Quarterly ResultMay 7, 2026, 06:09 AM
Amplitude Q1 Revenue $93.5M, Net Loss $(23.3)M; Acquires InfiniGrow
AI Summary
Amplitude, Inc. reported a 17% increase in first-quarter revenue to $93.5 million, though its net loss widened slightly to $23.3 million. The company also announced the acquisition of InfiniGrow Ltd. for $0.2 million in cash, aiming to enhance its AI Analytics Platform with marketing analytics capabilities. Operating cash flow showed an increased outflow compared to the prior year.
Key Highlights
- Acquired AI marketing analytics company InfiniGrow Ltd. for $0.2 million cash on January 14, 2026.
- Q1 2026 revenue increased 17% to $93.5 million from $79.9 million in Q1 2025.
- Q1 2026 net loss was $(23.3) million, compared to $(22.2) million in Q1 2025.
- Basic and diluted net loss per share was $(0.17) for both Q1 2026 and Q1 2025.
- Remaining performance obligations reached $427.4 million as of March 31, 2026.
- Net cash used in operating activities was $(11.6) million in Q1 2026, up from $(8.0) million in Q1 2025.
- International revenue grew to $36.8 million in Q1 2026 from $31.3 million in Q1 2025.