AvePoint, Inc. (AVPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 117.24M | 114.69M | 109.73M | 102.02M | 93.06M | 89.18M | 88.8M | 77.96M | 74.53M | 74.62M | 72.76M | 64.87M | 59.57M | 63.61M | 62.74M | 55.7M | 50.29M | 53.84M | 53.93M | 45.34M |
| Revenue Growth % | 25.98% | 28.6% | 23.56% | 30.86% | 24.86% | 19.51% | 22.05% | 20.18% | 25.12% | 17.32% | 15.97% | 16.46% | 18.45% | 18.15% | 16.34% | 22.84% | 29.62% | 16.73% | 35.52% | 37.59% |
| Cost of Goods Sold | 31.87M | 30.28M | 28.14M | 26.48M | 23.9M | 21.92M | 21.22M | 18.94M | 20.44M | 19.62M | 20.16M | 19.8M | 17.89M | 18.79M | 17.1M | 15.61M | 15.14M | 14.94M | 15.22M | 11.72M |
| COGS % of Revenue | 27.19% | 26.4% | 25.65% | 25.96% | 25.68% | 24.58% | 23.9% | 24.3% | 27.43% | 26.29% | 27.7% | 30.52% | 30.03% | 29.54% | 27.25% | 28.03% | 30.11% | 27.76% | 28.23% | 25.85% |
| Gross Profit | 85.37M | 84.41M | 81.58M | 75.54M | 69.17M | 67.26M | 67.58M | 59.02M | 54.09M | 55.01M | 52.6M | 45.07M | 41.68M | 44.82M | 45.64M | 40.09M | 35.15M | 38.89M | 38.7M | 33.62M |
| Gross Margin % | 72.81% | 73.6% | 74.35% | 74.04% | 74.32% | 75.42% | 76.1% | 75.7% | 72.57% | 73.71% | 72.3% | 69.48% | 69.97% | 70.46% | 72.75% | 71.97% | 69.89% | 72.24% | 71.77% | 74.15% |
| Gross Profit Growth % | 23.43% | 25.49% | 20.72% | 27.99% | 27.87% | 22.28% | 28.48% | 30.94% | 29.77% | 22.73% | 15.26% | 12.43% | 18.58% | 15.23% | 17.92% | 19.23% | 25.44% | 9.47% | 31.03% | - |
| Operating Expenses | 72.64M | 69.88M | 73.45M | 68.44M | 65.88M | 62.41M | 59.93M | 61.16M | 57.29M | 54.13M | 52.92M | 52.16M | 50.51M | 52.87M | 53.07M | 51.83M | 48.7M | 46.57M | 67.39M | 44.83M |
| OpEx % of Revenue | 61.96% | 60.93% | 66.94% | 67.09% | 70.79% | 69.98% | 67.49% | 78.45% | 76.87% | 72.53% | 72.73% | 80.4% | 84.79% | 83.11% | 84.59% | 93.05% | 96.83% | 86.49% | 124.97% | 98.86% |
| Selling, General & Admin | 58.88M | 59.83M | 56.58M | 55.48M | 53.19M | 49.54M | 47.09M | 48.65M | 46.81M | 44.72M | 44.27M | 42.88M | 41.5M | 44.46M | 43.85M | 43.75M | 42.81M | 42.06M | 47.42M | 40.66M |
| SG&A % of Revenue | 50.22% | 52.16% | 51.56% | 54.39% | 57.15% | 55.55% | 53.03% | 62.41% | 62.8% | 59.93% | 60.85% | 66.11% | 69.66% | 69.89% | 69.9% | 78.55% | 85.12% | 78.12% | 87.93% | 89.68% |
| Research & Development | 13.76M | 13M | 13.94M | 12.96M | 12.69M | 12.87M | 12.84M | 12.5M | 10.49M | 9.41M | 8.64M | 9.27M | 9.02M | 7.51M | 9.21M | 8.08M | 6.4M | 4.13M | 19.65M | 3.88M |
| R&D % of Revenue | 11.74% | 11.34% | 12.7% | 12.7% | 13.63% | 14.43% | 14.46% | 16.04% | 14.07% | 12.61% | 11.88% | 14.29% | 15.13% | 11.81% | 14.69% | 14.51% | 12.73% | 7.67% | 36.43% | 8.56% |
