AI Business Strategy

AvePoint reports strong Q3 growth as demand for AI governance drives channel expansion

AvePoint has reported a 19% increase in third-quarter revenue, with strong growth across its managed service provider (MSP) business as organisations look to strengthen AI governance and data security.

The company reported total revenue of $131.1 million for Q3 2026, up 19% year-on-year, while SaaS revenue increased 26% to $105.5 million. Total annual recurring revenue (ARR) reached $495.1 million, representing growth of 27%.

The results also highlight the increasing importance of AvePoint’s channel business, particularly as organisations seek support in managing the security, compliance and data governance challenges associated with AI adoption.

AvePoint’s MSP business recorded 40% year-on-year ARR growth, while channel partners contributed 72% of the incremental ARR generated during the quarter.

The channel now accounts for 60% of the company’s total ARR, compared with 56% a year earlier.

The figures come as AvePoint expands its focus on AI governance with the launch of the AvePoint Trust Platform, designed to help organisations manage and govern data, AI agents, models and other components of increasingly complex AI environments.

As businesses move beyond experimenting with AI towards wider deployment, questions around data access, security, accountability and governance are becoming more pressing.

For MSPs and other channel partners, this is creating opportunities to provide ongoing governance and data protection services rather than simply supporting the initial deployment of AI technologies.

Chris Shaw, Director, Elements, at AvePoint, said the company’s channel performance reflects growing demand for these services.

“The message from this acceleration is clear: partners are seeing strong and sustained demand for AI governance services and support, and they’re increasingly working with AvePoint to deliver it.”

Shaw added that AvePoint expects the trend to continue as it increases investment in its channel business.

AvePoint has also raised its full-year 2026 ARR guidance to between $524.8 million and $528.8 million.

The results suggest that AI governance is becoming an increasingly important commercial opportunity for technology providers, as organisations look for practical ways to manage the risks associated with wider AI adoption.

Related Articles

Back to top button