Amplitude Inc · Q3 2022 earnings

Briefing

Amplitude's Q3 2022 financial results were announced, demonstrating substantial year-over-year revenue growth and customer base expansion.

Amplitude reported a 35% year-over-year revenue increase, reaching $61.6 million for Q3 2022. The company's customer base grew by 35% to 1,913 paying customers, and the dollar-based net retention rate was 123%.

• Revenue increased by 35% year-over-year to $61.6 million.
• Current Remaining Performance Obligations (CRPO) grew by 46% year-over-year to $183.9 million.
• The number of paying customers increased by 35% year-over-year, totaling 1,913.
• Dollar-based net retention rate was 123% as of September 30, 2022.

Headline financials

Revenue & EPS history

For the fourth quarter of 2022, Amplitude expects revenue between $62.5 and $64.5 million, a non-GAAP operating margin between -10% and -11%, and a non-GAAP net loss per share between $(0.03) and $(0.04). For the full year 2022, the company expects revenue between $235 and $237 million, a non-GAAP operating margin between -11% and -12%, and a non-GAAP net loss per share between $(0.21) and $(0.22).