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Side-by-side financial comparison of APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) and AmpliTech Group, Inc. (AMPG). Click either name above to swap in a different company.

APPLIED INDUSTRIAL TECHNOLOGIES INC is the larger business by last-quarter revenue ($1.2B vs $4.5M, roughly 259.8× AmpliTech Group, Inc.). APPLIED INDUSTRIAL TECHNOLOGIES INC runs the higher net margin — 8.2% vs -71.6%, a 79.8% gap on every dollar of revenue. On growth, AmpliTech Group, Inc. posted the faster year-over-year revenue change (141.6% vs 8.4%). APPLIED INDUSTRIAL TECHNOLOGIES INC produced more free cash flow last quarter ($93.4M vs $-3.5M). Over the past eight quarters, AmpliTech Group, Inc.'s revenue compounded faster (39.7% CAGR vs 0.7%).

Applied Industrial Technologies, Inc. (AIT) is a public, global company based in the U.S. and focused on the distribution of bearings, power transmission products, engineered fluid power components and systems, specialty flow control products, and other industrial supplies. AIT provides engineering, design and system integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, fluid power, and flow control shop services.

Ampli Energy is a South African company providing a renewable energy trading platform that uses a wheeling process to deliver green energy to consumers.

AIT vs AMPG — Head-to-Head

Bigger by revenue
AIT
AIT
259.8× larger
AIT
$1.2B
$4.5M
AMPG
Growing faster (revenue YoY)
AMPG
AMPG
+133.2% gap
AMPG
141.6%
8.4%
AIT
Higher net margin
AIT
AIT
79.8% more per $
AIT
8.2%
-71.6%
AMPG
More free cash flow
AIT
AIT
$96.9M more FCF
AIT
$93.4M
$-3.5M
AMPG
Faster 2-yr revenue CAGR
AMPG
AMPG
Annualised
AMPG
39.7%
0.7%
AIT

