Tearsheet

AvePoint (AVPT)


Market Price (6/27/2026): $10.86 | Market Cap: $2.3 BilSector: Information Technology | Industry: Systems Software

AvePoint (AVPT)


Market Price (6/27/2026): $10.86
Market Cap: $2.3 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -19%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Low stock price volatility
Vol 12M is 46%

Megatrend and thematic drivers
Megatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more.

Weak multi-year price returns
2Y Excs Rtn is -26%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 55x

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2%

Key risks
AVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -19%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
4 Low stock price volatility
Vol 12M is 46%
5 Megatrend and thematic drivers
Megatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more.
6 Weak multi-year price returns
2Y Excs Rtn is -26%
7 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 55x
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2%
9 Key risks
AVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more.

AVPT in ETFs

Weight = AVPT's share of each fund

VTI0.00%
ITOT0.00%
IWM0.04%
VB0.02%
IWO0.08%
IGV0.06%
DFAS0.05%
VBK0.05%
+7 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/26/2026

AvePoint (AVPT) stock has remained largely at the same level since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Performance and Raised Full-Year Guidance.

AvePoint reported robust financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 7, 2026. The company exceeded revenue estimates, with total revenue growing 26% year-over-year to $117.2 million, primarily driven by a 35% increase in SaaS revenue. AvePoint also significantly improved its GAAP operating income to $12.7 million, up from $3.3 million in the prior year period. Following these results, the company raised its full-year 2026 guidance for Annual Recurring Revenue (ARR) to a midpoint of $526.4 million (26% year-over-year growth) and total revenues to a midpoint of $512.4 million (22% year-over-year growth). This positive news initially led to a stock increase of over 10% on the day of the announcement.

2. Strategic Focus on Agentic AI Governance and Multicloud Resilience.

Throughout the period, AvePoint consistently announced significant product advancements aimed at capitalizing on the growing demand for AI data protection and multicloud governance. Key initiatives included the general availability of its AgentPulse Command Center in March 2026, designed for multicloud agentic AI governance. This was followed by major upgrades to the AvePoint Confidence Platform in April and June 2026, expanding capabilities for AI agent lifecycle automation, rapid multicloud recovery, and enhanced data security. These strategic product developments underscore the company's commitment to addressing critical market needs and positioning itself for future growth in the evolving AI and cloud security landscape.

Show more
Updated on 6/26/2026

AvePoint (AVPT) stock has remained largely at the same level since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Performance and Raised Full-Year Guidance.

AvePoint reported robust financial results for its fiscal Q1 2026 (ended March 31, 2026) on May 7, 2026. The company exceeded revenue estimates, with total revenue growing 26% year-over-year to $117.2 million, primarily driven by a 35% increase in SaaS revenue. AvePoint also significantly improved its GAAP operating income to $12.7 million, up from $3.3 million in the prior year period. Following these results, the company raised its full-year 2026 guidance for Annual Recurring Revenue (ARR) to a midpoint of $526.4 million (26% year-over-year growth) and total revenues to a midpoint of $512.4 million (22% year-over-year growth). This positive news initially led to a stock increase of over 10% on the day of the announcement.

2. Strategic Focus on Agentic AI Governance and Multicloud Resilience.

Throughout the period, AvePoint consistently announced significant product advancements aimed at capitalizing on the growing demand for AI data protection and multicloud governance. Key initiatives included the general availability of its AgentPulse Command Center in March 2026, designed for multicloud agentic AI governance. This was followed by major upgrades to the AvePoint Confidence Platform in April and June 2026, expanding capabilities for AI agent lifecycle automation, rapid multicloud recovery, and enhanced data security. These strategic product developments underscore the company's commitment to addressing critical market needs and positioning itself for future growth in the evolving AI and cloud security landscape.

3. Stock Consolidation Amidst Mixed Market Signals and Analyst Price Targets.

Despite the strong fiscal Q1 2026 performance and positive strategic developments, the stock largely consolidated after its initial post-earnings increase in early May 2026. Analysts maintained a generally "Buy" or "Strong Buy" consensus, with median price targets significantly higher than the trading range observed in June 2026 (e.g., a median of $15.00 with a 37.6% implied upside from the June 16, 2026 price of $10.90). However, the stock price stabilized within a tighter range by June 2026, consolidating near $10.78 with an expected weekly trading range of $10.40 to $11.20. This suggests that while the long-term outlook from analysts remained positive, the market had largely absorbed the recent good news, and the modest miss on Q1 EPS by $0.01 or broader market valuation considerations for growth stocks may have tempered sustained upward momentum during the specified period.

