AmpliTech Group, Inc. announced its financial results for the second quarter ended June 30, 2025, on August 14, 2025, reporting record revenues of $11.03 million. This represents a substantial 336.25% increase from $2.53 million in Q2 2024, predominantly driven by 5G orders related to the Titan Asset Acquisition.
Despite this impressive top-line growth, Q2 2025 saw a compression in gross profit margin, falling to 7.83% from 41.82% in Q2 2024. This was attributed to a 'front-loaded investment' and one-time costs associated with penetrating the lucrative Tier 1 Mobile Network Operator (MNO) business, a calculated strategy to secure long-term positions.
The company reported a net loss of $1.77 million in Q2 2025, compared to a $1.58 million loss in Q2 2024. However, AmpliTech maintains a strong liquidity position with $11.06 million in cash and no long-term debt. The company increased its FY2025 revenue guidance to at least $24 million, representing a 140% year-over-year increase, and anticipates gross margins to return to double digits in H2 2025, with projected profitability in FY2026, supported by a $15 million backlog and over $100 million in multi-year Letters of Intent.
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