AvePoint, Inc. (AVPT) Earnings
AvePoint, Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $0.08. AVPT has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +22.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.08 | $0.10 | +25.0% | $117M | +0.7% |
| Nov 6, 2025 | $0.07 | $0.10 | +42.9% | $110M | -1.1% |
| Aug 7, 2025 | $0.06 | $0.06 | +0.0% | $102M | -2.9% |
| May 8, 2025 | $0.05 | $0.06 | +20.0% | $93M | +0.5% |
| Feb 27, 2025 | $0.05 | $-0.04 | -180.0% | $89M | +1.3% |
| Nov 7, 2024 | $0.05 | $0.06 | +20.0% | $89M | +0.8% |
| May 9, 2024 | $0.01 | $0.04 | +238.1% | $75M | +3.0% |
| Feb 29, 2024 | $0.04 | $0.07 | +70.0% | $75M | +4.2% |
| Nov 9, 2023 | $0.02 | $0.03 | +39.5% | $73M | +1.7% |
| Mar 9, 2023 | $-0.00 | $-0.02 | -478.0% | $64M | -0.6% |
| Nov 10, 2022 | $0.01 | $0.01 | +66.7% | $63M | +0.1% |
| Aug 11, 2022 | $-0.01 | $-0.01 | -14.3% | $56M | +1.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Q1 was a strong start to the year with 12th straight quarter of double - digit organic net new ARR growth. There has been a shift in the market from AI discussions focused on productivity to enterprise trust in AI. AppPoint's integrated approach includes see (unified real - time visibility across the data estate), govern (automated policy enforcement, compliance standards, and access controls), and recover (granular, automated recovery from failures). Examples such as a US pharmacy benefits manager and a large transportation and logistics conglomerate using AppPoint for AI deployment are provided. Strategic priorities remain unchanged and the conviction in the $1 billion ARR goal by 2029 is strong
Guidance
Full year ARR guidance is raised. The updated full - year revenue guidance is total revenues of $509.4 million to $515.4 million, with a 22% midpoint growth. Non - GAAP operating income is expected to be $91.5 million to $94.5 million. For the second quarter, total revenues are expected to be $120.3 million to $122.3 million, with a 19% midpoint growth. On a constant currency basis, revenue growth is 18% midpoint. FX headwinds impact the guidance
Segment performance
Total revenues in Q1 were $117.2 million, representing 26% year - over - year growth and above the high end of guidance. On a constant currency basis, total revenues grew 20% year - over - year. SAS revenues were $93.4 million, growing 35% year - over - year and representing 80% of total Q1 revenues. Term license and support revenues declined 29% year - over - year and represented 8% of Q1 revenues. Services revenues grew 33% year - over - year to $14.5 million, representing 12% of Q1 revenues. North America total revenue growth was 21% year - over - year, EMEA total revenue growth was 30% year - over - year, and APAC total revenues grew 28% year - over - year. ARR in Q1: North America ARR grew 21%, EMEA ARR grew 32%, and APAC ARR grew 27%, with total ARR of $435.2 million, representing year - over - year growth of 26% or 23% after adjusting for FX. Net new ARR in Q1 was $18.4 million, representing growth of 17% year - over - year after excluding the $2.8 million of ARR acquired in Q1 of last year. 58% of total ARR came through the channel. Gross profit for Q1 was $86.1 million, with a gross margin of 73.4%. Operating expenses in Q1 totaled $65.6 million, and non - GAAP operating income was $20.5 million, representing a 17.5% operating margin
Analyst Q&A
Q: Unpack the 1Q performance and constant currency ARR growth.
A: It was right in line with expectations, and public sector traction is driving the acceleration.
Q: What metrics correlate with the AI message?
A: Agent Pulse is driving interest, and nearly half of the pipeline is now the control suite.
Q: Elaborate on the durability demand in the resilience segment.
A: There is robust growth, with over 60% of new ARR coming from existing customers, and bundling is influencing deal sizes.
Q: Talk about the shift to the channel - first approach.
A: It's a channel - first strategy, with a comp neutral approach, and channel efficiency is driving the cost of sales/marketing down.
Q: How is AI governance value captured?
A: The services component is part of outcome development, and licensing follows market makers.
Q: Discuss durability demand in the resilience segment.
A: There is high demand, over 60% of new ARR from existing, and agent cost is a big topic.
Q: Impact of Microsoft Copilot adoption.
A: AI adoption is driving growth, not specific to office co - pilot numbers.
Q: SAS mix shift.
A: There is a shift from term license to SaaS, with short - term revenue impact but long - term even - out.
Q: Channel partner economics.
A: It's a channel - first strategy, with a comp neutral model and an economic flywheel.
Q: Hybrid pricing model impact.
A: Outcome - based services, 88% is cloud/subscription, and licensing follows market makers.
Q: Microsoft Copilot adoption effect.
A: AI adoption is driving growth, not specific to office co - pilot numbers.
Q: SAS mix shift impact.
A: Shift from term license to SaaS, short - term revenue impact, long - term evens out.
Q: Channel - first approach details.
A: Channel - first strategy, comp neutral, channel efficiency driving cost reduction.
Q: AI governance value capture details.
A: Services component in outcome development, licensing follows market makers.
Q: Resilience segment durability details.
A: High demand, over 60% new ARR from existing, agent cost a big topic.
Q: Microsoft Copilot adoption impact details.
A: AI adoption driving growth, not specific office co - pilot numbers.
Q: SAS mix shift details.
A: Shift to SaaS from term license, short - term revenue impact, long - term evens out.
Q: Channel - first approach details.
A: Channel - first strategy, comp neutral, channel efficiency driving cost reduction.
Q: Hybrid pricing model impact details.
A: Outcome - based services, 88% cloud/subscription, licensing follows market makers.
Q: Next question from Joseph Gallo: Unpack 1Q performance, constant currency ARR growth.
A: Right in line with expectations, public sector traction driving acceleration.
Q: Metrics correlating with AI message.
A: Agent Pulse driving interest, nearly half pipeline now control suite.
Q: Durability demand in resilience segment.
A: Robust growth, 60+% new ARR from existing customers, bundling influencing deal sizes.
Q: Shift to channel - first approach.
A: Channel - first strategy, comp neutral, economic model flywheel.
Q: AI governance value capture.
A: Services component part of outcome development, licensing follows market makers.
Q: Durability demand in resilience.
A: High demand, 60+% new ARR from existing, agent cost a big topic.
Q: Microsoft Copilot adoption impact.
A: AI adoption driving growth, not specific office co - pilot numbers.
Q: SAS mix shift.
A: Shift to SaaS from term license, short term revenue impact, long term evens out.
Q: Channel partner economics.
A: Channel - first strategy, comp neutral, channel efficiency driving cost of sales/marketing down.
Q: Hybrid pricing model impact.
A: Outcome - based services, 88% cloud/subscription, licensing follows market makers