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Stock Movement Drivers

Fundamental Drivers

The 1.0% change in AVPT stock from 2/28/2026 to 6/26/2026 was primarily driven by a 26.6% change in the company's Net Income Margin (%).
(LTM values as of)22820266262026Change
Stock Price ($)10.7810.891.0%
Change Contribution By: 
Total Revenues ($ Mil)4194445.8%
Net Income Margin (%)8.3%10.5%26.6%
P/E Multiple66.749.8-25.3%
Shares Outstanding (Mil)2152130.9%
Cumulative Contribution1.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/26/2026
ReturnCorrelation
AVPT1.0% 
Market (SPY)6.6%12.6%
Sector (XLK)30.7%20.6%

Fundamental Drivers

The -16.2% change in AVPT stock from 11/30/2025 to 6/26/2026 was primarily driven by a -96.4% change in the company's P/E Multiple.
(LTM values as of)113020256262026Change
Stock Price ($)13.0010.89-16.2%
Change Contribution By: 
Total Revenues ($ Mil)39444412.6%
Net Income Margin (%)0.5%10.5%2001.0%
P/E Multiple1,399.049.8-96.4%
Shares Outstanding (Mil)212213-0.6%
Cumulative Contribution-16.2%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/26/2026
ReturnCorrelation
AVPT-16.2% 
Market (SPY)7.3%21.2%
Sector (XLK)26.9%28.5%

Fundamental Drivers

The -41.6% change in AVPT stock from 5/31/2025 to 6/26/2026 was primarily driven by a -50.5% change in the company's P/S Multiple.
(LTM values as of)53120256262026Change
Stock Price ($)18.6510.89-41.6%
Change Contribution By: 
Total Revenues ($ Mil)34944427.1%
P/S Multiple10.65.2-50.5%
Shares Outstanding (Mil)198213-7.2%
Cumulative Contribution-41.6%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/26/2026
ReturnCorrelation
AVPT-41.6% 
Market (SPY)25.1%25.7%
Sector (XLK)57.8%27.6%

Fundamental Drivers

The 64.8% change in AVPT stock from 5/31/2023 to 6/26/2026 was primarily driven by a 83.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236262026Change
Stock Price ($)6.6110.8964.8%
Change Contribution By: 
Total Revenues ($ Mil)24244483.6%
P/S Multiple5.05.24.7%
Shares Outstanding (Mil)183213-14.3%
Cumulative Contribution64.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/26/2026
ReturnCorrelation
AVPT64.8% 
Market (SPY)81.3%41.0%
Sector (XLK)125.1%40.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AVPT Return-58%-35%100%101%-16%-25%-31%
Peers Return20%-14%33%47%-8%0%86%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
AVPT Win Rate17%33%75%67%42%33% 
Peers Win Rate64%42%61%58%48%46% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AVPT Max Drawdown-64%-46%-24%-13%-40%-36% 
Peers Max Drawdown-27%-42%-24%-21%-38%-39% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RBRK, CVLT, VRNS, BOX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

How Low Can It Go

EventAVPTS&P 500
2025 US Tariff Shock
  % Loss-30.9%-18.8%
  % Gain to Breakeven44.7%23.1%
  Time to Breakeven39 days79 days
2023 SVB Regional Banking Crisis
  % Loss-20.4%-6.7%
  % Gain to Breakeven25.6%7.1%
  Time to Breakeven44 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-44.3%-24.5%
  % Gain to Breakeven79.4%32.4%
  Time to Breakeven229 days427 days

Compare to RBRK, CVLT, VRNS, BOX

In The Past

AvePoint's stock fell -30.9% during the 2025 US Tariff Shock. Such a loss loss requires a 44.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventAVPTS&P 500
2025 US Tariff Shock
  % Loss-30.9%-18.8%
  % Gain to Breakeven44.7%23.1%
  Time to Breakeven39 days79 days
2023 SVB Regional Banking Crisis
  % Loss-20.4%-6.7%
  % Gain to Breakeven25.6%7.1%
  Time to Breakeven44 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-44.3%-24.5%
  % Gain to Breakeven79.4%32.4%
  Time to Breakeven229 days427 days

Compare to RBRK, CVLT, VRNS, BOX

In The Past

AvePoint's stock fell -30.9% during the 2025 US Tariff Shock. Such a loss loss requires a 44.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About AvePoint (AVPT)

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AvePoint, Inc. (AVPT) is a global provider of data management solutions, primarily for organizations utilizing Microsoft 365. The company operates a Software-as-a-Service (SaaS) platform, delivering a suite of cloud-hosted software products designed to enhance and manage enterprise collaboration systems.

