Agora (API) Gross Margin (2019 - 2026)
Agora's Gross Margin was 63.67% in the quarter ended Jun 30, 2026, down 3.08 percentage points from 66.76% a year earlier but up 0.28 percentage points from the prior quarter.
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Analysis
Agora (API) Gross Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Agora's Gross Margin was 64.49% through Jun 30, 2026, down 2.53 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 66.40%, up 2.28 percentage points from the prior year.
- Gross Margin has now increased for three consecutive years, with a five-year change of +1.74 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Gross Margin was 64.12% in the year ended Dec 31, 2024 (+0.91 pp), 63.22% in the year ended Dec 31, 2023 (+1.34 pp), 61.88% in the year ended Dec 31, 2022 (-0.04 pp) and 61.92% in the year ended Dec 31, 2021 (-2.75 pp).
- Quarterly Gross Margin has moved between 59.41% (the quarter ended Sep 30, 2022) and 68.03% (the quarter ended Mar 31, 2025) over five years.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of +0.98 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was the quarter ended Mar 31, 2025 (a gain of 6.79 percentage points); the worst was the quarter ended Sep 30, 2022 (a drop of 5.76 percentage points).
- Per Business Quant data, API's Gross Margin in the three quarters before the quarter ended Jun 30, 2026 was 63.40% (quarter ended Mar 31, 2026), 65.07% (quarter ended Dec 31, 2025) and 65.96% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 86.50% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 48.42% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 91.40% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 71.89% |
| 10 | Agora | 488.27 Mn | 139.32 Mn | 25.74 Mn | 63.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.67% |
| Mar 31, 2026 | 63.40% |
| Dec 31, 2025 | 65.07% |
| Sep 30, 2025 | 65.96% |
| Jun 30, 2025 | 66.76% |
| Mar 31, 2025 | 68.03% |
| Dec 31, 2024 | 66.61% |
| Sep 30, 2024 | 66.67% |
| Jun 30, 2024 | 62.05% |
| Mar 31, 2024 | 61.25% |
| Dec 31, 2023 | 62.90% |
| Sep 30, 2023 | 64.03% |
| Jun 30, 2023 | 63.27% |
| Mar 31, 2023 | 62.69% |
| Dec 31, 2022 | 60.80% |
| Sep 30, 2022 | 59.41% |
| Jun 30, 2022 | 64.93% |
| Mar 31, 2022 | 62.39% |
| Dec 31, 2021 | 62.96% |
| Sep 30, 2021 | 65.16% |
API Access
Agora Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=API&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "API", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=API&period=max&api_key=YOUR_API_KEY");
const data = await res.json();