Filing Flows › AvePoint (AVPT) › Q2 2026 › vs Q1 2026
AvePoint (AVPT) Q2 2026 vs Q1 2026 (quarter over quarter)
AvePoint's revenue rose $7.3M (+6%) from $117M in Q1 2026 to $124M in Q2 2026. The biggest changes: SaaS +$5.1M (+5%); Service +$1.2M (+8%); Termed License and Support +$926K (+10%). Gross margin 73.1% against 72.8% (+0.3 pts).
AvePoint, Q2 2026: revenue $124M (+22% year over year), operating margin 8.2%, net earnings $27.6M, operating cash flow $15.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 73.1% | 72.8% | +0.3 pts |
| Operating margin | 8.2% | 10.9% | -2.6 pts |
| Net margin | 22.1% | 13.0% | +9.1 pts |
| Free cash flow margin | 11.8% | 19.6% | -7.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| SaaS | $98.5M | $93.4M | $5.1M | +5% |
| Service | $15.7M | $14.5M | $1.2M | +8% |
| Termed License and Support | $10.2M | $9.3M | $926K | +10% |
| Revenue | $124M | $117M | $7.3M | +6% |
| Gross profit | $91.0M | $85.4M | $5.6M | +7% |
| Cost of revenue | $33.5M | $31.9M | $1.6M | +5% |
| Other income, net | $1.8M | $3.8M | −$2.0M | -53% |
| Operating profit | $10.2M | $12.7M | −$2.5M | -20% |
| Operating expenses | $80.8M | $72.6M | $8.1M | +11% |
| Pre-tax earnings | $12.0M | $16.5M | −$4.5M | -27% |
| Research & development | $16.6M | $13.8M | $2.8M | +20% |
| Sales & marketing | $45.5M | $42.0M | $3.5M | +8% |
| General & admin | $18.7M | $16.9M | $1.8M | +11% |
| Income tax benefit | $15.6M | −$1.3M | $16.8M | — |
| Net earnings | $27.6M | $15.2M | $12.3M | +81% |
| Share-based compensation | $9.6M | $7.3M | $2.3M | +32% |
| Working capital & other | $21.2M | −$1.7M | $22.9M | — |
| Operating cash flow | $15.9M | $24.3M | −$8.3M | -34% |
| Free cash flow (OCF − capex) | $14.7M | $23.0M | −$8.2M | -36% |
| Capital expenditures | $1.2M | $1.3M | −$70K | -5% |
Questions
How much did AvePoint's revenue grow quarter over quarter in Q2 2026?
AvePoint's revenue rose $7.3M (+6%) from $117M in Q1 2026 to $124M in Q2 2026.
What drove AvePoint's revenue change in Q2 2026?
SaaS +$5.1M (+5%); Service +$1.2M (+8%); Termed License and Support +$926K (+10%).