Agora (API) Research & Development (2019 - 2026)
Agora's Research & Development was $15.4 million in the quarter ended Jun 30, 2026, up 10.2% from $13.98 million a year earlier and up 6.8% from the prior quarter.
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Analysis
Agora (API) Research & Development (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Agora's Research & Development was $57.28 million through Jun 30, 2026, down 20.5% year-over-year; for the year ended Dec 31, 2025, it was -$55.46 million.
- In earlier years, Research & Development was -$80.34 million in the year ended Dec 31, 2024, -$77.67 million in the year ended Dec 31, 2023, -$114.5 million in the year ended Dec 31, 2022 and -$110.67 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Research & Development since the quarter ended Sep 30, 2024.
- Compared with a year earlier, Research & Development was higher in three of the last eight quarters, with an average decline of 7.1%.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Sep 30, 2021 (growth of 138.3%); the worst was the quarter ended Sep 30, 2025 (a decline of 52.8%).
- Per Business Quant data, API's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $14.42 million (quarter ended Mar 31, 2026), $13.65 million (quarter ended Dec 31, 2025) and $13.82 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Agora | 488.27 Mn | 139.32 Mn | 25.74 Mn | 15.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.40 Mn |
| Mar 31, 2026 | 14.42 Mn |
| Dec 31, 2025 | 13.65 Mn |
| Sep 30, 2025 | 13.82 Mn |
| Jun 30, 2025 | 13.98 Mn |
| Mar 31, 2025 | 14.02 Mn |
| Dec 31, 2024 | 14.79 Mn |
| Sep 30, 2024 | 29.27 Mn |
| Jun 30, 2024 | 18.14 Mn |
| Mar 31, 2024 | 18.14 Mn |
| Dec 31, 2023 | 16.31 Mn |
| Sep 30, 2023 | 20.04 Mn |
| Jun 30, 2023 | 20.29 Mn |
| Mar 31, 2023 | 21.03 Mn |
| Dec 31, 2022 | 21.26 Mn |
| Sep 30, 2022 | 29.77 Mn |
| Jun 30, 2022 | 32.44 Mn |
| Mar 31, 2022 | 31.03 Mn |
| Dec 31, 2021 | 28.78 Mn |
| Sep 30, 2021 | 29.67 Mn |
API Access
Agora Research & Development 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=research-and-development&ticker=API&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=API&period=max&api_key=YOUR_API_KEY");
const data = await res.json();