Filing Flows › AvePoint (AVPT) › Q3 2026 › vs Q2 2026
AvePoint (AVPT) Q3 2026 vs Q2 2026 (quarter over quarter)
AvePoint's revenue rose $6.6M (+5%) from $124M in Q2 2026 to $131M in Q3 2026. The biggest changes: SaaS +$7.0M (+7%); Termed License and Support −$1.3M (-13%); Service +$980K (+6%). Gross margin 72.2% against 73.1% (-0.9 pts).
AvePoint, Q3 2026: revenue $131M (+20% year over year), operating margin 8.7%, net earnings $17.9M, operating cash flow $31.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 72.2% | 73.1% | -0.9 pts |
| Operating margin | 8.7% | 8.2% | +0.5 pts |
| Net margin | 13.7% | 22.1% | -8.5 pts |
| Free cash flow margin | 22.8% | 11.8% | +11.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| SaaS | $105M | $98.5M | $7.0M | +7% |
| Service | $16.7M | $15.7M | $980K | +6% |
| Termed License and Support | $8.9M | $10.2M | −$1.3M | -13% |
| Revenue | $131M | $124M | $6.6M | +5% |
| Gross profit | $94.7M | $91.0M | $3.6M | +4% |
| Cost of revenue | $36.4M | $33.5M | $3.0M | +9% |
| Other income, net | $3.9M | $1.8M | $2.1M | +119% |
| Operating profit | $11.4M | $10.2M | $1.2M | +12% |
| Operating expenses | $83.2M | $80.8M | $2.4M | +3% |
| Pre-tax earnings | $15.4M | $12.0M | $3.4M | +28% |
| Research & development | $16.2M | $16.6M | −$396K | -2% |
| Sales & marketing | $47.8M | $45.5M | $2.2M | +5% |
| General & admin | $19.3M | $18.7M | $607K | +3% |
| Income tax benefit | $2.6M | $15.6M | −$13.0M | -84% |
| Net earnings | $17.9M | $27.6M | −$9.6M | -35% |
| Share-based compensation | $10.1M | $9.6M | $507K | +5% |
| Working capital & other | $3.4M | −$21.2M | $24.6M | — |
| Operating cash flow | $31.4M | $15.9M | $15.5M | +97% |
| Free cash flow (OCF − capex) | $30.0M | $14.7M | $15.2M | +103% |
| Capital expenditures | $1.5M | $1.2M | $273K | +23% |
Questions
How much did AvePoint's revenue grow quarter over quarter in Q3 2026?
AvePoint's revenue rose $6.6M (+5%) from $124M in Q2 2026 to $131M in Q3 2026.
What drove AvePoint's revenue change in Q3 2026?
SaaS +$7.0M (+7%); Termed License and Support −$1.3M (-13%); Service +$980K (+6%).