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A Amplitude Amplitude Announces Second Quarter 2021 Financial Results September 21 , 2021 Revenue of $ 39.3M , up 66 % year over year Current Remaining Performance Obligations of $ 116.9M , up 76 % year over year SAN FRANCISCO- Amplitude , Inc. , a pioneer in digital optimization , today announced financial results for its second quarter ended June 30 , 2021 . " The acceleration of the digital world has put digital products at the center of business . Digital products are driving how businesses operate , go to market and generate revenue , " said Spenser Skates , CEO and co - founder of Amplitude . " As organizations make the shift to product - led growth , they are turning to Amplitude to help drive business outcomes . Great execution combined with strong demand for the Amplitude Digital Optimization System has led to our exceptional second quarter results , highlighted by revenue growth of 66 % year - over - year , and a strong outlook for the year . We believe we are in the very early stages of a large opportunity and that we can help companies of various sizes and digital maturities build great products through data . " Second Quarter 2021 Financial Highlights : ( in millions , except per share data ) Q2 2021 Q2 2020 Y / Y Change Revenue $ 39.3 $ 23.7 66 % Current Remaining Performance Obligations $ 116.9 $ 66.5 76 % GAAP Loss from Operations $ ( 9.7 ) $ ( 11.5 ) $ 1.8 Non - GAAP Loss from Operations $ ( 4.1 ) $ ( 1.9 ) $ ( 2.2 ) GAAP Net Loss Per Share $ ( 0.34 ) $ ( 0.47 ) $ 0.13 Non - GAAP Net Loss Per Share $ ( 0.15 ) $ ( 0.08 ) $ ( 0.07 ) Net Cash used in Operating Activities $ ( 5.1 ) $ ( 7.2 ) $ 2.1 Free Cash Flow $ ( 5.8 ) $ ( 7.7 ) $ 1.9 Non - GAAP loss from operations and non - GAAP net loss per share exclude expenses related to stock - based compensation expense and related employer payroll taxes , amortization of acquired intangible assets , and non - recurring costs , such as direct listing costs . Direct listing costs were $ 2.1 million in Q2'21 and there were no direct listing costs in Q2'20 . The section titled " Non - GAAP Financial Measures " below contains a description of the non - GAAP financial measures and reconciliations