Agora API
NASDAQ API
$4.24 +0.07 (+1.68%)
At close: Sep 4, 2026 · 4:00 PM EDT

Agora (API) Research & Development (2019 - 2026)

Agora's (API) quarterly Research & Development came in at $15.4 million in Q2 2026, up 10.16% year-over-year from $14.0 million in Q2 2025, and up 6.76% quarter-over-quarter from $14.4 million in Q1 2026.

Analysis

Agora (API) Research & Development (2019 - 2026) Analysis & Trends

Agora has disclosed Research & Development across 8 years of filings, most recently posting $15.4 million for Q2 2026.

  • In Q2 2026, Research & Development rose 10.16% year-over-year to $15.4 million; the TTM figure through Jun 2026 stood at $57.3 million (down 20.51% YoY), while the FY2025 annual figure was -$55.5 million, up 30.97% from the prior year.
  • Research & Development came in at $15.4 million for Q2 2026 at Agora, up from $14.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $32.4 million in Q2 2022 to a low of $13.6 million in Q4 2025.
  • Average Research & Development over 5 years is $19.9 million, with a median of $18.1 million recorded in 2024.
  • Year-over-year, Research & Development jumped 46.06% in 2024 and sank 52.8% in 2025.
  • Over 5 years, Research & Development stood at $21.3 million in 2022, then fell by 23.27% to $16.3 million in 2023, then slipped by 9.3% to $14.8 million in 2024, then slipped by 7.74% to $13.6 million in 2025, then grew by 12.81% to $15.4 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $15.4 million in Q2 2026, $14.4 million in Q1 2026, and $13.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Twilio 35.77 Bn 33.11 Bn 725.87 Mn 273.32 Mn
2 Zoom Communications 29.62 Bn 22.37 Bn 985.50 Mn 330.52 Mn
3 Nice 6.38 Bn 6.02 Bn 995.81 Mn 385.54 Mn
4 RingCentral 6.14 Bn 6.03 Bn 472.31 Mn 274.91 Mn
5 Five9 2.49 Bn 1.83 Bn 166.74 Mn 79.70 Mn
6 Bandwidth 1.35 Bn 1.17 Bn 78.54 Mn 37.34 Mn
7 Consensus Cloud Solutions 648.68 Mn 549.78 Mn 73.07 Mn 13.50 Mn
8 Ooma 640.32 Mn 622.79 Mn 50.99 Mn 22.43 Mn
9 Agora 498.86 Mn 423.01 Mn 25.74 Mn 15.40 Mn
10 8X8 263.26 Mn 168.30 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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