Annual Recurring Revenue was $347 million, up 16% year-over-year
Remaining performance obligations of $391.9 million, up 37% year-over-year
Third quarter revenue of $88.6 million, up 18% year-over-year
Third quarter Cash Flow from Operations of $5.0 million and Free Cash Flow of $3.4 million

Amplitude, Inc. (NASDAQ:AMPL), the leading digital analytics platform, today announced financial results for its third quarter ended September 30, 2025.

"AI is changing how software gets built," said Spenser Skates, CEO and co-founder of Amplitude. "Our AI analytics platform helps companies understand how people engage in their product: what they like, where they get stuck, and what keeps them coming back. We are all in."

"We continue to execute our strategy of growing our enterprise customer base, expanding multi-product attach with our customers, and growing with additional leverage in our business model," said Andrew Casey, CFO of Amplitude. "This has only occurred through our employees' focused execution and our relentless drive towards creating value for our customers."

Third Quarter 2025 Financial Highlights:

(in millions, except per share and percentage amounts)

	Third Quarter 2025	Third Quarter 2024	Y/Y Change
Annual Recurring Revenue	$347	$298	16%
Revenue	$88.6	$75.2	18%
GAAP Loss from Operations	$(25.7)	$(20.0)	$(5.7)
Non-GAAP Income from Operations	$0.6	$1.6	$(1.0)
GAAP Net Loss Per Share, Basic and Diluted	$(0.18)	$(0.14)	$(0.04)
Non-GAAP Net Income Per Share, Diluted	$0.02	$0.03	$(0.01)
Net Cash Provided by Operating Activities	$5.0	$6.2	$(1.2)
Free Cash Flow	$3.4	$4.5	$(1.1)

Non-GAAP income (loss) from operations and non-GAAP net income (loss) per share exclude expenses related to stock-based compensation expense and related employer payroll taxes and amortization of acquired intangible assets. Stock-based compensation expense and the related employer payroll taxes were $25.7 million in the third quarter of 2025 compared to $21.5 million in the third quarter of 2024. Free cash flow is GAAP net cash provided by operating activities, less cash used for purchases of property and equipment and capitalized internal-use software costs. The section titled "Non-GAAP Financial Measures" below contains a description of the non-GAAP financial measures. Reconciliations of historical GAAP to non-GAAP information are presented in the accompanying tables.

Third Quarter and Recent Business Highlights:

Released Web Experimentation empowering marketers to test and experiment at scale 3x faster on their own, without developers' oversight.
Announced AI Visibility, a new capability that gives marketers unprecedented insight into how their brand shows up in AI search results, accompanied by recommendations on how to improve it based on a company's actual data.
Released Amplitude Model Context Protocol (MCP), a remote server that enables the seamless flow of Amplitude's behavioral insights directly into AI tools and workflows through the MCP. Also, announced the open beta of AI Agents.
Announced an agent-to-agent integration with GitHub for enterprise product and engineering teams.
Annual Recurring Revenue was $347 million, an increase of 16% year-over-year and an increase of $12 million compared to the second quarter of 2025.
GAAP Net Loss per share was $(0.18), based on 133.0 million shares, compared to a loss of $(0.14) per share, based on 124.3 million shares, in the third quarter of 2024.
Non-GAAP Net Income per share was $0.02, based on 143.2 million diluted shares, compared to $0.03 per share, based on 131.3 million diluted shares, in the third quarter of 2024.
Cash Flow from Operations was $5.0 million, a $1.2 million decrease year-over-year.
Free Cash Flow was $3.4 million, a $1.1 million decrease year-over-year.
The number of customers with $100,000 or greater in ARR increased to 653, or 15% year-over-year growth.

Financial Outlook:

The fourth quarter and full year 2025 outlook information provided below is based on Amplitude's current estimates and is not a guarantee of future performance. These statements are forward-looking and actual results may differ materially. Refer to the "Forward-Looking Statements" section below for information on the factors that could cause Amplitude's actual results to differ materially from these forward-looking statements.

