Filing Flows › AvePoint (AVPT) › Q3 2026
AvePoint (AVPT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
AvePoint (AVPT) reported revenue of $131M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +5% from the quarter before. Operating margin was 8.7%, net earnings $17.9M (13.7% of revenue).
AvePoint, Q3 2026: revenue $131M (+20% year over year), operating margin 8.7%, net earnings $17.9M, operating cash flow $31.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $131M | +5% | +19% |
| Gross profit | $94.7M | +4% | +16% |
| Operating profit | $11.4M | +12% | +41% |
| Net earnings | $17.9M | -35% | +38% |
| Operating cash flow | $31.4M | +97% | -10% |
| Free cash flow | $30.0M | +103% | -13% |
What changed
Revenue was $131.1M in Q3 2026, up 19% year over year and up 5% from the previous quarter. SaaS was the largest line at 80% of revenue. SaaS added $21.5M year over year (up 26%), 101% of the total change. Termed License and Support declined 26%.
Gross margin was 72.2%, down 2.2 points from Q3 2025. Operating profit was $11.4M, a 8.7% margin (up 1.3 points year over year). Of the extra revenue versus Q3 2025, 16% reached operating profit, above the 7% margin then. Operating expenses grew 13% against revenue growth of 19%. The fastest-growing cost line was Sales & marketing (+34%). Net earnings were $17.9M, up 38% year over year. The effective tax rate was -16.7%. Non-operating items added $3.9M, 26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $31.4M (down 10% year over year), 175% of net earnings. Non-cash charges added back $10.1M of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $1.5M left free cash flow of $30.0M.
Questions
What was AvePoint's revenue in the third quarter 2026?
AvePoint (AVPT) reported revenue of $131M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +5% from the quarter before.
Was AvePoint profitable in the third quarter 2026?
Operating profit was $11.4M (8.7% of revenue) and net earnings $17.9M.
Source: AvePoint 10-Q on SEC EDGAR.