AVPT

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

AvePoint Announces Third Quarter 2026 Financial Results

Third quarter SaaS revenue of $105.5 million, representing 26% year-over-year growth, 26% on a constant currency basis Third quarter Total revenue of $131.1 million, representing 19% year-over-year growth, 20% on a constant currency basis Total ARR of $495.1 million, representing 27% year-over-year growth, 25% adjusted for FX

JERSEY CITY, N.J., Nov. 05, 2026 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, SGX: AVP), the AI Trust Company, today announced financial results for the third quarter ended September 30, 2026.

“Q3 was another strong quarter for AvePoint, as broad-based customer demand drove record net new ARR and an acceleration in total ARR growth for the second straight quarter, as well as further GAAP operating margin expansion,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Our efficient execution and robust cash generation enable us to strategically invest in the largest market opportunity in our company’s history: AI trust. As organizations accelerate AI adoption, our platform-neutral approach, deep expertise in data security and governance, and comprehensive agent lifecycle management capabilities provide a distinct competitive advantage. And with the announcement of the AvePoint Trust Platform, we are extending governance beyond data and agents to the models, MCP servers, and AI skills that enterprises are deploying faster than they can govern, across every platform they run on. We are excited for a strong close to 2026.”

Third Quarter 2026 Financial Highlights

Revenue: Total revenue was $131.1 million, up 19% from the third quarter of 2025. Within total revenue, SaaS revenue was $105.5 million, up 26% from the third quarter of 2025.

Gross Profit: GAAP gross profit was $94.7 million, compared to $81.6 million for the third quarter of 2025. GAAP gross margin was 72.2%, compared to 74.4% for the third quarter of 2025. Non-GAAP gross profit was $95.4 million, compared to $82.4 million for the third quarter of 2025. Non-GAAP gross margin was 72.8%, compared to 75.1% for the third quarter of 2025.

Operating Income: GAAP operating income was $11.5 million, compared to $8.1 million for the third quarter of 2025. GAAP operating margin was 8.7%, compared to 7.4% for the third quarter of 2025. Non-GAAP operating income was $22.0 million, compared to $24.1 million for the third quarter of 2025. Non-GAAP operating margin was 16.8%, compared to 22.0% for the third quarter of 2025.

Cash, cash equivalents and short-term investments: $418.3 million as of September 30, 2026.

Cash from operations: For the nine months ended September 30, 2026, the Company generated $71.6 million of cash from operations, compared to $55.6 million in the prior year period.

Third Quarter 2026 Key Performance Indicators and Recent Business Highlights

ARR as of September 30, 2026 was $495.1 million, up 27% year-over-year. Adjusted for FX, ARR grew 25%.

Dollar-based gross retention rate was 90% on a reported and FX-adjusted basis, while dollar-based net retention rate was 112% on a reported basis and 111% when adjusted for FX.

The Company announced Kinetic Classification for continuous AI-driven data classification and Rapid Recovery for priority-based data restoration.

Announced the AvePoint Trust Platform, which makes data AI-ready, governs every agent across its lifecycle, and keeps the business resilient when AI gets it wrong – independent of any single cloud, model, or AI provider. The Trust Platform also includes new AI Governance, Security, and Cost Optimization capabilities and broadens observability to Anthropic Claude and MCP servers.

Included in the 2026 Gartner® Magic Quadrant™ for AI Agent Management Platforms, the first report of its kind in this rapidly evolving category.

Added to the S&P SmallCap 600 Index, which tracks small-capitalization U.S. public companies that meet liquidity and GAAP profitability criteria.

Announced the hiring of Ali Rohani as Chief Strategy and Customer Officer to deepen customer value and accelerate growth as enterprises scale AI with trust.

Financial Outlook

The Company is again raising its full-year guidance for annual recurring revenue, and the Company’s updated full-year guidance for revenue and non-GAAP operating income includes the respective third quarter outperformance relative to guidance. Additionally, the Company’s updated financial guidance reflects the current expected impact from the fluctuation in foreign exchange rates for all metrics.

For the fourth quarter of 2026, the Company expects:

Total revenues of $138.4 million to $140.4 million, or year-over-year growth of 22% at the midpoint. On a constant currency basis, the Company expects revenue growth of 22% at the midpoint.

Non-GAAP operating income of $24.7 million to $25.7 million.

