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Side-by-side financial comparison of AmpliTech Group, Inc. (AMPG) and SemiLEDs Corp (LEDS). Click either name above to swap in a different company.

AmpliTech Group, Inc. is the larger business by last-quarter revenue ($4.5M vs $2.6M, roughly 1.7× SemiLEDs Corp). SemiLEDs Corp runs the higher net margin — -28.9% vs -71.6%, a 42.7% gap on every dollar of revenue. On growth, AmpliTech Group, Inc. posted the faster year-over-year revenue change (141.6% vs 103.7%). SemiLEDs Corp produced more free cash flow last quarter ($331.0K vs $-3.5M). Over the past eight quarters, SemiLEDs Corp's revenue compounded faster (70.3% CAGR vs 39.7%).

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

SEMI is an industry association comprising companies involved in the electronics design and manufacturing supply chain. They provide equipment, materials and services for the manufacture of semiconductors, photovoltaic panels, LED and flat panel displays, micro-electromechanical systems (MEMS), printed and flexible electronics, and related micro and nano-technologies.

AMPG vs LEDS — Head-to-Head

Bigger by revenue
AMPG
AMPG
1.7× larger
AMPG
$4.5M
$2.6M
LEDS
Growing faster (revenue YoY)
AMPG
AMPG
+37.9% gap
AMPG
141.6%
103.7%
LEDS
Higher net margin
LEDS
LEDS
42.7% more per $
LEDS
-28.9%
-71.6%
AMPG
More free cash flow
LEDS
LEDS
$3.8M more FCF
LEDS
$331.0K
$-3.5M
AMPG
Faster 2-yr revenue CAGR
LEDS
LEDS
Annualised
LEDS
70.3%
39.7%
AMPG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMPG
AMPG
LEDS
LEDS
Revenue
$4.5M
$2.6M
Net Profit
$-3.2M
$-742.0K
Gross Margin
22.8%
0.7%
Operating Margin
-73.3%
-39.4%
Net Margin
-71.6%
-28.9%
Revenue YoY
141.6%
103.7%
Net Profit YoY
16.1%
-35.6%
EPS (diluted)
$-0.14
$-0.09

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
AMPG
AMPG
LEDS
LEDS
Q4 25
$4.5M
$2.6M
Q3 25
$6.1M
$13.2M
Q2 25
$11.0M
$17.7M
Q1 25
$3.6M
$10.9M
Q4 24
$1.9M
$1.3M
Q3 24
$2.8M
$1.3M
Q2 24
$2.5M
$1.3M
Q1 24
$2.3M
$886.0K
Net Profit
AMPG
AMPG
LEDS
LEDS
Q4 25
$-3.2M
$-742.0K
Q3 25
$-188.4K
$-1.2M
Q2 25
$-1.8M
$223.0K
Q1 25
$-1.8M
$388.0K
Q4 24
$-3.8M
$-547.0K
Q3 24
$-1.2M
Q2 24
$-1.6M
$-319.0K
Q1 24
$-4.7M
$-559.0K
Gross Margin
AMPG
AMPG
LEDS
LEDS
Q4 25
22.8%
0.7%
Q3 25
48.6%
1.7%
Q2 25
7.8%
5.3%
Q1 25
33.0%
9.2%
Q4 24
10.7%
20.6%
Q3 24
47.6%
11.6%
Q2 24
41.8%
41.0%
Q1 24
38.5%
12.6%
Operating Margin
AMPG
AMPG
LEDS
LEDS
Q4 25
-73.3%
-39.4%
Q3 25
-3.6%
-9.0%
Q2 25
-17.5%
-0.4%
Q1 25
-52.5%
1.0%
Q4 24
-234.5%
-52.1%
Q3 24
-38.4%
Q2 24
-62.0%
-35.8%
Q1 24
-62.3%
-93.9%
Net Margin
AMPG
AMPG
LEDS
LEDS
Q4 25
-71.6%
-28.9%
Q3 25
-3.1%
-9.0%
Q2 25
-16.1%
1.3%
Q1 25
-51.1%
3.6%
Q4 24
-206.2%
-43.4%
Q3 24
-42.0%
Q2 24
-62.4%
-24.1%
Q1 24
-203.0%
-63.1%
EPS (diluted)
AMPG
AMPG
LEDS
LEDS
Q4 25
$-0.14
$-0.09
Q3 25
$-0.01
$-0.15
Q2 25
$-0.09
$0.03
Q1 25
$-0.09
$0.05
Q4 24
$-0.28
$-0.08
Q3 24
$-0.12
Q2 24
$-0.16
$-0.04
Q1 24
$-0.48
$-0.11

