Agora, Inc. (API) Stock

About Agora, Inc.

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.

Agora, Inc. is headquartered in CN.

Agora, Inc. (API) stock trades at $4.22 with a market capitalization of $380.28M. The stock is valued at a price-to-earnings (P/E) ratio of 37.02, price-to-book of 0.66, price-to-sales of 2.61. Over the past 52 weeks the stock has ranged between $3.14 and $5.50, and currently trades 23.3% below its 52-week high.

On profitability, Agora, Inc. generates a return on equity (ROE) of 1.82%, return on capital employed of -1.22%, an operating margin of -5.61%, a net profit margin of 7.04%.

Official website: www.agora.io

Agora, Inc. by the numbers, 2018–2025

Between 2018 and 2025 Agora, Inc. reported revenue of $44.0M rising to $141.0M, a change of +220.5% across 8 years. Compounded, revenue has grown 1.0% a year over five years, -4.3% over three, 6.0% over the last twelve months. Net profit was $10.0M in 2025.

Operating margin went from 0.6% in 2018 to -6.7% in 2025, a fall of 7.3 percentage points. The most recent net margin is 7.04%. On a trailing twelve-month basis to Mar '26, revenue is $145.0M and net profit $10.0M.

Borrowings stand at $82.0M, cash on hand is $339.9M, cash from operations was $27.0M in the latest year, positive in 4 of the last 8.

Return on equity has averaged -9.0% over five years, and was 1.8% in the most recent year.

The share price itself has compounded at —% a year over five years, 12.6% over three, 7.4% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Agora, Inc. (API) — frequently asked questions