Agora, Inc. Reports First Quarter 2026 Financial Results

Agora, Inc. announced its unaudited financial results for the first quarter ended March 31, 2026. The company reported total revenues of $37.7 million, a 13.5% increase from the previous year, and a net income of $1.1 million, up from $0.4 million in Q1 2025. Active customers increased to 3,946, and the Dollar-Based Net Retention Rate was 99%. The company launched Agent Studio, a no-code platform for building voice AI agents. Total cash, cash equivalents, and bank deposits were $366.1 million. For the second quarter of 2026, Agora expects revenues between $39.0 million and $40.0 million. The company repurchased approximately 12.5 million Class A ordinary shares for $13.1 million during the quarter.