Agora (API) Tax Rate (2019 - 2026)
Agora's (API) quarterly Tax Rate came in at 2.52% in Q2 2026, up 41.0% year-over-year from 1.79% in Q2 2025, and up 76.91% quarter-over-quarter from 10.91% in Q1 2026.
Analysis
Agora (API) Tax Rate (2019 - 2026) Analysis & Trends
Agora has disclosed Tax Rate across 8 years of filings, most recently posting 2.52% for Q2 2026.
- In Q2 2026, Tax Rate rose 41.0% year-over-year to 2.52%; the TTM figure through Jun 2026 stood at 3.81% (down 492.0% YoY), while the FY2025 annual figure was 3.27%, down 393.0% from the prior year.
- Tax Rate came in at 2.52% for Q2 2026 at Agora, up from 10.91% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 4.06% in Q4 2023 to a low of 29.22% in Q4 2024.
- Average Tax Rate over 5 years is 2.93%, with a median of 0.01% recorded in 2022.
- Year-over-year, Tax Rate slumped 3329 bps in 2024 and jumped 2674 bps in 2025.
- Over 5 years, Tax Rate stood at 0.8% in 2022, then surged by 406 bps to 4.06% in 2023, then plunged by 819 bps to 29.22% in 2024, then soared by 91 bps to 2.48% in 2025, then dropped by 1 bps to 2.52% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 2.52% in Q2 2026, 10.91% in Q1 2026, and 2.48% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | -1,313.04% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 22.68% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 48.74% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 7.42% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 21.84% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 696.52% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 23.30% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 6.33% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -2.52% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.52% |
| Mar 31, 2026 | -10.91% |
| Dec 31, 2025 | -2.48% |
| Sep 30, 2025 | -4.36% |
| Jun 30, 2025 | -2.93% |
| Mar 31, 2025 | -6.11% |
| Dec 31, 2024 | -29.22% |
| Jun 30, 2024 | 0.10% |
| Mar 31, 2024 | 1.39% |
| Dec 31, 2023 | 4.06% |
| Sep 30, 2023 | 0.73% |
| Jun 30, 2023 | 0.37% |
| Mar 31, 2023 | -0.06% |
| Dec 31, 2022 | 0.80% |
| Sep 30, 2022 | 0.48% |
| Jun 30, 2022 | 0.82% |
| Mar 31, 2022 | -0.01% |
| Dec 31, 2021 | 2.32% |
| Sep 30, 2021 | -0.44% |
| Jun 30, 2021 | 2.84% |