For the fourth quarter and full year 2025, the Company expects:

	Fourth Quarter 2025	Full Year 2025
Revenue	$89.0 - $91.0 million	$340.8 - $342.8 million
Non-GAAP Operating Income	$3.5 - $5.5 million	$0.5 - $2.5 million
Non-GAAP Net Income Per Share	$0.04 - $0.05	$0.06 - $0.08
Weighted Average Shares Outstanding	142.6 million, diluted	142.0 million, diluted

An outlook for GAAP income (loss) from operations, GAAP net income (loss), GAAP net income (loss) per share and a reconciliation of expected non-GAAP income (loss) from operations to GAAP income (loss) from operations, expected non-GAAP net income (loss) to GAAP net income (loss), and expected non-GAAP net income (loss) per share to GAAP net income (loss) per share have not been provided as the quantification of certain items included in the calculation of GAAP income (loss) from operations, GAAP net income (loss) and GAAP net income (loss) per share cannot be reasonably calculated or predicted at this time without unreasonable efforts. For example, 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, and the non-GAAP adjustment for amortization of acquired intangible assets depends on the timing and value of intangible assets acquired that cannot be accurately forecasted.

Conference Call Information:

Amplitude will host a live video webcast to discuss its financial results for its third quarter ended September 30, 2025, as well as the financial outlook for its fourth quarter and full year 2025 today at 2:00 PM Pacific Time / 5:00 PM Eastern Time. Interested parties may access the webcast, earnings press release, and investor presentation on the events section of Amplitude's investor relations website at investors.amplitude.com. A replay will be available in the same location a few hours after the conclusion of the live webcast.

Forward-Looking Statements:

This press release contains express and implied "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial outlook for the fourth quarter and full year 2025, the opportunity for the use of AI to drive value for the Company going forward, the Company's growth strategy and business aspirations and its market position and market opportunity. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "projection," "would," and "outlook," or the negative version of those words or phrases or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not statements of historical fact, and are based on current expectations, estimates, and projections about the Company's industry as well as certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company's control. These statements are subject to numerous uncertainties and risks that could cause actual results, performance, or achievement to differ materially and adversely from those anticipated or implied in the statements, including risks related to: the Company's limited operating history and rapid growth over the last several years, which makes it difficult to forecast the Company's future results of operations; the Company's history of losses; any decline in the Company's customer retention or expansion of its commercial relationships with existing customers or an inability to attract new customers; expected fluctuations in the Company's financial results, making it difficult to project future results; the Company's focus on sales to larger organizations and potentially increased dependency on those relationships, which may increase the variability of the Company's sales cycles and results of operations; downturns or upturns in new sales, which may not be immediately reflected in the Company's results of operations and may be difficult to discern; unfavorable conditions in the Company's industry or the global economy, including as a result of the imposition of tariffs or other trade protection measures, or reductions in information technology spending, which could limit the Company's ability to grow its business; the market for SaaS applications, which may develop more slowly than the Company expects or decline; the Company's intellectual property rights, which may not protect its business or provide the Company with a competitive advantage; and evolving privacy and other data-related laws; and the impact of sanctions related to Russia on the Company's ability to collect receivables. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are or will be included under the caption "Risk Factors" and elsewhere in the reports and other documents that the Company files with the Securities and Exchange Commission from time to time, including the Company's Quarterly Report on Form 10-Q being filed at or around the date hereof. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. The Company undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

Non-GAAP Financial Measures:

This press release includes financial information that has not been prepared in accordance with GAAP. The Company uses non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating the Company's ongoing operational performance. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company's financial results with other companies in the industry, many of which present similar non-GAAP financial measures to investors. There are a number of limitations related to the use of non-GAAP financial measures versus comparable financial measures determined under GAAP. For example, other companies in the Company's industry may calculate these non-GAAP financial measures differently or may use other measures to evaluate their performance. In addition, free cash flow does not reflect the Company's future contractual commitments and the total increase or decrease of its cash balance for a given period.

Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. A reconciliation of the Company's non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures below.

Non-GAAP Gross Profit, Non-GAAP Gross Margin, Non-GAAP Operating Expenses, Non-GAAP Income (Loss) from Operations, Non-GAAP Operating Margin, Non-GAAP Net Income (Loss), and Non-GAAP Net Income (Loss) per Share:

The Company defines these non-GAAP financial measures as their respective GAAP measures, excluding expenses related to stock-based compensation expense and related employer payroll taxes, amortization of acquired intangible assets, and non-recurring costs such as restructuring and other related charges. The Company excludes stock-based compensation expense and related employer payroll taxes, which is a non-cash expense, from certain of its non-GAAP financial measures because it believes that excluding this item provides meaningful supplemental information regarding operational performance. The Company excludes amortization of intangible assets, which is a non-cash expense, related to business combinations from certain of its non-GAAP financial measures because such expenses are related to business combinations and have no direct correlation to the operation of the Company's business. Although the Company excludes these expenses from certain non-GAAP financial measures, the revenue from acquired companies subsequent to the date of acquisition is reflected in these measures and the acquired intangible assets contribute to the Company's revenue generation. The Company excludes non-recurring costs from certain of its non-GAAP financial measures because such expenses do not repeat period-over-period and are not reflective of the ongoing operation of the Company's business.

The Company uses non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income (loss) from operations, non-GAAP operating margin, non-GAAP net income (loss), and non-GAAP net income (loss) per share in conjunction with its traditional GAAP measures to evaluate the Company's financial performance. The Company believes that these measures provide its management, board of directors, and investors consistency and comparability with its past financial performance and facilitate period-to-period comparisons of operations.

Free Cash Flow and Free Cash Flow Margin:

The Company defines free cash flow as net cash provided by (used in) operating activities, less cash used for purchases of property and equipment and capitalized internal-use software costs. Free cash flow margin is calculated as free cash flow divided by total revenue. The Company believes that free cash flow and free cash flow margin are useful indicators of liquidity that provide its management, board of directors, and investors with information about its future ability to generate or use cash to enhance the strength of its balance sheet and further invest in its business and pursue potential strategic initiatives.

Definitions of Business Metrics:

Annual Recurring Revenue

The Company defines Annual Recurring Revenue ("ARR") as the annual recurring revenue of subscription agreements at a point in time based on the terms of customers' contracts, including certain premium services that are subject to contractual subscription terms and Plus customers that we expect to recur. ARR should be viewed independently of revenue, and does not represent the Company's GAAP revenue on an annualized basis, as it is an operating metric that can be impacted by contract start and end dates and renewal rates. ARR is also not intended to be a forecast of revenue.

Dollar-Based Net Retention Rate

The Company calculates dollar-based net retention rate as of a period end by starting with the ARR from the cohort of all customers as of 12 months prior to such period-end (the "Prior Period ARR"). The Company then calculates the ARR from these same customers as of the current period-end (the "Current Period ARR"). Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months, but excludes ARR from new customers as well as any overage charges in the current period. The Company then divides the total Current Period ARR by the total Prior Period ARR to arrive at the dollar-based net retention rate ("NRR"). The Company then calculates the average of the trailing 12-month dollar-based net retention rates, to arrive at the dollar-based net retention rate ("NRR (TTM)").

About Amplitude:

Amplitude is the leading digital analytics platform that helps companies unlock the power of their products. Over 4,500 customers, including Atlassian, NBCUniversal, Under Armour, Square, and Jersey Mike's, rely on Amplitude to gain self-service visibility into the entire customer journey. Amplitude guides companies every step of the way as they capture data they can trust, uncover clear insights about customer behavior, and take faster action. When teams understand how people are using their products, they can deliver better product experiences that drive growth. Amplitude is the best-in-class analytics solution for product, data, and marketing teams, ranked #1 in multiple categories in G2's Fall 2025 Report. Learn how to optimize your digital products and business at amplitude.com.


