AvePoint Q4 EPS Soars 350%, Revenue Climbs 29% to $114.7M, Q1 Guided at $115–117M
AvePoint reported Q4 non-GAAP EPS of $0.10, up 350% year over year and 11% above estimates, while revenue climbed 29% to $114.7 million. The company guided Q1 revenue of $115–117 million (25% growth) and full-year 2026 revenue of $509.4–517.4 million (22% growth).
1. Q4 Earnings and Revenue Performance
AvePoint delivered Q4 non-GAAP earnings of $0.10 per share, up 350% year over year and 11% above consensus. Total revenue rose 29% to $114.7 million, driven by a 37.1% increase in SaaS revenue to $88.9 million, with support, services and maintenance contributing the balance.
2. Profitability and Margin Trends
Non-GAAP gross margin narrowed 130 basis points to 74.2%, while operating margin expanded 370 basis points to 19.9%. Research and development expense fell 210 basis points to 10% of revenues, sales and marketing dropped 250 basis points to 31.2%, and administrative costs eased 40 basis points to 13.1%.
3. Cash Position and Cash Flow
Cash and short-term investments totaled $481.1 million at year end, up sequentially from $471.6 million. Operating activities generated $85.3 million and free cash flow reached $81.6 million over the 2025 fiscal year.
4. Outlook for Q1 and Full-Year 2026
For Q1 2026, the company expects revenues of $115 million to $117 million, implying 25% growth at midpoint, and non-GAAP operating income of $19.5 million to $20.5 million. Full-year 2026 guidance includes revenue of $509.4 million to $517.4 million and ARR of $525.1 million to $531.1 million, both projecting double-digit growth.