Agora (API) Operating Expenses (2019 - 2026)
Agora's (API) quarterly Operating Expenses came in at $27.3 million in Q2 2026, up 2.82% year-over-year from $26.5 million in Q2 2025, and up 3.42% quarter-over-quarter from $26.4 million in Q1 2026.
Analysis
Agora (API) Operating Expenses (2019 - 2026) Analysis & Trends
Agora has disclosed Operating Expenses across 8 years of filings, most recently posting $27.3 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 2.82% year-over-year to $27.3 million; the TTM figure through Jun 2026 stood at $105.1 million (down 17.48% YoY), while the FY2025 annual figure was -$104.5 million, up 25.55% from the prior year.
- Operating Expenses came in at $27.3 million for Q2 2026 at Agora, up from $26.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $55.6 million in Q3 2022 to a low of $25.3 million in Q3 2025.
- Average Operating Expenses over 5 years is $36.2 million, with a median of $33.0 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 36.42% in 2022 and tumbled 44.81% in 2025.
- Over 5 years, Operating Expenses stood at $42.7 million in 2022, then decreased by 26.79% to $31.2 million in 2023, then declined by 8.8% to $28.5 million in 2024, then declined by 8.27% to $26.1 million in 2025, then grew by 4.39% to $27.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $27.3 million in Q2 2026, $26.4 million in Q1 2026, and $26.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 641.32 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 671.18 Mn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 765.06 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 422.02 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 164.77 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 83.10 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 36.24 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 47.00 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 27.28 Mn |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.28 Mn |
| Mar 31, 2026 | 26.38 Mn |
| Dec 31, 2025 | 26.14 Mn |
| Sep 30, 2025 | 25.32 Mn |
| Jun 30, 2025 | 26.54 Mn |
| Mar 31, 2025 | 26.49 Mn |
| Dec 31, 2024 | 28.49 Mn |
| Sep 30, 2024 | 45.87 Mn |
| Jun 30, 2024 | 32.64 Mn |
| Mar 31, 2024 | 33.33 Mn |
| Dec 31, 2023 | 31.24 Mn |
| Sep 30, 2023 | 36.90 Mn |
| Jun 30, 2023 | 38.14 Mn |
| Mar 31, 2023 | 40.32 Mn |
| Dec 31, 2022 | 42.68 Mn |
| Sep 30, 2022 | 55.64 Mn |
| Jun 30, 2022 | 54.51 Mn |
| Mar 31, 2022 | 54.12 Mn |
| Dec 31, 2021 | 51.92 Mn |
| Sep 30, 2021 | 50.40 Mn |