Form 8-K

8-K — AmpliTech Group, Inc.

Accession: 0001493152-26-022731

Filed: 2026-05-13

Period: 2026-05-13

CIK: 0001518461

SIC: 3669 (COMMUNICATIONS EQUIPMENT, NEC)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of

the

Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): May 13, 2026

AmpliTech

Group, Inc.

(Exact

name of registrant as specified in our charter)

Nevada

001-40069

27-4566352

(State

or Other Jurisdiction

Incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

155

Plant Avenue,

Hauppauge,

11788

(Address

of Principal Executive Offices)

(Zip

Code)

(631)

521-7831

(Registrant’s

telephone number, including area code)

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.001 per share

AMPG

The

Nasdaq Stock Market LLC

Series

A Right to purchase one share of common stock

AMPGR

The

Nasdaq Stock Market LLC

Series

B Right to purchase one share of common stock

AMPGZ

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.02 Results of Operations and Financial Condition.

May 13, 2026, AmpliTech Group, Inc. (the “Company”) issued a press release indicating its unaudited results for the first

quarter of 2026.

The

information furnished in this Item 2.02, including the Company’s press release dated May 13, 2026, attached as a exhibit hereto,

on this Current Report on Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, or otherwise

subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act

of 1933, as amended (the “Securities Act”), or the Exchange Act, regardless of any general incorporation language in such

filing.

Item

9.01 Financial Statement and Exhibits.

(d)

Exhibits

Exhibit

No.

Description

99.1

Press Release dated May 13, 2026

104

Cover

Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on our behalf by

the undersigned hereunto duly authorized.

AmpliTech

Group, Inc.

By:

/s/

Fawad Maqbool

Fawad

Maqbool

Chief

Executive Officer

Dated:

May 13, 2026

EX-99.1

Filename: ex99-1.htm · Sequence: 2

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

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

Safe

Harbor Statements

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 the words “may” “would” “will”

“expect” “estimate” “anticipate” “believe” “intend” 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. 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.

Corporate

Social Media

@AmpliTechAMPG

Instagram:

@AmpliTechAMPG

Facebook:

AmpliTechInc

LinkedIn:

AmpliTech Group Inc

Company

Contact:

Jorge Flores

Tel: 631-521-7831

Investors@amplitechgroup.com

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