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AMPL

Amplitude, Inc.

AMPL

Amplitude, Inc. • NASDAQ
$10.28 ▲ 1.58% (+0.16)
Market Cap $1.37 B
52w High $14.88
52w Low $7.55
Dividend Yield 0%
P/E -12.85
Volume 431.51K
Outstanding Shares 133.71M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $88.565M ▲ $91.141M ▲ $-23.986M ▲ -27.083% ▲ $-0.18 ▲ $-20.59M ▲
Q2-2025 $83.27M ▲ $87.552M ▲ $-24.668M ▼ -29.624% ▼ $-0.19 ▼ $-24.72M ▼
Q1-2025 $79.953M ▲ $83.947M ▼ $-22.231M ▲ -27.805% ▲ $-0.17 ▲ $-21.913M ▲
Q4-2024 $78.131M ▲ $93.83M ▲ $-32.59M ▼ -41.712% ▼ $-0.26 ▼ $-33.535M ▼
Q3-2024 $75.217M $76.486M $-16.854M -22.407% $-0.14 $-18.638M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $189.2M ▼ $438.124M ▼ $175.896M ▼ $262.228M ▼
Q2-2025 $208.084M ▼ $456.61M ▲ $177.106M ▲ $279.504M ▼
Q1-2025 $209.04M ▼ $445.788M ▼ $156.328M ▲ $289.46M ▼
Q4-2024 $241.097M ▼ $445.911M ▲ $149.355M ▼ $296.556M ▲
Q3-2024 $319.944M $445.642M $155.615M $290.027M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-23.986M ▲ $4.957M ▼ $-21.831M ▼ $-20.562M ▼ $-37.436M ▼ $3.352M ▼
Q2-2025 $-24.668M ▼ $20.054M ▲ $-18.606M ▲ $-12.962M ▼ $-11.514M ▲ $19.516M ▲
Q1-2025 $-22.231M ▲ $-8.022M ▼ $-26.389M ▲ $-6.09M ▼ $-40.501M ▲ $-9.226M ▼
Q4-2024 $-32.59M ▼ $3.156M ▼ $-143.115M ▼ $-5.808M ▼ $-145.767M ▼ $2.41M ▼
Q3-2024 $-16.854M $6.17M $32.078M $-3.136M $35.987M $6.154M

Five-Year Company Overview

Income Statement

Income Statement Amplitude’s revenue has been climbing steadily each year, showing that demand for its analytics platform is growing. The company generates solid gross margins, meaning its core software business is attractive economically. However, it still runs at an operating loss, with consistent net losses over the past several years. The losses are not dramatically worsening and show some signs of gradual improvement, but the business is clearly still in a “invest for growth” phase rather than a profitability phase. The key question going forward is how quickly Amplitude can shift from growth-at-a-loss toward sustainable earnings without slowing its momentum too much.

Balance Sheet

Balance Sheet The balance sheet looks relatively healthy and conservative. Total assets have grown steadily, reflecting ongoing investment in the business. Cash levels, while still meaningful, have been drifting down from earlier highs, suggesting the company has been using its prior cash cushion to fund operations and growth. Debt is minimal, which reduces financial risk and interest burden. Shareholders’ equity is comfortably positive and stable after a big step-up a few years ago. Overall, the company appears well-capitalized but is gradually drawing on its cash reserves, so the long-term balance depends on improving profitability and cash generation.

Cash Flow

Cash Flow Amplitude’s cash story is improving. A few years ago, the business was burning cash from operations; more recently, it has shifted to generating positive operating cash flow. Free cash flow has turned positive as well, helped by very light spending on physical assets. This indicates better cost discipline and more efficient growth, even though the company remains unprofitable on a net income basis. Sustaining and growing this positive cash flow will be important if the company wants to keep funding its roadmap without relying heavily on new capital.

Competitive Edge

Competitive Edge Amplitude occupies a strong position in product analytics, a niche within broader digital analytics. Its event-based tracking and deep behavioral analysis set it apart from more traditional web analytics tools. The platform is often deeply embedded in customers’ product and growth workflows, creating high switching costs once it is adopted. Integrations with modern data platforms and its own customer data platform strengthen its appeal. At the same time, it operates in a crowded, fast-moving space with large competitors and many specialized rivals. Maintaining its edge will require continued product differentiation, strong execution in sales, and the ability to prove clear business value to customers under tighter software budgets.

Innovation and R&D

Innovation and R&D Innovation is a clear focus for Amplitude. It has expanded beyond basic dashboards into AI-driven insights, experimentation tools, and a native customer data platform. Features like AI Agents, AI visibility, and the integration of Kraftful for analyzing customer feedback show a push toward becoming an “AI-native” analytics layer that can proactively surface and explain insights. The company is also working to blend product and marketing analytics and make data querying easier through natural language tools. The opportunity is to move from a reactive reporting tool to a proactive decision engine, but success depends on execution, user adoption, and staying ahead in a very competitive AI and analytics landscape.

Summary

Amplitude is a growing software company with a clear specialization in product and behavioral analytics. Revenue and gross profit are trending upward, but the business is still loss-making, even as those losses appear more controlled than in the early years. The balance sheet is solid with low debt and a decent, though declining, cash cushion, while cash flow has recently turned positive—an encouraging sign for financial resilience. Competitively, Amplitude benefits from deep product integration with customers, strong brand recognition in its niche, and a rich, innovation-heavy roadmap centered on AI and unified customer data. Key areas to watch are its path to consistent profitability, its ability to defend and expand its position in a crowded analytics market, and how effectively it converts its AI and product investments into durable, monetizable advantages over time.

NEWS

November 12, 2025 · 9:00 AM UTC

Amplitude Unveils AI Feedback to Instantly Decode and Act on What Customers Want

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November 5, 2025 · 4:05 PM UTC

Amplitude Announces Third Quarter 2025 Financial Results

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October 29, 2025 · 9:00 AM UTC

Amplitude Launches AI Visibility to Help Marketers Win in AI Search

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October 28, 2025 · 1:00 PM UTC

Amplitude Launches Agent-to-Agent Integration with GitHub to Accelerate Product Development

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October 21, 2025 · 9:00 AM UTC

Amplitude Brings Behavioral Data into AI Tools with MCP Launch

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