GURUFOCUS.COM » STOCK LIST » Technology » Software » Amplitude Inc (NAS:AMPL) » Definitions » Gross Profit

AMPL (Amplitude) Gross Profit : $217.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Amplitude Gross Profit?

Amplitude's gross profit for the three months ended in Sep. 2024 was $56.5 Mil. Amplitude's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $217.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Amplitude's gross profit for the three months ended in Sep. 2024 was $56.5 Mil. Amplitude's Revenue for the three months ended in Sep. 2024 was $75.2 Mil. Therefore, Amplitude's Gross Margin % for the quarter that ended in Sep. 2024 was 75.08%.

Amplitude had a gross margin of 75.08% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Amplitude was 74.23%. The lowest was 67.70%. And the median was 70.25%.


Amplitude Gross Profit Historical Data

The historical data trend for Amplitude's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amplitude Gross Profit Chart

Amplitude Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
46.34 71.98 115.50 167.63 204.36

Amplitude Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.35 53.14 53.74 53.82 56.47

Competitive Comparison of Amplitude's Gross Profit

For the Software - Application subindustry, Amplitude's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amplitude's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Amplitude's Gross Profit distribution charts can be found below:

* The bar in red indicates where Amplitude's Gross Profit falls into.



Amplitude Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Amplitude's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=276.284 - 71.923
=204.4

Amplitude's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=75.217 - 18.744
=56.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $217.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Amplitude's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=56.5 / 75.217
=75.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Amplitude  (NAS:AMPL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Amplitude had a gross margin of 75.08% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Amplitude Gross Profit Related Terms

Thank you for viewing the detailed overview of Amplitude's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Amplitude Business Description

Traded in Other Exchanges
N/A
Address
201 Third Street, Suite 200, San Francisco, CA, USA, 94103
Amplitude Inc is a Software company that provides a Digital Analytics Platform that helps companies analyze their customer behavior within digital products. The Company delivers its application over the Internet as a subscription service using a software-as-a-service (SaaS) model and also it offers customer support related to initial implementation setup, ongoing support services, and application training. The company generates revenue primarily through selling subscriptions to the platform. The company derives a majority of its revenue from the United States.
Executives
Catherine Wong director C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Eric Vishria director, 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Battery Partners Select Fund I, L.p. 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Neeraj Agrawal director, 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Patrick W Grady director, 10 percent owner C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Sc Us (ttgp), Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Christopher Harms officer: Chief Financial Officer C/O FORESCOUT TECHNOLOGIES INC, 190 WEST TASMAN DRIVE, SAN JOSE CA 95134
Thomas Neergaard Hansen officer: President C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Ninos Sarkis officer: Chief Accounting Officer C/O AMPLITUDE, INC., 201 THIRD STREET, SUITE 200, SAN FRANCISCO CA 94103
Mitchell Lasky 10 percent owner 2480 SAND HILL ROAD, STE 200, MENLO PARK CA 94025
Chetan Puttagunta 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Sarah E Tavel 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
An-yen Hu 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
J William Gurley 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025