Income Statement — Q2 2026 vs Q4 2025

Metric
AIT
AIT
AMPG
AMPG
Revenue
$1.2B
$4.5M
Net Profit
$95.3M
$-3.2M
Gross Margin
30.4%
22.8%
Operating Margin
10.6%
-73.3%
Net Margin
8.2%
-71.6%
Revenue YoY
8.4%
141.6%
Net Profit YoY
2.2%
16.1%
EPS (diluted)
$2.51
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIT
AIT
AMPG
AMPG
Q4 25
$1.2B
$4.5M
Q3 25
$1.2B
$6.1M
Q2 25
$1.2B
$11.0M
Q1 25
$1.2B
$3.6M
Q4 24
$1.1B
$1.9M
Q3 24
$1.1B
$2.8M
Q2 24
$1.2B
$2.5M
Q1 24
$1.1B
$2.3M
Net Profit
AIT
AIT
AMPG
AMPG
Q4 25
$95.3M
$-3.2M
Q3 25
$100.8M
$-188.4K
Q2 25
$107.8M
$-1.8M
Q1 25
$99.8M
$-1.8M
Q4 24
$93.3M
$-3.8M
Q3 24
$92.1M
$-1.2M
Q2 24
$103.5M
$-1.6M
Q1 24
$97.2M
$-4.7M
Gross Margin
AIT
AIT
AMPG
AMPG
Q4 25
30.4%
22.8%
Q3 25
30.1%
48.6%
Q2 25
30.6%
7.8%
Q1 25
30.5%
33.0%
Q4 24
30.6%
10.7%
Q3 24
29.6%
47.6%
Q2 24
30.7%
41.8%
Q1 24
29.5%
38.5%
Operating Margin
AIT
AIT
AMPG
AMPG
Q4 25
10.6%
-73.3%
Q3 25
10.8%
-3.6%
Q2 25
11.0%
-17.5%
Q1 25
11.1%
-52.5%
Q4 24
11.3%
-234.5%
Q3 24
10.3%
-38.4%
Q2 24
12.0%
-62.0%
Q1 24
10.6%
-62.3%
Net Margin
AIT
AIT
AMPG
AMPG
Q4 25
8.2%
-71.6%
Q3 25
8.4%
-3.1%
Q2 25
8.8%
-16.1%
Q1 25
8.6%
-51.1%
Q4 24
8.7%
-206.2%
Q3 24
8.4%
-42.0%
Q2 24
8.9%
-62.4%
Q1 24
8.5%
-203.0%
EPS (diluted)
AIT
AIT
AMPG
AMPG
Q4 25
$2.51
$-0.14
Q3 25
$2.63
$-0.01
Q2 25
$2.80
$-0.09
Q1 25
$2.57
$-0.09
Q4 24
$2.39
$-0.28
Q3 24
$2.36
$-0.12
Q2 24
$2.64
$-0.16
Q1 24
$2.48
$-0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIT
AIT
AMPG
AMPG
Cash + ST InvestmentsLiquidity on hand
$406.0M
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$32.9M
Total Assets
$3.2B
$51.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIT
AIT
AMPG
AMPG
Q4 25
$406.0M
$5.0M
Q3 25
$418.7M
$8.4M
Q2 25
$388.4M
$11.1M
Q1 25
$352.8M
$16.9M
Q4 24
$303.4M
$19.3M
Q3 24
$538.5M
$1.1M
Q2 24
$460.6M
$1.0M
Q1 24
$456.5M
$2.4M
Total Debt
AIT
AIT
AMPG
AMPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.1M
Q2 24
$36.4K
Q1 24
$63.2K
Stockholders' Equity
AIT
AIT
AMPG
AMPG
Q4 25
$1.9B
$32.9M
Q3 25
$1.9B
$35.8M
Q2 25
$1.8B
$35.8M
Q1 25
$1.8B
$35.8M
Q4 24
$1.8B
$37.5M
Q3 24
$1.8B
$20.4M
Q2 24
$1.7B
$20.7M
Q1 24
$1.7B
$22.2M
Total Assets
AIT
AIT
AMPG
AMPG
Q4 25
$3.2B
$51.5M
Q3 25
$3.2B
$47.2M
Q2 25
$3.2B
$48.6M
Q1 25
$3.1B
$42.1M
Q4 24
$3.0B
$43.2M
Q3 24
$3.0B
$27.5M
Q2 24
$3.0B
$25.4M
Q1 24
$2.9B
$26.9M
Debt / Equity
AIT
AIT
AMPG
AMPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.06×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIT
AIT
AMPG
AMPG
Operating Cash FlowLast quarter
$99.7M
$-3.4M
Free Cash FlowOCF − Capex
$93.4M
$-3.5M
FCF MarginFCF / Revenue
8.0%
-78.4%
Capex IntensityCapex / Revenue
0.5%
1.9%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$458.5M
$-9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIT
AIT
AMPG
AMPG
Q4 25
$99.7M
$-3.4M
Q3 25
$119.3M
$-999.4K
Q2 25
$147.0M
$-2.3M
Q1 25
$122.5M
$-2.0M
Q4 24
$95.1M
$-1.2M
Q3 24
$127.7M
$-1.7M
Q2 24
$119.2M
$-1.3M
Q1 24
$84.2M
$-1.1M
Free Cash Flow
AIT
AIT
AMPG
AMPG
Q4 25
$93.4M
$-3.5M
Q3 25
$112.0M
$-1.4M
Q2 25
$138.2M
$-2.4M
Q1 25
$114.9M
$-2.4M
Q4 24
$89.9M
$-1.2M
Q3 24
$122.2M
$-1.7M
Q2 24
$111.7M
$-1.3M
Q1 24
$76.7M
$-1.1M
FCF Margin
AIT
AIT
AMPG
AMPG
Q4 25
8.0%
-78.4%
Q3 25
9.3%
-23.7%
Q2 25
11.3%
-21.6%
Q1 25
9.8%
-65.8%
Q4 24
8.4%
-63.9%
Q3 24
11.1%
-61.6%
Q2 24
9.6%
-52.7%
Q1 24
6.7%
-47.0%
Capex Intensity
AIT
AIT
AMPG
AMPG
Q4 25
0.5%
1.9%
Q3 25
0.6%
7.3%
Q2 25
0.7%
1.1%
Q1 25
0.6%
10.0%
Q4 24
0.5%
0.9%
Q3 24
0.5%
0.4%
Q2 24
0.6%
0.5%
Q1 24
0.7%
0.1%
Cash Conversion
AIT
AIT
AMPG
AMPG
Q4 25
1.05×
Q3 25
1.18×
Q2 25
1.36×
Q1 25
1.23×
Q4 24
1.02×
Q3 24
1.39×
Q2 24
1.15×
Q1 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIT
AIT

Service Center Based Distribution Segment$625.2M54%
Engineered Solutions Segment$398.9M34%
Other$75.8M7%
Hydradyne LLC$63.1M5%

AMPG
AMPG

Segment breakdown not available.

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