AVPT (AvePoint, Inc.) Stock Financials & Earnings | Market Cap Arena

AVPT (AvePoint, Inc.) Stock Financials & Earnings | Market Cap Arena

AVPTAvePoint, Inc.

Mkt Cap$2B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Revenue (TTM)$419M

Net Income (TTM)$35M

EPS (TTM)$0.15

Free Cash Flow (TTM)$80M

Gross Margin74.1%

Op. Margin7.9%

Net Margin8.3%

FCF Margin19.2%

P/S Ratio (TTM)5.5x

P/E Ratio (TTM)66.6x

YoY Rev Growth+26.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$60M	$42M	-$9M
Q2 23	$65M	$45M	-$7M
Q3 23	$73M	$53M	-$313K
Q4 23	$75M	$55M	$878K
Q1 24	$75M	$54M	-$3M
Q2 24	$78M	$59M	-$2M
Q3 24	$89M	$68M	$8M
Q4 24	$89M	$67M	$5M
Q1 25	$93M	$69M	$3M
Q2 25	$102M	$76M	$7M
Q3 25	$110M	$82M	$8M
Q4 25	$115M	$84M	$15M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	9.6x	—
Q2 23	9.2x	—
Q3 23	8.9x	—
Q4 23	8.5x	—
Q1 24	8.1x	—
Q2 24	7.7x	—
Q3 24	7.3x	—
Q4 24	7.0x	—
Q1 25	6.6x	—
Q2 25	6.2x	—
Q3 25	5.9x	1176.5x
Q4 25	5.5x	66.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1M	$766K
Q2 23	$8M	$7M
Q3 23	$4M	$3M
Q4 23	$21M	$20M
Q1 24	$8M	$7M
Q2 24	$16M	$15M
Q3 24	$32M	$31M
Q4 24	$33M	$32M
Q1 25	$495K	-$1M
Q2 25	$20M	$19M
Q3 25	$35M	$34M
Q4 25	$30M	$29M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$484K
Q2 23	$949K
Q3 23	$1M
Q4 23	$1M
Q1 24	$893K
Q2 24	$732K
Q3 24	$2M
Q4 24	$1M
Q1 25	$2M
Q2 25	$1M
Q3 25	$857K
Q4 25	$697K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+18.5%	+7.2%
Q2 23	+16.5%	+6.7%
Q3 23	+16.0%	+4.1%
Q4 23	+17.3%	+2.9%
Q1 24	+25.1%	+13.6%
Q2 24	+20.2%	+11.3%
Q3 24	+22.1%	+11.1%
Q4 24	+19.5%	+14.4%
Q1 25	+24.9%	+15.5%
Q2 25	+30.9%	+18.5%
Q3 25	+23.6%	+25.2%
Q4 25	+28.6%	+18.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$8M	13.6%
Q2 23	$10M	14.8%
Q3 23	$9M	12.8%
Q4 23	$9M	12.2%
Q1 24	$9M	12.7%
Q2 24	$11M	13.5%
Q3 24	$10M	11.0%
Q4 24	$9M	10.4%
Q1 25	$10M	10.3%
Q2 25	$11M	10.9%
Q3 25	$11M	9.7%
Q4 25	$8M	6.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$9M	$15M	$27M
Q2 23	$9M	$15M	$28M
Q3 23	$9M	$16M	$28M
Q4 23	$9M	$16M	$29M
Q1 24	$10M	$17M	$30M
Q2 24	$13M	$18M	$30M
Q3 24	$13M	$17M	$30M
Q4 24	$13M	$17M	$32M
Q1 25	$13M	$19M	$35M
Q2 25	$13M	$20M	$36M
Q3 25	$14M	$21M	$36M
Q4 25	$13M	$22M	$38M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	18.5%	-12.9%	5.5
Q2 23	16.5%	-9.2%	7.3
Q3 23	16.0%	1.2%	17.2
Q4 23	17.3%	2.8%	20.2
Q1 24	25.1%	-2.6%	22.6
Q2 24	20.2%	-1.0%	19.1
Q3 24	22.1%	10.2%	32.2
Q4 24	19.5%	7.0%	26.5
Q1 25	24.9%	5.2%	30.0
Q2 25	30.9%	8.5%	39.4
Q3 25	23.6%	13.1%	36.6
Q4 25	28.6%	15.3%	43.9

Revenue Segments

Quarter	Maintenance	SaaS [Member	Service	Termed License and Support	Saa S
Q3 23	$3M	$42M	$11M	$16M	—
Q1 24	$3M	—	$10M	$10M	$51M
Q2 24	$3M	—	$11M	$11M	$54M
Q3 24	$3M	—	$11M	$14M	$61M

Revenue by Geography

Quarter	Asia Pacific	Emea	North America
Q1 23	$16M	$19M	$24M
Q2 23	$17M	$20M	$28M
Q3 23	$19M	$22M	$32M
Q4 23	$20M	$21M	$34M
Q1 24	$22M	$23M	$30M
Q2 24	$23M	$23M	$32M
Q3 24	$25M	$26M	$38M
Q4 24	$25M	$27M	$37M
Q1 25	$27M	$29M	$36M
Q2 25	$31M	$32M	$40M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$229M	$3M	$232M
Q2 23	$220M	$3M	$223M
Q3 23	$206M	$3M	$209M
Q4 23	$223M	$4M	$227M
Q1 24	$215M	$4M	$219M
Q2 24	$227M	$4M	$231M
Q3 24	$250M	$173K	$250M
Q4 24	$291M	$167K	$291M
Q1 25	$351M	$317K	$352M
Q2 25	$430M	$325K	$430M
Q3 25	$472M	$0	$472M
Q4 25	$481M	$0	$481M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	183M	+0.6%
Q2 23	183M	+0.3%
Q3 23	182M	-0.8%
Q4 23	182M	+0.3%
Q1 24	181M	-0.4%
Q2 24	183M	+0.7%
Q3 24	184M	+0.6%
Q4 24	187M	+1.4%
Q1 25	225M	+20.3%
Q2 25	229M	+2.1%
Q3 25	233M	+1.6%
Q4 25	231M	-0.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 18	—	—
FY 19	$58M	2
FY 20	$76M	2
FY 21	$99K	2K
FY 22	$106K	2K
FY 23	$107K	3K
FY 24	$113K	3K
FY 25	$122K	3K