Record Revenue Achievement
AvePoint surpassed $100 million in quarterly revenue for the first time, reflecting a 31% year-over-year growth and marking a significant milestone on the path to $1 billion in ARR by 2029.
Strong SaaS Growth
SaaS revenue reached $77.3 million, a 44% year-over-year increase, comprising 76% of total Q2 revenues, the highest ever quarterly mix.
Continued ARR Growth
Total ARR reached $367.6 million, representing 27% year-over-year growth, with net new ARR of $22.1 million, the highest dollar amount added to date.
Improved Operational Metrics
AvePoint achieved a 700 basis point year-over-year expansion in non-GAAP operating margin, reaching 18.4%.
Expansion in Multi-Cloud Governance
New command centers launched, including Risk Posture, Optimization and ROI, and Resilience Command Centers, enhancing data protection and cost optimization capabilities.