AMPL

EX-99.1

2 ampl-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Amplitude Announces Third Quarter 2026 Financial Results

• Annual Recurring Revenue of $431 million, up 24% year-over-year

• Remaining Performance Obligations of $497 million, up 27% year-over-year

• Third quarter revenue of $110.6 million, up 25% year-over-year

• Third quarter net cash provided by operations of $7.1 million and Free Cash Flow of $5.8 million

SAN FRANCISCO – November 4, 2026 – Amplitude, Inc. (Nasdaq: AMPL), a leading AI-powered platform, today announced financial results for its third quarter ended September 30, 2026.

"We continue to innovate on the bleeding edge and help our customers transform themselves into AI-powered product builders. The pace of building and shipping code continues to increase, but the context of what to build next continues to be the bottleneck. Amplitude, Statsig, and our AI products are helping companies bridge that gap to understand what to build next,” said Spenser Skates, co-founder and CEO of Amplitude. "Our customers are using more of our AI solutions and looking to us to learn how to engage AI to accelerate their own development."

"We delivered another quarter of growth with leverage achieving revenue growth of 25% with our highest non-GAAP operating margin in company history," said Andrew Casey, CFO of Amplitude. "We are focused on driving consolidation within enterprises with our platform and driving innovation with Statsig & AI products."

Third Quarter 2026 Financial Highlights:

(in millions, except per share and percentage amounts)

Third Quarter 2026

Third Quarter 2025

Y/Y Change

Annual Recurring Revenue

$431

$347

24%

Revenue

$110.6

$88.6

25%

GAAP Loss from Operations

$(24.6)

$(25.7)

$1.1

Non-GAAP Income from Operations

$5.7

$0.6

$5.1

GAAP Net Loss Per Share, Basic and Diluted

$(0.19)

$(0.18)

$(0.01)

Non-GAAP Net Income Per Share, Diluted

$0.04

$0.02

$0.02

Net Cash provided by Operating Activities

$7.1

$5.0

$2.1

Free Cash Flow

$5.8

$3.4

$2.4

Non-GAAP income (loss) from operations and non-GAAP net income (loss) per share exclude stock-based compensation expense and related employer payroll taxes, amortization of acquired intangible assets, acquisition-related costs, and non-recurring costs such as impairment of capitalized software and restructuring and other related charges. Stock-based compensation expense and the related employer payroll taxes were $28.8 million in the third quarter of 2026 compared to $25.7 million in the third quarter of 2025. Amortization of acquired intangible assets was $1.2 million in the third quarter of 2026 compared to $0.5 million in the third quarter of 2025. Impairment of capitalized software was $0.3 million in the third quarter of 2026 compared to $0 in the third quarter of 2025. Free cash flow is GAAP net cash provided by (used in) operating activities, less cash used for purchases of property and equipment and capitalized internal-use software costs. The section titled "Non-GAAP Financial Measures" below contains a description of the non-GAAP financial measures. Reconciliations of historical GAAP to non-GAAP information are presented in the accompanying tables.

Third Quarter and Recent Business Highlights:

• Made Agent Analytics generally available to all customers in August, enabling teams to evaluate AI agent conversations, identify failure patterns, and connect agent performance to product outcomes such as conversion and retention.

• Introduced Headless Amplitude in September, bringing product and user context into AI tools such as Claude, ChatGPT, Codex, and Cursor. Available on every plan, Headless Amplitude combines an improved Model Context Protocol (MCP) server, a developer command-line interface, and service accounts for programmatic access.

• Highlighted a product learning workflow with GitHub in October that connects Amplitude Wave, currently in closed beta, with GitHub Copilot and Statsig. The workflow helps teams identify opportunities from user behavior, turn proposed improvements into code for review, and measure their impact through controlled experiments.

• Expanded Statsig’s Agent experimentation, enabling teams to configure and compare AI agent variants, evaluate their performance through offline and online evaluations, and use A/B tests to measure their impact on product and business outcomes.

• Annual Recurring Revenue was $431 million, an increase of 24% year-over-year and an increase of $84 million compared to the third quarter of 2025.

• GAAP Net loss per share was $(0.19), based on 126.0 million basic shares, compared to a loss of $(0.18) per share, based on 133.0 million basic shares, in the third quarter of 2025.

• Non-GAAP Net income per share was $0.04, based on 138.4 million diluted shares, compared to $0.02 net income per share, based on 143.2 million diluted shares, in the third quarter of 2025.

