Agora (API) FCF Margin (2019 - 2025)
Agora's (API) quarterly FCF Margin came in at 25.41% in Q4 2025, up 1152.0% year-on-year from 2.03% in Q4 2024, and up 685.61% quarter-over-quarter from 3.23% in Q3 2025.
Agora (API) FCF Margin (2019 - 2025) Analysis & Trends
Agora has disclosed FCF Margin across 7 years of filings, most recently posting 25.41% for Q4 2025.
- FCF Margin for Q4 2025 came in at 25.41%, up 1152.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 20.51% (up 2921.0% YoY), and the FY2025 annual result was 19.28%, up 3180.0% from the prior year.
- FCF Margin came in at 25.41% for Q4 2025 at Agora, up from 3.23% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 54.5% in Q1 2025 to a low of 56.97% in Q2 2022.
- The 5-year median for FCF Margin is 9.25% (2023), against an average of 6.29%.
- Across the five-year window, FCF Margin plunged 4489 bps in 2022 and soared 7237 bps in 2025, its largest moves.
- Agora's FCF Margin stood at 17.78% in 2021, then tumbled by 145 bps to 8.04% in 2022, then jumped by 236 bps to 10.95% in 2023, then climbed by 27 bps to 13.89% in 2024, then jumped by 83 bps to 25.41% in 2025.
- The last three FCF Margin figures came in at 25.41% (Q4 2025), 3.23% (Q3 2025), and 0.1% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Agora | 1.57 Bn | 1.41 Bn | 24.83 Mn | 25.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 25.41% |
| Sep 30, 2025 | 3.23% |
| Jun 30, 2025 | -0.10% |
| Mar 31, 2025 | 54.50% |
| Dec 31, 2024 | 13.89% |
| Sep 30, 2024 | -10.42% |
| Jun 30, 2024 | -20.98% |
| Mar 31, 2024 | -17.87% |
| Dec 31, 2023 | 10.95% |
| Sep 30, 2023 | -8.07% |
| Jun 30, 2023 | -14.88% |
| Mar 31, 2023 | -23.99% |
| Dec 31, 2022 | -8.04% |
| Sep 30, 2022 | -18.90% |
| Jun 30, 2022 | -56.97% |
| Mar 31, 2022 | -38.07% |
| Dec 31, 2021 | 17.78% |
| Sep 30, 2021 | -27.41% |
| Jun 30, 2021 | -12.09% |
| Mar 31, 2021 | 6.19% |