Amplitude, Inc. Earnings Per Share Disclosure
The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):
|
|
Year Ended December 31, |
|
|||||||||
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Net loss attributable to Class A and Class B common |
|
$ |
(88,541 |
) |
|
$ |
(94,319 |
) |
|
$ |
(90,363 |
) |
Weighted-average shares used in computing net loss per share |
|
|
131,976 |
|
|
|
123,900 |
|
|
|
116,938 |
|
Net loss per share attributable to Class A and Class B common |
|
$ |
(0.67 |
) |
|
$ |
(0.76 |
) |
|
$ |
(0.77 |
) |
The following potential shares of common stock were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented (in thousands):
|
|
As of December 31, |
|
|||||||||
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Equity plan stock options outstanding |
|
|
9,856 |
|
|
|
11,502 |
|
|
|
14,268 |
|
Equity plan stock options early exercised |
|
|
— |
|
|
|
— |
|
|
|
5 |
|
RSUs outstanding |
|
|
14,049 |
|
|
|
13,520 |
|
|
|
11,301 |
|
Restricted shares |
|
|
— |
|
|
|
301 |
|
|
|
— |
|
Shares issuable pursuant to the ESPP |
|
|
617 |
|
|
|
549 |
|
|
|
449 |
|
Total |
|
|
24,522 |
|
|
|
25,872 |
|
|
|
26,023 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 19, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 16, 2023 | |
| 2021 | Feb 17, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.