Amplitude Q4 2024 Earnings Report
Key Takeaways
Amplitude reported Q4 revenue of $78.1 million, a 9% year-over-year increase. The company's annual recurring revenue reached $312 million, up 11% year-over-year. Amplitude's platform strategy is resonating with customers, and they're making great progress with enterprises.
Annual Recurring Revenue was $312 million, up 11% year-over-year.
Remaining performance obligations of $308.6 million, up 29% year-over-year.
Fourth quarter revenue was $78.1 million, up 9% year-over-year.
Fourth quarter Cash Flow from Operations was $3.2 million and Free Cash Flow was $1.5 million.
Amplitude
Amplitude
Forward Guidance
For the first quarter and full year 2025, the Company expects: Revenue $78.5 - $80.5 million $324.8 - $330.8 million Non-GAAP Operating Income (Loss) $(5.5) - $(3.5) million $(3.5) - $4.5 million Non-GAAP Net Income (Loss) Per Share, Diluted $(0.03) - $(0.01) $0.05 - $0.10
Positive Outlook
- Revenue $78.5 - $80.5 million
- Revenue $324.8 - $330.8 million
- Non-GAAP Operating Income (Loss) $(5.5) - $(3.5) million
- Non-GAAP Operating Income (Loss) $(3.5) - $4.5 million
- Non-GAAP Net Income (Loss) Per Share, Diluted $0.05 - $0.10
Challenges Ahead
- Non-GAAP Net Income (Loss) Per Share, Diluted $(0.03) - $(0.01)
- Weighted Average Shares Outstanding 130.0 million, basic
- Weighted Average Shares Outstanding 142.1 million, diluted
- an outlook for GAAP income (loss) from operations has not been provided
- the non-GAAP adjustment for stock-based compensation expense requires additional inputs such as the number and value of awards granted that are not currently ascertainable