AMPL

Technology

Amplitude, Inc. · Software - Application · $890M

UQS Score — Balanced Preset
36.5
Below Average

Amplitude, Inc. scores 36.5/100 using the Balanced preset.

UQS vs Technology Sector
AMPL
36.5
Sector avg
38.0
Quality
Weak
Moat
Weak
Growth
Neutral
Risk
Neutral
Valuation
Neutral

What is Amplitude, Inc.?

Amplitude, Inc. is a San Francisco-based software company that helps businesses understand how users interact with their digital products. Its platform turns behavioral data into actionable insights delivered through a subscription model.

Amplitude operates a digital optimization platform built around behavioral analytics. Companies use it to track, analyze, and act on how customers engage with apps and websites. Revenue comes primarily from SaaS subscriptions, with additional income from implementation support and training services. The platform connects product, data, and engineering teams around a shared view of user behavior, enabling faster decisions on feature releases, personalization, and growth experiments.

Amplitude was incorporated in 2011 and is headquartered in San Francisco, California.

  • Amplitude Analytics — behavioral insights across digital products
  • Amplitude Recommend — no-code personalization engine
  • Amplitude Experiment — A/B testing and feature-release management
  • Amplitude Behavioral Graph — real-time proprietary behavioral database
  • Data Management — identity resolution and enterprise data integration

Is AMPL a Good Stock to Buy?

UQS Score rates AMPL as Below Average overall.

Among the five pillars, Growth and Risk both land at Neutral, suggesting the business is neither accelerating sharply nor facing acute near-term financial stress. Valuation is also Neutral, meaning the market is not pricing in extreme expectations relative to fundamentals.

Quality and Moat are both rated Weak — the two pillars that matter most for long-term compounding. This signals limited competitive insulation and below-average business economics at this stage.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does AMPL pay dividends?

No — Amplitude, Inc. does not currently pay a dividend.

Amplitude does not currently pay a dividend. As an early-stage SaaS company, it reinvests available resources into product development, customer acquisition, and platform expansion rather than returning cash to shareholders. Income-focused investors should note this, while growth-oriented investors may view reinvestment as consistent with the company's stage.

When does AMPL report earnings?

Amplitude reports earnings on a quarterly cadence, typical for US-listed equities.

The company's Growth pillar sits at Neutral, reflecting a revenue trajectory that is neither strongly accelerating nor declining. Profitability metrics remain a work in progress, consistent with the Weak Quality pillar rating.

For the most recent quarter's results and forward guidance, visit Amplitude's investor relations page directly.

AMPL Price History

-87.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Amplitude, Inc.?

$
Today it would be worth
$8,557
That's a -14.4% total return, or -14.4% annualized.

Based on Amplitude, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

AMPL Long-term Outlook

Amplitude's fundamental outlook is mixed. A Neutral Growth rating points to a business that is expanding, but not at a pace that clearly justifies premium positioning. The Neutral Risk rating suggests no immediate balance-sheet alarm, yet the Weak Quality and Moat ratings indicate the company has not yet built the durable economics that typically support sustained outperformance. Execution on product differentiation and customer retention will be key variables to watch.

Growth drivers

  • Expansion of the digital analytics market as more companies invest in product-led growth
  • Cross-sell opportunities across analytics, experimentation, and personalization modules
  • International revenue diversification beyond the US market

Key risks

  • Weak competitive moat leaves Amplitude exposed to better-resourced platform vendors
  • Path to profitability remains uncertain given below-average Quality pillar rating
  • Neutral Valuation offers limited margin of safety if growth disappoints

AMPL vs Peers

Amplitude operates in a competitive analytics and digital optimization landscape alongside a range of software and data-services companies.

ENGH.TOAMPL scores lower
Enghouse Systems Limited

Enghouse focuses on vertical-market enterprise software through acquisitions, contrasting with Amplitude's organic, product-analytics-first SaaS model.

PRCHSimilar UQS
Porch Group, Inc.

Porch Group targets the home services vertical with data and insurance products, serving a very different end market than Amplitude's digital-product analytics platform.

IBTAAMPL scores higher
Ibotta, Inc.

Ibotta monetizes consumer purchase data through a promotions network, while Amplitude focuses on in-product behavioral analytics for software teams.

Frequently Asked Questions

What does Amplitude do?

Amplitude provides a digital optimization platform that helps companies understand how users behave inside their apps and websites. It offers analytics, personalization, A/B experimentation, and data management tools — all delivered as a cloud subscription service.

