Amplitude, Inc. AMPL
Founded in 2012, Amplitude is driving the evolution of AI analytics as part of our mission to help companies build better products and digital experiences.
We believe we were the first company to recognize that traditional analytics tools were built for websites and marketing campaigns, not for understanding how people engage with digital products. That's why we built an AI Analytics Platform designed specifically to analyze behavioral data and provide real-time, actionable insights that drive business outcomes.
Today, our platform goes far beyond standalone analytics. It unifies Analytics, Session Replay, Feature Experimentation, Web Experimentation, Audience Activation, Guides and Surveys, AI Agents, Amplitude Model Context Protocol ("MCP"), AI Visibility, AI Feedback and Automated Insights, allowing teams to seamlessly move from data to insights to actions—all in one place.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $343.2M | $299.3M | $276.3M | $238.1M | $167.3M | $102.5M | $68.4M | — |
| Cost of revenue | $89.3M | $76.9M | $71.9M | $70.4M | $51.8M | $30.5M | $22.1M | — |
| Gross profit | $253.9M | $222.3M | $204.4M | $167.6M | $115.5M | $72.0M | $46.3M | — |
| R&D | $97.6M | $97.6M | $90.1M | $80.6M | $48.3M | $26.1M | $19.0M | — |
| SG&A | $64.3M | $63.9M | $54.9M | $53.6M | $55.4M | $18.1M | $14.6M | — |
| Total operating expenses | $349.9M | $329.7M | $306.9M | $264.2M | $189.6M | $96.0M | $80.7M | — |
| Pre-tax income | -$85.3M | -$92.5M | -$89.1M | -$92.6M | -$74.0M | -$23.7M | -$32.9M | — |
| Income tax | $3.2M | $1.8M | $1.3M | $796.0K | $1.0M | $833.0K | $663.0K | — |
| Net income | -$88.5M | -$94.3M | -$90.4M | -$93.4M | -$75.0M | -$24.6M | -$33.5M | — |
| EPS, basic | -0.67 | -0.76 | -0.77 | -0.84 | -1.46 | -0.98 | — | — |
| EPS, diluted | -0.67 | -0.76 | -0.77 | -0.84 | -1.46 | -0.98 | -1.38 | — |
| Shares, diluted (wtd. avg.) | $132.0M | $123.9M | $116.9M | $111.4M | $51.4M | $25.1M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $81.1M | $171.7M | $249.4M | $219.3M | $308.3M | $118.9M | $80.9M | $96.7M |
| Short-term investments | $110.9M | $69.4M | $73.9M | $12.0M | $0 | — | — | — |
| Receivables | $23.4M | $26.3M | $29.5M | $22.7M | $20.4M | $17.4M | — | — |
| Total current assets | $256.7M | $303.6M | $380.0M | $284.4M | $355.1M | $148.7M | — | — |
| Property, plant and equipment | $18.6M | $16.3M | $10.1M | $9.4M | $4.8M | $2.7M | — | — |
| Goodwill | $25.2M | $24.4M | $4.1M | $4.1M | $4.1M | $1.0M | — | — |
| Other intangibles | $6.4M | $4.4M | $609.0K | $2.0M | $3.6M | $2.0M | — | — |
| Total assets | $420.7M | $445.9M | $433.7M | $413.8M | $400.4M | $175.1M | — | — |
| Accounts payable | $5.7M | $991.0K | $3.1M | $490.0K | $3.4M | $4.4M | — | — |
| Total current liabilities | $164.7M | $144.5M | $132.3M | $109.2M | $90.6M | $53.3M | — | — |
| Total liabilities | $175.3M | $149.4M | $138.9M | $118.8M | $93.8M | $54.4M | — | — |
| Retained earnings | -$546.4M | -$457.8M | -$363.5M | -$273.2M | -$179.8M | -$104.8M | — | — |
| Total equity | $245.3M | $296.6M | $294.8M | $295.0M | $306.5M | -$67.1M | -$62.9M | -$37.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $29.8M | $18.5M | $25.6M | -$5.4M | -$31.7M | -$10.4M | -$16.0M | — |
| Stock-based compensation | $92.1M | $100.0M | $88.3M | $67.2M | $34.4M | $16.6M | $7.3M | — |
| Capital expenditure | $1.6M | $1.7M | $1.3M | $3.6M | $1.5M | $984.0K | $648.0K | — |
| Investing cash flow | -$55.1M | -$75.4M | $9.3M | -$89.4M | -$1.5M | -$5.9M | -$648.0K | — |
| Financing cash flow | -$65.3M | -$19.9M | -$4.9M | $5.8M | $222.6M | $54.2M | $874.0K | — |
| Buybacks | $30.7M | $0 | $648.0K | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016728.
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