Amplitude Q1 2026 Earnings: Revenue Growth, Losses, and AI Cost Challenges – News and Statistics

May 17, 2026

Amplitude’s first quarter results were characterized by strong revenue growth and gradual operational enhancements, but the stock price declined due to continued losses and increasing cost pressures. Management attributed the quarter’s results to rapid introduction of new AI-powered capabilities, broad product engagement among enterprise customers, and extensive internal restructuring.

Revenue was $93.49 million, exceeding analyst expectations of $92.94 million and increasing 16.9% year-on-year. Adjusted EPS was -$0.02, 1 cent below consensus of -$0.01. Adjusted operating income totaled -$3.12 million, compared to the expected -$3.29 million, and the -3.3% margin is considered close to match.

The company increased its full-year sales forecast by 1.5% from $394 million to the midpoint of $400 million. Conversely, the company lowered its full-year adjusted EPS outlook to the midpoint of $0.05, a decrease of 57.1%. Operating margin improved to -25.8% from -30.3% in the same period last year.

Amplitude counted 727 customers who spend more than $100,000 annually. Net revenue retention increased to 106% from 104% in the prior quarter. Annual recurring revenue reached $374 million, matching expectations of $372.7 million and increasing 16.9% year over year. Billings at the end of the quarter were $105 million, up 20.3% for the year. The market capitalization was $819.6 million.

CEO Spenser Skates noted that increased use of AI is increasing inference costs, compressing gross margins and contributing to non-GAAP operating losses. Analysts posed some pointed questions during the earnings release. UBS’s Taylor McGinnis asked why OpenAI sold its Statsig business and whether Amplitude’s organic growth guidance had been lowered. Skates responded that OpenAI stores Statsig for internal purposes, but CFO Andrew Casey explained that it was an accounting adjustment rather than an operational issue that affected the reported growth rate.

RW Baird’s Robert Oliver asked about the impact of the new pricing model and whether the integration of Statsig will further pressure margins. Casey noted that pricing changes will drive early results, and Skates noted that integration costs will become more apparent in later quarters.

KeyBanc’s Jackson Ader asked about the balance between seamless AI-driven deployment and the need for technical support in the enterprise space. Skates said that while AI automation speeds up initial onboarding, human assistance remains critical for larger traditional clients who require education and integration support.

Clark Wright of the Davidson Attorney’s Office asked specifically about how the new pricing curve will help companies scale and what the Statsig partnership will enable. Casey reported positive feedback from customers regarding cost predictability, and Skates highlighted new access to data warehouse budgets and improved experimentation tools.

Needham’s Scott Berg questioned gross margin pressure from AI inference costs and the role of open source models. Skates says most customers prefer the latest, more expensive models for accuracy, but Amplitude plans to eventually optimize model selection to balance cost and performance.

1. Introduction

Data-driven decisions to grow your business
1. Report description
2. Research methods and AI platforms
3. Data-driven decision making for your business
4. Glossary and specific terms
2. Executive summary

Market performance overview
1. Main findings
2. Market Trends This chapter is only available in the Professional versionprofessional
3. Market overview

Understand the current state and outlook of the market
1. Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
2. Consumption by country: historical data (2012-2025) and forecast (2026-2035)
3. Market forecast to 2035
4. Products with the greatest potential for diversification

Find new products to diversify your business
1. Top products to diversify your business
2. best selling products
3. most consumed products
4. Most traded products
5. The most profitable products for export
5. Most promising supplier countries

Choosing the best country to establish a sustainable supply chain
1. Top countries for sourcing products
2. Top producing countries
3. Top exporting countries
4. low cost exporter
6. The most promising overseas market

Choosing the best country to promote exports
1. Top overseas markets where you can export your products
2. Top consumer market
3. unsaturated market
4. Top import markets
5. most profitable market
7. Production

Latest industry trends and insights
1. Production volume and value: historical data (2012-2025) and forecast (2026-2035)
2. Production by country: historical data (2012-2025) and forecast (2026-2035)
8. Import

Largest import supplier country
1. Imports: historical data (2012-2025) and forecast (2026-2035)
2. Imports by country: historical data (2012-2025) and forecast (2026-2035)
3. Import prices by country: historical data (2012-2025) and forecast (2026-2035)
9. Export

Biggest export destination
1. Exports: historical data (2012-2025) and forecast (2026-2035)
2. Exports by country: historical data (2012-2025) and forecast (2026-2035)
3. Export prices by country: historical data (2012-2025) and forecast (2026-2035)
10. Profile of major producers

