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| Date | Value |
|---|---|
| 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 |