Agora (API) Equity Ratio (2019 - 2025)
Agora's (API) quarterly Equity Ratio came in at 0.78 in Q4 2025, down 4.64% year-on-year from 0.82 in Q4 2024, and down 4.64% quarter-over-quarter from 0.82 in Q4 2024.
Agora (API) Equity Ratio (2019 - 2025) Analysis & Trends
Agora has disclosed Equity Ratio across 7 years of filings, most recently posting 0.78 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.78, down 4.64% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.78 (down 4.64% YoY), and the FY2025 annual result was 0.78, down 4.64% from the prior year.
- Equity Ratio came in at 0.78 for Q4 2025 at Agora, down from 0.82 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.93 in Q1 2023 to a low of 0.78 in Q4 2025.
- The 5-year median for Equity Ratio is 0.91 (2022), against an average of 0.89.
- Across the five-year window, Equity Ratio increased 1.49% in 2022 and dropped 8.7% in 2024, its largest moves.
- Agora's Equity Ratio stood at 0.92 in 2021, then fell by 0.78% to 0.91 in 2022, then slipped by 1.43% to 0.9 in 2023, then decreased by 8.7% to 0.82 in 2024, then retreated by 4.64% to 0.78 in 2025.
- The last three Equity Ratio figures came in at 0.78 (Q4 2025), 0.82 (Q4 2024), and 0.9 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.62 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.90 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.41 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.89 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.32 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.54 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.48 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.10 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.38 |
| 10 | Agora | 1.57 Bn | 1.41 Bn | 24.83 Mn | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.90 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 0.93 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.91 |
| Dec 31, 2021 | 0.92 |
| Sep 30, 2021 | 0.92 |
| Jun 30, 2021 | 0.90 |
| Mar 31, 2021 | 0.89 |
| Dec 31, 2020 | 0.95 |
| Sep 30, 2020 | 0.96 |
| Jun 30, 2020 | 0.96 |
| Dec 31, 2019 | -0.97 |