• Net cash provided by operating activities was $7.1 million, a $2.1 million increas

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EX-99.1

2 ampl-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Amplitude Announces First Quarter 2026 Financial Results

• Annual Recurring Revenue was $374 million, up 17% year-over-year

• Remaining performance obligations of $427.4 million, up 31% year-over-year

• First quarter revenue of $93.5 million, up 17% year-over-year

• First quarter Net Cash used in Operations of $11.6 million and Free Cash Flow of $(13.2) million

SAN FRANCISCO – May 6, 2026 – Amplitude, Inc. (Nasdaq: AMPL), the leading AI analytics platform, today announced financial results for its first quarter ended March 31, 2026.

"We're entering a new era of analytics—one where AI can monitor your product around the clock, and free up your team to focus on improving the experience,” said Spenser Skates, co-founder and CEO of Amplitude. "The real advantage is how quickly a team can learn, iterate, improve, and automate. Agentic analytics is the key."

"We continue to deliver consistent execution on our core business as we rapidly innovate for the next generation of builders. We expanded multi-product ARR to 77%, expanded our enterprise customer base, and drove strong early adoption of our new pricing and packaging, which represented 25% of our total contracted ARR in the quarter." said Andrew Casey, CFO of Amplitude. "We will continue to invest in our customer’s adoption of our AI technologies as we increase the value that our platform can deliver."

First Quarter 2026 Financial Highlights:

(in millions, except per share and percentage amounts)

First Quarter 2026

First Quarter 2025

Y/Y Change

Annual Recurring Revenue

$374

$320

17%

Revenue

$93.5

$80.0

17%

GAAP Loss from Operations

$(24.1)

$(24.2)

$0.1

Non-GAAP Loss from Operations

$(3.1)

$(2.1)

$(1.0)

GAAP Net Loss Per Share, Basic and Diluted

$(0.17)

$(0.17)

$0.0

Non-GAAP Net Loss Per Share, Basic and Diluted

$(0.02)

$(0.00)

$(0.02)

Net Cash Used in Operating Activities

$(11.6)

$(8.0)

$(3.6)

Free Cash Flow

$(13.2)

$(9.2)

$(4.0)

Non-GAAP income (loss) from operations and non-GAAP net income (loss) per share exclude expenses related to stock-based compensation expense and related employer payroll taxes and amortization of acquired intangible assets. Stock-based compensation expense and the related employer payroll taxes were $20.5 million in the first quarter of 2026 compared to $21.8 million in the first quarter of 2025. Free cash flow is GAAP net cash provided by (used in) operating activities, less cash used for purchases of property and equipment and capitalized internal-use software costs. The section titled "Non-GAAP Financial Measures" below contains a description of the non-GAAP financial measures. Reconciliations of historical GAAP to non-GAAP information are presented in the accompanying tables.

First Quarter and Recent Business Highlights:

• Introduced Global Agent, a system-wide AI Agent that continuously understands customer behavior across charts, experiments, and sessions, answers questions, explains why metrics move, and takes action in real time. We also shipped Specialized Agents that asynchronously work to track performance, monitor conversion funnels, and analyze user sentiment while pushing updates into email or Slack.

• Expanded Model Context Protocol (MCP), a shared behavioral intelligence layer that brings trusted Amplitude insights directly into tools like Claude, Cursor, Slack, and Figma, enabling teams to act on customer data without leaving their workflow.

• Introduced Amplitude AI Assistant, an in-product support agent that delivers personalized, behavior-aware assistance directly inside your product. It answers questions, triggers walkthroughs, takes action, while connecting every conversation to activation, retention, and conversion metrics in real time.

• Introduced Agent Analytics, an new analytics system that bridges product analytics and LLM observability, enabling teams to measure AI agent quality at scale, trace failures to root cause across prompts, tools, and context, and directly connect agent performance to business outcomes like retention, conversion, and revenue.

• Announced a strategic partnership with Statsig to take on its brand and customers. Amplitude will also maintain and develop the current Statsig platform across the cloud and data warehouse, including support for existing customers.

• Annual Recurring Revenue was $374 million, an increase of 17% year-over-year and an increase of $54.2 million compared to the first quarter of 2025.

• GAAP Net Loss per share was $(0.17), based on 133.3 million basic shares, compared to a loss of $(0.17) per share, based on 129.7 million basic shares, in the first quarter of 2025.

• Non-GAAP Net Loss per share was $(0.02), based on 133.3 million basic shares, compared to $(0.00) per share, based on 129.7 million basic shares, in the first quarter of 2025.

• Net Cash used in Operations was $11.6 million, a $3.6 million increase year-over-year.

• Free Cash Flow was $