| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 93.49 | 16.9% |
| Total Income | 93.49 | 16.9% |
| Expenditure | 115.68 | 14.1% |
| PBT | -22.18 | 3.4% |
| Net Profit | -23.27 | 4.7% |
| OPM | — | |
| NPM | -24.89% | 2.91pp |
| EPS | -0.17 | 0.0% |
Amplitude Announces Q1 2026 Financial Results; Revenue Up 17% Y/Y
07 May 2026 · 7 May, 2:28 am
Summary
Amplitude, Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported a 17% year-over-year increase in both Annual Recurring Revenue, reaching $374 million, and first quarter revenue, which totaled $93.5 million. Remaining performance obligations increased by 31% year-over-year to $427.4 million. The company's net cash used in operations was $11.6 million, and its free cash flow was $(13.2) million for the quarter. Amplitude expects revenue between $397.0 and $403.0 million for the full year 2026.
Key Highlights
- 1
Annual Recurring Revenue was $374 million, reflecting a 17% increase year-over-year.
- 2
Remaining performance obligations reached $427.4 million, up 31% year-over-year.
- 3
First quarter revenue totaled $93.5 million, marking a 17% increase year-over-year.
- 4
Net Cash used in Operations for the first quarter was $11.6 million.
- 5
Free Cash Flow for the first quarter amounted to $(13.2) million.
- 6
The number of customers with $100,000 or greater in ARR increased to 727, representing 18% year-over-year growth.
- 7
Customers with $1.0 million or greater in ARR increased to 55, a 25% year-over-year growth.
Management Comments
Spenser Skates
"We're entering a new era of analytics—one where AI can monitor your product around the clock, and free up your team to focus on improving the experience,” said Spenser Skates, co-founder and CEO of Amplitude. "The real advantage is how quickly a team can learn, iterate, improve, and automate. Agentic analytics is the key."
Andrew Casey
"We continue to deliver consistent execution on our core business as we rapidly innovate for the next generation of builders. We expanded multi-product ARR to 77%, expanded our enterprise customer base, and drove strong early adoption of our new pricing and packaging, which represented 25% of our total contracted ARR in the quarter." "We will continue to invest in our customer’s adoption of our AI technologies as we increase the value that our platform can deliver."
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