Its core offerings focus on critical extensions for various business platforms, specializing in data protection, governance, and compliance management. AvePoint's software is specifically tailored to address the complexities of managing data within environments like Microsoft 365, Dynamics 365, Salesforce, and Google Workspace.

The company's primary customers are businesses and organizations that rely on popular Microsoft 365 applications, including Microsoft Teams, SharePoint Online, Exchange Online, OneDrive, Project Online, Planner, and Yammer. AvePoint helps these organizations secure, manage, and optimize their digital collaboration and information assets across these widely adopted platforms.

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AI Analysis | Feedback

AvePoint (AVPT)

  • AvePoint is like CrowdStrike (for cybersecurity) but specifically focused on protecting, governing, and ensuring compliance for data and content within Microsoft 365, Salesforce, and Google Workspace.

AI Analysis | Feedback

  • Data Protection Solutions: Software designed for backing up, restoring, and managing data across cloud collaboration platforms.
  • Governance Solutions: Software to establish and enforce policies for data access, usage, and lifecycle within collaboration systems.
  • Compliance Management Solutions: Software to ensure data within cloud platforms adheres to regulatory standards and organizational policies.
  • Microsoft 365 Management Solutions: Specialized software to enhance management, protection, and governance for various Microsoft 365 applications, including Teams, SharePoint, and Exchange Online.
  • Multi-Platform Extensions: Solutions providing data management, protection, governance, and compliance capabilities for Dynamics 365, Salesforce, and Google Workspace.

AI Analysis | Feedback

AvePoint (AVPT) Major Customers

AvePoint (AVPT) primarily sells its Microsoft 365 data management solutions, governance, and compliance software to other companies and organizations (Business-to-Business, B2B model).

Due to the nature of its Software-as-a-Service (SaaS) business model, AvePoint serves a wide array of clients, and specific "major customer" names are generally not publicly disclosed. Revenue is typically derived from a broad base of subscriptions across many organizations rather than being concentrated in a few large accounts.

However, AvePoint's customer base can be broadly categorized into the following types of organizations:

  • Enterprises and Mid-Market Businesses: Companies across diverse industries globally that rely heavily on collaboration and productivity platforms such as Microsoft 365, Dynamics 365, Salesforce, and Google Workspace, and require robust solutions for data protection, governance, and compliance.
  • Public Sector Organizations: This includes various government agencies (federal, state, and local) and educational institutions worldwide that extensively utilize Microsoft 365 and have specific requirements for data security, compliance, and records management.
  • Managed Service Providers (MSPs): AvePoint also provides its solutions to Managed Service Providers, who then leverage these tools to deliver data management, protection, and compliance services to their own diverse range of end-clients.

AI Analysis | Feedback

  • Microsoft (MSFT)
  • Salesforce (CRM)
  • Alphabet (GOOGL)

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Tianyi Jiang, Chief Executive Officer

Dr. Tianyi Jiang co-founded AvePoint in 2001 and has served as Chief Executive Officer since 2019, having previously been Chief Operating Officer until 2009 and then Co-CEO with co-founder Kai Gong until 2020. Prior to co-founding AvePoint, he held software development and architect roles at various financial institutions, including Citadel Investment Group, Moody's Analytics, Lehman Brothers, Deutsche Bank, and Lucent Technologies. AvePoint went public in 2020 through a merger with a special purpose acquisition company (SPAC), Apex Technology Acquisition Corp. He was recognized as Ernst & Young's 2010 Entrepreneur of the Year in New Jersey and the 2023 Globee CEO of the Year in the Information Technology Products or Services category.

Jim Caci, Chief Financial Officer

Jim Caci was appointed Chief Financial Officer of AvePoint in August 2021, having previously served as the company's CFO from 2010 to 2013. He brings over 25 years of experience leading strategic finance operations at both public and privately held SaaS and IT service companies. His prior roles include CFO positions at Brand Value Accelerator and Nicopure Labs.

