10-K · February 26, 2026
AvePoint’s 2025 results show accelerating SaaS-led growth with total revenue of $419.5 million (up 27% YoY) and SaaS revenue of $319.2 million (up 38% YoY). The company serves more than 28,000 customers across 100+…
Earnings analysis · 10-Q
AVPT earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
AvePoint's Q1 2026 results indicate significant performance improvements with total revenue reaching $117.2 million, a 26% increase year-over-year, alongside EPS of $0.07, meeting consensus estimates. The growth was…
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AvePoint's Q1 2026 results indicate significant performance improvements with total revenue reaching $117.2 million, a 26% increase year-over-year, alongside EPS of $0.07, meeting consensus estimates. The growth was driven primarily by a 35.5% rise in SaaS revenue. Management also raised full-year revenue guidance based on this strong performance, aligning expectations with ambitious growth targets.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.07
What stood out
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Total Revenue Growth Exceeds Estimates
Total revenue increased by 26% year-over-year to $117.2 million, surpassing the estimate of $116.2 million.
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SaaS Revenue Shows Robust Growth
SaaS revenue surged by 35.5% year-over-year, amounting to $93.4 million.
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Improved Operating Margin
GAAP operating margin improved to 10.9%, up from 3.5% in the prior year.
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Annual Recurring Revenue (ARR) Growth
ARR rose 26% year-over-year to $435.2 million.
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Cash Position Remains Strong
As of March 31, 2026, cash and cash equivalents stood at $444.1 million with no outstanding debt.
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Free Cash Flow Positive
Operating cash flow was strong at $24.3 million for Q1 2026.
What to watch
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Currency Fluctuation Risk
A hypothetical 10% increase in USD against other currencies could decrease income from operations by approximately $2.1 million.
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Dependence on SaaS Growth
Term license and support revenue decreased by 29.3% year-over-year, indicating potential vulnerability if SaaS growth slows.
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Ongoing Competitive Pressures
The highly competitive cloud market requires continuous investment, which may endanger profit margins.
Management's outlook
Full-year revenue guidance raised based on strong Q1 2026 performance.
Earlier filings 4
10-Q · November 6, 2025
AvePoint reported Q3 revenue of $109.728M (up $20.924M vs. Q3 2024) with SaaS strength but declines in term license and maintenance. GAAP diluted EPS improved to $0.06 from $0.01 a year ago and the company generated…
10-Q · August 7, 2025
AvePoint reported Q2 revenue of $102,018,000, up 30.9% year-over-year and 9.6% sequentially, with gross margin essentially flat at ~74.0% and operating income of $7,094,000 (vs a $2,138,000 loss in Q2 2024). GAAP…
10-Q · May 8, 2025
AvePoint reported Q1 revenue of $93,064,000, up $18,530,000 (24.9%) versus $74,534,000 in Q1 2024, driven by SaaS growth. The company produced GAAP net income of $3,566,000 (diluted EPS $0.02) and positive operating…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.