Filing Flows › Amplitude (AMPL) › Q1 2026
Amplitude (AMPL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Amplitude (AMPL) reported revenue of $93.5M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +2% from the quarter before. Operating margin was -23.7%, net loss $23.3M (24.9% of revenue).
Amplitude, Q1 2026: revenue $93.5M (+17% year over year), operating margin -23.7%, net loss $23.3M, operating cash flow −$11.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.5M | +2% | +17% |
| Operating profit | −$22.2M | — | — |
| Net earnings | −$23.3M | — | — |
| Operating cash flow | −$11.6M | -190% | — |
What changed
Revenue was $93.5M in Q1 2026, up 17% year over year and up 2% from the previous quarter.
Gross margin was 73.0%, down 1.7 points from Q1 2025. Operating costs exceeded revenue by $22.2M, an operating margin of -23.7%. Operating expenses grew 11% against revenue growth of 17%. The quarter ended with a net loss of $23.3M, wider than the previous quarter's $17.7M loss.
Operating cash flow was −$11.6M. Non-cash charges added back $2.8M of depreciation and amortization and $20.0M of share-based compensation. Working capital and other items used $11.1M. Capital expenditures of $435K exceeded it, leaving free cash flow of −$12.0M.
Questions
What was Amplitude's revenue in the first quarter 2026?
Amplitude (AMPL) reported revenue of $93.5M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +2% from the quarter before.
Was Amplitude profitable in the first quarter 2026?
Operating loss was $22.2M (-23.7% of revenue) and net loss $23.3M.
Source: Amplitude 10-Q on SEC EDGAR.