TLDR
- AMPG stock spikes as Q3 shows 115% growth and stronger path to profitability
- AmpliTech narrows losses, boosts revenue, and eyes $50M in FY2026
- Q3 2025 marks AMPG’s sharpest revenue rise with big gains in ORAN sales
- AMPG delivers record revenue, surging growth, and bullish guidance ahead
- AmpliTech posts strong Q3, eyes $25M+ in 2025 and $50M in 2026 revenue
AmpliTech Group, Inc. (AMPG) stock surged sharply as the company released strong Q3 2025 financial results. The price jumped to $2.87, gaining nearly 8% before the earnings call, showing strong momentum.
Record-Breaking Revenue Growth Signals Operational Momentum
AMPG delivered Q3 2025 revenue of $6.09 million, more than doubling last year’s $2.83 million. This marked a 115% year-over-year increase as the company’s product demand continued to rise. The performance reflects strong traction across its signal processing and 5G/ORAN systems.
Gross profit reached $2.96 million in the quarter, with margins improving to 48.6%, higher than both Q2 2025 and Q3 2024. The company’s refined cost management and scale efficiencies supported this gain. AMPG also narrowed its quarterly net loss to $188,000 from $1.19 million last year.
Year-to-date, the company posted $20.7 million in revenue, up 171% compared to $7.7 million in the prior period. Management attributed this growth to product expansion in low-noise amplifiers and successful integration of 5G ORAN systems. AMPG now holds $11.9 million in liquid assets with zero long-term debt.
Financial Strength Reinforces Growth Plan
The company maintained a robust financial position at the end of Q3 2025 with $14 million in working capital. AMPG reported no long-term debt, boosting its flexibility to scale operations. Cash reserves and receivables stood at $11.9 million, providing a solid base for further expansion.
Research and development spending rose 60%, backing projects in private 5G, cryogenic amplifiers, and high-capacity ORAN radios. These investments strengthen the technology roadmap while building competitive advantage. AMPG expects to ramp its follow-on ORAN product lines using capital from its shareholder-friendly Rights Offering.
This offering was priced at $4.00 per unit, above market, signaling strong internal confidence. The capital raised supports expanded domestic manufacturing and ORAN portfolio commercialization. AMPG continues to position itself as a U.S.-based vertically integrated 5G supplier.
Forward Outlook Points Toward Profitability
AMPG raised its full-year 2025 revenue outlook to at least $25 million, representing 160% growth from 2024. The company projects double-digit margins in Q4 2025 and expects to be cash-flow positive in FY2026. Higher-margin repeat orders and declining one-time costs are expected to support these improvements.
The company anticipates follow-on orders from existing letters of intent in the near term. Management forecasts FY2026 revenue to reach $50 million, effectively doubling FY2025 projections. AMPG expects to sustain growth through expanded ORAN deployments and increased customer conversions.
The Q3 2025 results signal a turning point as the company edges toward profitability with a growing portfolio. AMPG is executing on its strategy to become a leader in next-gen wireless and satellite technology. The firm’s performance confirms operational momentum and readiness for a profitable FY2026.


