NASDAQ$API

Agora Inc-ADR · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Agora reported GAAP profitability in Q3 2025 with solid revenue growth and a positive net income.

Agora delivered $35.4M in revenue for Q3 2025, achieving a net income of $2.7M, and showing strong performance from both Agora and Shengwang segments. Operating loss narrowed significantly year-over-year, while cash reserves remained robust.

  • Total revenue reached $35.4M, up from $31.6M in Q3 2024
  • Agora segment revenue grew to $18.2M, Shengwang to $17.2M
  • Net income of $2.7M, compared to a net loss of $24.2M a year ago
  • Dollar-based net retention: Agora 108%, Shengwang 90%

Headline financials

Total Revenue

$35.4M

Previous: $31.6M+12.1%
EPS (adj)

$0.03

Previous: -$0.11+127.3%
Free Cash Flow

$731K

No prior period
Net Income

$2.7M

Previous: -$24.2M+111.2%
Operating Income

-$1.61M

Previous: -$24.8M+93.5%
Gross Profit

$23.3M

Previous: $21M+10.8%

Revenue & EPS history

Agora · Revenue · Quarterly

$35.4M

Q3 2025+12.1%vs Q3 2024
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

Agora expects Q4 2025 revenue between $37M and $38M, indicating year-over-year growth of 7.2% to 10.1%.

Tailwinds

  • Fourth consecutive quarter of GAAP profitability
  • Strong performance in core RTE-PaaS business
  • Growing investment and adoption in Conversational AI
  • New product launches in Conversational AI gaining traction
  • Revenue momentum expected to continue into Q4

Headwinds

  • Gross margin decreased slightly due to product mix changes
  • Operating income still negative at -$1.6M
  • Investment losses of $0.3M from private company impairment
  • Ongoing need to optimize global workforce
  • Exposure to macroeconomic and FX fluctuations remains

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-3.0%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-2.7%

Avg return

30 days after

35%

8 / 23 earnings

Positive

+20.4%

Q4 2021

Best reaction

-25.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-2.4%-6.0%-1.8%
Q3 2025+9.4%+10.0%+19.0%
Q2 2025-7.1%-11.3%-2.3%
Q1 2025-2.1%-8.7%-0.3%
Q4 2024+5.5%+1.1%-18.9%
Q3 2024+5.6%+8.4%-4.4%
Q2 2024-4.4%-9.8%-15.8%
Q1 2024-13.4%-2.0%-9.5%
Q4 2023+18.9%+0.0%-8.7%
Q3 2023-11.1%-8.9%-14.6%
Q2 2023-2.1%+1.1%-9.5%
Q1 2023-4.9%+3.8%+10.1%
Q4 2022-19.0%-10.3%-7.1%
Q3 2022-17.8%-19.6%+26.4%
Q2 2022-4.9%-11.2%-9.7%
Q1 2022-23.0%-17.6%-5.2%
Q4 2021+20.4%+25.8%+27.2%
Q3 2021-1.3%-13.9%-37.3%
Q2 2021+1.8%-0.4%+11.8%
Q1 2021+3.0%+7.8%-6.1%
Q4 2020-25.3%-37.9%-46.5%
Q3 2020-5.2%-6.0%+11.4%
Q2 2020+10.1%+19.1%+30.7%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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