Amplitude, Inc. vs Confluent, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsData & Analytics
Data as of Q2 2026
Summary Verdict
AMPL: 2—CFLT: 3wins
Rule of 40
15.2AMPL
26.3CFLT
check_circleCFLT leads
Revenue Growth
22.4%AMPL
21.1%CFLT
check_circleAMPL leads
Gross Margin
72%AMPL
74%CFLT
check_circleCFLT leads
FCF Margin
-7.2%AMPL
5.2%CFLT
check_circleCFLT leads
Operating Margin
-28.1%AMPL
-32.6%CFLT
check_circleAMPL leads
NRR
—AMPL
—CFLT
Metric
Rule of 40Efficiency score
AMPL
15.2
CFLT
26.3check_circle
Revenue GrowthYoY
AMPL
22.4%check_circle
CFLT
21.1%
Gross Margin% of revenue
AMPL
72%
CFLT
74%check_circle
FCF MarginFree cash flow
AMPL
-7.2%
CFLT
5.2%check_circle
Operating MarginGAAP
AMPL
-28.1%check_circle
CFLT
-32.6%
NRRNet retention
AMPL
N/A
CFLT
N/A
EV / RevenueValuation multiple
AMPL
4.7xcheck_circle
CFLT
10.1x
Market CapUSD
AMPL
$1.9B
CFLT
$11.1Bcheck_circle
ARR GrowthYoY
AMPL
N/A
CFLT
N/A
CAC PaybackMonths to recover
AMPL
N/A
CFLT
N/A
insights
Analysis
As of Q2 2026, Amplitude, Inc. trades at 4.7x EV/Revenue versus Confluent, Inc. at 10.1x. On the Rule of 40, Amplitude, Inc. scores 15.2 compared to Confluent, Inc.'s 26.3, placing Confluent, Inc. ahead in operating efficiency. Gross margins stand at Amplitude, Inc. 72% vs Confluent, Inc. 74%.
Sector Context
Both companies operate in the Data & Analytics sector. The median columns above show where each company stands relative to their peers.