📊 AMPL Key Takeaways
Is Amplitude, Inc. (AMPL) a Good Investment?
Amplitude demonstrates strong revenue growth (+14.7% YoY) and maintains healthy gross margins (74%), indicating product-market fit and pricing power. However, significant operating losses (-24.9% margin) and negative profitability (-25.8% net margin) reveal the company is still in investment/scaling mode despite being a public company. The positive free cash flow (28.2M) and strong liquidity (1.56x current ratio) provide a financial runway, but profitability inflection remains uncertain.
Amplitude shows solid top-line momentum, strong gross margins, and positive free cash flow, which supports the quality of its core software model. However, the business remains meaningfully unprofitable at the operating and net income level, so the fundamental picture is improving but not yet strong enough to justify a more bullish rating.
Why Buy Amplitude, Inc. Stock? AMPL Key Strengths
- Strong revenue growth of 14.7% YoY with 74% gross margins demonstrating pricing power and unit economics
- Positive free cash flow of 28.2M (8.2% FCF margin) despite operating losses, showing underlying business generates cash
- Solid balance sheet with 81.1M cash, manageable 1.56x liquidity ratio, and zero long-term debt providing financial flexibility
- Revenue growth of 14.7% YoY indicates continued demand and commercial expansion
- Gross margin of 74.0% reflects an attractive software business model with good unit economics
- Positive operating cash flow and free cash flow, combined with no long-term debt, support financial resilience
AMPL Stock Risks: Amplitude, Inc. Investment Risks
- Deep operating losses (-85.3M) and negative net margins (-25.8%) indicate unsustainable cost structure relative to revenue base
- Deteriorating profitability trend despite revenue growth - operating income declining faster than revenue increasing suggests margin expansion challenges
- Elevated insider trading activity (8 Form 4 filings in 90 days) and negative ROE/ROA ratios raise concerns about shareholder value creation and insider confidence
- Operating margin of -24.9% and net margin of -25.8% show the company is still far from sustained profitability
- Net income remains deeply negative, suggesting cash generation may rely on factors not fully reflected in earnings quality
- Moderate liquidity at 1.56x current ratio leaves less room for prolonged losses than larger cash-rich peers
Key Metrics to Watch
- Operating margin trajectory - need to see path to profitability with revenue growth
- Rule of 40 (revenue growth + FCF margin) - currently 22.9%, below 40 threshold for healthy SaaS
- Customer acquisition cost vs. lifetime value dynamics and net revenue retention rate
- Operating margin improvement
- Free cash flow margin consistency
Amplitude, Inc. (AMPL) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Amplitude, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
AMPL Profit Margin, ROE & Profitability Analysis
AMPL vs Technology Sector: How Amplitude, Inc. Compares
How Amplitude, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Amplitude, Inc. Stock Overvalued? AMPL Valuation Analysis 2026
Based on fundamental analysis, Amplitude, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Amplitude, Inc. Balance Sheet: AMPL Debt, Cash & Liquidity
AMPL Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Amplitude, Inc.'s revenue has grown significantly by 105% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.77 indicates the company is currently unprofitable.
AMPL Revenue Growth, EPS Growth & YoY Performance
AMPL Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $75.2M | -$16.9M | $-0.14 |
| Q2 2025 | $73.3M | -$21.5M | $-0.19 |
| Q1 2025 | $72.6M | -$21.5M | $-0.17 |
| Q3 2024 | $70.6M | -$16.9M | $-0.14 |
| Q2 2024 | $67.8M | -$21.5M | $-0.19 |
| Q1 2024 | $66.5M | -$21.5M | $-0.18 |
| Q3 2023 | $61.6M | -$17.7M | $-0.15 |
| Q2 2023 | $58.1M | -$22.2M | $-0.22 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Amplitude, Inc. Dividends, Buybacks & Capital Allocation
AMPL SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Amplitude, Inc. (CIK: 0001866692)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AMPL
What is the AI rating for AMPL?
Amplitude, Inc. (AMPL) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AMPL's key strengths?
Claude: Strong revenue growth of 14.7% YoY with 74% gross margins demonstrating pricing power and unit economics. Positive free cash flow of 28.2M (8.2% FCF margin) despite operating losses, showing underlying business generates cash. ChatGPT: Revenue growth of 14.7% YoY indicates continued demand and commercial expansion. Gross margin of 74.0% reflects an attractive software business model with good unit economics.
What are the risks of investing in AMPL?
Claude: Deep operating losses (-85.3M) and negative net margins (-25.8%) indicate unsustainable cost structure relative to revenue base. Deteriorating profitability trend despite revenue growth - operating income declining faster than revenue increasing suggests margin expansion challenges. ChatGPT: Operating margin of -24.9% and net margin of -25.8% show the company is still far from sustained profitability. Net income remains deeply negative, suggesting cash generation may rely on factors not fully reflected in earnings quality.
What is AMPL's revenue and growth?
Amplitude, Inc. reported revenue of $343.2M.
Does AMPL pay dividends?
Amplitude, Inc. does not currently pay dividends.
Where can I find AMPL SEC filings?
Official SEC filings for Amplitude, Inc. (CIK: 0001866692) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AMPL's EPS?
Amplitude, Inc. has a diluted EPS of $-0.67.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is AMPL a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Amplitude, Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is AMPL stock overvalued or undervalued?
Valuation metrics for AMPL: ROE of -36.1% (sector avg: 22%), net margin of -25.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy AMPL stock in 2026?
Our dual AI analysis gives Amplitude, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is AMPL's free cash flow?
Amplitude, Inc.'s operating cash flow is $29.8M, with capital expenditures of $1.6M. FCF margin is 8.2%.
How does AMPL compare to other Technology stocks?
Vs Technology sector averages: Net margin -25.8% (avg: 18%), ROE -36.1% (avg: 22%), current ratio 1.56 (avg: 2.5).