AvePoint, Inc. (AVPT) Income Statement
AVPT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAVPT revenue and net income
Where AVPT's revenue goes
2025Each bar shows an amount and its share of revenue. AVPT kept 8.4% of revenue as net income.
AVPT profit margins
AVPT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.9% | +21.8% | +22.6% | — |
| Gross profit | +25.3% | +23.2% | +22.8% | — |
| Operating income | +361.0% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +525.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AVPT quarterly EPS vs estimates
AvePoint beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.03).
AVPT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $419.5M | $330.5M | $271.8M | $232.3M | $191.9M | $151.5M | $116.1M | $107.3M |
| Cost of revenue | $108.8M | $82.5M | $77.5M | $66.3M | $52.7M | $40.3M | $36.4M | $32.0M |
| Gross profit | $310.7M | $248.0M | $194.4M | $166.1M | $139.2M | $111.2M | $79.7M | $75.3M |
| Research & development | $52.6M | $48.7M | $36.3M | $31.4M | $31.8M | $12.2M | $11.1M | $8.2M |
| Sales, general & admin | $225.1M | $192.1M | $173.4M | $175.8M | $159.7M | $113.4M | $86.5M | $69.4M |
| Total operating expenses | $277.7M | $240.8M | $209.7M | $207.1M | $192.7M | $126.7M | $98.7M | $77.6M |
| Operating income | $33.0M | $7.2M | −$15.4M | −$40.4M | −$53.5M | −$15.4M | −$19.0M | −$2.3M |
| Interest income | $4.6M | $166,000 | $26,000 | $72,000 | $102,000 | $41,000 | $56,000 | — |
| Interest expense | — | — | — | $40,000 | $40.0M | $497,000 | $548,000 | $0 |
| Income before taxes | $40.5M | −$24.4M | −$18.6M | −$33.6M | −$32.8M | −$15.9M | −$19.6M | −$2.0M |
| Income taxes | $5.4M | $4.7M | $2.9M | $5.0M | $457,000 | $1.1M | $614,000 | $1.9M |
| Net income | $35.1M | −$29.1M | −$21.7M | −$41.6M | −$35.2M | −$17.0M | −$20.2M | −$3.9M |
| EBITDA | $46.7M | −$19.0M | −$13.9M | −$30.1M | −$31.6M | −$14.4M | −$18.0M | −$809,000 |
| EPS (diluted) | $0.25 | $0.04 | $0.06 | −$0.06 | $0.13 | −$0.74 | $0.02 | — |
| Gross margin | 74.1% | 75.0% | 71.5% | 71.5% | 72.6% | 73.4% | 68.6% | 70.2% |
| Operating margin | 7.9% | 2.2% | −5.6% | −17.4% | −27.9% | −10.2% | −16.4% | −2.1% |
| Net margin | 8.4% | −8.8% | −8.0% | −17.9% | −18.4% | −11.2% | −17.4% | −3.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $124.5M | $117.2M | $114.7M | $109.7M | $102.0M | $93.1M | $89.2M | $88.8M | $78.0M | $74.5M | $74.6M | $72.8M |
| Cost of revenue | $33.5M | $31.9M | $30.3M | $28.1M | $26.5M | $23.9M | $21.9M | $21.2M | $18.9M | $20.4M | $19.6M | $20.2M |
| Gross profit | $91.0M | $85.4M | $84.4M | $81.6M | $75.5M | $69.2M | $67.3M | $67.6M | $59.0M | $54.1M | $55.0M | $52.6M |
| Research & development | $16.6M | $13.8M | $13.0M | $13.9M | $13.0M | $12.7M | $12.9M | $12.8M | $12.5M | $10.5M | $9.4M | $8.6M |
| Sales, general & admin | $64.2M | $58.9M | $21.7M | $56.6M | $55.5M | $53.2M | $49.5M | $47.1M | $48.7M | $46.8M | $44.7M | $44.3M |
| Total operating expenses | $80.8M | $72.6M | $69.9M | $73.5M | $68.4M | $65.9M | $62.4M | $59.9M | $61.2M | $57.3M | $54.1M | $52.9M |
| Operating income | $10.2M | $12.7M | $14.5M | $8.1M | $7.1M | $3.3M | $4.9M | $7.7M | −$2.1M | −$3.2M | $878,000 | −$313,000 |
| Interest income | — | — | $1.1M | $2.4M | $1.4M | — | $50,000 | $45,000 | $37,000 | $34,000 | $817,000 | $232,000 |
| Interest expense | $1.5M | — | — | — | — | $299,000 | — | — | — | — | $1.6M | — |
| Income before taxes | $12.0M | $16.5M | $16.0M | $12.8M | $6.9M | $4.9M | −$18.6M | $3.1M | −$9.1M | $203,000 | −$809,000 | −$1.4M |
| Income taxes | −$15.6M | $1.3M | $323,000 | −$210,000 | $4.0M | $1.3M | −$1.4M | $183,000 | $3.8M | $2.2M | −$5.2M | $2.8M |
| Net income | $27.6M | $15.2M | $15.6M | $13.0M | $2.7M | $3.4M | −$17.2M | $2.6M | −$12.8M | −$1.7M | $4.3M | −$4.2M |
| EBITDA | $15.2M | $18.2M | $17.5M | $14.3M | $8.5M | $6.7M | −$17.2M | $4.5M | −$7.8M | $1.5M | $2.1M | −$199,000 |
| EPS (diluted) | $0.12 | $0.10 | $0.07 | $0.12 | $0.01 | $0.05 | −$0.05 | $0.06 | −$0.01 | $0.04 | $0.06 | $0.03 |
| Gross margin | 73.1% | 72.8% | 73.6% | 74.4% | 74.0% | 74.3% | 75.4% | 76.1% | 75.7% | 72.6% | 73.7% | 72.3% |
| Operating margin | 8.2% | 10.9% | 12.7% | 7.4% | 7.0% | 3.5% | 5.4% | 8.6% | −2.7% | −4.3% | 1.2% | −0.4% |
| Net margin | 22.1% | 13.0% | 13.6% | 11.9% | 2.6% | 3.7% | −19.3% | 3.0% | −16.4% | −2.3% | 5.7% | −5.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AVPT's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AVPT financial results
In fiscal year 2025 (ended December 31, 2025), AvePoint reported revenue of $419.5 million, up 26.9% from the year before. It had net income of $35.1 million, a net profit margin of 8.4%. Diluted earnings per share came to $0.25. Over five years revenue grew at an average rate of 22.6% a year.
See the AVPT stock overview for the latest quote and news, or the AVPT chart for price history and technical indicators.
AVPT income statement FAQ
What is AvePoint's annual revenue?
AvePoint reported total revenue of $419.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 26.9% from $330.5 million the previous year.
Is AvePoint profitable?
Yes. AvePoint reported net income of $35.1 million in fiscal 2025, a net profit margin of 8.4%; its operating margin was 7.9%.
What is AvePoint's gross margin?
AvePoint's gross margin was 74.1% in fiscal 2025: for every $100 of revenue, AvePoint kept $74 after the direct cost of its products and services.
How much does AvePoint spend on research and development?
AvePoint spent $52.6 million on research and development in fiscal 2025, 12.5% of revenue.
How fast is AvePoint growing?
Revenue grew 22.6% a year on average over the last five fiscal years, from $151.5 million to $419.5 million.
What are AvePoint's earnings per share?
AvePoint earned $0.25 per diluted share in fiscal 2025, compared with $0.04 a year earlier.
When will AvePoint report its next earnings?
AvePoint is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does AvePoint's fiscal year end?
AvePoint's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.