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
DateValue
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