Agora (API) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Agora Revenue Highlights


Latest Revenue (Y)

$141.54M

Latest Revenue (Q)

$33.02M

Main Segment (Y)

Service

Main Geography (Y)

CHINA

Agora Revenue by Period


Agora Revenue by Year

DateRevenueChange
2023-12-31$141.54M-11.91%
2022-12-31$160.67M-4.35%
2021-12-31$167.98M25.77%
2020-12-31$133.56M107.31%
2019-12-31$64.43M47.58%
2018-12-31$43.66M-

Agora generated $141.54M in revenue during NA 2023, up -11.91% compared to the previous quarter, and up 324.20% compared to the same period a year ago.

Agora Revenue by Quarter

DateRevenueChange
2024-03-31$33.02M-8.38%
2023-12-31$36.04M2.93%
2023-09-30$35.02M2.87%
2023-06-30$34.04M-6.60%
2023-03-31$36.44M-9.16%
2022-12-31$40.12M-2.12%
2022-09-30$40.99M0.02%
2022-06-30$40.98M6.20%
2022-03-31$38.59M-4.46%
2021-12-31$40.39M-10.33%
2021-09-30$45.04M6.39%
2021-06-30$42.33M5.24%
2021-03-31$40.23M20.97%
2020-12-31$33.25M7.80%
2020-09-30$30.85M-9.02%
2020-06-30$33.90M-4.66%
2020-03-31$35.56M86.13%
2019-12-31$19.10M11.98%
2019-09-30$17.06M14.50%
2019-06-30$14.90M11.51%
2019-03-31$13.36M-

Agora generated $33.02M in revenue during Q1 2024, up -8.38% compared to the previous quarter, and up 82.31% compared to the same period a year ago.

Agora Revenue Breakdown


Agora Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Service$133.10M$152.89M$159.94M$131.15M
Product and Service, Other$8.44M$7.78M$8.04M$2.42M

Agora's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (94.04%), and Product and Service, Other (5.96%).

Agora Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Other Countries$39.50M$46.26M$32.76M$16.45M
CHINA$79.19M$91.67M$117.94M$107.09M
UNITED STATES$22.85M$22.74M$17.28M$10.02M

Agora's latest annual revenue breakdown by geography, as of Dec 23: CHINA (55.95%), Other Countries (27.90%), and UNITED STATES (16.14%).

Agora Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BEKEKE$77.78B$11.23B
KCKingsoft Cloud$7.05B$1.78B
NCNOnCino$476.54M$132.40M
FROGJFrog$349.89M$103.04M
BIGCBigCommerce$309.39M$81.83M
APIAgora$141.54M$33.02M

API Revenue FAQ


Agora's yearly revenue for 2023 was $141.54M, representing a decrease of -11.91% compared to 2022. The company's yearly revenue for 2022 was $160.67M, representing a decrease of -4.35% compared to 2021. API's yearly revenue for 2021 was $167.98M, representing an increase of 25.77% compared to 2020.

Agora's quarterly revenue for Q1 2024 was $33.02M, a -8.38% decrease from the previous quarter (Q4 2023), and a -9.39% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $36.04M, a 2.93% increase from the previous quarter (Q3 2023), and a -10.16% decrease year-over-year (Q4 2022). API's quarterly revenue for Q3 2023 was $35.02M, a 2.87% increase from the previous quarter (Q2 2023), and a -14.57% decrease year-over-year (Q3 2022).

Agora's revenue growth rate for the last 3 years (2021-2023) was -15.74%, and for the last 5 years (2019-2023) was 119.68%.

Agora's revenue streams in c 23 are Service, and Product and Service, Other. Service generated $133.1M in revenue, accounting 94.04% of the company's total revenue, down -12.94% year-over-year. Product and Service, Other generated $8.44M in revenue, accounting 5.96% of the company's total revenue, up 8.43% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Agora was Service. This segment made a revenue of $133.1M, representing 94.04% of the company's total revenue.