Brief: AvePoint Q2 Gross Profit USD 75.539 Million

AvePoint (Delaware)

07/08/2025 21:05

Overview

AvePoint Q2 revenue hits $102 mln, up 31% yr/yr, surpassing $100 mln for the first time

SaaS revenue grows 44% yr/yr to $77.3 mln, driving overall revenue growth

ARR increases 27% yr/yr to $367.6 mln, reflecting strong subscription growth

Outlook

AvePoint sees Q3 revenue between $104.6 mln and $106.6 mln

Company expects Q3 non-GAAP operating income of $18 mln to $19 mln

AvePoint projects full-year revenue of $406.6 mln to $410.6 mln

Company forecasts full-year ARR of $412.8 mln to $418.8 mln

Result Drivers

SAAS REVENUE GROWTH - SaaS revenue increased 44% yr/yr to $77.3 mln, driving overall revenue growth

ARR INCREASE - Annual recurring revenue rose 27% yr/yr to $367.6 mln, reflecting strong subscription growth

PLATFORM EXPANSION - Expanded AvePoint Confidence Platform with new features, enhancing data governance and security

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
$2.89 mln
Q2 Adjusted Gross Margin
74.8%
Q2 Adjusted Gross Profit
$76.30 mln
Q2 ARR
$367.60 mln
Q2 Gross Profit
$75.54 mln
Q2 Operating Expenses
$68.44 mln
Q2 Operating Income
$7.09 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for AvePoint Inc is $21.50, about 16.9% above its August 6 closing price of $17.86

The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 58 three months ago

Press Release: ID:nGNX8FLZT8

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)