Brian Brown, Chief Legal and Compliance Officer

Brian Brown serves as AvePoint's Chief Legal and Compliance Officer, Secretary, and is a member of its Board of Directors. He has been with AvePoint since 2004 and has held various leadership positions within the company, including Chief Operating Officer and General Counsel. In his current role, he oversees the company's legal operations and ensures compliance with regulatory requirements.

John Peluso, Chief Technology Officer

John Peluso is AvePoint's Chief Technology Officer, a role in which he aligns the company's technology and product roadmaps with business strategy. He joined AvePoint in November 2010 and has held several leadership positions during his tenure, including Chief Product Officer, Senior Vice President of Product Strategy, Director of Education, and Chief Technology Officer for the Public Sector. Before joining AvePoint, John held various technology and business roles at New Horizons Northeast and New Horizons of Central and Northern NJ.

Dux Raymond Sy, Chief Brand Officer

Dux Raymond Sy is the Chief Brand Officer of AvePoint, responsible for the company's brand image, experience, and promise. Since joining in 2013, he has held leadership roles such as Chief Marketing Officer, Chief Technology Officer for Public Sector, and Vice President of Customer Strategy & Solutions. With over 20 years of business and technology experience, Dux is known for driving organizational transformations, authoring the book "SharePoint for Project Management," and hosting the "#ShiftHappens" podcast. Prior to AvePoint, he held leadership positions at Innovative-e, Inc. and Quantum X.

AI Analysis | Feedback

Here are the key risks to AvePoint's business:

  1. Reliance on Microsoft Ecosystem: AvePoint's business is heavily dependent on the Microsoft ecosystem, particularly Microsoft 365. Any shifts in Microsoft's product strategy, roadmap, pricing, or the introduction of native features that directly compete with AvePoint's offerings (such as enhancements to Microsoft Purview) could diminish AvePoint's market relevance, limit its pricing flexibility, and create significant competitive headwinds.
  2. Intense Competition: AvePoint operates in a highly competitive market for data management, protection, and governance solutions. The company faces competition from numerous vendors, including established players like Commvault, Rubrik, and Varonis. This crowded landscape creates a risk of increased pricing pressure and the potential for competitors to imitate or develop similar solutions, impacting AvePoint's competitive advantage and profitability.
  3. Macroeconomic Headwinds and IT Budget Constraints: Economic instability, market volatility, inflation, and high interest rates can lead to organizations scaling back their IT spending. This could result in delayed or reduced purchasing decisions for AvePoint's solutions, negatively affecting its revenue growth and potentially increasing pressure to lower prices to remain competitive.

AI Analysis | Feedback

The primary emerging threat to AvePoint is the continuous expansion and enhancement of Microsoft's native data protection, governance, and compliance capabilities within its Microsoft 365 ecosystem. As Microsoft invests heavily in and integrates more robust solutions like Microsoft Purview directly into its core offerings, the demand for third-party "extensions" and specialized software solutions from companies like AvePoint could diminish, particularly if Microsoft bundles these features or makes them sufficiently competitive in terms of functionality and cost.

AI Analysis | Feedback

AvePoint (NASDAQ: AVPT) operates within several significant addressable markets related to its Microsoft 365 data management, cloud-hosted collaboration, data protection, governance, and compliance solutions.

Microsoft 365 Data Management and Office 365 Management Software

  • AvePoint's estimated addressable market within the Microsoft 365 ecosystem was $33 billion by 2022, according to IDC.
  • The global market size for Office 365 Management Software was estimated at USD 3.5 billion in 2023 and is projected to grow to USD 10.6 billion by 2032, expanding at a Compound Annual Growth Rate (CAGR) of 12.6%.
  • Another estimate for the global Office 365 management software market size was USD 12.51 billion in 2024, with projections to reach USD 26.98 billion by 2031 at a CAGR of 11.60%.
  • The North American market for Office 365 Management Software is estimated to grow from USD 1.5 billion in 2023 to USD 4.5 billion by 2032, with a CAGR of 12.2%.

Cloud-Based Data Management Services

  • The global cloud-based data management services market was valued at USD 40.7 billion in 2023 and is expected to reach USD 258.4 billion by 2030, growing at a CAGR of 30.4% during 2024–2030.
  • Other estimates place the global market size at USD 43.83 billion in 2024, projected to reach USD 173.63 billion by 2030 (CAGR of 26.8%), and USD 62.18 billion in 2024, forecasted to reach USD 815.18 billion by 2033 (CAGR of 33.10%).
  • North America holds the largest share of the cloud-based data management services market.

