Quarterly ResultMay 6, 2026, 04:58 PM
Amplitude Q1 Revenue $93.5M, ARR $374M, up 17% YoY
AI Summary
Amplitude, Inc. announced its first quarter 2026 financial results, reporting a 17% year-over-year increase in revenue to $93.5 million and Annual Recurring Revenue (ARR) to $374 million. The company also highlighted a 31% growth in remaining performance obligations and introduced several new AI-powered analytics products, alongside a strategic partnership with Statsig. Despite increased GAAP and non-GAAP losses for the quarter, Amplitude provided a positive full-year 2026 outlook, projecting non-GAAP operating income and net income per share.
Key Highlights
- Annual Recurring Revenue (ARR) reached $374 million, up 17% year-over-year.
- First quarter revenue was $93.5 million, an increase of 17% year-over-year.
- Remaining performance obligations grew 31% year-over-year to $427.4 million.
- GAAP Net Loss per share was $(0.17); Non-GAAP Net Loss per share was $(0.02).
- Net Cash used in Operations was $(11.6) million; Free Cash Flow was $(13.2) million.
- Introduced Global Agent, AI Assistant, and Agent Analytics for AI-powered insights.
- Announced strategic partnership with Statsig, acquiring its brand and customers.
- Forecasts Q2 2026 revenue of $96.9-$99.1M and FY26 revenue of $397.0-$403.0M.