Software-as-a- Service (SaaS) remained AvePoint’s largest revenue driver, growing 35% y-o-y and 5% q-o-q to US$93.4 million. This lifted its share of total revenue to a record 80%.
DBS Group Research analyst Sachin Mittal has kept his “buy” call and $20 target price on AvePoint, after what he calls “a steady quarter” for the data management and governance software provider.
AvePoint’s 1QFY2026 results were broadly in line, supported by demand for AI governance and resiliency solutions. Total revenue rose 26% y-o-y and 2% q-o-q to US$117.2 million ($148.7 million), about 1% above consensus estimates and at the higher end of management’s guidance.
