Avepoint, Inc. income statement
In fiscal 2025, Avepoint, Inc. reported revenue of $419m, up 26.9% on the year before, operating income of $33.0m (a 7.9% margin) and net income of $34.8m, or $0.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 116 | 152 | 192 | 232 | 272 | 330 | 419 | 466 |
| Cost of revenue | 36 | 40 | 53 | 66 | 77 | 83 | 109 | 124 |
| Gross profit | 80 | 111 | 139 | 166 | 194 | 248 | 311 | 342 |
| Research and development | 11 | 12 | 32 | 31 | 36 | 49 | 53 | 57 |
| Selling, general and administrative | — | 5 | — | — | — | — | — | — |
| Selling and marketing | 62 | — | 101 | 111 | 112 | 123 | 144 | 161 |
| General and administrative | 25 | — | 59 | 65 | 61 | 69 | 81 | 78 |
| Operating income | −19 | −15 | −53 | −41 | −15 | 7 | 33 | 46 |
| Net interest income | — | — | 0 | −0 | 0 | 0 | 5 | 2 |
| Provision for credit losses | — | — | — | — | 0 | 0 | 4 | — |
| Income before tax | −20 | −16 | −33 | −34 | −19 | −24 | 41 | 57 |
| Income tax | 1 | 1 | 0 | 5 | 3 | 5 | 5 | −14 |
| Net income | −20 | −17 | −35 | −42 | −22 | −29 | 35 | 71 |
| Diluted EPS | −$1.72 | −$0.57 | −$0.48 | — | −$0.12 | −$0.16 | $0.15 | $0.31 |
| Diluted shares (average) | 74m | 90m | 142m | 182m | 182m | 184m | 229m | 228m |
| EBITDA | −18 | −14 | −52 | −39 | −13 | 10 | 36 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 89 | 89 | 93 | 102 | 110 | 115 | 117 | 124 |
| Cost of revenue | 21 | 22 | 24 | 26 | 28 | 30 | 32 | 33 |
| Gross profit | 68 | 67 | 69 | 76 | 82 | 84 | 85 | 91 |
| Research and development | 13 | 13 | 13 | 13 | 14 | 13 | 14 | 17 |
| Selling and marketing | 30 | 32 | 35 | 36 | 36 | 38 | 42 | 46 |
| General and administrative | 17 | 17 | 19 | 20 | 24 | 19 | 17 | 19 |
| Operating income | 8 | 5 | 3 | 7 | 8 | 15 | 13 | 10 |
| Net interest income | 0 | 0 | −0 | 1 | 2 | 1 | 0 | −1 |
| Provision for credit losses | — | 0 | — | — | — | 0 | — | — |
| Income before tax | 3 | −19 | 5 | 7 | 13 | 16 | 17 | 12 |
| Income tax | 0 | −1 | 1 | 4 | −0 | 0 | 1 | −16 |
| Net income | 3 | −17 | 3 | 3 | 13 | 16 | 15 | 28 |
| Diluted EPS | $0.01 | −$0.09 | $0.02 | $0.01 | $0.06 | $0.07 | $0.07 | $0.12 |
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