
Agora, Inc.
TechnologyNASDAQ:API · NASDAQ Global Select
-$0.18 today
Vol 0.31M · Avg 0.42M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$145.6M of revenue converted into $10.3M of net income for the selected period. Gross margin is 65.3% and net margin is 7.0%, showing how much revenue survives after costs and taxes. EPS is $0.11, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $141.1M +5.9% | $133.3M -5.9% | $141.5M -11.9% | $160.7M -4.4% | $168.0M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $47.4M -0.9% | $47.8M -8.2% | $52.1M -15.0% | $61.2M -4.3% | $64.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $93.7M +9.6% | $85.4M -4.5% | $89.5M -10.0% | $99.4M -4.4% | $104.0M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 66.4% +2.3pp | 64.1% +0.9pp | 63.2% +1.3pp | 61.9% -0.0pp | 61.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $55.5M -31.0% | $80.3M +3.4% | $77.7M -32.2% | $114.5M +3.5% | $110.7M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $49.0M -18.3% | $60.0M -13.0% | $68.9M -25.4% | $92.4M +20.7% | $76.6M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $103.1M -25.7% | $138.8M -4.2% | $144.9M -28.7% | $203.2M +10.0% | $184.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $8.0M -21.0% | $10.1M -30.6% | $14.6M -8.2% | $15.9M +14.0% | $13.9M | $374.2M | $1.2B | $631.8M |
| EBITDA | $17.9M +162.6% | -$28.6M +60.3% | -$72.2M +30.7% | -$104.1M -79.7% | -$57.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 12.7% +34.2pp | -21.5% +29.5pp | -51.0% +13.8pp | -64.8% -30.3pp | -34.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$9.4M +82.3% | -$53.3M +3.8% | -$55.4M +46.6% | -$103.8M -28.7% | -$80.7M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -6.7% +33.3pp | -40.0% -0.9pp | -39.1% +25.5pp | -64.6% -16.6pp | -48.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $15.1M -11.2% | $16.9M -10.1% | $18.8M +95.5% | $9.6M +15.4% | $8.4M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $36.0K -85.8% | $253.0K +1165.0% | $20.0K | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $19.3M +77.7% | $10.8M +134.5% | -$31.4M -97.6% | -$15.9M -273.2% | $9.2M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $9.9M +123.2% | -$42.5M +51.1% | -$86.8M +27.5% | -$119.7M -67.4% | -$71.5M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 7.0% +38.9pp | -31.9% +29.5pp | -61.3% +13.2pp | -74.5% -31.9pp | -42.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $323.0K +25.2% | $258.0K -38.9% | $422.0K -36.3% | $663.0K -21.1% | $840.0K | $1.3B | -$1.6B | $745.2M |
| Net Income | $9.6M +122.4% | -$42.7M +51.0% | -$87.2M +27.7% | -$120.6M -66.0% | -$72.7M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.8% +38.8pp | -32.1% +29.6pp | -61.6% +13.5pp | -75.1% -31.8pp | -43.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 +122.7% | -$0 +50.0% | -$1 +18.5% | -$1 -68.8% | -$1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 +121.0% | -$0 +47.7% | -$1 +18.5% | -$1 -68.8% | -$1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $92.0M -1.4% | $93.3M -6.3% | $99.6M -10.8% | $111.6M +1.3% | $110.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $98.9M +6.0% | $93.3M -6.3% | $99.6M -10.8% | $111.6M +1.3% | $110.2M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Quhuo Limited
NASDAQ:QH
$666.69M

Intellicheck, Inc.
NASDAQ:IDN
$82.83M

Sound Group Inc.
NASDAQ:SOGP
$52.63M

Generation Essentials Group
NYSE:TGE
$50.40M
WISeKey International Holding AG
WKEY
$46.96M
Aether Holdings, Inc. Common Stock
ATHR
$37.77M
RedCloud Holdings plc
RCT
$29.27M
PSQ Holdings, Inc.
PSQH
$23.35M
SAIHEAT Limited
SAIH
$21.63M
Hitek Global Inc.
HKIT
$98,152.00
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does API generate?
Agora, Inc. (API) reported $141.06M of revenue in fiscal 2025.
Is API profitable?
Agora, Inc. (API) reported $9.55M of net income, with a net margin of 6.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.