| Other Operating Expenses | 0 | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900K | 0 | 0 | -512K | 375K | 326K | 279K |
| Operating Income | 12.73M | 14.53M | 8.13M | 7.09M | 3.29M | 4.85M | 7.65M | -2.14M | -3.2M | 878K | -313K | -7.08M | -8.83M | -8.05M | -7.43M | -11.74M | -13.55M | -7.67M | -28.68M | -11.2M |
| Operating Margin % | 10.86% | 12.66% | 7.41% | 6.95% | 3.53% | 5.44% | 8.62% | -2.74% | -4.29% | 1.18% | -0.43% | -10.92% | -14.83% | -12.65% | -11.84% | -21.08% | -26.94% | -14.25% | -53.19% | -24.71% |
| Operating Income Growth % | 287.19% | 199.3% | 6.23% | 431.81% | 202.69% | 452.73% | 2544.73% | 69.82% | 63.76% | 110.91% | 95.79% | 39.67% | 34.81% | -4.9% | 74.11% | -4.82% | -128.43% | 28.92% | -376.26% | -4146.18% |
| EBITDA | 14.38M | 16.09M | 9.64M | 8.71M | 4.8M | 6.21M | 9.05M | -810K | -1.91M | 2.13M | 877K | -5.97M | -7.7M | -6.81M | -4.66M | -11.11M | -11.89M | -7.3M | -28.36M | -10.92M |
| EBITDA Margin % | 12.27% | 14.03% | 8.79% | 8.54% | 5.16% | 6.97% | 10.19% | -1.04% | -2.56% | 2.85% | 1.21% | -9.2% | -12.92% | -10.7% | -7.42% | -19.95% | -23.63% | -13.55% | -52.59% | -24.09% |
| EBITDA Growth % | 199.75% | 158.86% | 6.59% | 1175.19% | 351.73% | 192.33% | 931.81% | 86.43% | 75.24% | 131.22% | 118.84% | 46.29% | 35.23% | 6.69% | 83.59% | -1.74% | -109.52% | 30.73% | -392% | -4040.44% |
| D&A (Non-Cash Add-back) | 1.66M | 1.56M | 1.52M | 1.61M | 1.51M | 1.36M | 1.4M | 1.33M | 1.29M | 1.25M | 1.19M | 1.11M | 1.13M | 1.24M | 2.77M | 629K | 1.66M | 375K | 326K | 279K |
| EBIT | 12.73M | 15.97M | 12.81M | 7.09M | 3.29M | 4.85M | 7.65M | -2.14M | -3.2M | 878K | -313K | -7.08M | -8.83M | -6.62M | -6.45M | -9.75M | -10.74M | -7.67M | -28.68M | -11.2M |
| Net Interest Income | 0 | 1.11M | 2.38M | 1.37M | -299K | 50K | 45K | 37K | 34K | -817K | 232K | 286K | 325K | -90K | 16K | 20K | 14K | 22K | 56K | 11K |
| Interest Income | 0 | 1.11M | 2.38M | 1.37M | 0 | 50K | 45K | 37K | 34K | 796K | 232K | 286K | 325K | 0 | 16K | 20K | 14K | 22K | 56K | 11K |
| Interest Expense | 0 | 0 | 0 | 0 | 299K | 0 | 0 | 0 | 0 | 1.61M | 0 | 0 | 0 | 90K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 3.81M | 1.44M | 4.68M | -240K | 1.59M | -23.46M | -4.54M | -6.97M | 3.4M | -1.69M | -1.08M | -2.13M | 1.63M | 1.34M | 977K | 2M | 2.8M | 7.27M | 13.41M | 73K |
| Pretax Income | 16.54M | 15.97M | 12.81M | 6.85M | 4.87M | -18.61M | 3.11M | -9.11M | 203K | -809K | -1.39M | -9.21M | -7.2M | -6.71M | -6.45M | -9.75M | -10.74M | -399K | -15.28M | -11.13M |
