AvePoint Q4 EPS Soars 350% to $0.10 on 29% Revenue Gain to $114.7M
AvePoint reported Q4 non-GAAP EPS of $0.10, up 350% year over year, and revenue of $114.7 million, a 29% increase that topped estimates. The company forecasts Q1 revenue of $115–117 million (25% growth) and FY26 revenue of $509.4–517.4 million with ARR projected at $525.1–531.1 million.
1. Q4 Earnings and Revenue Performance
AvePoint delivered non-GAAP EPS of $0.10 in Q4 2025, up 350% year over year, and revenue of $114.7 million, a 29% increase that beat consensus. Annual recurring revenue reached $416.8 million, rising 27% on a constant currency basis.
2. Revenue Segment Breakdown
SaaS revenues, representing 77.5% of total revenue, climbed 37.1% to $88.9 million. Term license and support revenues grew 7.4% to $10.1 million, services revenues increased 19.8% to $14.7 million, while maintenance revenues declined 63.4% to $1 million.
3. Margin Expansion and Expense Management
Gross margin contracted by 130 basis points to 74.2%, but operating margin expanded by 370 basis points to 19.9% due to reduced R&D expenses (down 210 basis points to 10%) and lower sales and marketing costs (down 250 basis points to 31.2%). General and administrative expenses fell by 40 basis points to 13.1% of revenue.
4. Q1 and FY26 Outlook
For Q1 2026, AvePoint expects revenue of $115 million to $117 million, reflecting roughly 25% growth at the midpoint. Full-year 2026 guidance includes revenue between $509.4 million and $517.4 million (22% growth mid-point) and ARR of $525.1 million to $531.1 million (27% growth mid-point), with non-GAAP operating income forecasted at $92.6 million to $96.6 million.