Amplitude 2025 Q3 Earnings Revenue Grows 17.7% Amid Widening Losses

Amplitude (AMPL) reported fiscal 2025 Q3 earnings on November 6, 2025, with revenue surpassing estimates and full-year guidance raised. The company exceeded revenue expectations by $2.27 million and increased its 2025 revenue forecast to $340.8–$342.8 million, reflecting stronger enterprise adoption and AI product momentum.

Revenue

Amplitude’s total revenue rose 17.7% year-over-year to $88.56 million in Q3 2025, outpacing the $86.29 million consensus estimate. This growth was driven by robust enterprise customer expansion, with 653 clients achieving ≥$100K ARR, up 15% YoY. Annual Recurring Revenue (ARR) reached $347 million, a 16% increase, and multi-product adoption now accounts for 71% of ARR.

Earnings/Net Income

The company’s financial challenges persisted, with a net loss widening to $23.99 million, or $0.18 per share, a 42.3% increase in losses compared to $16.85 million in Q3 2024. Despite revenue growth, recurring losses highlight ongoing operational inefficiencies, with R&D expenses rising to 19% of revenue due to AI innovation investments.

Price Action

Post-earnings, AMPL shares edged down 1.34% in the latest trading day but gained 1.64% over the past week. Month-to-date, the stock fell 1.59%, reflecting mixed investor sentiment.

Post-Earnings Price Action Review

A strategy of purchasing AMPL shares on earnings announcement days and holding for 30 days has historically outperformed the S&P 500 by 10.6 percentage points, with a 24.8% cumulative return over three years. This suggests short-term momentum post-earnings, though current volatility underscores the need for cautious positioning.

CEO Commentary

CEO Spenser Skates emphasized AI-driven product innovation, including AI agents and Web Experimentation, as key differentiators. CFO Andrew Casey highlighted disciplined execution, noting a 37% increase in Remaining Performance Obligations (RPO) and a 22-month average contract duration. Leadership remains optimistic about AI monetization and enterprise scalability.

Guidance

Amplitude raised Q4 2025 revenue guidance to $89.0–$91.0 million and full-year revenue to $340.8–$342.8 million. Non-GAAP operating income is projected at $3.5–$5.5 million for Q4, with full-year net income per share expected between $0.06 and $0.08. GAAP figures were omitted due to unpredictable stock-based compensation adjustments.

Additional News

Amplitude announced strategic AI acquisitions, having acquired four AI companies in the past year to bolster its analytics platform. The company also reorganized product development teams twice to accelerate AI-native product launches, including MCP server and AI Feedback. These moves aim to expand market reach and simplify analytics for non-technical users.

Amplitude’s focus on AI integration and enterprise growth reflects a long-term strategy to leverage emerging technologies for competitive advantage. While short-term losses persist, the company’s emphasis on multi-product adoption and contract durability signals confidence in future scalability. Investors should monitor R&D efficiency and AI monetization progress in upcoming quarters.