Amplitude Inc Class A (AMPL)

Amplitude's stock has experienced volatility in the past six months. In Q3 CY2025, Amplitude reported results exceeding market revenue expectations. In Q4 2025, ARR growth moved to 17% year-over-year, and the company delivered its first quarter of positive non-GAAP operating income. In Q1 2026, Amplitude reported revenue surpassing analysts' expectations. Following the Q1 2026 earnings, Amplitude lowered its adjusted earnings per share guidance for the full-year 2026, leading to a drop in share price and a downgrade. Amplitude announced a strategic partnership with Statsig, expected to add approximately $16 million in incremental ARR starting Q2 2026. As of May 6, 2026, the share price was $7.52, representing a decline of 20.17% over the past year.

While explicit statements about demand seasonality for Amplitude's products and services are not readily available, the company's revenue and ARR growth trends provide some insight into demand. Amplitude's revenue growth has been consistent, with Q1 2026 revenue increasing 17% year-over-year and ARR also growing by 17% year-over-year. The company's dollar-based net expansion improved sequentially to 106% in Q1 2026. Amplitude's net revenue retention rate of 101% in Q3 CY2025 suggests that existing customers continue to increase their spending. The rapid adoption of Amplitude's AI tools by customers has also driven growth.

Amplitude, Inc. is a software company specializing in digital analytics, providing a platform for businesses to understand and optimize customer behavior within their digital products. The company's core business revolves around its Digital Analytics Platform, which includes Amplitude Analytics for real-time product data, Amplitude Experiment for testing new capabilities, Amplitude CDP for data infrastructure and audience management, Amplitude Session Replay for reconstructing user journeys, Amplitude Activation for resolving identity conflicts and streamlining data integration, Amplitude Guides and Surveys for deploying in-product guides, Amplitude AI Agents for specific goals, Amplitude MCP for analyzing data using conversational AI, Amplitude AI Visibility for brand insights, Amplitude AI Feedback for converting user input into insights, and Amplitude Automated Insights for replicating analysis processes. The company also offers a Premium Success Package (PSP) for large enterprises and has been actively integrating AI into its platform.

Amplitude, Inc. is headquartered in San Francisco, California, United States. The company has a growing international presence, although it derives a majority of its revenue from the United States.

Amplitude has maintained a strong reputation in the digital analytics space, ranking #1 across multiple categories in G2's Fall 2025 and Winter 2026 Reports. The company is recognized for helping over 4,500 customers build better products and digital experiences. However, some concerns regarding implementation complexity and documentation have been noted. The company's aggressive transformation into an AI company has positively impacted its reputation.

Amplitude, Inc. has significant institutional ownership, with 221 institutional owners and shareholders holding a total of 77,616,708 shares as of April 9, 2026. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Alliancebernstein L.P. Individual ownership includes Curtis Liu (Top Key Executive and co-founder) with 12% of shares outstanding, Spenser Skates (CEO and co-founder) owns 4.9% of the company's shares, and Neeraj Agrawal is the largest individual Amplitude shareholder, owning 9.34 million shares, representing 6.98% of the company.