Last 21 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -10.90 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.63 | 4.24 | 3.98 | 4.89 | 4.13 | 4.31 | 3.71 | 3.72 | 4.53 | 5.31 | 4.83 | 4.71 | 5.35 |
| — | -1.8% | +7.2% | +31.4% | -8.7% | -18.8% | -23.2% | -21.0% | -15.4% | +1.5% | -31.3% | -30.9% | -43.8% | |
| P/B Ratio | 3.93 | 6.31 | 5.37 | 5.83 | 4.57 | 4.55 | 3.85 | 3.80 | 4.55 | 5.15 | 4.68 | 4.42 | 4.89 |
| — | +38.9% | +39.7% | +53.4% | +0.4% | -11.7% | -17.8% | -14.1% | -7.0% | +11.1% | -20.3% | -16.9% | -26.7% | |
| P/FCF | 7.67 | 30.62 | 105.03 | 22.41 | — | 220.67 | 61.98 | 39.89 | — | 255.87 | 45.54 | 16.54 | — |
| — | -86.1% | +69.4% | -43.8% | — | -13.8% | +36.1% | +141.1% | — | — | — | -66.0% | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Amplitude, Inc.'s operating margin was -20.8% in Q4 2025, up 8.1 pp QoQ and up 24.6 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of -28.2% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.0% | 74.6% | 73.9% | 72.6% | 74.7% | 74.7% | 75.1% | 73.4% | 74.0% | 74.4% | 75.5% | 74.6% | 71.1% |
| — | -0.0% | -1.5% | -1.1% | +1.0% | +0.3% | -0.6% | -1.6% | +4.0% | +5.5% | +6.9% | +5.7% | +2.0% | |
| Operating Margin | -28.0% | -20.8% | -29.0% | -32.5% | -30.3% | -45.4% | -26.6% | -37.1% | -34.0% | -30.2% | — | -33.5% | -43.9% |
| — | +54.1% | -8.9% | +12.2% | +11.0% | -50.3% | — | -10.7% | +22.5% | +23.5% | — | +20.8% | -5.9% | |
| Net Margin | -25.8% | -19.3% | -27.1% | -29.6% | -27.8% | -41.7% | -22.4% | -31.9% | -29.5% | -26.0% | -25.1% | -41.0% | -39.6% |
| — | +53.7% | -20.9% | +7.3% | +5.9% | -60.6% | +10.8% | +22.0% | +25.4% | +29.5% | +31.3% | +3.1% | +5.5% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -32.7% | -7.0% | -8.9% | -8.7% | -7.6% | -11.1% | -5.8% | -8.1% | -7.3% | -6.3% | -6.1% | -9.6% | -9.0% |
| — | +37.4% | -51.7% | -6.8% | -3.2% | -75.7% | +4.5% | +15.1% | +18.1% | +22.4% | +19.6% | -17.0% | -23.1% | |
| ROA | -20.4% | -4.1% | -5.4% | -5.5% | -5.0% | -7.3% | -3.8% | -5.3% | -4.9% | -4.2% | -4.1% | -6.6% | -6.4% |
| — | +43.8% | -41.7% | -3.1% | -1.3% | -72.5% | +6.6% | +19.1% | +22.7% | +25.8% | +23.2% | -12.1% | -16.8% | |
| ROIC | -47.8% | -8.1% | -11.0% | -12.4% | -12.3% | -49.5% | — | -98.2% | -43.6% | -27.8% | — | -22.5% | -25.0% |
| — | +83.7% | — | +87.4% | +71.7% | -77.7% | — | -335.8% | -74.5% | -5.7% | — | +89.9% | +88.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 25.9% YoY to 1.56x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 |
| — | +49.0% | -9.1% | -15.8% | -24.0% | -32.1% | -47.7% | -33.6% | -32.1% | -26.2% | -22.3% | -26.6% | -18.9% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.56 | 1.56 | 1.56 | 1.67 | 1.89 | 2.10 | 2.55 | 2.52 | 2.68 | 2.87 | 2.71 | 2.56 | 2.90 |
| — | -25.9% | -38.9% | -33.7% | -29.3% | -26.8% | -6.0% | -1.3% | -7.7% | +10.2% | +8.3% | -17.7% | -18.3% | |
| Quick Ratio | 1.56 | 1.56 | 1.56 | 1.67 | 1.89 | 2.10 | 2.55 | 2.52 | 2.68 | 2.87 | 2.71 | 2.56 | 2.90 |
| — | -25.9% | -38.9% | -33.7% | -29.3% | -26.8% | -6.0% | -1.3% | -7.7% | +10.2% | +8.3% | -17.7% | -18.3% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonAmplitude, Inc.'s current P/E is -10.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Amplitude, Inc.'s current operating margin is -28.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Amplitude, Inc.'s business trajectory between earnings reports.