Amplitude, Inc. Q1 FY2026 earnings call

Changes in go-to-market leadership, with Nate Crook as chief commercial officer overseeing sales, etc. Restructured customer success and marketing. Hired Gab Menachem as Chief Product Officer. Ran AI Week, shipped hundreds of demos. Announced partnership with Stats Inc., taking on Statsig's brand and customers. Showcased demos like agent analytics, AI Assistant, CLI wizard. Highlighted customers like Granola, Smartsheet, Astrotech

Q1 revenue was $94 million, up 17% year over year. Annual recurring revenue was $374 million, up 17% year over year and up $9 million from last quarter. Non-GAAP operating loss was 3.1 million. Customers with more than 100K in ARR grew to 727, an increase of 18% year-over-year. Dollar-based net expansion improved sequentially to 106%. Multi-product accounts for more than 77% of ARR, with 47% of customers having multiple products

Q2 2026 revenue expected between $96.9 and $99.1 million, annual growth 18% midpoint. Non-GAAP operating income between negative $3.6M and negative $1.6M. Non-GAAP net income per share between negative $0.02 and negative $0.01. Full year 2026 revenue expected between $397 and $403 million, annual growth 17% midpoint. Includes $5 to $7M contribution from Statsig business. Non-GAAP operating income between $2.5M and $6.5M. Non-GAAP net income per share between $0.03 and $0.06

Risks associated with forward-looking statements, including uncertainties in actual results differing from projections. Impact of AI adoption on gross margin due to inference costs. Integration risks related to acquiring Statsig business

Includes multiple questions and answers from analysts about topics like Statsig partnership, pricing model progression, AI usage impact, go-to-market changes, etc.