Filing Flows › AvePoint (AVPT) › Q2 2025
AvePoint (AVPT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
AvePoint (AVPT) reported revenue of $102M for the second quarter 2025 (Q2 2025), +31% from a year earlier and +10% from the quarter before. Operating margin was 7.0%, net earnings $2.7M (2.6% of revenue).
AvePoint, Q2 2025: revenue $102M (+31% year over year), operating margin 7.0%, net earnings $2.7M, operating cash flow $20.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | +10% | +31% |
| Gross profit | $75.5M | +9% | +28% |
| Operating profit | $7.1M | +116% | — |
| Net earnings | $2.7M | -22% | — |
| Operating cash flow | $20.3M | 41× | +25% |
| Free cash flow | $19.3M | — | +22% |
What changed
Revenue was $102.0M in Q2 2025, up 31% year over year and up 10% from the previous quarter. SaaS was the largest line at 76% of revenue. SaaS added $23.7M year over year (up 44%), 98% of the total change. Maintenance declined 54%.
Gross margin was 74.0%, down 1.7 points from a year earlier. Operating profit was $7.1M, a 7.0% margin (up 9.7 points year over year). Operating expenses grew 12% against revenue growth of 31%. The fastest-growing cost line was Sales & marketing (+17%). Net earnings were $2.7M. The effective tax rate was 57.8%.
Operating cash flow was $20.3M (up 25% year over year), 701% of net income including minority interests. Non-cash charges added back $11.1M of share-based compensation. Working capital and other items added $6.2M. Capital expenditures of $1.0M left free cash flow of $19.3M.
Questions
What was AvePoint's revenue in the second quarter 2025?
AvePoint (AVPT) reported revenue of $102M for the second quarter 2025 (Q2 2025), +31% from a year earlier and +10% from the quarter before.
Was AvePoint profitable in the second quarter 2025?
Operating profit was $7.1M (7.0% of revenue) and net earnings $2.7M.
Source: AvePoint 10-Q on SEC EDGAR.