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

Lumentum Holdings Inc. is the larger business by last-quarter revenue ($665.5M vs $4.5M, roughly 148.6× AmpliTech Group, Inc.). Lumentum Holdings Inc. runs the higher net margin — 11.8% vs -71.6%, a 83.4% gap on every dollar of revenue. On growth, AmpliTech Group, Inc. posted the faster year-over-year revenue change (141.6% vs 65.5%). Lumentum Holdings Inc. produced more free cash flow last quarter ($43.1M vs $-3.5M). Over the past eight quarters, AmpliTech Group, Inc.'s revenue compounded faster (39.7% CAGR vs 34.8%).

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

JDS Uniphase Corporation (JDSU) was an American company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. In August 2015, JDSU split into two different companies – Viavi Solutions and Lumentum Holdings.

AMPG vs LITE — Head-to-Head

Bigger by revenue
LITE
LITE
148.6× larger
LITE
$665.5M
$4.5M
AMPG
Growing faster (revenue YoY)
AMPG
AMPG
+76.1% gap
AMPG
141.6%
65.5%
LITE
Higher net margin
LITE
LITE
83.4% more per $
LITE
11.8%
-71.6%
AMPG
More free cash flow
LITE
LITE
$46.6M more FCF
LITE
$43.1M
$-3.5M
AMPG
Faster 2-yr revenue CAGR
AMPG
AMPG
Annualised
AMPG
39.7%
34.8%
LITE

Income Statement — Q4 2025 vs Q2 2026

Metric
AMPG
AMPG
LITE
LITE
Revenue
$4.5M
$665.5M
Net Profit
$-3.2M
$78.2M
Gross Margin
22.8%
36.1%
Operating Margin
-73.3%
9.7%
Net Margin
-71.6%
11.8%
Revenue YoY
141.6%
65.5%
Net Profit YoY
16.1%
228.4%
EPS (diluted)
$-0.14
$0.89

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
LITE
LITE
Q4 25
$4.5M
$665.5M
Q3 25
$6.1M
$533.8M
Q2 25
$11.0M
$480.7M
Q1 25
$3.6M
$425.2M
Q4 24
$1.9M
$402.2M
Q3 24
$2.8M
$336.9M
Q2 24
$2.5M
$308.3M
Q1 24
$2.3M
$366.5M
Net Profit
AMPG
AMPG
LITE
LITE
Q4 25
$-3.2M
$78.2M
Q3 25
$-188.4K
$4.2M
Q2 25
$-1.8M
$213.3M
Q1 25
$-1.8M
$-44.1M
Q4 24
$-3.8M
$-60.9M
Q3 24
$-1.2M
$-82.4M
Q2 24
$-1.6M
$-252.5M
Q1 24
$-4.7M
$-127.0M
Gross Margin
AMPG
AMPG
LITE
LITE
Q4 25
22.8%
36.1%
Q3 25
48.6%
34.0%
Q2 25
7.8%
33.3%
Q1 25
33.0%
28.8%
Q4 24
10.7%
24.8%
Q3 24
47.6%
23.1%
Q2 24
41.8%
16.6%
Q1 24
38.5%
16.2%
Operating Margin
AMPG
AMPG
LITE
LITE
Q4 25
-73.3%
9.7%
Q3 25
-3.6%
1.3%
Q2 25
-17.5%
-1.7%
Q1 25
-52.5%
-8.9%
Q4 24
-234.5%
-12.8%
Q3 24
-38.4%
-24.5%
Q2 24
-62.0%
-43.3%
Q1 24
-62.3%
-31.3%
Net Margin
AMPG
AMPG
LITE
LITE
Q4 25
-71.6%
11.8%
Q3 25
-3.1%
0.8%
Q2 25
-16.1%
44.4%
Q1 25
-51.1%
-10.4%
Q4 24
-206.2%
-15.1%
Q3 24
-42.0%
-24.5%
Q2 24
-62.4%
-81.9%
Q1 24
-203.0%
-34.7%
EPS (diluted)
AMPG
AMPG
LITE
LITE
Q4 25
$-0.14
$0.89
Q3 25
$-0.01
$0.05
Q2 25
$-0.09
$3.10
Q1 25
$-0.09
$-0.64
Q4 24
$-0.28
$-0.88
Q3 24
$-0.12
$-1.21
Q2 24
$-0.16
$-3.75
Q1 24
$-0.48
$-1.88

