📊 AMPL Key Takeaways
Is Amplitude, Inc. (AMPL) a Good Investment?
Amplitude demonstrates strong product fundamentals with 73% gross margins and 14.7% revenue growth, but is deeply unprofitable with -23.7% operating margin and -$11.6M operating cash flow. At current burn rates, the company has only 7-8 quarters of cash runway, requiring immediate achievement of profitability despite scaling revenue.
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.
Amplitude, Inc. Key Strengths (AMPL)
- Exceptional 73% gross margin demonstrates strong pricing power and product quality
- Strong balance sheet with $86.6M cash, zero long-term debt, and 1.52x current ratio provides financial cushion
- Revenue growth of 14.7% YoY shows sustained market demand and customer acquisition traction
- 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
- Unprofitable with -$23.7% operating margin; operating expenses consume 97% of revenue despite healthy gross profit
- Negative operating cash flow of -$11.6M and negative free cash flow of -$12.0M indicate unsustainable burn rate
- Cash runway approximately 7-8 quarters at current burn rates; company must achieve profitability urgently or face capital constraints
- 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 and path to profitability with revenue growth
- Operating cash flow inflection point - must turn positive to validate unit economics
- Operating expense ratio trends and efficiency improvements relative to revenue scale
- 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 |
|---|---|---|---|
| Q1 2026 | $80.0M | -$22.2M | $-0.17 |
| 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 |
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 Grade of C from Claude (C) and ChatGPT (B) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AMPL's key strengths?
Claude: Exceptional 73% gross margin demonstrates strong pricing power and product quality. Strong balance sheet with $86.6M cash, zero long-term debt, and 1.52x current ratio provides financial cushion. 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: Unprofitable with -$23.7% operating margin; operating expenses consume 97% of revenue despite healthy gross profit. Negative operating cash flow of -$11.6M and negative free cash flow of -$12.0M indicate unsustainable burn rate. 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 $93.5M.
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 $-0.17.
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 grade reflects both perspectives for balanced insights.
What is AMPL's fundamental grade?
Based on our AI fundamental analysis in June 2026, Amplitude, Inc. has a C grade with 76% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is AMPL stock overvalued or undervalued?
Valuation metrics for AMPL: ROE of -10.7% (sector avg: 22%), net margin of -24.9% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is AMPL's AI grade for 2026?
Our dual AI analysis gives Amplitude, Inc. a combined C grade 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 $-11.6M, with capital expenditures of $435.0K. FCF margin is -12.9%.
How does AMPL compare to other Technology stocks?
Vs Technology sector averages: Net margin -24.9% (avg: 18%), ROE -10.7% (avg: 22%), current ratio 1.52 (avg: 2.5).