Agora, Inc. income statement
In fiscal 2025, Agora, Inc. reported revenue of $141m, up 5.9% on the year before, operating income of −$9.4m (a -6.7% margin) and net income of $9.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 64 | 134 | 168 | 161 | 142 | 133 | 141 |
| Cost of revenue | 13 | 20 | 47 | 64 | 61 | 52 | 48 | 47 |
| Gross profit | 31 | 44 | 86 | 104 | 99 | 89 | 85 | 94 |
| Research and development | 14 | 24 | 49 | 111 | 115 | 78 | 80 | 55 |
| Selling and marketing | 12 | 19 | 26 | 46 | 54 | 34 | 27 | 26 |
| General and administrative | 5 | 7 | 18 | 30 | 39 | 35 | 33 | 23 |
| Operating income | 0 | −6 | −5 | −81 | −116 | −87 | −53 | −9 |
| Interest expense | — | — | — | — | — | 0 | 0 | 0 |
| Net interest income | — | — | — | 8 | 10 | 19 | 17 | — |
| Income before tax | 0 | −5 | −3 | −72 | −120 | −87 | −39 | 10 |
| Income tax | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Net income | 0 | −6 | −3 | −72 | −120 | −87 | −43 | 10 |
| Diluted EPS | — | — | — | −$0.64 | −$1.08 | −$0.88 | −$0.44 | — |
| Diluted shares (average) | 27m | 29m | 67m | 110m | 112m | 100m | 93m | 99m |
| EBITDA | 1 | −4 | −1 | −72 | −106 | −80 | −50 | −7 |
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