Amplitude reported third quarter 2026 revenue of $110.6 million, beating analyst estimates by over 3%, with year-over-year growth accelerating to 25%. The company achieved its highest non-GAAP operating margin in history and generated positive free cash flow, supported by strong demand for its AI-native product suite and integration with Statsig.
Key Highlights
- Enterprise momentum continued with customers paying over $100,000 annually reaching 855, a 31% increase from the prior year.
- Annual Recurring Revenue (ARR) grew to $431 million, up 24% year-over-year, while Remaining Performance Obligations (RPO) rose 27% to $497 million.
- Non-GAAP operating income improved significantly to $5.7 million compared to just $0.6 million in the same period last year.
- Fourth quarter revenue guidance was set at a midpoint of $112 million, implying continued growth as the company monetizes new AI agents and analytics tools.