AvePoint Posts 38% SaaS Growth, $419.5M Revenue, 12.7% Margin
AvePoint's full-year SaaS revenue reached $319.2M, up 38% year-over-year, while total revenue grew 27% to $419.5M and ARR rose 27% to $416.8M. In Q4, revenue climbed 29% to $114.7M with SaaS up 37% to $88.9M, GAAP margin expanded to 12.7%, and cash on hand totaled $481.1M.
1. Fourth Quarter and Full-Year Performance
In the fourth quarter ended December 31, 2025, the company delivered $114.7 million in total revenue, up 29% year-over-year, including $88.9 million in SaaS revenue, up 37%. For the full year 2025, total revenue reached $419.5 million (27% growth) with SaaS revenue of $319.2 million, up 38%, and ARR of $416.8 million, up 27%.
2. Profitability and Cash Position
GAAP operating income climbed to $14.5 million in Q4, driving a 12.7% GAAP operating margin versus 5.4% a year earlier; non-GAAP operating margin expanded to 19.9%. For the full year, GAAP operating margin rose to 7.9% and cash and equivalents totaled $481.1 million as of December 31, 2025.
3. 2026 Outlook and Strategic Initiatives
Management projects Q1 2026 revenue of $115 million–$117 million, implying about 25% year-over-year growth, and plans increased go-to-market investments with non-GAAP operating income guidance of $19.5 million–$20.5 million. The company also launched agentic AI governance features and a global partner program to enhance data protection and security for AI deployments.