Amplitude Announces Fourth Quarter and Fiscal Year 2025 Financial Results

Core Insights - Amplitude reported a record full-year cash flow from operations of $29.8 million and free cash flow of $23.5 million for fiscal year 2025, indicating strong financial health and operational efficiency [1] - The company achieved fourth-quarter revenue of $91.4 million, reflecting a 17% year-over-year increase, and an annual recurring revenue (ARR) of $366 million, also up 17% year-over-year [1] - The company is focusing on enhancing its AI analytics platform, with enterprise and multi-product customers now representing 74% of total ARR, highlighting a strategic shift towards larger clients [1] Financial Highlights - Fourth Quarter 2025: - Revenue: $91.4 million, up 17% from $78.1 million in Q4 2024 [1] - Annual Recurring Revenue: $366 million, up 17% from $312 million in 2024 [1] - GAAP Loss from Operations: $(19.1) million, improved from $(35.5) million in Q4 2024 [1] - Non-GAAP Income from Operations: $4.2 million, up from $0.2 million in Q4 2024 [1] - Free Cash Flow: $11.2 million, a significant increase from $1.5 million in Q4 2024 [1] - Fiscal Year 2025: - Revenue: $343.2 million, a 15% increase from $299.3 million in 2024 [1] - GAAP Loss from Operations: $(96.0) million, improved from $(107.4) million in 2024 [1] - Non-GAAP Net Income per Share: $0.06, unchanged from 2024 [1] - Free Cash Flow: $23.5 million, up from $11.7 million in 2024 [1] Business Developments - The Board of Directors approved an increase in the share repurchase program, allowing for the repurchase of up to an additional $100 million of Class A common stock [1] - The number of customers with $1 million or greater in ARR increased to 56, representing a 33% year-over-year growth [1] - The company acquired InfiniGrow to enhance its marketing capabilities and launched AI Feedback, a customer feedback engine utilizing proprietary LLM technology [1] Financial Outlook - For Q1 2026, Amplitude expects revenue between $91.7 million and $93.7 million and a non-GAAP operating loss between $(4.5) million and $(2.5) million [2] - For the full year 2026, the revenue outlook is projected between $390.0 million and $398.0 million, with non-GAAP net income per share expected to range from $0.08 to $0.13 [2]