<span item_type="fundamental" item_id="8f19127b4dc88f6dafdee94ae1eaf702" counter_id="ST/US/AMPGZ" env="prod"></span><span item_type="announcement" item_id="648120029359182209" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 5.35 M.</p><p></p><h4>Segment Revenue</h4><ul><li>Manufacturing and engineering segment revenue increased to $3.28 million from $0.99 million in the prior-year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Revenue increased 48.6% year-over-year to $5.35 million, compared to $3.60 million in the first quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Gross profit increased 116.1% year-over-year to $2.57 million from $1.19 million in the prior-year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Gross margin improved significantly to 48.0%, compared to 33.0% in the prior-year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Net loss improved 17.3% year-over-year to - $1.52 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Research and development expenses were lower year-over-year as several products transitioned from active development into commercialization and deployment phases.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li></ul><h4>Balance Sheet and Liquidity</h4><ul><li>Cash, cash equivalents, and marketable securities increased to approximately $18.4 million as of March 31, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Working capital improved to approximately $25.4 million from $10.2 million on December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Current ratio improved to 4.25 from 1.68 on December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Total Assets to Total Liabilities improved approximately 47% to $48.36 million from $32.86 million on December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>AmpliTech Group remains debt free.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Total current assets were approximately $33.2 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Total stockholders’ equity was approximately $48.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>The Company generated aggregate net proceeds exceeding $16 million from a rights offering and a registered direct offering to support growth initiatives, working capital requirements, and operational expansion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>Multiple 5G and MMIC development programs advanced further into commercialization stages.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>Commercialization initiatives continued for 5G ORAN radio systems, proprietary RF and microwave technologies, 5G MMIC chip design programs, satellite and defense communications applications, and next-generation wireless infrastructure solutions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>Management believes AmpliTech Group is positioned to benefit from expanding global 5G infrastructure deployment, increasing demand for RF and microwave technologies, and growth in satellite and defense communications markets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>The Company continues to focus on expanding revenue scale, improving operational leverage, and increasing commercialization activity to support long-term sustainable growth.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li><li>AmpliTech Group maintains its full-year revenue guidance but anticipates revenue recognition will be more heavily weighted toward the second half of the year due to current customer delivery schedules and anticipated order flow.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1518461/000149315226022731/ex99-1.htm"></span></li></ul>

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B | 8-K: FY2026 Q1 Revenue: USD 5.35 M