NASDAQ$AMPL

Amplitude Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Amplitude's second quarter results for 2021 were announced, demonstrating substantial year-over-year growth.

Amplitude reported a strong second quarter in 2021, with revenue increasing by 66% year-over-year to $39.3 million. The company's current remaining performance obligations also saw significant growth, increasing by 76% year-over-year to $116.9 million.

  • Revenue reached $39.3 million, a 66% increase year-over-year.
  • Current Remaining Performance Obligations totaled $116.9 million, up 76% year-over-year.
  • The number of paying customers grew 51% year-over-year, reaching 1,280.
  • Dollar-based net retention rate was 119%.

Headline financials

Total Revenue

$39.3M

Previous: $23.7M+65.7%
EPS (adj)

-$0.15

Previous: -$0.48+68.6%
Remaining Performance Obligations

$117M

Previous: $66.5M+75.8%
Dollar-based Net Retention Rate

119.0%

No prior period
Free Cash Flow

-$5.8M

No prior period
Net Income

-$10.1M

Previous: -$11.7M+13.9%
Operating Income

-$9.75M

Previous: -$11.5M+15.6%

Revenue & EPS history

Amplitude · Revenue · Quarterly

$39.3M

Q2 2021+65.7%vs Q2 2020
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Forward guidance

For the third quarter of 2021, Amplitude expects revenue between $43.0 million and $44.0 million. For the full year 2021, the company anticipates revenue between $160.0 million and $162.0 million.

Tailwinds

  • Revenue is expected to be between $43.0 million and $44.0 million for Q3 2021.
  • Full year 2021 revenue is projected to be between $160.0 million and $162.0 million.
  • Full year 2022 total revenue growth will be in excess of 40%.

Headwinds

  • Non-GAAP Loss from Operations is expected to be between $(5.0) million and $(4.0) million for Q3 2021.
  • Non-GAAP Loss from Operations is expected to be between $(25.0) million and $(23.0) million for the full year 2021.
  • Non-GAAP Net Loss Per Share is expected to be between $(0.15) and $(0.12) for Q3 2021.
  • Non-GAAP Net Loss Per Share is expected to be between $(0.50) and $(0.46) for the full year 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-4.1%

Avg return

Earnings day

-3.2%

Avg return

5 days after

-4.8%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+22.1%

Q2 2022

Best reaction

-61.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.4%-17.8%+1.9%
Q4 2025-0.3%-4.9%-2.4%
Q3 2025+2.8%+16.0%+15.8%
Q1 2025+11.2%+25.3%+35.2%
Q4 2024+21.9%+8.2%-1.7%
Q3 2024-0.8%+5.3%+14.9%
Q2 2024+2.2%+10.8%+10.3%
Q1 2024-3.4%-1.1%-12.0%
Q4 2023-16.3%-14.4%-18.4%
Q3 2023+0.2%-1.9%+7.8%
Q2 2023+6.0%+5.5%+17.9%
Q1 2023-7.8%-14.0%-12.2%
Q4 2022-8.5%-8.0%-23.7%
Q3 2022-11.9%-15.4%-18.1%
Q2 2022+22.1%+24.1%-0.1%
Q1 2022+0.7%-8.3%+11.1%
Q4 2021-61.3%-53.3%-59.3%
Q3 2021-6.9%-8.0%-29.4%
Q4 2020-6.9%-8.0%-29.4%
Q2 2021
Q3 2020
Q2 2020
Q1 2020

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