AMPLITUDE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

	September 30, 2025			December 31, 2024
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	82,217		$	171,678
Restricted cash, current		891			881
Marketable securities, current		106,983			69,419
Accounts receivable, net		34,790			26,346
Prepaid expenses and other current assets		23,641			20,353
Deferred commissions, current		17,255			14,954
Total current assets		265,777			303,631
Marketable securities, noncurrent		78,150			57,242
Property and equipment, net		17,786			16,333
Intangible assets, net		6,822			4,364
Goodwill		25,181			24,370
Deferred commissions, noncurrent		32,382			27,697
Operating lease right-of-use assets		3,976			5,286
Other noncurrent assets		8,050			6,988
Total assets	$	438,124		$	445,911
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	5,528		$	991
Accrued expenses		33,729			33,851
Deferred revenue		131,534			109,671
Total current liabilities		170,791			144,513
Operating lease liabilities, noncurrent		1,767			1,772
Noncurrent liabilities		3,338			3,070
Total liabilities		175,896			149,355
Stockholders' equity:
Common stock		1			1
Additional paid-in capital		790,433			754,398
Accumulated other comprehensive income		528			6
Accumulated deficit		(528,734	)		(457,849	)
Total stockholders' equity		262,228			296,556
Total liabilities and stockholders' equity	$	438,124		$	445,911

AMPLITUDE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
		2025			2024			2025			2024
Revenue	$	88,564		$	75,217		$	251,788		$	221,141
Cost of revenue (1)		23,074			18,744			66,091			57,118
Gross profit		65,490			56,473			185,697			164,023
Operating expenses:
Research and development (1)	$	26,612		$	19,037		$	74,239		$	63,135
Sales and marketing (1)		48,306			40,863			139,407			125,824
General and administrative (1)		16,222			16,586			48,994			46,942
Total operating expenses		91,140			76,486			262,640			235,901
Loss from operations		(25,650	)		(20,013	)		(76,943	)		(71,878	)
Other income (expense), net		2,590			3,901			8,317			11,522
Loss before provision for income taxes		(23,060	)		(16,112	)		(68,626	)		(60,356	)
Provision for income taxes		926			742			2,259			1,373
Net loss	$	(23,986	)	$	(16,854	)	$	(70,885	)	$	(61,729	)
Net loss per share
Basic and diluted	$	(0.18	)	$	(0.14	)	$	(0.54	)	$	(0.50	)
Weighted-average shares used in calculating net loss per share:
Basic and diluted		132,997			124,324			131,364			122,601

(1) Amounts include stock-based compensation expense as follows:
	Three Months Ended September 30,						Nine Months Ended September 30,
		2025			2024			2025			2024
Cost of revenue	$	1,405		$	1,559		$	4,141		$	4,581
Research and development		9,131			6,994			25,294			24,105
Sales and marketing		10,034			8,333			27,593			23,851
General and administrative		4,546			4,226			13,190			12,377
Total stock-based compensation expense	$	25,116		$	21,112		$	70,218		$	64,914