Data Governance, Security, and Related Services

  • The total addressable market for data governance, security, and related services is currently valued at US$52.2 billion globally and is projected to grow at a CAGR of 17.4% to reach US$99.0 billion by 2028.
  • Another assessment for the global total addressable market relating to governance, risk and compliance, data replication and protection enterprise SaaS solutions, as well as identity and access management, security analytics, and data integration and intelligence, is estimated at US$81.3 billion in 2024, growing at a CAGR of 14.6% to US$140 billion by 2028.
  • The global data governance market size was valued at USD 4.15 billion in 2024 and is projected to reach USD 23.13 billion by 2033, growing at a CAGR of 21.03%.
  • The global data governance market size was valued at USD 5.38 billion in 2025 and is projected to grow to USD 24.07 billion by 2034, exhibiting a CAGR of 20.50%. North America dominated this market with a 43.50% share in 2025.

Software as a Service (SaaS) Market

  • The global Software as a Service (SaaS) market size was valued at USD 315.68 billion in 2025 and is projected to grow to USD 1,482.44 billion by 2034, exhibiting a CAGR of 18.7%.
  • North America dominated the global SaaS market with a share of 46.9% in 2025.

AI Analysis | Feedback

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AvePoint (AVPT) is expected to drive future revenue growth over the next two to three years through several key strategies:

  1. Continued Growth in SaaS and Annual Recurring Revenue (ARR): AvePoint has consistently demonstrated strong growth in its SaaS revenue and Annual Recurring Revenue (ARR), which are core to its subscription-based model. The company's Q4 2025 results showed SaaS revenue increasing 37% year-over-year to $88.9 million, and total ARR reaching $416.8 million, up 27% year-over-year. AvePoint has provided optimistic guidance for full-year 2026, projecting total ARR between $525.1 million and $531.1 million, representing a 27% growth at the midpoint. This sustained focus on expanding its recurring revenue base is a primary driver.
  2. Expansion into AI-Driven Data Management and Governance: A significant growth opportunity lies in AvePoint's strategic focus on AI governance and data protection. As enterprises increasingly adopt AI, particularly "agentic AI" which can execute workflows autonomously, new data exposure and compliance risks emerge. AvePoint is positioning itself to address these challenges by providing solutions that offer visibility into agent lifecycles, track data access, and manage evolving security postures for AI agents. The company has announced new agentic AI governance and data protection features for its Confidence Platform. This addresses a critical and growing market need as 86% of organizations have reportedly delayed AI rollouts due to security and governance concerns.
  3. Customer Acquisition and Expansion, particularly within Large Enterprises: AvePoint has shown consistent success in expanding its customer base, especially among large enterprise clients. The company reported its 11th consecutive quarter of double-digit net new ARR growth, with net new ARR reaching $26.8 million in Q4 2025, a 48% year-over-year increase. This growth is fueled by successfully onboarding a record number of large enterprise customers and expanding its footprint within existing accounts, indicated by a strong dollar-based net retention rate of 110% in Q4 2025.
  4. Diversification and Expansion into Broader Multi-Cloud/SaaS Environments: While AvePoint maintains a strong foundation in Microsoft 365 data management, it is actively broadening its addressable market by extending its offerings beyond Microsoft's ecosystem. Recent product launches and expanded support for platforms such as monday.com, Docusign, Smartsheet, Google GCP VMs, and other multi-SaaS and IaaS/PaaS sources demonstrate a strategic move to provide data protection, governance, and compliance across a wider array of cloud-hosted collaboration systems. This expansion into a more comprehensive multi-cloud and multi-SaaS environment will open new revenue streams.
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Share Repurchases

  • AvePoint authorized a $150 million share repurchase program in March 2022, which was subsequently renewed and extended for another three years in February 2025 with the remaining authorization at $150 million.
  • As of March 31, 2025, the company had repurchased 14,828,278 shares for $103.87 million under the program announced on March 31, 2022.
  • During 2025, AvePoint repurchased 3.4 million shares for approximately $50 million.

