Amplitude's Q1 Revenue Rises 17%, Slightly Exceeding Estimates, with Positive Full-Year EPS Outlook
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Amplitude reported Q1 revenue of $93.50 million, a 17% year-over-year increase, slightly surpassing analyst estimates of $92.95 million. This is the company's first-quarter earnings report for 2026, providing an update on financial performance since the strong 2025 results reported in the February 10-K. While non-GAAP net loss per share widened to $(0.02), the company provided a positive outlook, projecting full-year 2026 revenue between $397.0 million and $403.0 million and non-GAAP net income per share of $0.03 to $0.06. This guidance, coupled with strong annual recurring revenue growth and expansion in its enterprise customer base, suggests continued momentum. Traders will monitor the company's ability to execute on its full-year guidance, particularly the transition to positive non-GAAP net income per share, and the continued adoption of its AI-driven analytics products and new pricing models.
At the time of this announcement, AMPL was trading at $6.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $1B. 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 7 out of 10. Source: Reuters.