Distribution was AmpliTech’s largest segment in fiscal 2024, bringing in $5.91M of $9.51M (62%).
| Segment | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Spectrum | $13.52M | — | — |
| Distribution | — | $9.20M | $5.91M |
| Amplitech Inc & Specialty | $5.87M | — | — |
| Manufacturing & Engineering | — | $6.39M | $3.60M |
| Total | $19.39M | $15.58M | $9.51M |
AmpliTech brought in $9.51M from its two segments in fiscal 2024, the year ended December 31, 2024. That was down 39.0% from $15.58M in fiscal 2023. Distribution was the largest at $5.91M (62.1%), ahead of Manufacturing & Engineering at $3.60M (37.9%).
Compared with fiscal 2023, Distribution fell 35.8% to $5.91M and Manufacturing & Engineering fell 43.6% to $3.60M.
AmpliTech began breaking out Distribution in fiscal 2023 and Manufacturing & Engineering in fiscal 2023. AmpliTech stopped reporting Spectrum ($13.52M in fiscal 2022) and Amplitech Inc & Specialty ($5.87M in fiscal 2022) as separate segments.
Domestic Sales was AmpliTech’s largest revenue line in fiscal 2021, bringing in $3.02M of $5.28M (57%).
| Deferred Revenue Arrangement Type | FY 2017 | FY 2020 | FY 2021 |
|---|---|---|---|
| Domestic Sales | $2.72M | $3.02M | |
| International Sales | $737.74K | $2.26M | |
| Total | $3.46M | $5.28M |
AmpliTech brought in $5.28M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. That was up 52.6% from $3.46M in fiscal 2020. Domestic Sales was the largest at $3.02M (57.2%), ahead of International Sales at $2.26M (42.8%).
Compared with fiscal 2020, International Sales grew 205.8% to $2.26M and Domestic Sales grew 11.0% to $3.02M.
Amplitech Inc was AmpliTech’s largest revenue line in fiscal 2021, bringing in $3.39M of $5.28M (64%).
| Plan Name Axis | FY 2020 | FY 2021 |
|---|---|---|
| Amplitech Inc | $3.46M | $3.39M |
| Spectrum | — | $1.89M |
| Total | $3.46M | $5.28M |
AmpliTech brought in $5.28M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. AmpliTech regrouped these revenue lines after fiscal 2020, so the total does not compare directly with that year's $3.46M. Amplitech Inc was the largest at $3.39M (64.3%), ahead of Spectrum at $1.89M (35.7%).
AmpliTech began breaking out Spectrum in fiscal 2021, when it brought in $1.89M.
AmpliTech (AMPG) reports its revenue by segment, by deferred revenue arrangement type and by plan name axis. In fiscal 2024, Distribution was its largest segment, bringing in $5.91M (62.1% of the total), followed by Manufacturing & Engineering at $3.60M (37.9%).
Distribution was AmpliTech's largest segment in fiscal 2024, bringing in $5.91M, or 62.1% of the $9.51M total across its two segments.
Domestic Sales was AmpliTech's largest revenue line in fiscal 2021, bringing in $3.02M, or 57.2% of the $5.28M total across its two revenue lines.
International Sales grew faster than Domestic Sales in fiscal 2021, up 205.8% from $737.74K to $2.26M. Domestic Sales grew 11.0% to $3.02M.
Every figure comes from AmpliTech's annual financial filings, as reported. Each line keeps the name AmpliTech gives it, and years follow its fiscal calendar.
AmpliTech's revenue by segment goes back to fiscal 2022, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.