Share Issuance

  • AvePoint became a public company through a SPAC merger with Apex Technology Acquisition Corporation in June 2021, generating approximately $492 million in gross proceeds, including a $140 million private investment in public equity (PIPE).
  • The company issued a net of $136.1 million in new stock in the twelve months ended December 31, 2025.
  • In September 2025, 13,290,360 shares of common stock were offered by selling stockholders as part of its dual listing on the Singapore Exchange; AvePoint did not receive any proceeds from this specific offering.

Inbound Investments

  • In January 2020, AvePoint announced a $200 million Series C Preferred Equity investment led by TPG Sixth Street Partners, with additional participation from Goldman Sachs.
  • In September 2023, 65 Equity Partners made an anchor investment by purchasing 16,666,600 AvePoint common shares, representing approximately 9.0% of the total outstanding common stock, from Sixth Street.

Outbound Investments

  • In January 2025, AvePoint entered into an agreement to acquire Ydentic, a SaaS company specializing in centralized multi-tenant management for Microsoft Managed Services Providers (MSPs), to enhance its Elements MSP Platform.

Capital Expenditures

  • AvePoint reported $3.7 million in capital expenditures for the twelve months ended December 31, 2025.

Better Bets vs. AvePoint (AVPT)

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Peer Comparisons

Peers to compare with:

Financials

AVPTRBRKCVLTVRNSBOXMedian
NameAvePoint Rubrik CommVaul.Varonis .Box  
Mkt Price10.8972.33140.0440.3026.4640.30
Mkt Cap2.314.76.04.73.74.7
Rev LTM4441,4251,1846601,2071,184
Op Inc LTM42-305106-14710442
FCF LTM104278237116326237
FCF 3Y Avg73111213100309111
CFO LTM109325245134370245
CFO 3Y Avg77142219113341142

Growth & Margins

AVPTRBRKCVLTVRNSBOXMedian
NameAvePoint Rubrik CommVaul.Varonis .Box  
Rev Chg LTM27.1%45.7%18.9%15.2%9.5%18.9%
Rev Chg 3Y Avg22.5%-14.8%11.0%6.3%12.9%
Rev Chg Q26.0%39.0%13.3%26.9%10.7%26.0%
QoQ Delta Rev Chg LTM5.8%8.3%3.2%5.9%2.5%5.8%
Op Inc Chg LTM211.1%39.3%19.0%-29.4%53.5%39.3%
Op Inc Chg 3Y Avg174.9%-26.9%-9.2%33.9%30.4%
Op Mgn LTM9.6%-21.4%8.9%-22.3%8.6%8.6%
Op Mgn 3Y Avg3.4%-70.7%9.1%-22.1%6.9%3.4%
QoQ Delta Op Mgn LTM1.7%4.8%0.4%1.2%1.6%1.6%
CFO/Rev LTM24.6%22.8%20.7%20.4%30.6%22.8%
CFO/Rev 3Y Avg20.8%10.8%21.9%19.4%30.4%20.8%
FCF/Rev LTM23.4%19.5%20.0%17.5%27.0%20.0%
FCF/Rev 3Y Avg19.4%7.8%21.4%17.2%27.6%19.4%

Valuation

AVPTRBRKCVLTVRNSBOXMedian
NameAvePoint Rubrik CommVaul.Varonis .Box  
Mkt Cap2.314.76.04.73.74.7
P/S5.210.35.17.13.15.2
P/Op Inc54.7-48.357.1-31.735.335.3
P/EBIT54.7-57.962.9-42.229.829.8
P/E49.8-51.085.3-35.829.529.5
P/CFO21.345.324.634.710.024.6
Total Yield2.0%-2.0%1.2%-2.8%3.4%1.2%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg3.5%-4.8%2.8%8.0%4.1%
D/E0.00.10.20.10.10.1
Net D/E-0.2-0.00.0-0.10.0-0.0

Returns

AVPTRBRKCVLTVRNSBOXMedian
NameAvePoint Rubrik CommVaul.Varonis .Box  
1M Rtn8.4%9.9%30.6%33.3%7.3%9.9%
3M Rtn15.4%58.2%84.1%90.0%14.7%58.2%
6M Rtn-20.9%-8.0%9.1%20.0%-12.0%-8.0%
12M Rtn-43.3%-21.5%-20.0%-20.9%-22.5%-21.5%
3Y Rtn98.4%95.5%98.9%60.0%-9.1%95.5%
1M Excs Rtn10.6%12.1%32.8%35.5%9.5%12.1%
3M Excs Rtn-2.2%38.4%59.0%71.1%-2.5%38.4%
6M Excs Rtn-26.5%-14.6%4.0%14.8%-17.5%-14.6%
12M Excs Rtn-62.8%-40.8%-40.0%-40.4%-43.2%-40.8%
3Y Excs Rtn12.7%27.0%28.8%-11.0%-75.2%12.7%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment419330272  
Maintenance   1721
Services   4132
Software-as-a-service (SaaS)   11786
Term license and support   5751
Perpetual license    2
Total419330272232192


