AvePoint Posts Strong Q1 2026 Growth, Raises Full-Year Guidance

Event summary

  • AvePoint reported Q1 2026 revenue of $117.2M, up 26% YoY, with SaaS revenue growing 35% YoY to $93.4M.
  • Total ARR reached $435.2M, a 26% YoY increase, with a dollar-based net retention rate of 111%.
  • GAAP operating margin expanded by 700 basis points to 10.9%, with non-GAAP operating margin at 17.5%.
  • Launched AgentPulse Command Center for AI agent monitoring and governance across Microsoft 365 and Google Cloud.
  • Renewed share repurchase program for up to $150M over three years.

The big picture

AvePoint's Q1 2026 results highlight the growing demand for AI-ready data protection solutions, with strong SaaS growth and margin expansion. The company's strategic focus on real-time visibility and automated governance positions it well in the rapidly evolving AI risk management landscape. With a renewed share repurchase program and raised full-year guidance, AvePoint is signaling confidence in its ability to capitalize on the durable opportunity in AI data protection.

What we're watching

SaaS Scaling
Whether AvePoint can sustain its 35% YoY SaaS revenue growth amid FX headwinds.
AI Governance
How the AgentPulse Command Center adoption will impact competitive positioning in AI data protection.
Operational Efficiency
The pace at which AvePoint can maintain its 700 basis point GAAP operating margin expansion.

Related topics

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