NASDAQ$AMPL

Amplitude Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced second quarter 2022 financial results with revenue of $58.1 million, up 48% year-over-year.

Amplitude reported revenue of $58.1 million, a 48% increase year-over-year. The company's current remaining performance obligations reached $170.2 million, up 46% year-over-year. The number of paying customers grew 43% year-over-year to 1,836, and the dollar-based net retention rate was 126%.

  • Revenue of $58.1 million, up 48% year-over-year
  • Current Remaining Performance Obligations of $170.2 million, up 46% year over year
  • Number of paying customers grew 43% year-over-year to 1,836
  • Dollar-based net retention rate as of June 30, 2022, was 126% compared to 119% as of June 30, 2021

Headline financials

Total Revenue

$58.1M

Previous: $39.3M+48.1%
EPS (adj)

-$0.08

Previous: -$0.15+46.7%
Remaining Performance Obligations

$170M

Previous: $117M+45.6%
Dollar-based Net Retention Rate

126.0%

Previous: 119.0%+5.9%
Capital Expenditures

-$2.53M

No prior period
Free Cash Flow

-$27.1M

Previous: -$5.8M-367.1%
Net Income

-$24.6M

Previous: -$10.1M-143.7%
Operating Income

-$24.6M

Previous: -$9.75M-152.2%
Gross Profit

$41.1M

No prior period
Cash & Equivalents

$310M

No prior period
Total Assets

$427M

No prior period
Stock-Based Comp

$14.8M

No prior period

Revenue & EPS history

Amplitude · Revenue · Quarterly

$58.1M

Q2 2022+48.1%vs Q2 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The company expects revenue between $59.5 million and $60.5 million for Q3 2022 and between $232 million and $236 million for the full year 2022. Non-GAAP operating margin is expected to be between -16% and -17% for Q3 2022 and between -15% and -16% for the full year 2022. Non-GAAP net loss per share is expected to be between $(0.08) and $(0.07) for Q3 2022 and between $(0.36) and $(0.34) for the full year 2022.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-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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