Net Income by Segment
$ Mil202520242023
Single Segment35-29-22
Total35-29-22


Price Behavior

Price Behavior
Market Price$10.89 
Market Cap ($ Bil)2.3 
First Trading Date11/05/2019 
Distance from 52W High-43.6% 
   50 Days200 Days
DMA Price$10.38$12.10
DMA Trenddownup
Distance from DMA4.9%-10.0%
 3M1YR
Volatility50.7%45.7%
Downside Capture69.38153.67
Upside Capture85.4950.90
Correlation (SPY)13.5%24.8%
AVPT Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.190.240.540.901.091.14
Up Beta0.47-0.57-0.030.341.181.00
Down Beta-2.63-2.51-0.300.380.851.00
Up Capture132%103%80%88%47%192%
Bmk +ve Days13283667141432
Stock +ve Days14263466131391
Down Capture-34%141%121%156%145%107%
Bmk -ve Days7132757109318
Stock -ve Days6142857117349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVPT
AVPT-43.4%45.7%-1.11-
Sector ETF (XLK)46.1%23.5%1.5526.8%
Equity (SPY)21.2%12.4%1.2624.5%
Gold (GLD)21.8%27.7%0.70-2.7%
Commodities (DBC)21.8%18.6%0.92-4.4%
Real Estate (VNQ)16.1%13.6%0.857.8%
Bitcoin (BTCUSD)-44.7%42.5%-1.2720.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVPT
AVPT-0.8%46.8%0.14-
Sector ETF (XLK)21.5%25.3%0.7543.2%
Equity (SPY)13.4%17.1%0.6143.7%
Gold (GLD)17.8%18.3%0.793.8%
Commodities (DBC)7.4%19.5%0.286.3%
Real Estate (VNQ)3.4%18.9%0.0829.3%
Bitcoin (BTCUSD)10.7%54.0%0.3924.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVPT
AVPT1.0%46.1%0.20-
Sector ETF (XLK)25.0%24.7%0.9136.5%
Equity (SPY)15.2%18.0%0.7234.7%
Gold (GLD)11.8%16.1%0.604.1%
Commodities (DBC)5.9%18.0%0.266.9%
Real Estate (VNQ)5.6%20.7%0.2321.5%
Bitcoin (BTCUSD)54.6%66.4%0.9518.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity12.4 Mil
Short Interest: % Change Since 5312026-1.2%
Average Daily Volume2.4 Mil
Days-to-Cover Short Interest5.1 days
Basic Shares Quantity213.3 Mil
Short % of Basic Shares5.8%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/202610.5%-5.1%3.5%
2/26/20263.9%8.8%-9.1%
11/6/2025-12.7%-6.0%-1.6%
8/7/2025-18.1%-16.2%-5.3%
5/8/20258.3%12.6%12.1%
2/27/2025-12.5%-14.8%-14.4%
11/7/202410.5%17.4%37.5%
8/8/2024-1.1%8.1%15.7%
...
SUMMARY STATS   
# Positive121110
# Negative8910
Median Positive10.5%12.6%14.0%
Median Negative-11.0%-11.6%-7.6%
Max Positive17.7%19.9%40.9%
Max Negative-18.1%-20.2%-30.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/202610.5%-5.1%3.5%
2/26/20263.9%8.8%-9.1%
11/6/2025-12.7%-6.0%-1.6%
8/7/2025-18.1%-16.2%-5.3%
5/8/20258.3%12.6%12.1%
2/27/2025-12.5%-14.8%-14.4%
11/7/202410.5%17.4%37.5%
8/8/2024-1.1%8.1%15.7%
5/9/20240.6%7.5%12.3%
2/29/20240.1%-4.6%-3.2%
11/9/202310.5%10.5%9.3%
8/9/20234.0%13.4%17.0%
5/10/202311.7%18.6%40.9%
3/9/2023-14.6%-17.8%-18.4%
11/10/202217.7%19.9%20.5%
8/11/2022-7.0%-5.4%-13.5%
5/12/202211.1%17.9%10.7%
3/17/202211.9%4.5%-6.2%
11/15/2021-9.6%-20.2%-30.5%
8/10/2021-6.2%-11.6%-2.5%
SUMMARY STATS   
# Positive121110
# Negative8910
Median Positive10.5%12.6%14.0%
Median Negative-11.0%-11.6%-7.6%
Max Positive17.7%19.9%40.9%
Max Negative-18.1%-20.2%-30.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/28/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/29/2024null
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/28/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/29/2024null
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202205/16/202210-Q
12/31/202103/31/202210-K
09/30/202111/15/202110-Q

