Agora Reports Q2 GAAP EPS of $0.01, Revenue of $34.3M; Initiates Q3 Outlook

Agora Holdings reported Q2 GAAP EPS of $0.01 and revenue of $34.3M, a 0.3% YoY increase. The company initiated a Q3 outlook with revenue expected to be between $36.0M and $38.0M. Shengwang, Agora's Chinese subsidiary, saw revenue decline to RMB115.5M ($16.1M) for the quarter.

Agora Holdings, Inc. (NASDAQ: API) reported its second-quarter 2025 financial results, highlighting a 0.3% year-over-year (YoY) increase in revenue to $34.3 million. The company also announced a Q3 revenue outlook, projecting total revenues between $36.0 million and $38.0 million, representing a 7.6% to 13.9% YoY growth [1].

The company's unaudited financial results for the second quarter ended June 30, 2025, showed a net income of $1.5 million, compared to a net loss of $9.2 million in the same period last year. Agora Holdings' revenue from its primary business, Agora, increased by 16.7% to $18.2 million, while its Chinese subsidiary, Shengwang, saw a 12.4% decrease in revenue to RMB115.5 million ($16.1 million) [1].

The company's gross profit for the quarter was $22.9 million, an increase of 7.7% from the same period last year, with a gross margin of 66.8%. Operating expenses were $26.5 million, a decrease of 18.7% from the previous year, driven by a 23.0% reduction in research and development expenses and a 26.6% decrease in general and administrative expenses [1].

Agora Holdings also announced a change in its executive leadership, with Mr. Sheng (Shawn) Zhong tendering his resignation from his roles as Director, Chief Technology Officer, and Chief Scientist. Mr. Tony Zhao, founder, chairman, and CEO of the company, will take over these responsibilities. Additionally, Mr. Tony Wang and Mr. Jingbo Wang have been appointed as directors of the company [1].

The company has adopted the Amended and Restated Global Equity Incentive Plan, increasing the number of Class A ordinary shares available for the granting of awards to 50,000,000 shares [1].

Agora Holdings continues to build on its momentum in the conversational AI and real-time engagement technology sectors, with several voice agent solutions entering real-world production. The company is confident that its technology will transform industries such as customer service, education, and smart devices [1].

References:
[1] https://investor.agora.io/news-releases/news-release-details/agora-inc-reports-second-quarter-2025-financial-results