Amplitude Q2 Revenue Beats, AI Adoption Drives 21% Growth
AMPL sits 91% above its 52-week low of $5.51.
Summary
Amplitude delivered Q2 revenue of $100.9M, beating the $98.16M consensus, driven by strong AI solution adoption. Annual recurring revenue grew 22% year-over-year, with the Statsig integration contributing $17M in ARR. The company guided Q3 revenue to $105.6-$108.0M and full-year 2026 revenue to $407.2-$411.2M, both above prior expectations. Free cash flow turned positive at $23.7M, a notable improvement from recent quarters. This follows Q1's 17% revenue growth and signals accelerating momentum in AI analytics. The beat and raised outlook directly challenge the stock's recent depressed valuation.
At the time of this announcement, AMPL was trading at $10.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $5.51 to $14.49. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.