AMPLITUDE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Cash flows from operating activities:
Net loss	$	(23,986	)	$	(16,854	)	$	(70,885	)	$	(61,729	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation and amortization		2,469			1,375			7,128			4,137
Stock-based compensation expense		25,116			21,112			70,218			64,914
Other		541			656			1,146			(33	)
Non-cash operating lease costs		999			982			3,332			2,947
Changes in operating assets and liabilities:
Accounts receivable		1,792			4,862			(8,533	)		(703	)
Prepaid expenses and other current assets		1,000			(2,170	)		(2,635	)		(7,235	)
Deferred commissions		(2,261	)		(2,346	)		(6,986	)		(2,217	)
Other noncurrent assets		774			1,320			(1,062	)		(3,631	)
Accounts payable		3,593			402			4,538			(307	)
Accrued expenses		1,166			7,810			2,936			10,593
Deferred revenue		(5,125	)		(9,532	)		21,863			12,333
Operating lease liabilities		(1,121	)		(1,447	)		(4,071	)		(3,719	)
Net cash provided by (used in) operating activities		4,957			6,170			16,989			15,350
Cash flows provided by (used in) investing activities:
Cash received from maturities of marketable securities		18,275			33,750			41,283			91,250
Purchase of marketable securities		(35,807	)		—			(100,320	)		(18,352	)
Purchase of property and equipment		(459	)		(16	)		(1,436	)		(979	)
Capitalization of internal-use software costs		(1,146	)		(1,656	)		(3,259	)		(4,170	)
Cash paid for acquisitions, net of cash acquired		(2,694	)		—			(3,094	)		—
Net cash provided by (used in) investing activities		(21,831	)		32,078			(66,826	)		67,749
Cash flows provided by (used in) financing activities:
Proceeds from the exercise of stock options		1,875			2,346			3,995			5,603
Cash received for tax withholding obligations on equity award settlements		1,523			1,940			3,203			4,223
Cash paid for tax withholding obligations on equity award settlements		(12,216	)		(7,422	)		(32,530	)		(23,959	)
Repurchase of common stock		(11,744	)		—			(14,282	)		—
Net cash provided by (used in) financing activities		(20,562	)		(3,136	)		(39,614	)		(14,133	)
Net increase (decrease) in cash, cash equivalents, and restricted cash		(37,436	)		35,112			(89,451	)		68,966
Cash, cash equivalents, and restricted cash at beginning of the period		120,544			283,214			172,559			249,360
Cash, cash equivalents, and restricted cash at end of the period	$	83,108		$	318,326		$	83,108		$	318,326

AMPLITUDE, INC.
Reconciliation of GAAP to Non-GAAP Data
(In thousands, except percentages and per share amounts)
(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Reconciliation of gross profit and gross margin
GAAP gross profit	$	65,490		$	56,473		$	185,697		$	164,023
Plus: stock-based compensation expense and related employer payroll taxes		1,405			1,559			4,141			4,581
Plus: amortization of acquired intangible assets		376			—			746			332
Non-GAAP gross profit	$	67,271		$	58,032		$	190,584		$	168,936
GAAP gross margin		73.9	%		75.1	%		73.8	%		74.2	%
Non-GAAP adjustments		2.0	%		2.1	%		1.9	%		2.2	%
Non-GAAP gross margin		76.0	%		77.2	%		75.7	%		76.4	%
Reconciliation of operating expenses
GAAP research and development	$	26,612		$	19,037		$	74,239		$	63,135
Less: stock-based compensation expense and related employer payroll taxes		(9,409	)		(7,151	)		(26,519	)		(25,165	)
Non-GAAP research and development	$	17,203		$	11,886		$	47,720		$	37,970
GAAP research and development as percentage of revenue		30.0	%		25.3	%		29.5	%		28.5	%
Non-GAAP research and development as percentage of revenue		19.4	%		15.8	%		19.0	%		17.2	%
GAAP sales and marketing	$	48,306		$	40,863		$	139,407		$	125,824
Less: stock-based compensation expense and related employer payroll taxes		(10,247	)		(8,531	)		(28,424	)		(24,621	)
Less: amortization of acquired intangible assets		(98	)		(44	)		(344	)		(131	)
Non-GAAP sales and marketing	$	37,961		$	32,288		$	110,639		$	101,072
GAAP sales and marketing as percentage of revenue		54.5	%		54.3	%		55.4	%		56.9	%
Non-GAAP sales and marketing as percentage of revenue		42.9	%		42.9	%		43.9	%		45.7	%
GAAP general and administrative	$	16,222		$	16,586		$	48,994		$	46,942
Less: stock-based compensation expense and related employer payroll taxes		(4,683	)		(4,295	)		(13,744	)		(12,805	)
Non-GAAP general and administrative	$	11,539		$	12,291		$	35,250		$	34,137
GAAP general and administrative as percentage of revenue		18.3	%		22.1	%		19.5	%		21.2	%
Non-GAAP general and administrative as percentage of revenue		13.0	%		16.3	%		14.0	%		15.4	%
Reconciliation of operating loss and operating margin
GAAP loss from operations	$	(25,650	)	$	(20,013	)	$	(76,943	)	$	(71,878	)
Plus: stock-based compensation expense and related employer payroll taxes		25,744			21,536			72,828			67,172
Plus: amortization of acquired intangible assets		474			44			1,090			463
Non-GAAP income (loss) from operations	$	568		$	1,567		$	(3,025	)	$	(4,243	)
GAAP operating margin		(29.0	)%		(26.6	)%		(30.6	)%		(32.5	)%
Non-GAAP adjustments		29.6	%		28.7	%		29.4	%		30.6	%
Non-GAAP operating margin		0.6	%		2.1	%		(1.2	)%		(1.9	)%
Reconciliation of net income (loss)
GAAP net income (loss)	$	(23,986	)	$	(16,854	)	$	(70,885	)	$	(61,729	)
Plus: stock-based compensation expense and related employer payroll taxes		25,744			21,536			72,828			67,172
Plus: amortization of acquired intangible assets		474			44			1,090			463
Less: income tax effect of non-GAAP adjustments		—			(261	)		—			(419	)
Non-GAAP net income (loss)	$	2,232		$	4,465		$	3,033		$	5,487
Reconciliation of net income (loss) per share
GAAP net income (loss) per share, basic	$	(0.18	)	$	(0.14	)	$	(0.54	)	$	(0.50	)
Non-GAAP adjustments to net income (loss)		0.20			0.17			0.56			0.55
Non-GAAP net income (loss) per share, basic	$	0.02		$	0.04		$	0.02		$	0.04
Non-GAAP net income (loss) per share, diluted	$	0.02		$	0.03		$	0.02		$	0.04
Weighted-average shares used in GAAP and non-GAAP per share calculation, basic		132,997			124,324			131,364			122,601
Weighted-average shares used in GAAP and non-GAAP per share calculation, diluted⁽¹⁾		143,248			131,319			140,961			130,713