The largest producers on the market and their profiles
11. Country Profile

Biggest markets and their profiles

This chapter is only available in the professional version
professional
1. 11.1
  US
  - market size
  - production
  - Imported goods
  - export
2. 11.2
  China
  - market size
  - production
  - Imported goods
  - export
3. 11.3
  Japan
  - market size
  - production
  - Imported goods
  - export
4. 11.4
  Germany
  - market size
  - production
  - Imported goods
  - export
5. 11.5
  England
  - market size
  - production
  - Imported goods
  - export
6. 11.6
  France
  - market size
  - production
  - Imported goods
  - export
7. 11.7
  Brazil
  - market size
  - production
  - Imported goods
  - export
8. 11.8
  Italy
  - market size
  - production
  - Imported goods
  - export
9. 11.9
  Russian Federation
  - market size
  - production
  - Imported goods
  - export
10. 11.10
  India
  - market size
  - production
  - Imported goods
  - export
11. 11.11
  Canada
  - market size
  - production
  - Imported goods
  - export
12. 11.12
  Australia
  - market size
  - production
  - Imported goods
  - export
13. 11.13
  republic of korea
  - market size
  - production
  - Imported goods
  - export
14. 11.14
  Spain
  - market size
  - production
  - Imported goods
  - export
15. 11.15
  Mexico
  - market size
  - production
  - Imported goods
  - export
16. 11.16
  Indonesia
  - market size
  - production
  - Imported goods
  - export
17. 11.17
  Netherlands
  - market size
  - production
  - Imported goods
  - export
18. 11.18
  turkey
  - market size
  - production
  - Imported goods
  - export
19. 11.19
  Saudi Arabia
  - market size
  - production
  - Imported goods
  - export
20. 11.20
  Switzerland
  - market size
  - production
  - Imported goods
  - export
21. 11.21
  Sweden
  - market size
  - production
  - Imported goods
  - export
22. 11.22
  Nigeria
  - market size
  - production
  - Imported goods
  - export
23. 11.23
  Poland
  - market size
  - production
  - Imported goods
  - export
24. 11.24
  Belgium
  - market size
  - production
  - Imported goods
  - export
25. 11.25
  Argentina
  - market size
  - production
  - Imported goods
  - export
26. 11.26
  Norway
  - market size
  - production
  - Imported goods
  - export
27. 11.27
  Austria
  - market size
  - production
  - Imported goods
  - export
28. 11.28
  Thailand
  - market size
  - production
  - Imported goods
  - export
29. 11.29
  united arab emirates
  - market size
  - production
  - Imported goods
  - export
30. 11.30
  Columbia
  - market size
  - production
  - Imported goods
  - export
31. 11.31
  Denmark
  - market size
  - production
  - Imported goods
  - export
32. 11.32
  South Africa
  - market size
  - production
  - Imported goods
  - export
33. 11.33
  Malaysia
  - market size
  - production
  - Imported goods
  - export
34. 11.34
  Israel
  - market size
  - production
  - Imported goods
  - export
35. 11.35
  Singapore
  - market size
  - production
  - Imported goods
  - export
36. 11.36
  egypt
  - market size
  - production
  - Imported goods
  - export
37. 11.37
  Philippines
  - market size
  - production
  - Imported goods
  - export
38. 11.38
  Finland
  - market size
  - production
  - Imported goods
  - export
39. 11.39
  Chile
  - market size
  - production
  - Imported goods
  - export
40. 11.40
  Ireland
  - market size
  - production
  - Imported goods
  - export
41. 11.41
  Pakistan
  - market size
  - production
  - Imported goods
  - export
42. 11.42
  Greece
  - market size
  - production
  - Imported goods
  - export
43. 11.43
  Portugal
  - market size
  - production
  - Imported goods
  - export
44. 11.44
  Kazakhstan
  - market size
  - production
  - Imported goods
  - export
45. 11.45
  algeria
  - market size
  - production
  - Imported goods
  - export
46. 11.46
  czech republic
  - market size
  - production
  - Imported goods
  - export
47. 11.47
  qatar
  - market size
  - production
  - Imported goods
  - export
48. 11.48
  Peru
  - market size
  - production
  - Imported goods
  - export
49. 11.49
  Romania
  - market size
  - production
  - Imported goods
  - export
50. 11.50
  Vietnam
  - market size
  - production
  - Imported goods
  - export
list of tables
1. Key findings in 2025
2. Physical Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
3. Market Value: Historical Data (2012-2025) and Forecast (2026-2035)
4. Per capita consumption by country, 2022-2025
5. Physical production by country: historical data (2012-2025) and forecast (2026-2035)
6. Physical imports by country: historical data (2012-2025) and forecast (2026-2035)
7. Import value, by country: historical data (2012-2025) and forecast (2026-2035)
8. Import prices by country: historical data (2012-2025) and forecast (2026-2035)
9. Physical exports by country: historical data (2012-2025) and forecast (2026-2035)
10. Export value by country (value basis): past data (2012-2025) and forecast (2026-2035)
11. Export prices by country: historical data (2012-2025) and forecast (2026-2035)
List of diagrams
1. Physical Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
2. Market Value: Historical Data (2012-2025) and Forecast (2026-2035)
3. Consumption, by country, 2025
4. Market size forecast until 2035
5. Market value prediction until 2035
6. Market size and growth rate by product
7. Average consumption per person by product
8. Exports and growth by product
9. Export prices and growth rates by product
10. Production volume and growth rate
11. export and growth
12. Export prices and growth
13. Market size and growth
14. consumption per capita
15. import and growth
16. import price
17. Production in the physical sense: historical data (2012-2025) and forecasts (2026-2035)
18. Production value, value basis: historical data (2012-2025) and forecast (2026-2035)
19. Production, by country, 2025
20. Physical production by country: historical data (2012-2025) and forecast (2026-2035)
21. Imports from a physical perspective: historical data (2012-2025) and forecasts (2026-2035)
22. Import value, value basis: historical data (2012-2025) and forecast (2026-2035)
23. Import volume, physical volume, by country, 2025
24. Physical imports by country: historical data (2012-2025) and forecast (2026-2035)
25. Import value, by country: historical data (2012-2025) and forecast (2026-2035)
26. Import prices by country: historical data (2012-2025) and forecast (2026-2035)
27. Exports from a physical perspective: historical data (2012-2025) and forecasts (2026-2035)
28. Export value (by value): historical data (2012-2025) and forecast (2026-2035)
29. Exports (in kind, by country, 2025)
30. Physical exports by country: historical data (2012-2025) and forecast (2026-2035)
31. Export value by country (value basis): past data (2012-2025) and forecast (2026-2035)
32. Export prices by country: historical data (2012-2025) and forecast (2026-2035)