related passive microwave components and subsystems business increased 42.7% year-over-year.

● Research and development expense was $1.37 million, compared with $0.66 million in the prior-year quarter, reflecting continued investment in 5G product development, prototype and testing activity, consulting support and MMIC design. Q2 R&D included approximately $1.08 million of 5G expenses and $0.30 million of MMIC design expenses.

● Net loss was $(3.09) million, compared with $(1.77) million in the prior-year quarter, reflecting higher research and development investment as well as increased selling, general and administrative expenses, including amortization, legal fees, stock-based compensation, marketing and business development activity.

● Working capital was approximately $22.93 million as of June 30, 2026, compared with approximately $10.16 million at December 31, 2025. The current ratio was approximately 3.76. (working capital figure does not include rights offering proceedings which came in July 2026).

● Cash, cash equivalents and marketable securities totaled approximately $12.95 million as of June 30, 2026.

● Accounts receivable at $6.25 million

Operational and Strategic Progress

The second quarter demonstrated continued monetization across AmpliTech’s operating platform. The Company continues to develop and commercialize technologies serving four principal end markets:

● 5G / telecommunications infrastructure, including O-RAN radio systems and next-generation wireless infrastructure solutions

● SATCOM and space applications utilizing advanced RF and microwave technologies

● Defense and aerospace communications applications

● Semiconductor and quantum computing applications, including Spectrum Semiconductor Materials, MMIC technologies and cryogenic low-noise amplifier solutions

Management views the Company’s current stage as one of scaling commercialization and monetization rather than beginning it. The sequential revenue growth achieved in Q2, new ORAN 5G product sales, the expansion of Spectrum’s distribution business and continued sales growth in amplifier and passive microwave products demonstrate revenue contribution from multiple parts of the platform. At the same time, the Company continued to invest ahead of anticipated larger opportunities, particularly in 5G and MMIC development.

Balance Sheet and Liquidity

As of June 30, 2026, AmpliTech reported:

●

Cash, cash equivalents and marketable securities of approximately $12.95 million

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Total current assets of approximately $31.25 million

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Working capital of approximately $22.93 million

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Total assets of approximately $58.51 million

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Total stockholders’ equity of approximately $46.75 million

Based on its existing cash and cash equivalents, working capital, current and forecasted level of operations and forecasted cash flows, the Company believes it will be able to meet obligations arising from normal business operations and provide for capital requirements for at least the next 12 months.

Subsequent Corporate Developments

● On July 7, 2026, the Company terminated its equity distribution agreement with Maxim Group LLC.

● On July 7, 2026, the Board of Directors authorized a stock repurchase program of up to $10 million of the Company’s outstanding common stock over the following 24 months, subject to market conditions, applicable law and other considerations.

● On July 22, 2026, following the July 18 expiration of the Series A Rights, the Company closed the Series A Rights exercise process and received approximately $21.92 million in gross proceeds and approximately $20.12 million in net proceeds after fees and expenses.

● Received more than $6 million in follow-on orders during July 2026 alone, including nearly $4 million in additional orders under its previously announced Letter of Intent (“LOI”) with a North American mobile network operator.

Outlook

AmpliTech remains focused on scaling revenue, improving operating leverage and converting its technology and customer programs into in

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Exhibit 99.1

AmpliTech Group Reports Strong First Quarter 2026 Revenue Growth and Significant Q1 Gross Margin Expansion YoY

Hauppauge, NY, May 13, 2026, AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGR, AMPGZ), a designer, developer, and manufacturer of advanced radio frequency (RF) microwave components, 5G communication systems and Quantum computing LNAs, today announced financial results for the quarter ended March 31, 2026.

First Quarter 2026 Highlights

● Revenue increased 48.6% year-over-year to $5.35 million, compared to $3.60 million in the first quarter of 2025.

● Gross profit increased 116.1% year-over-year to $2.57 million from $1.19 million in the prior- year period.

● Gross margin improved significantly to 48.0%, compared to 33.0% in the prior-year period.

● Manufacturing and engineering segment revenue increased to $3.28 million from $0.99 million in the prior-year quarter.

● Net loss improved 17.3% year-over-year to $(1.52) million.

● Cash, cash equivalents and marketable securities increased to approximately $18.4 million as of March 31, 2026.

● Working capital improved to approximately $25.4 million from $10.2 million on December 31, 2025. Current ratio (defined as current assets/current liabilities) improved to 4.25 from 1.68 on December 31, 2025.

● Multiple 5G and MMIC development programs advanced further into commercialization stages.

● Total Assets to Total Liabilities improved approximately 47% to $48.36 million from $32.86 million on December 31, 2025. AmpliTech Group remains debt free.

Operational and Strategic Progress

During the quarter, the Company continued to advance commercialization initiatives related to:

● 5G ORAN radio systems

● Proprietary RF and microwave technologies

● 5G MMIC chip design programs

● Satellite and defense communications applications

● Next-generation wireless infrastructure solutions

The Company also reported lower research and development expenses year-over-year as several products transitioned from active development into commercialization and deployment phases.

