Amplitude Inc (NAS:AMPL)
$ 8.04 -0.69 (-7.89%) Market Cap: 1.07 Bil Enterprise Value: 895.81 Mil PE Ratio: 0 PB Ratio: 4.91 GF Score: 74/100

Q1 2026 Amplitude Inc Earnings Call Transcript

May 06, 2026 / 09:00PM GMT
Release Date Price: $7.52 (-5.41%)
John Streppa
Amplitude Inc - Head of Investor Relations

Additional information regarding these non-GAAP financial measures and a reconciliation between these GAAP and non-GAAP financial measures are included in our earnings press release and the supplemental financial information which can be found on our investor relations website at investors.amplitude.com. With that, I hand the call over to Spencer.

Spenser Skates
Amplitude Inc - Chairperson of the Board, Chief Executive Officer, Co-Founder

Good afternoon, everyone, and welcome to Amplitude's first quarter 2026 earnings call. Today, I'll cover three things. First, our Q1 results. Second, how AI is reshaping the software development lifecycle. And third, a deep dive into our latest AI products and the customers putting them to work.

Let me start with the numbers.

Q1 revenue was $94 million, up 17% year-over-year.

Annual recurring revenue was $374 million, up 17% year-over-year and up $9 million from last quarter. Non-GAAP operating loss was $3.1 million.

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