Recent Forward Guidance

Updated 5/31/2026

Latest: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Total Revenue120.30 Mil121.30 Mil122.30 Mil   
Q2 2026 Non-GAAP Operating Income18.70 Mil19.20 Mil19.70 Mil   
2026 Total ARR523.40 Mil526.40 Mil529.40 Mil-0.3% LoweredGuidance: 528.10 Mil for 2026
2026 Total Revenue509.40 Mil512.40 Mil515.40 Mil-0.2% LoweredGuidance: 513.40 Mil for 2026
2026 Non-GAAP Operating Income91.50 Mil93.00 Mil94.50 Mil-1.7% LoweredGuidance: 94.60 Mil for 2026

Prior: Q4 2025 Earnings Reported 2/26/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Revenue115.00 Mil116.00 Mil117.00 Mil4.5% RaisedGuidance: 111.00 Mil for Q4 2025
Q1 2026 Non-GAAP Operating Income19.50 Mil20.00 Mil20.50 Mil-7.0% LoweredGuidance: 21.50 Mil for Q4 2025
2026 Total ARR525.10 Mil528.10 Mil531.10 Mil27.0% Higher NewGuidance: 415.80 Mil for 2025
2026 Revenue509.40 Mil513.40 Mil517.40 Mil23.5% Higher NewGuidance: 415.80 Mil for 2025
2026 Non-GAAP Operating Income92.60 Mil94.60 Mil96.60 Mil21.6% Higher NewGuidance: 77.80 Mil for 2025

Insider Activity

Updated 6/16/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell114202613.3927,998374,893199,787,745Form
2Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell114202613.6632,002437,147204,198,778Form
3Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1210202513.3810,465140,022200,441,338Form
4Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1210202513.4649,535666,741201,780,650Form
5Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1105202513.8018,321252,830207,561,218Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell114202613.3927,998374,893199,787,745Form
2Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell114202613.6632,002437,147204,198,778Form
3Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1210202513.3810,465140,022200,441,338Form
4Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1210202513.4649,535666,741201,780,650Form
5Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1105202513.8018,321252,830207,561,218Form
6Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1105202513.9641,679581,839210,223,486Form
7Brown, Brian MichaelChief Legal OfficerDirectSell1028202515.031,84827,7759,497,352Form
8Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1008202515.084,16762,838227,718,073Form
9Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1008202515.3155,833854,803231,255,024Form
10Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell1002202514.8428,050416,262224,984,313Form
11Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell930202515.3431,950490,113232,994,934Form
12Brown, Brian MichaelChief Legal OfficerDirectSell925202515.5635,000544,6199,861,351Form
13Ho, John Chi ON Held by Balmoral Blue LimitedSell922202515.21650,0009,886,50056,774,048Form
14Gong, XunkaiExecutive ChairmanHeld by trusts and LLCsSell922202515.212,068,96631,468,973231,506,360Form
15Jiang, TianyiChief Executive OfficerHeld by trusts and LLCsSell922202515.212,068,96631,468,973210,534,584Form
16Caci, JamesChief Financial OfficerDirectSell922202515.21216,0003,285,3603,240,186Form
17Brown, Brian MichaelChief Legal OfficerHeld by Brian M. Brown Revocable TrustSell922202515.21500,0007,605,0009,738,780Form
18Brown, Brian MichaelChief Legal OfficerDirectSell827202515.4735,000541,45017,874,703Form
19Brown, Brian MichaelChief Legal OfficerDirectSell725202518.7435,000655,90022,308,902Form
20Brown, Brian MichaelChief Legal OfficerDirectSell624202518.2335,000638,05022,339,826Form
21Epstein, Jeff DirectSell604202518.77500,0009,385,00021,733,614Form
Core Cache Last Updated: 6/26/2026