NASDAQ$API

Agora Inc-ADR · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Agora reported double-digit Q4 2025 revenue growth and its fifth consecutive quarter of GAAP profitability.

Agora delivered Q4 2025 revenue growth of 10.7% year-over-year, driven by expansion in both the Agora and Shengwang segments. The company achieved GAAP net income of 4918000 and continued strong cash generation, supported by operating leverage and interest income.

  • Total revenue increased 10.7% year-over-year to 38155000.
  • Agora segment revenue grew 14.4% to 19900000, while Shengwang increased 5.7% to 18300000.
  • Net income reached 4918000 compared to 158000 in the prior year period.
  • Total cash, cash equivalents, bank deposits and financial products reached 374900000.

Headline financials

Total Revenue

$38.2M

Previous: $34.5M+10.6%
EPS (adj)

$0.05

Previous: $0.00+2400.0%
Active Customers - Shengwang

1.9K

Previous: 2.0K-5.2%
Dollar-Based Net Retention - Shengwang

89.0%

No prior period
Active Customers

2.1K

Previous: 1.7K+21.0%
Dollar-Based Net Retention Rate

109.0%

No prior period
Net Income

$4.92M

Previous: $200K+2359.0%
Operating Income

-$979K

Previous: -$4.9M+80.0%
Gross Profit

$24.8M

Previous: $22.9M+8.4%

Revenue & EPS history

Agora · Revenue · Quarterly

$38.2M

Q4 2025+10.6%vs Q4 2024
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

For Q1 2026, Agora expects total revenues between 36000000 and 37000000, representing year-over-year growth of 8.1% to 11.1%.

Tailwinds

  • Q1 2026 revenue guidance implies continued year-over-year growth.
  • Expected revenue range of 36000000 to 37000000.
  • Projected growth rate between 8.1% and 11.1%.
  • Sustained GAAP profitability momentum entering 2026.
  • Continued adoption of conversational AI solutions.

Headwinds

  • Sequential revenue decline implied versus Q4 2025 revenue of 38155000.
  • Shengwang active customers declined year-over-year.
  • Operating loss of 979000 in Q4 2025.
  • Gross margin declined year-over-year to 65.1%.
  • Exposure to macroeconomic and market demand fluctuations.

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 Q4 2025

Historical avgQ4 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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