Balance Sheet & Financial Strength

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

Metric
AMPG
AMPG
LITE
LITE
Cash + ST InvestmentsLiquidity on hand
$5.0M
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$32.9M
$846.6M
Total Assets
$51.5M
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPG
AMPG
LITE
LITE
Q4 25
$5.0M
$1.2B
Q3 25
$8.4M
$1.1B
Q2 25
$11.1M
$877.1M
Q1 25
$16.9M
$866.7M
Q4 24
$19.3M
$896.7M
Q3 24
$1.1M
$916.1M
Q2 24
$1.0M
$887.0M
Q1 24
$2.4M
$870.9M
Total Debt
AMPG
AMPG
LITE
LITE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.1M
Q2 24
$36.4K
Q1 24
$63.2K
Stockholders' Equity
AMPG
AMPG
LITE
LITE
Q4 25
$32.9M
$846.6M
Q3 25
$35.8M
$780.8M
Q2 25
$35.8M
$1.1B
Q1 25
$35.8M
$879.5M
Q4 24
$37.5M
$872.3M
Q3 24
$20.4M
$895.9M
Q2 24
$20.7M
$957.3M
Q1 24
$22.2M
$1.2B
Total Assets
AMPG
AMPG
LITE
LITE
Q4 25
$51.5M
$4.8B
Q3 25
$47.2M
$4.6B
Q2 25
$48.6M
$4.2B
Q1 25
$42.1M
$4.0B
Q4 24
$43.2M
$4.0B
Q3 24
$27.5M
$4.0B
Q2 24
$25.4M
$3.9B
Q1 24
$26.9M
$4.2B
Debt / Equity
AMPG
AMPG
LITE
LITE
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
AMPG
AMPG
LITE
LITE
Operating Cash FlowLast quarter
$-3.4M
$126.7M
Free Cash FlowOCF − Capex
$-3.5M
$43.1M
FCF MarginFCF / Revenue
-78.4%
6.5%
Capex IntensityCapex / Revenue
1.9%
12.6%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$-9.7M
$-29.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPG
AMPG
LITE
LITE
Q4 25
$-3.4M
$126.7M
Q3 25
$-999.4K
$57.9M
Q2 25
$-2.3M
$64.0M
Q1 25
$-2.0M
$-1.6M
Q4 24
$-1.2M
$24.3M
Q3 24
$-1.7M
$39.6M
Q2 24
$-1.3M
$35.5M
Q1 24
$-1.1M
$-7.0M
Free Cash Flow
AMPG
AMPG
LITE
LITE
Q4 25
$-3.5M
$43.1M
Q3 25
$-1.4M
$-18.3M
Q2 25
$-2.4M
$10.1M
Q1 25
$-2.4M
$-64.4M
Q4 24
$-1.2M
$-15.9M
Q3 24
$-1.7M
$-34.5M
Q2 24
$-1.3M
$10.9M
Q1 24
$-1.1M
$-26.6M
FCF Margin
AMPG
AMPG
LITE
LITE
Q4 25
-78.4%
6.5%
Q3 25
-23.7%
-3.4%
Q2 25
-21.6%
2.1%
Q1 25
-65.8%
-15.1%
Q4 24
-63.9%
-4.0%
Q3 24
-61.6%
-10.2%
Q2 24
-52.7%
3.5%
Q1 24
-47.0%
-7.3%
Capex Intensity
AMPG
AMPG
LITE
LITE
Q4 25
1.9%
12.6%
Q3 25
7.3%
14.3%
Q2 25
1.1%
11.2%
Q1 25
10.0%
14.8%
Q4 24
0.9%
10.0%
Q3 24
0.4%
22.0%
Q2 24
0.5%
8.0%
Q1 24
0.1%
5.3%
Cash Conversion
AMPG
AMPG
LITE
LITE
Q4 25
1.62×
Q3 25
13.79×
Q2 25
0.30×
Q1 25
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

Segment breakdown not available.

LITE
LITE

Components$443.7M67%
Systems$221.8M33%

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