Agora (API) Operating Expenses (2019 - 2025)
Agora (API) posted Operating Expenses of $26.1 million for Q4 2025, up 3.22% sequentially from $25.3 million in Q3 2025, and down 8.27% YoY from $28.5 million in Q4 2024.
Agora (API) Operating Expenses (2019 - 2025) Analysis & Trends
Agora has reported Operating Expenses for 7 years, with the latest figure at $26.1 million in Q4 2025.
- Quarterly Operating Expenses fell 8.27% year-over-year to $26.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $104.5 million (down 25.55% YoY) and the FY2025 annual result came in at $104.5 million, down 25.55% from the prior year.
- Operating Expenses advanced to $26.1 million in Q4 2025 per API's latest filing, from $25.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $55.6 million in Q3 2022 and troughed at $25.3 million in Q3 2025.
- A 5-year average of $39.3 million and a median of $38.9 million in 2021 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses soared 123.86% in 2021, then plunged 44.81% in 2025.
- Over 5 years, Operating Expenses stood at $51.9 million in 2021, then dropped by 17.8% to $42.7 million in 2022, then dropped by 26.79% to $31.2 million in 2023, then retreated by 8.8% to $28.5 million in 2024, then retreated by 8.27% to $26.1 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $26.1 million, $25.3 million, and $26.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Agora | 545.92 Mn | 465.69 Mn | 24.83 Mn | 26.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 45.28 Mn |
| Mar 31, 2021 | 39.67 Mn |