Skates positioned Wave as an alpha-stage, self-improving product platform that uses analytics and experimentation data.
Monetization is planned, with early pull-through for multi-product adoption.
Guidance for Q3 and full year
Q3 revenue outlook was $105.6 million to $108 million; non-GAAP operating income was guided to $2.5 million to $4.5 million.
Full-year revenue guidance was raised to $407.2 million to $411.2 million.
Q2 results and operating metrics
Amplitude Q2 2026 earnings call drew CEO Spenser Skates, CFO Andrew Casey, IR head John Streppa, and analysts from Raymond James, KeyBanc, Needham, Piper Sandler, D.A. Davidson, BofA, BTIG, Citi, and William Blair.
Revenue was $100.9 million, up 21% year over year; annual recurring revenue was $410 million, up 22% year over year, including $17 million from Statsig; customers over $100,000 in ARR rose 30% year over year to .
Gross margin was 71%, down 4 points quarter over quarter, reflecting higher AI inference costs and Statsig integration; non-GAAP operating loss was $1.5 million; free cash flow was $23.7 million.
AMPL•
