Agora, Inc. logo

Agora, Inc.

API

NASDAQTechnologySoftware - Application

Previous close

$4.36

+$0.04 · +0.93%

Aug 21, 4:00 PM ET

API company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

72

Undervalued

Momentum

52

Neutral

Sentiment

48

Mixed

Risk resilience

47

Elevated Risk

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Company profile

Company website

Agora, Inc. operates globally, with a presence in China, the U.S., and other international markets, by delivering a Real-Time Engagement Platform-as-a-Service (RTE-PaaS). Through this platform, the company furnishes software development tools that enable developers to seamlessly integrate real-time video, voice, and messaging capabilities into their applications. Its primary offerings include solutions for video calling, voice calling, interactive live streaming, chat functionalities, and signaling. Furthermore, Agora provides acceleration products and a comprehensive set of extensions—such as interactive whiteboards, recording features, analytics, and an extensions marketplace—designed to facilitate the deployment of real-time engagement in diverse specific use cases and industry verticals. The company also broadens its product portfolio with "Flexible Classroom," a low-code Platform as a Service (PaaS) for application development, and "App Builder," a completely no-code application creation platform. All of its real-time engagement products are delivered via Agora's proprietary Software-Defined Real-Time Network (SDRTN), a virtual network overlay constructed atop the existing public internet infrastructure. Agora caters to a wide spectrum of industries, including social media, entertainment, gaming, education, enterprise solutions, e-commerce, financial services, healthcare, and the Internet of Things (IoT). Established in 2013, Agora, Inc. is headquartered in Shanghai, People's Republic of China.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Bin Zhao
Listed since
Jun 26, 2020
Employees
543

Market position

Day range

Current $4.36

52-week range

Current $4.36

Open
$4.34
Previous close
$4.32
Volume
70.65K
0.18× average
Average volume
395.96K
Average daily volume
Market cap
392.89M USD
Beta
0.79
Market reference 1
50-day average
$4.1776
+4.37% above average
200-day average
$4.0479
+7.71% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
381.03M USD
P/E (TTM)
35.16×
P/B (TTM)
0.67×
P/S (TTM)
2.59×
EV / EBITDA
21.27×
Earnings yield
2.55%
Free cash flow yield
-1.25%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
64.49%
Operating margin
-4.34%
Net margin
7.24%
Return on equity
1.70%
Return on assets
1.32%
Return on invested capital
-1.37%

Financial health

Debt / equity
0.18×
Current ratio
4.58×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends81%24%-33%-89%Gross margin, FY2021: 61.92%Gross margin, FY2022: 61.88%Gross margin, FY2023: 63.22%Gross margin, FY2024: 64.12%Gross margin, FY2025: 66.40%Operating margin, FY2021: -48.04%Operating margin, FY2022: -64.62%Operating margin, FY2023: -39.14%Operating margin, FY2024: -40.01%Operating margin, FY2025: -6.67%Net margin, FY2021: -43.27%Net margin, FY2022: -75.08%Net margin, FY2023: -61.62%Net margin, FY2024: -32.06%Net margin, FY2025: 6.77%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 61.92%. Gross margin FY2022 61.88%. Gross margin FY2023 63.22%. Gross margin FY2024 64.12%. Gross margin FY2025 66.40%. Operating margin FY2021 -48.04%. Operating margin FY2022 -64.62%. Operating margin FY2023 -39.14%. Operating margin FY2024 -40.01%. Operating margin FY2025 -6.67%. Net margin FY2021 -43.27%. Net margin FY2022 -75.08%. Net margin FY2023 -61.62%. Net margin FY2024 -32.06%. Net margin FY2025 6.77%.