Balance Sheet & Financial Strength

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

Metric
AMPG
AMPG
LEDS
LEDS
Cash + ST InvestmentsLiquidity on hand
$5.0M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$32.9M
$2.1M
Total Assets
$51.5M
$14.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPG
AMPG
LEDS
LEDS
Q4 25
$5.0M
$2.9M
Q3 25
$8.4M
$2.6M
Q2 25
$11.1M
$2.4M
Q1 25
$16.9M
$2.4M
Q4 24
$19.3M
$1.2M
Q3 24
$1.1M
$1.7M
Q2 24
$1.0M
$1.7M
Q1 24
$2.4M
$1.6M
Total Debt
AMPG
AMPG
LEDS
LEDS
Q4 25
Q3 25
$1.7M
Q2 25
Q1 25
Q4 24
Q3 24
$1.1M
$3.7M
Q2 24
$36.4K
Q1 24
$63.2K
Stockholders' Equity
AMPG
AMPG
LEDS
LEDS
Q4 25
$32.9M
$2.1M
Q3 25
$35.8M
$2.8M
Q2 25
$35.8M
$4.0M
Q1 25
$35.8M
$3.6M
Q4 24
$37.5M
$1.6M
Q3 24
$20.4M
$2.2M
Q2 24
$20.7M
$2.7M
Q1 24
$22.2M
$3.0M
Total Assets
AMPG
AMPG
LEDS
LEDS
Q4 25
$51.5M
$14.2M
Q3 25
$47.2M
$15.6M
Q2 25
$48.6M
$23.2M
Q1 25
$42.1M
$23.2M
Q4 24
$43.2M
$10.4M
Q3 24
$27.5M
$11.1M
Q2 24
$25.4M
$11.5M
Q1 24
$26.9M
$12.0M
Debt / Equity
AMPG
AMPG
LEDS
LEDS
Q4 25
Q3 25
0.61×
Q2 25
Q1 25
Q4 24
Q3 24
0.06×
1.69×
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
AMPG
AMPG
LEDS
LEDS
Operating Cash FlowLast quarter
$-3.4M
$361.0K
Free Cash FlowOCF − Capex
$-3.5M
$331.0K
FCF MarginFCF / Revenue
-78.4%
12.9%
Capex IntensityCapex / Revenue
1.9%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPG
AMPG
LEDS
LEDS
Q4 25
$-3.4M
$361.0K
Q3 25
$-999.4K
Q2 25
$-2.3M
$693.0K
Q1 25
$-2.0M
$1.4M
Q4 24
$-1.2M
$-158.0K
Q3 24
$-1.7M
Q2 24
$-1.3M
$109.0K
Q1 24
$-1.1M
$-600.0K
Free Cash Flow
AMPG
AMPG
LEDS
LEDS
Q4 25
$-3.5M
$331.0K
Q3 25
$-1.4M
Q2 25
$-2.4M
$383.0K
Q1 25
$-2.4M
$1.3M
Q4 24
$-1.2M
$-276.0K
Q3 24
$-1.7M
Q2 24
$-1.3M
$98.0K
Q1 24
$-1.1M
$-619.0K
FCF Margin
AMPG
AMPG
LEDS
LEDS
Q4 25
-78.4%
12.9%
Q3 25
-23.7%
Q2 25
-21.6%
2.2%
Q1 25
-65.8%
11.8%
Q4 24
-63.9%
-21.9%
Q3 24
-61.6%
Q2 24
-52.7%
7.4%
Q1 24
-47.0%
-69.9%
Capex Intensity
AMPG
AMPG
LEDS
LEDS
Q4 25
1.9%
1.2%
Q3 25
7.3%
0.2%
Q2 25
1.1%
1.8%
Q1 25
10.0%
1.1%
Q4 24
0.9%
9.4%
Q3 24
0.4%
9.3%
Q2 24
0.5%
0.8%
Q1 24
0.1%
2.1%
Cash Conversion
AMPG
AMPG
LEDS
LEDS
Q4 25
Q3 25
Q2 25
3.11×
Q1 25
3.62×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMPG
AMPG

Other$2.7M60%
Distribution$1.8M40%

LEDS
LEDS

Segment breakdown not available.

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