New Operational Efficiency Command Center also introduced to quantify the impact of data governance and promote security and complianceJERSEY CITY, N.J., Oct. 14, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT; SGX: AVP), the global leader in data security, governance and resilience, today announced new multi-SaaS data protection solutions and Copilot Studio Agent visibility within the AvePoint Confidence Platform, as well as the launch of a new Operational Efficiency Command Center in the Confidence Platf ...

Core Insights - AvePoint achieved total quarterly revenue exceeding $100 million for the first time, with second quarter total revenue reaching $102.0 million, reflecting a 31% year-over-year growth [1][5] - The company's second quarter SaaS revenue was $77.3 million, marking a 44% year-over-year increase [1][5] - AvePoint's total Annual Recurring Revenue (ARR) stood at $367.6 million, representing a 27% year-over-year growth [1][5] Financial Performance - Gross profit for the second quarter was $75.5 million, with a GAAP gross margin of 74.0%, slightly down from 75.7% in the same quarter of the previous year [5][26] - GAAP operating income was $7.1 million, compared to a loss of $(2.1) million in the second quarter of 2024, resulting in a GAAP operating margin of 7.0% [5][26] - Non-GAAP operating income for the second quarter was $18.8 million, with a non-GAAP operating margin of 18.4%, up from 11.2% in the prior year [5][26] Business Highlights - The AvePoint Confidence Platform was expanded with new features including Risk Posture, Optimization & ROI, and advanced AI security capabilities [5] - The company was recognized in Inc.'s Best Workplaces list for the second consecutive year, highlighting its commitment to creating exceptional workplace culture [5] - AvePoint aims to reach $1 billion in ARR by 2029, indicating strong growth potential and strategic focus [2][5] Financial Outlook - The company raised its full-year guidance for revenue and non-GAAP operating income, reflecting strong second quarter performance [6] - For the full year 2025, total revenue is expected to be between $406.6 million and $410.6 million, representing a year-over-year growth of 23% to 24% [11]