Filing Flows › AvePoint (AVPT) › How it makes money
How AvePoint (AVPT) makes money
AvePoint (AVPT) made $131M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. SaaS brought in $105M (80%); Service brought in $16.7M (13%); Termed License and Support brought in $8.9M (7%). Of every dollar of revenue, 72¢ was left as gross profit, 9¢ was left as operating profit, 14¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| SaaS | $105M | 80.5% | +7% | +26% |
| Service | $16.7M | 12.8% | +6% | +21% |
| Termed License and Support | $8.9M | 6.8% | -13% | -26% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $131M | 100.0% |
| Cost of revenue | $36.4M | 27.8% |
| Gross profit | $94.7M | 72.2% |
| Operating expenses | $83.2M | 63.5% |
| Operating profit | $11.4M | 8.7% |
| Net earnings | $17.9M | 13.7% |
| Operating cash flow | $31.4M | 24.0% |
| Free cash flow | $30.0M | 22.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $131M | +20% |
| Q2 2026 | $124M | +22% |
| Q1 2026 | $117M | +26% |
| Q4 2025 | $115M | +29% |
| Q3 2025 | $110M | +24% |
| Q2 2025 | $102M | +31% |
| Q1 2025 | $93.1M | +25% |
From AvePoint's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does AvePoint make money?
AvePoint (AVPT) made $131M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. SaaS brought in $105M (80%); Service brought in $16.7M (13%); Termed License and Support brought in $8.9M (7%). Of every dollar of revenue, 72¢ was left as gross profit, 9¢ was left as operating profit, 14¢ was left as net earnings.
What is AvePoint's biggest business?
SaaS: $105M in the third quarter 2026, 80% of revenue, +26% from a year earlier.
What is AvePoint's profit margin?
Net earnings were $17.9M, 13.7% of revenue, in the third quarter 2026; the operating margin was 8.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.