# Agora share price today (Agora, Inc., API)

> Agora, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. API · Technology · Software - Application · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/api

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## Key numbers

- Price: $4.16 (+17.2% in a year)
- P/E: 42.9× (lower than 90% of the last 1 year)
- Revenue (Jun 2026): $40.4 M (+18.0% on a year ago)
- Profit (Jun 2026): $2.2 M (+50.3% on a year ago)
- Operating margin: −2.4% (+6.7 points on a year ago)
- ROE: 2%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Agora share price today? Agora, Inc.'s share price was $4.16 at the close on 3 November 2026. That is 0.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $5, and at that close it sat 54% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 1 year the share price moved +9% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Agora pay? Agora, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Agora on? Agora is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Agora profitable? Agora, Inc. earned $2.2 M of net profit in the Jun 2026 quarter, +50.3% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $9.5 M. That is 5.4% of the quarter's revenue. The same quarter a year earlier earned $1.5 M. 5 of the last 12 reported quarters were loss-making. Why profit moved: revenue changed +18.0% on a year earlier and the margin moved +6.7 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +1,078.5% and revenue +13.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Agora make, and is it growing? Agora, Inc. reported $40.4 M of revenue in the Jun 2026 quarter, +18.0% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown −4.3% a year on average. The last full year, FY25, came in at $141 M. The last four reported quarters add to $152 M. FY25 revenue was $141 M, +5.9% on the year before. Recent pace: the last four quarters grew +13.6% on average, against −4.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.6%, against +4.7% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Agora keep? Agora, Inc.'s operating margin was −2.4% in the Jun 2026 quarter, 6.7 percentage points higher than the same quarter a year ago. Across 5 years it has been between −64.6% and −6.7%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +6.7 percentage points on the year while gross margin changed −3.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Agora's profit turning into cash? Agora, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $27.2 M of operating cash against $9.5 M of profit. After $33.6 M of spending on assets, free cash was −$6.4 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Agora's cash go? Agora, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $83.1 M on assets over the last 3 years. Averaged over those years that is 19.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $83.1 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Agora's P/E ratio, and how does it compare with its own history? Agora, Inc.'s P/E is 42.9×, near the low end of its own history: it has been lower only 10% of the time. Its usual P/E (the middle reading) is 50.4×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Agora business getting better or worse? Agora, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Agora earn on its capital? Agora, Inc. earned a ROE of 2% in FY25. That is up from a low of −17% in FY22. Its return on capital used (ROIC) is 8.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.8% net margin and 0.20× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.8% net margin × 0.20× asset turnover × 1.28× leverage (assets divided by equity) ≈ 1.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −1.6% − 6.5% = −8.1 percentage points. The 6.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Agora have too much debt? Agora, Inc. has total debt of $101 M against shareholder equity of $557 M as of Jun 2026, so its debt is 0.18× its equity, which is very little. Year by year, that ratio went from 0.01 in FY21 to 0.15 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Agora shareholding pattern? We have no ownership or short-position figures for Agora, Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Agora from balance-sheet trouble? For Agora, Inc., the Z-score is 0.99. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.99 is inside the danger zone, so the balance sheet is a real risk. ## How does Agora rank in its industry? There is no score against its industry: Agora, Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Agora compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Agora in size? Agora is the 122nd largest of 142 Software - Application companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Materialise NV, mF International and Cerence Inc. Just below it: CS Disco, Inc., Platinum Analytics Cayman and 8x8, Inc. ### Software - Application companies close in size

1. [Materialise NV](https://www.sectoralpha.in/us/stocks/mtls) $412 million
2. [mF International Limited](https://www.sectoralpha.in/us/stocks/mfi) $376 million
3. [Cerence Inc.](https://www.sectoralpha.in/us/stocks/crnc) $374 million
4. Agora, Inc. $349 million
5. [CS Disco, Inc.](https://www.sectoralpha.in/us/stocks/law) $336 million
6. [Platinum Analytics Cayman Limited](https://www.sectoralpha.in/us/stocks/plts) $316 million
7. [8x8, Inc.](https://www.sectoralpha.in/us/stocks/eght) $301 million

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [NN, Inc.](https://www.sectoralpha.in/us/stocks/nnbr) $368 million · Conglomerates
2. [Viemed Healthcare, Inc.](https://www.sectoralpha.in/us/stocks/vmd) $368 million · Medical Devices
3. Agora, Inc. $368 million
4. [USCB Financial Holdings, Inc.](https://www.sectoralpha.in/us/stocks/uscb) $367 million · Banks - Regional
5. [MGP Ingredients, Inc.](https://www.sectoralpha.in/us/stocks/mgpi) $367 million · Beverages - Wineries & Distilleries

## What else do people ask about Agora? ### What were Agora's latest quarterly results? Agora, Inc. reported revenue of $40.4 M and net profit of $2.2 M for the Jun 2026 quarter. Revenue rose 18.0% and profit rose 50.3% compared with a year earlier. Earnings per share were $0.02. The operating margin was −2.4%, 6.7 percentage points higher than a year earlier (as of 3 November 2026). ### What is Agora's market cap? Agora, Inc.'s market capitalisation is $349 M at a stock price of $4.16. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Agora performing? Agora, Inc.'s latest readings are below. In its latest quarter, revenue rose 18.0% and profit rose 50.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Agora's stock price go up? This page does not forecast Agora, Inc.'s stock price. What it shows instead: the stock price is $4.16. Its P/E of 42.9× is higher than 10% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Agora in its business cycle? Agora, Inc.'s FY25 operating margin was −6.7%, against a 5-year range of −64.6% to −6.7%: the middle of its own range, neither a peak nor a low. The latest quarter was −2.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Agora story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Agora a stock worth studying right now? What the numbers show: Agora, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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