For the full year 2026, the Company now expects:

Total ARR of $524.8 million to $528.8 mill

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

AvePoint Announces Second Quarter 2026 Financial Results

Second quarter SaaS revenue of $98.5 million, representing 27% year-over-year growth, 26% on a constant currency basis Second quarter Total revenue of $124.5 million, representing 22% year-over-year growth, 21% on a constant currency basis Total ARR of $465.1 million, representing 27% year-over-year growth, 24% adjusted for FX

JERSEY CITY, N.J., Aug. 06, 2026 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, SGX: AVP), the unifying Trust Layer for AI, today announced financial results for the second quarter ended June 30, 2026.

“Our excellent second quarter results reflect the growing demand for trusted AI, as we accelerated topline growth, outperformed all guided metrics, and delivered record net new ARR,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “As organizations rapidly integrate and rely on agentic AI, their need for visibility, governance, and security — for trust in this technology — has only intensified. Because trust is the foundational layer of enterprise AI, AvePoint is uniquely positioned to help organizations deploy intelligent systems with confidence, maximizing business value while minimizing risk. Our continued momentum underscores the strength of our platform and strategy as we capture the significant opportunity ahead.”

Second Quarter 2026 Financial Highlights

Revenue: Total revenue was $124.5 million, up 22% from the second quarter of 2025. Within total revenue, SaaS revenue was $98.5 million, up 27% from the second quarter of 2025.

Gross Profit: GAAP gross profit was $91.0 million, compared to $75.5 million for the second quarter of 2025. GAAP gross margin was 73.1%, compared to 74.0% for the second quarter of 2025. Non-GAAP gross profit was $91.7 million, compared to $76.3 million for the second quarter of 2025. Non-GAAP gross margin was 73.7%, compared to 74.8% for the second quarter of 2025.

Operating Income: GAAP operating income was $10.2 million, compared to $7.1 million for the second quarter of 2025. GAAP operating margin was 8.2%, compared to 7.0% for the second quarter of 2025. Non-GAAP operating income was $20.3 million, compared to $18.8 million for the second quarter of 2025. Non-GAAP operating margin was 16.3%, compared to 18.4% for the second quarter of 2025.

Cash and cash equivalents: $417.3 million as of June 30, 2026.

Cash from operations: For the six months ended June 30, 2026, the Company generated $40.2 million of cash from operations, compared to $20.8 million in the prior year period.

Second Quarter 2026 Key Performance Indicators and Recent Business Highlights

ARR as of June 30, 2026 was $465.1 million, up 27% year-over-year. Adjusted for FX, ARR grew 24%.

Dollar-based gross retention rate was 89% on a reported and FX-adjusted basis, while dollar-based net retention rate was 111% on a reported basis and 110% when adjusted for FX.

The Company released its third annual State of AI report, finding that organizations lack the trust layer required to scale AI safely, as governance gaps, deployment delays, and AI-generated data are compounding the challenge.

The Company announced new advancements to the AvePoint Confidence Platform that extend the trust layer — the connected layer of governance, security, recovery, and backup controls that sits across an organization’s data — to agentic AI, new enterprise applications, and new multicloud infrastructure.

Financial Outlook

The Company is again raising its full-year guidance for annual recurring revenue, and the Company’s updated full-year guidance for revenue and non-GAAP operating income includes the respective second quarter outperformance relative to guidance. Second, the Company is increasing its expense plans for the second half of the year, given the rapidly growing market opportunity and demand for its platform and services. Lastly, the Company’s updated financial guidance reflects the current expected headwind from the fluctuation in foreign exchange rates for all metrics, which more than offset the raise in ARR and the second quarter outperformance for revenue and non-GAAP operating income.

For the third quarter of 2026, the Company expects:

Total revenues of $128.2 million to $130.2 million, or year-over-year growth of 18% at the midpoint. On a constant currency basis, the Company expects revenue growth of 19% at the midpoint. Non-GAAP operating income of $21.0 million to $22.0 million.

For the full year 2026, the Company now expects:

Total ARR of $522.1 million to $528.1 million, or year-over-year growth of 26% at the midpoint. Adjusted for FX, the Company continues to expect ARR growth of 26% at the midpoint. Total revenues of $508.5 million to $512.5 million, or year-over-year growth of 22% at the midpoint. On a constant currency basis, the Company now expects revenue growth of 21% at the midpoint. Non-GAAP operating income of $86.4 million to $88.4 million.

