Amplitude's second quarter revenue grew 21% to $100.9M, beating estimates, while ARR increased 22%.

Amplitude reported second quarter revenue of $100.9 million, an increase of 21% year-over-year and ahead of analyst estimates. The company's GAAP Loss Per Share of $0.27 was wider than the expected $0.18 loss. Key growth metrics remained strong, with Annual Recurring Revenue (ARR) up 22% and Remaining Performance Obligations (RPO) growing 35%.

Key Highlights

• Second quarter revenue increased 21% year-over-year to $100.9 million.
• Annual Recurring Revenue (ARR) grew 22% year-over-year to $410 million.
• The number of customers with $100,000 or greater in ARR grew 30% year-over-year to 824.
• Remaining Performance Obligations (RPO) rose 35% year-over-year to $483 million.