Note: Certain figures may not sum due to rounding

(1) For the three and nine months ended September 30, 2025 and September 30, 2024, the weighted average shares used in the GAAP per share calculation excludes 10.3 million, 9.6 million, 7.0 million shares, and 8.1 million shares, respectively, as the effect is anti-dilutive in the period.

AMPLITUDE, INC.
Reconciliation of GAAP Cash Flows from Operations to Free Cash Flow
(In thousands, except percentages)
(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
		2025			2024			2025			2024
Net cash provided by (used in) operating activities	$	4,957		$	6,170		$	16,989		$	15,350
Less:
Purchases of property and equipment		(459	)		(16	)		(1,436	)		(979	)
Capitalization of internal-use software costs		(1,146	)		(1,656	)		(3,259	)		(4,170	)
Free cash flow	$	3,352		$	4,498		$	12,294		$	10,201
Net cash provided by (used in) operating activities margin		5.6	%		8.2	%		6.7	%		6.9	%
Non-GAAP adjustments		(1.8	)%		(2.2	)%		(1.9	)%		(2.3	)%
Free cash flow margin		3.8	%		6.0	%		4.9	%		4.6	%

Note: Certain figures may not sum due to rounding

AMPLITUDE, INC.
Historicals - Key Business Metrics
(In millions, except percentages)
(unaudited)

	June 30, 2024			September 30, 2024			December 31, 2024			March 31, 2025			June 30, 2025			September 30, 2025
Annual Recurring Revenue (ARR)	$	290		$	298		$	312		$	320		$	335		$	347
Dollar-based Net Retention Rate (NRR)		96	%		98	%		100	%		101	%		104	%		104	%
Dollar-based Net Retention Rate (NRR TTM)		98	%		97	%		97	%		98	%		99	%		102	%

View source version on businesswire.com: https://www.businesswire.com/news/home/20251104071541/en/

Investor Relations

John Streppa

ir@amplitude.com

Media Contact

Darah Easton

press@amplitude.com

Amplitude Announces Third Quarter 2025 Financial Results