Balance Sheet and Liquidity

As of March 31, 2026, AmpliTech reported:

● Cash, cash equivalents and marketable securities of $18.4 million

● Total current assets of approximately $33.2 million

● Total stockholders’ equity of approximately $48.4 million

During the quarter, the Company completed both a rights offering and a registered direct offering, generating aggregate net proceeds exceeding $16 million to support growth initiatives, working capital requirements, and operational expansion.

Outlook

Management believes the Company is positioned to continue benefiting from:

● Expanding global 5G infrastructure deployment activity

● Increasing demand for RF and microwave technologies

● Continued development of ORAN ecosystem opportunities

● Growth in satellite and defense communications markets

● Increasing adoption of compact high-performance MMIC-based solutions

The Company remains focused on:

● Expanding revenue scale

● Improving operational leverage

● Strengthening internal controls and infrastructure

● Increasing commercialization activity

● Supporting long-term sustainable growth

“The first quarter of 2026 reflects meaningful progress across several areas of our business,” said Fawad Maqbool, Chief Executive Officer of AmpliTech Group. “We achieved substantial revenue growth YoY, expanded gross margins significantly, strengthened our balance sheet, and continued transitioning key technologies from development into commercial deployment.”

Mr. Maqbool continued, “We believe our investments in 5G ORAN radio technologies, MMIC design capabilities, and advanced RF systems are beginning to contribute more meaningfully to operational performance. We are encouraged by the increasing demand environment for next-generation wireless infrastructure and remain focused on disciplined execution, operational scalability, and long-term shareholder value creation.” Mr. Maqbool concluded: “The Company continues to believe its full-year revenue guidance remains achievable; however, based on current customer delivery schedules, production timing, and anticipated order flow, the Company expects revenue recognition to be more heavily weighted toward the second half of the year”.

About AmpliTech Group, Inc.

AmpliTech Group, Inc. (NASDAQ: AMPG, AMPGR, AMPGZ) designs, develops, and manufactures advanced RF and microwave signal-processing components and systems for satellite, 5G/6G telecom, quantum computing, defense, and space applications. Its five divisions, AmpliTech Inc., Specialty Microwave, Spectrum Semiconductor Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group 5G Divisions work symbiotically and serve customers worldwide. Through continuous innovation and U.S.-based manufacturing, AmpliTech is enabling the next generation of connectivity and communication systems. For further information, please visit www.amplitechgroup.com

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EX-99.1

Exhibit 99.1

AmpliTech Group Reports Unaudited Record FY2025 Revenue And Reaffirms $50M+ FY2026 Revenue Outlook

Hauppauge, NY – January 5, 2026 - AmpliTech Group, Inc. (“AmpliTech” or the “Company”) today announced unaudited record full-year revenue of approximately $25 million for fiscal year 2025, up 163% YoY, exceeding analyst’s expectations given at the beginning of the year and meeting the Company’s publicly issued revenue guidance. Building on this momentum, AmpliTech reaffirmed revenue guidance of at least $50 million for fiscal year 2026, representing approximately 100% year-over-year growth.

Technology Validation and Commercial Momentum

Fiscal year 2025 marked the strongest annual revenue performance in the Company’s history, reflecting accelerating customer demand, improved conversion of pipeline opportunities into purchase orders, and disciplined execution across AmpliTech’s Open RAN and RF product portfolio.

During FY2025, AmpliTech advanced its ORAN 5G Division from development and qualification, into commercial execution, achieving critical milestones required by network operators and ecosystem partners prior to scaled deployment. The Company demonstrated performance of its ORAN 5G radio products in multi-vendor interoperability environments, converting technical validation into recurring commercial activity. The Company is actively participating in additional ORAN Alliance Plugfests, with technical programs including network optimization using Artificial Intelligence with major participants in the ORAN 5G and AI ecosystem.

Operational Readiness and FY2026 Outlook

AmpliTech Group confirmed that production shipments under its previously announced $100 million letter of intent (LOI), officially started in December 2025, and that shipments under its $40 million LOI with a North American mobile network operator are expected to resume early in the 2026 first quarter. Importantly, the Company anticipates concurrent production shipments for both LOIs during Q1, underscoring that AmpliTech’s supply chain and manufacturing operations are fully engaged and execution-ready, fully capable of delivering multi-million-dollar orders across multiple O-RAN 5G configurations, simultaneously, for multiple customers.

Based on current backlog, active customer programs across all of its divisions, including signed letters of intent from which the Company is constantly receiving funded purchase orders, the Company reaffirmed its expectation to deliver at least $50 million in revenue during fiscal year 2026. AmpliTech remains focused on disciplined growth, execution certainty, and long-term shareholder value creation.

About AmpliTech Group

AmpliTech Group, Inc., comprising five divisions, AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services, is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com or amplitech5G.com.

Safe Harbor Statement

This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that current backlog and LOI’s anticipated orders will be received or lead to further production orders and that the Company will achieve $25 million in revenue for 2025 and $50 million in revenue for 2026. The words “may” “would” “will” “expect” “estimate” “anticipate” “believe” “intend” for 5G orders and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website and with the SEC at sec.gov. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.

Contacts:

Corporate Social Media

Company Contact:

X: @AmpliTechAMPG Jorge Flores

Instagram: @AmpliTechAMPG Tel: 631-521-7831

Facebook: AmpliTechInc Investors@amplitechgroup.com

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