AvePoint (AVPT) Cost of Revenue (2020 - 2026)
AvePoint (AVPT) posted quarterly Cost of Revenue of $31.9 million for Q1 2026, up 672.49% year-over-year from $4.1 million in Q1 2025, and up 149.84% quarter-over-quarter from -$63.9 million in Q4 2025.
AvePoint (AVPT) Cost of Revenue (2020 - 2026) Analysis & Trends
AvePoint (AVPT) has reported Cost of Revenue for 7 consecutive years, with $31.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 672.49% year-over-year to $31.9 million; the TTM figure through Mar 2026 stood at -$240000.0 (down 100.48% YoY), while the FY2025 annual figure was $14.6 million, down 82.34% from the prior year.
- Cost of Revenue advanced to $31.9 million in Q1 2026 per AVPT's latest filing, from -$63.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $31.9 million in Q1 2026 and bottomed at -$63.9 million in Q4 2025.
- Historically, Cost of Revenue has averaged $7.7 million across 5 years, with a median of $17.1 million in 2022.
- Annual changes were most pronounced in 2025 — Cost of Revenue sank 391.71% — and 2026, when it soared 672.49%.
- AvePoint's Cost of Revenue stood at $18.8 million in 2022, then plunged by 341.84% to -$45.4 million in 2023, then soared by 148.24% to $21.9 million in 2024, then tumbled by 391.71% to -$63.9 million in 2025, then jumped by 149.84% to $31.9 million in 2026.
- Business Quant data shows AVPT's Cost of Revenue at $31.9 million in Q1 2026, -$63.9 million in Q4 2025, and $28.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | AvePoint | 2.80 Bn | 2.38 Bn | 91.01 Mn | 33.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.49 Mn |
| Jun 30, 2026 | 33.49 Mn |
| Mar 31, 2026 | 31.87 Mn |
| Mar 31, 2026 | 31.87 Mn |
| Dec 31, 2025 | -63.95 Mn |
| Dec 31, 2025 | -63.95 Mn |
| Sep 30, 2025 | 28.15 Mn |
| Sep 30, 2025 | 28.15 Mn |
| Jun 30, 2025 | 3.69 Mn |
| Jun 30, 2025 | 3.69 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Dec 31, 2024 | 21.92 Mn |
| Dec 31, 2024 | 21.92 Mn |
| Sep 30, 2024 | 21.22 Mn |
| Sep 30, 2024 | 21.22 Mn |
| Jun 30, 2024 | 3.24 Mn |
| Jun 30, 2024 | 3.24 Mn |
| Mar 31, 2024 | 2.74 Mn |
| Mar 31, 2024 | 2.74 Mn |