| Pretax Margin % | 14.11% | 13.92% | 11.67% | 6.72% | 5.24% | -20.86% | 3.5% | -11.68% | 0.27% | -1.08% | -1.91% | -14.2% | -12.09% | -10.55% | -10.28% | -17.5% | -21.36% | -0.74% | -28.33% | -24.55% |
| Income Tax | 1.29M | 323K | -210K | 3.96M | 1.31M | -1.43M | 183K | 3.83M | 2.16M | -5.25M | 2.84M | 3.31M | 1.98M | 4.94M | 336K | -546K | 309K | 7.09M | -5.52M | -73K |
| Effective Tax Rate % | 7.78% | 2.02% | -1.64% | 57.79% | 26.82% | 7.67% | 5.88% | -42.05% | 1062.56% | 648.33% | -204.54% | -35.96% | -27.46% | -73.63% | -5.21% | 5.6% | -2.88% | -1776.94% | 36.14% | 0.66% |
| Net Income | 15.25M | 15.64M | 13.02M | 2.7M | 3.44M | -17.18M | 2.62M | -12.81M | -1.72M | 4.27M | -4.21M | -12.59M | -9.2M | -12.72M | -7.41M | -9.83M | -11.67M | -8.05M | -10.27M | -11.56M |
| Net Margin % | 13.01% | 13.64% | 11.86% | 2.64% | 3.7% | -19.27% | 2.95% | -16.43% | -2.3% | 5.72% | -5.79% | -19.4% | -15.44% | -20% | -11.81% | -17.65% | -23.2% | -14.95% | -19.05% | -25.49% |
| Net Income Growth % | 343.31% | 191.03% | 396.83% | 121.06% | 300.47% | -502.55% | 162.2% | -1.78% | 81.34% | 133.56% | 43.17% | -28.04% | 21.19% | -58% | 27.86% | 14.94% | -118.58% | 33.61% | -5726.61% | 19.56% |
| Net Income (Continuing) | 15.25M | 15.64M | 13.02M | 2.89M | 3.57M | -17.18M | 2.93M | -12.94M | -1.95M | 4.44M | -4.23M | -12.53M | -9.18M | -11.65M | -6.79M | -9.2M | -11.05M | -7.49M | -9.76M | -11.06M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 1.95M | 1.79M | 1.9M | 1.5M | 1.63M | 14.24M | 13.99M | 14.01M | 14.06M | 14.01M | 12.68M | 12.17M | 5.82M | 5.21M | 4.63M | 0 |
| EPS (Diluted) | 0.07 | 0.07 | 0.06 | 0.01 | 0.02 | -0.09 | 0.01 | -0.07 | -0.01 | 0.02 | -0.02 | -0.07 | -0.05 | -0.07 | -0.04 | -0.05 | -0.06 | -0.04 | -0.05 | -0.20 |
| EPS Growth % | 357.52% | 173.51% | 293.66% | 116.83% | - | -496.98% | 161.21% | -2.19% | 81.11% | 133.14% | 43.41% | -27.27% | 21.16% | -58.37% | 25.05% | 73.05% | 18.62% | 83% | - | 37.5% |
| EPS (Basic) | 0.07 | 0.07 | 0.06 | 0.01 | 0.02 | -0.09 | 0.01 | -0.07 | -0.01 | 0.02 | -0.02 | -0.07 | -0.05 | -0.07 | -0.04 | -0.05 | -0.06 | -0.04 | -0.05 | -0.20 |
| Diluted Shares Outstanding | 226.11M | 231.22M | 232.9M | 229.18M | 224.57M | 186.6M | 183.95M | 182.8M | 181.5M | 182.26M | 181.77M | 183.31M | 182.82M | 181.79M | 180.73M | 182.49M | 182.83M | 182.13M | 176.62M | 180.27M |
| Basic Shares Outstanding | 213.27M | 215.12M | 212M | 205.07M | 197.92M | 183.72M | 183.95M | 182.8M | 181.5M | 181.15M | 181.77M | 183.31M | 182.82M | 181.79M | 180.73M | 182.49M | 182.83M | 182.13M | 176.62M | 180.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |