Agora (API) Cost of Revenue (2019 - 2025)

Agora (API) reported Cost of Revenue of $13.3 million for Q4 2025, up 15.84% on a YoY basis from $11.5 million in Q4 2024, and up 10.67% sequentially from $12.0 million in Q3 2025.

Agora (API) Cost of Revenue (2019 - 2025) Analysis & Trends

Agora (API) has 7 years of Cost of Revenue data on file, last reported at $13.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 15.84% year-over-year to $13.3 million; the trailing twelve-month figure through Dec 2025 stood at $47.4 million (down 0.87% YoY), and the FY2025 full-year result was $47.4 million, down 0.87% from the prior year.
  • Cost of Revenue improved to $13.3 million in Q4 2025, from $12.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $16.9 million in Q1 2021 to a low of $10.5 million in Q3 2024.
  • A 5-year average of $13.6 million and a median of $13.3 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 52.08% in 2021 and decreased 24.31% in 2023, its largest moves.
  • Tracing API's Cost of Revenue over 5 years: stood at $15.0 million in 2021, then advanced by 5.13% to $15.7 million in 2022, then retreated by 14.99% to $13.4 million in 2023, then dropped by 13.95% to $11.5 million in 2024, then climbed by 15.84% to $13.3 million in 2025.
  • Business Quant data shows API's Cost of Revenue at $13.3 million in Q4 2025, $12.0 million in Q3 2025, and $11.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 197.57 Bn 177.34 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 191.68 Bn 188.97 Bn - -
3 Shopify 160.25 Bn 154.50 Bn 1.55 Bn 1.62 Bn
4 Salesforce 148.86 Bn 137.03 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 136.60 Bn 135.39 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 106.25 Bn 101.59 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.07 Bn 98.84 Bn 2.87 Bn 3.07 Bn
8 Snowflake 94.75 Bn 91.79 Bn 926.45 Mn 464.50 Mn
9 Adobe 94.68 Bn 89.05 Bn 5.90 Bn 715.00 Mn
10 Agora 1.44 Bn 1.36 Bn 24.83 Mn 13.33 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.33 Mn
Dec 31, 2025 13.33 Mn
Sep 30, 2025 12.04 Mn
Sep 30, 2025 12.04 Mn
Jun 30, 2025 11.39 Mn
Jun 30, 2025 11.39 Mn
Mar 31, 2025 10.64 Mn
Mar 31, 2025 10.64 Mn
Dec 31, 2024 11.51 Mn
Dec 31, 2024 11.51 Mn
Sep 30, 2024 10.52 Mn
Sep 30, 2024 10.52 Mn
Jun 30, 2024 12.98 Mn
Jun 30, 2024 12.98 Mn
Mar 31, 2024 12.80 Mn
Mar 31, 2024 12.80 Mn
Dec 31, 2023 13.37 Mn
Dec 31, 2023 13.37 Mn
Sep 30, 2023 12.59 Mn
Sep 30, 2023 12.59 Mn