Agora (API) Operating Margin (2019 - 2026)
Agora's (API) quarterly Operating Margin came in at 2.36% in Q2 2026, up 674.0% year-over-year from 0.3% in Q2 2025, and up 45.97% quarter-over-quarter from 4.36% in Q1 2026.
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Agora (API) Operating Margin (2019 - 2026) Analysis & Trends
Agora has disclosed Operating Margin across 8 years of filings, most recently posting 2.36% for Q2 2026.
- In Q2 2026, Operating Margin rose 674.0% year-over-year to 2.36%; the TTM figure through Jun 2026 stood at 3.42% (up 2383.0% YoY), while the FY2025 annual figure was 6.67%, up 3334.0% from the prior year.
- Operating Margin came in at 2.36% for Q2 2026 at Agora, up from 4.36% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.36% in Q2 2026 to a low of 141.42% in Q2 2023.
- Average Operating Margin over 5 years is 40.91%, with a median of 35.37% recorded in 2024.
- Year-over-year, Operating Margin tumbled 7380 bps in 2023 and surged 10895 bps in 2024.
- Over 5 years, Operating Margin stood at 75.08% in 2022, then soared by 69 bps to 23.18% in 2023, then soared by 39 bps to 14.16% in 2024, then surged by 82 bps to 2.57% in 2025, then advanced by 8 bps to 2.36% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 2.36% in Q2 2026, 4.36% in Q1 2026, and 2.57% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 5.64% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 24.61% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 14.88% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 7.65% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 0.63% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | -2.07% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 40.31% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 4.79% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -2.36% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.36% |
| Mar 31, 2026 | -4.36% |
| Dec 31, 2025 | -2.57% |
| Sep 30, 2025 | -4.55% |
| Jun 30, 2025 | -9.10% |
| Mar 31, 2025 | -11.13% |
| Dec 31, 2024 | -14.16% |
| Sep 30, 2024 | -78.20% |
| Jun 30, 2024 | -32.47% |
| Mar 31, 2024 | -38.26% |
| Dec 31, 2023 | -23.18% |
| Sep 30, 2023 | -39.57% |
| Jun 30, 2023 | -141.42% |
| Mar 31, 2023 | -46.58% |
| Dec 31, 2022 | -75.08% |
| Sep 30, 2022 | -70.56% |
| Jun 30, 2022 | -67.62% |
| Mar 31, 2022 | -75.18% |
| Dec 31, 2021 | -61.31% |
| Sep 30, 2021 | -46.27% |