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| Date | Value |
|---|---|
| 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 |