Quarterly ResultAug 13, 2026, 06:02 PM
Agora Q2 Revenue $40.4M, +18%; Net Income $2.2M
AI Summary
Agora, Inc. reported strong financial results for the second quarter ended June 30, 2026, with total revenues increasing 18.0% year-over-year to $40.4 million and net income rising to $2.2 million. The company achieved its seventh consecutive quarter of GAAP profitability, driven by growth in both real-time engagement and conversational AI businesses. Agora also announced a Dollar-Based Net Retention Rate of 104% and repurchased $3.7 million in shares during the quarter. For Q3 2026, the company expects revenues between $41 million and $42 million.
Key Highlights
- Total revenues for Q2 2026 were $40.4 million, an increase of 18.0% year-over-year.
- Net income for Q2 2026 was $2.2 million, up from $1.5 million in Q2 2025.
- Dollar-Based Net Retention Rate was 104% in Q2 2026, compared to 94% in Q2 2025.
- Gross margin was 63.7% in Q2 2026, down from 66.8% in Q2 2025.
- The company repurchased approximately $3.7 million of its Class A ordinary shares in Q2 2026.
- Q3 2026 revenue guidance is between $41 million and $42 million, representing 15.8% to 18.6% year-over-year growth.
- Total cash, cash equivalents, bank deposits and financial products were $361.7 million as of June 30, 2026.
- Active Customers increased by 0.4% to 3,892 as of June 30, 2026.
Price Impact
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