AvePoint (AVPT) Cost of Revenue (2020 - 2026)

AvePoint (AVPT) posted quarterly Cost of Revenue of $42.0 million for Q1 2026, up 75.78% YoY from $23.9 million in Q1 2025, and up 38.75% sequentially from $30.3 million in Q4 2025.

AvePoint (AVPT) Cost of Revenue (2020 - 2026) Analysis & Trends

AvePoint has disclosed Cost of Revenue across 7 years of filings, most recently posting $42.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 75.78% year-over-year to $42.0 million; the TTM figure through Mar 2026 stood at $143.7 million (up 29.86% YoY), while the FY2025 annual figure was $108.8 million, down 11.45% from the prior year.
  • Cost of Revenue climbed to $42.0 million in Q1 2026, from $30.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for AVPT reached as high as $62.3 million in Q4 2024 and fell as low as -$15.7 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $26.9 million (2023), against an average of $26.4 million.
  • Annual changes were most pronounced in 2022 — Cost of Revenue plunged 202.91% — and 2025, when it soared 1005.47%.
  • A 5-year view of Cost of Revenue shows it stood at -$15.7 million in 2022, then soared by 445.05% to $54.3 million in 2023, then increased by 14.74% to $62.3 million in 2024, then slumped by 51.37% to $30.3 million in 2025, then soared by 38.75% to $42.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $42.0 million, $30.3 million, and $35.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 AvePoint 2.44 Bn 2.00 Bn 85.37 Mn 42.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.01 Mn
Mar 31, 2026 42.01 Mn
Dec 31, 2025 30.28 Mn
Dec 31, 2025 30.28 Mn
Sep 30, 2025 35.59 Mn
Sep 30, 2025 35.59 Mn
Jun 30, 2025 35.77 Mn
Jun 30, 2025 35.77 Mn
Mar 31, 2025 23.90 Mn
Mar 31, 2025 23.90 Mn
Dec 31, 2024 62.26 Mn
Dec 31, 2024 62.26 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 29.94 Mn
Mar 31, 2024 29.94 Mn
Dec 31, 2023 54.26 Mn
Dec 31, 2023 54.26 Mn