Amplitude Reports Record Q3 2026 Profitability and 25% Revenue Growth
Amplitude (AMPL) delivered a strong third quarter for fiscal year 2026, reporting revenue of $110.6 million, a 25% increase year-over-year. The company achieved its highest quarterly profitability to date with a non-GAAP operating income of $5.7 million, representing a 5% margin. Growth was largely driven by the enterprise segment and the successful integration of Statsig, which contributed significantly to the $431 million Annual Recurring Revenue (ARR). While revenue and ARR showed robust growth, gross margins compressed to 69.6% from 75.9% in the prior year. Management attributed this decline to increased data ingestion rates and higher inference costs associated with expanding AI capabilities. Despite these costs, Amplitude demonstrated improved operational efficiency, reducing sales and marketing expenses as a percentage of revenue while maintaining strong momentum in multi-product adoption.
Topics: AI costs annual recurring revenue enterprise expansion profitability revenue growth