Income trends

Revenue

141.06M USD+5.85%

Operating income

−9.41M USD+82.35%

Net income

9.55M USD+52.28M USD
Income trends across reported periods196.84M USD81.4M USD−34.04M USD−149.48M USDRevenue, FY2021: 167.98M USDRevenue, FY2022: 160.67M USDRevenue, FY2023: 141.54M USDRevenue, FY2024: 133.26M USDRevenue, FY2025: 141.06M USDOperating income, FY2021: −80.69M USDOperating income, FY2022: −103.82M USDOperating income, FY2023: −55.4M USDOperating income, FY2024: −53.31M USDOperating income, FY2025: −9.41M USDNet income, FY2021: −72.69M USDNet income, FY2022: −120.62M USDNet income, FY2023: −87.22M USDNet income, FY2024: −42.73M USDNet income, FY2025: 9.55M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 167.98M USD. Revenue FY2022 160.67M USD. Revenue FY2023 141.54M USD. Revenue FY2024 133.26M USD. Revenue FY2025 141.06M USD. Operating income FY2021 −80.69M USD. Operating income FY2022 −103.82M USD. Operating income FY2023 −55.4M USD. Operating income FY2024 −53.31M USD. Operating income FY2025 −9.41M USD. Net income FY2021 −72.69M USD. Net income FY2022 −120.62M USD. Net income FY2023 −87.22M USD. Net income FY2024 −42.73M USD. Net income FY2025 9.55M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue141.06M USD133.26M USD141.54M USD160.67M USD167.98M USD
Cost of goods sold47.39M USD47.81M USD52.06M USD61.25M USD63.98M USD
Gross profit93.66M USD85.45M USD89.48M USD99.42M USD104.01M USD
Research and development55.46M USD80.34M USD77.67M USD114.5M USD110.67M USD
Selling, general, and administrative49.02M USD59.99M USD68.93M USD92.44M USD76.6M USD
Operating expenses103.07M USD138.76M USD144.87M USD203.25M USD184.7M USD
Interest income15.05M USD16.94M USD18.84M USD9.64M USD8.35M USD
Interest expense36K USD253K USD20K USD
Depreciation and amortization8M USD10.12M USD14.58M USD15.88M USD13.94M USD
Operating income−9.41M USD−53.31M USD−55.4M USD−103.82M USD−80.69M USD
Net income9.55M USD−42.73M USD−87.22M USD−120.62M USD−72.69M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
63%
5 beats, 3 misses, 0 met estimates
Average EPS surprise
-10.43%
8 comparable reports
Latest EPS result
0.02
Estimate -0.2 · Beat by 110.07%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.09-0.02-0.13-0.24Q1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 0.002, estimate -0.02, surprise +107.85%, Beat. Q2 2025, reported May 27, 2025: actual 0.004, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 0.01, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 19, 2025: actual 0.03, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 2, 2026: actual 0.05, estimate -0.166, surprise +130.12%, Beat. Q2 2026, reported May 26, 2026: actual 0.01, estimate -0.173, surprise +105.79%, Beat. Q3 2026, reported Aug 13, 2026: actual 0.02, estimate -0.199, surprise +110.07%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate -0.18, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates45.31M40.71M36.12M31.53MQ1 '25MissQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 34.45M USD, estimate 43.57M USD, surprise -20.92%, Miss. Q2 2025, reported May 27, 2025: actual 33.27M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 34.26M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 19, 2025: actual 35.42M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 2, 2026: actual 38.16M USD, estimate 38.26M USD, surprise -0.28%, Miss. Q2 2026, reported May 26, 2026: actual 37.7M USD, estimate 37.01M USD, surprise +1.87%, Beat. Q3 2026, reported Aug 13, 2026: actual 40.42M USD, estimate 40.44M USD, surprise -0.06%, Miss. Q4 2026, reported Nov 18, 2026: actual —, estimate 41.08M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.57

73.62% upside
Past 12 months12-month forecastHigh $12.50Average $7.57Low $2.63

Rating distribution

5 ratings
Strong buy00%
Buy360%
Hold240%
Sell00%
Strong sell00%

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