Does AMPL pay dividends?

No, Amplitude does not currently pay a dividend. The company reinvests its resources into product development and growth initiatives rather than distributing cash to shareholders, which is common for early-stage SaaS businesses.

When does AMPL report earnings?

Amplitude reports on a standard quarterly cadence. For exact dates and the most recent results, check Amplitude's official investor relations page, as scheduled dates can shift.

Is AMPL a good stock to buy?

UQS Score rates AMPL as Below Average, driven by Weak Quality and Moat pillars. Growth and Risk are Neutral, meaning the business is progressing but has not yet demonstrated the durable economics that typically characterize high-quality investments. The full pillar breakdown is available to Pro members.

Is AMPL overvalued?

Amplitude's Valuation pillar is rated Neutral, suggesting the market is not pricing the stock at an extreme premium or discount relative to its fundamentals. However, a Neutral valuation combined with Weak Quality and Moat ratings means there is limited buffer if execution falters.

How does AMPL compare to its competitors?

Amplitude competes in the broader analytics and software data space. Compared to peers like Enghouse Systems, Porch Group, and Ibotta, Amplitude is more narrowly focused on digital product analytics. Its UQS profile reflects below-average quality relative to what stronger-moat software peers can achieve.

What is AMPL's market cap bracket?

Amplitude is classified as a small-cap company. This places it in a segment of the market that can offer growth potential but typically carries higher volatility and less analyst coverage than large- or mega-cap peers.

Who founded Amplitude?

Amplitude was originally incorporated as Sonalight, Inc. in 2011 before rebranding to Amplitude in December 2014. Founding details, including the names of its founders, are widely available through public sources and the company's own about page.

Is AMPL a long-term quality investment?

As a long-term quality indicator, AMPL's Below Average UQS Score — anchored by Weak Quality and Moat ratings — suggests the company has not yet established the competitive durability that typically supports compounding over time. Investors focused on long-term quality may want to monitor improvements in these pillars before drawing conclusions.

What is the main competitive advantage of Amplitude?

Amplitude's proprietary Behavioral Graph database and its integrated suite of analytics, experimentation, and personalization tools create some switching costs for product teams embedded in its workflow. However, the UQS Moat pillar is currently rated Weak, indicating these advantages have not yet translated into a clearly defensible competitive position.

What sector does AMPL belong to?

Amplitude operates in the Technology sector, specifically within the software-as-a-service segment focused on product analytics and digital optimization. You can explore other [top Technology stocks](/sector/technology) rated by UQS Score for broader sector context.

Is AMPL a growth stock or value stock?

Based on its UQS profile, Amplitude leans toward the growth category — it does not pay dividends and reinvests in expansion. However, with a Neutral Growth rating and Neutral Valuation, it does not currently exhibit the high-velocity growth profile that defines the strongest growth stocks in the sector.

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Pro Analysis

AMPL — Score History

2530354045Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 30/33 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202636.520.823.048.547.857.8-0.2
May 22, 202636.721.323.048.547.858.40.0
May 21, 202636.721.323.048.547.858.7-0.1
May 20, 202636.821.323.048.547.859.00.0
May 19, 202636.821.323.048.547.859.3-0.2
May 15, 202637.021.323.048.547.860.2-0.1
May 14, 202637.121.323.048.547.860.8+0.2
May 13, 202636.921.023.048.547.859.9+0.2
May 11, 202636.721.023.048.247.859.2+4.2
May 10, 202632.55.223.048.247.857.3-4.2

AMPL — Pillar Breakdown

Quality

20.8/100 (25%)

Amplitude, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

48.5/100 (20%)

Amplitude, Inc. shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookModerate

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

47.8/100 (15%)

Amplitude, Inc. has some risk factors including moderate leverage or solvency concerns.

Financial LeverageModerate

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

57.8/100 (15%)

Amplitude, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldWeak

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowModerate

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

Moat

23/100 (25%)

Amplitude, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for AMPL.

Score Composition

Quality
20.8×25%5.2
Growth
48.5×20%9.7
Risk
47.8×15%7.2
Valuation
57.8×15%8.7
Moat
23.0×25%5.8
Total
36.5Below Average

Financial Data

More Stock Analysis

How is the AMPL UQS Score Calculated?

The UQS (Unified Quality Score) for Amplitude, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Amplitude, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Amplitude, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.