Amplitude Q4 2021 Earnings Report
Key Takeaways
Amplitude's Q4 2021 revenue reached $49.4 million, a 64% increase year-over-year, marking a strong finish to a breakthrough year driven by the increasing importance of digital products for businesses.
Q4 revenue was $49.4M, up 64% year-over-year.
Fiscal year 2021 revenue was $167.3M, up 63% year-over-year.
Current Remaining Performance Obligations reached $137.3M, up 60% year-over-year.
Number of paying customers grew 54% year-over-year to 1,597.
Amplitude
Amplitude
Forward Guidance
For the first quarter of 2022, Amplitude expects revenue between $50 and $51 million, with a non-GAAP operating margin of -22% to -20% and a non-GAAP net loss per share between $(0.10) and $(0.09). For the full year 2022, the company expects revenue between $226 and $234 million, with a non-GAAP operating margin of -22% to -20% and a non-GAAP net loss per share between $(0.44) and $(0.42).
Positive Outlook
- Revenue $50 - $51 million for Q1 2022
- Revenue $226 - $234 million for FY 2022
Challenges Ahead
- Non-GAAP Operating Margin (22%) - (20%) for Q1 2022
- Non-GAAP Net Loss Per Share $(0.10) - $(0.09) for Q1 2022
- Non-GAAP Operating Margin (22%) - (20%) for FY 2022
- Non-GAAP Net Loss Per Share $(0.44) - $(0.42) for FY 2022