Agora (API) Operating Expenses (2019 - 2025)

Agora has disclosed Operating Expenses across 7 years of filings, most recently posting $26.1 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $26.1 million, down 8.27% year-over-year; the trailing twelve-month figure through Dec 2025 was $104.5 million (down 25.55% YoY), and the FY2025 annual result was $104.5 million, down 25.55% from the prior year.
• Operating Expenses came in at $26.1 million for Q4 2025 at Agora, up from $25.3 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.
• The 5-year median for Operating Expenses is $38.9 million (2021), against an average of $39.3 million.
• Across the five-year window, Operating Expenses jumped 123.86% in 2021 and plunged 44.81% in 2025, its largest moves.
• Agora's Operating Expenses stood at $51.9 million in 2021, then decreased by 17.8% to $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.
• The last three Operating Expenses figures came in at $26.1 million (Q4 2025), $25.3 million (Q3 2025), and $26.5 million (Q2 2025), per Business Quant data.