Amplitude Q3 revenue beats analyst estimates on increased AI solutions demand
AMPL•Amplitude's Q3 revenue rose 25% year over year to $110.6 million, beating the $107.03 million analyst estimate, while adjusted EPS of $0.04 topped the $0.03 estimate. The company expects Q4 revenue of $110.8 million to $113.2 million and 2026 revenue of $415.8 million to $418.2 million.
1. Quarterly results
Amplitude reported Q3 revenue of $110.6 million, up 25% year over year and above the $107.03 million analyst estimate. Adjusted EPS was $0.04, compared with the $0.03 estimate, and the company achieved a record non-GAAP operating margin. Q3 EBIT was a loss of $24.6 million, and free cash flow was $5.8 million.
2. Growth drivers and outlook
The company said increased customer adoption of its AI products, enterprise customer consolidation onto its platform, and the August launch of Agent Analytics for all customers contributed to growth and product adoption. Amplitude forecasts Q4 revenue of $110.8 million to $113.2 million and non-GAAP operating income of $7 million to $9 million. It expects 2026 revenue of $415.8 million to $418.2 million.
