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MARKETS / NASDAQ / API
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · MID CAP

Agora, Inc. API

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$141.1M
▲ 5.9% YoY
$9.5M
$25.5M
In brief

What this company does

The company provides real-time engagement products, including core products such as video calling and conversational AI, and extensions that complement them for specific use cases. The company has built a developer community with more than one million accumulated registered applications as of December 31, 2025. As of December 31, 2025, the company had 350 employees in its global research and development team, representing 64.5% of its total employees. Agora had 1,683, 1,723 and 2,085 active customers as of December 31, 2023, 2024 and 2025, respectively. Shengwang had 1,835, 1,979 and 1,876 active customers as of December 31, 2023, 2024 and 2025, respectively, excluding customers of the Easemob business. Our Agora business in Santa Clara, California and our Shengwang business in Shanghai, China were both established in 2014.

Written from the business description in Agora, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 141.1M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 141.1 · Net income 9.5
80M160M-50M-100M20182019202020212022202320242025
Compound annual growth
−4.2%
+1.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -6.7% · Net 6.8%
-20%-40%-60%20182019202020212022202320242025
ROE
FY2025 · ROE 1.7%
0.5%1.0%1.5%-5.0%-10.0%-15.0%20182019202020212022202320242025

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 25.5
10M20M-20M-40M20182019202020212022202320242025
Net buybacks $ Dividends $
FY2020 · Dividends — · Net buybacks -10000.0
400000201820192020

Total assetsUSD 721.1M
EquityUSD 562.8M
CashUSD 75.4M
Gross debtUSD 80.4M
Net debtUSD 5.0M
Current ratio4.58×

Net debt stands at 1% of equity.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B0.10.10.10.20.20.10.10.0
Operating income $B−0.0−0.1−0.1−0.1−0.1−0.0−0.00.0
EBITDA $B−0.0−0.0−0.1−0.1−0.1−0.0−0.00.0
Income tax $B0.00.00.00.00.00.00.00.0
Net income $B0.0−0.0−0.1−0.1−0.1−0.0−0.00.0
Free cash flow $B0.0−0.0−0.0−0.1−0.0−0.0−0.0−0.0
EPS, diluted $0.02−0.11−0.22−0.27−0.16−0.76−0.58−0.39
Dividend / sh $········
Payout %········
ROE %1.7−7.3−13.1−15.1−9.5−1.2··
Shares out B0.350.370.370.430.450.420.12·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2018

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