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

AvePoint Announces First Quarter 2026 Financial Results

First quarter SaaS revenue of $93.4 million, representing 35% year-over-year growth, 29% on a constant currency basis First quarter Total revenue of $117.2 million, representing 26% year-over-year growth, 20% on a constant currency basis Total ARR of $435.2 million, representing 26% year-over-year growth, 23% adjusted for FX

JERSEY CITY, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, SGX: AVP), the global leader in AI data protection, unifying data security, governance and resilience, today announced financial results for the first quarter ended March 31, 2026.

“Our first quarter results mark a strong start to the year, as our leading position at the intersection of data protection and security, coupled with the demand for secure, automated, and AI-ready solutions, enabled us to outperform our guidance on the top and bottom line, secure our twelfth straight quarter of double-digit growth in organic net new ARR, and deliver more than 700 basis points of GAAP operating margin expansion,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Our unique ability to provide real-time visibility, automated governance, and granular recovery across the data estate is rapidly transforming AI risk into a manageable variable for our customers, and this competitive advantage ensures a durable opportunity for AvePoint to support organizations around the world.”

First Quarter 2026 Financial Highlights

Revenue: Total revenue was $117.2 million, up 26% from the first quarter of 2025. Within total revenue, SaaS revenue was $93.4 million, up 35% from the first quarter of 2025.

Gross Profit: GAAP gross profit was $85.4 million, compared to $69.2 million for the first quarter of 2025. GAAP gross margin was 72.8%, compared to 74.3% for the first quarter of 2025. Non-GAAP gross profit was $86.1 million, compared to $69.8 million for the first quarter of 2025. Non-GAAP gross margin was 73.4%, compared to 75.0% for the first quarter of 2025.

Operating Income: GAAP operating income was $12.7 million, compared to $3.3 million for the first quarter of 2025. GAAP operating margin was 10.9%, compared to 3.5% for the first quarter of 2025. Non-GAAP operating income was $20.5 million, compared to $13.4 million for the first quarter of 2025. Non-GAAP operating margin was 17.5%, compared to 14.4% for the first quarter of 2025.

Cash and cash equivalents: $444.1 million as of March 31, 2026.

Cash from operations: For the three months ended March 31, 2026, the Company generated $24.3 million of cash from operations, compared to $0.5 million in the prior year period.

First Quarter 2026 Key Performance Indicators and Recent Business Highlights

ARR as of March 31, 2026 was $435.2 million, up 26% year-over-year. Adjusted for FX, ARR grew 23%.

Dollar-based gross retention rate was 89% on a reported and FX-adjusted basis, while dollar-based net retention rate was 111% on a reported basis and 110% when adjusted for FX.

Announced the general availability of its AgentPulse Command Center, which provides unified monitoring, governance, and cost control for AI agents across Microsoft 365 and Google Cloud environments, and helps organizations manage shadow AI and data exposure.

Announced major upgrades to the AvePoint Confidence Platform, adding agentic AI governance, rapid multicloud recovery focused on restoring core business operations, and scalable automation tools to strengthen data security and resilience.

Renewed the existing Share Repurchase Program for an additional three years, providing the authority to buy up to $150.0 million of the Company’s common stock.

Financial Outlook

The Company is raising its full-year guidance for annual recurring revenue, and the Company’s updated full-year guidance for revenue and non-GAAP operating income includes the respective first quarter outperformance relative to guidance. Additionally, the Company’s updated financial guidance reflects the current expected headwind from the fluctuation in foreign exchange rates for all metrics, which more than offset the raise in ARR and the first quarter outperformance for revenue and non-GAAP operating income.

For the second quarter of 2026, the Company expects:

Total revenues of $120.3 million to $122.3 million, or year-over-year growth of 19% at the midpoint. On a constant currency basis, the Company expects revenue growth of 18% at the midpoint. Non-GAAP operating income of $18.7 million to $19.7 million.

For the full year 2026, the Company now expects:

Total ARR of $523.4 million to $529.4 million, or year-over-year growth of 26% at the midpoint. Adjusted for FX, the Company continues to expect ARR growth of 26% at the midpoint. Total revenues of $509.4 million to $515.4 million, or year-over-year growth of 22% at the midpoint. On a constant currency basis, the Company expects revenue growth of 20% at the mid