Agora, Inc.

APINASDAQTechnology● Active

$4.55

$-0.27(-5.51%)

Market Cap$409564980

P/E Ratio—

52W High$5.495

52W Low$3.14

Avg Volume431K

Open$4.77

Beta0.78

Free Cash Flow Financials Revenue

Agora, Inc. (API) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

API · free cash flow · updated Jun 8, 2026

Core FCF metrics

API · FCF · TTM · margin & CAGR

Free cash flow was −$6.3M for FY2025 (fiscal year ending 2025-12-31), up 87.3% year-over-year The FCF margin was -4.5%.

FY2025 Free Cash Flow−$6.3M▲ +87.3% YoY

Trailing 12M (TTM)−$16.8Mtrailing 4 quarters sum

FCF Margin-4.5%−$6.3M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

API · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$27.4M(34M)−$6.3M▲ +87.3%-4.5%

FY2024−$14.1M(35M)−$49.4M▼ 62.1%-37.0%

FY2023−$13.6M(17M)−$30.5M▲ +88.0%-21.5%

FY2022−$44.4M(210M)−$254.3M▼ 682.9%-158.3%

FY2021−$20.0M(12M)−$32.5M▼ 414.3%-19.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

API · P/FCF · FCF yield · FCF per share

Agora, Inc. (API) reported negative free cash flow of −$0.01B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

API · cash flow statement · operating / investing / financing

For FY2025, Agora, Inc. generated $27.4M in operating cash flow and spent 34M in capital expenditures, yielding −$6.3M in free cash flow.

Operating Activities

+$27.4M

Cash from core business operations

2025-12-31

Investing Activities

+$13.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$5.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($27.4M) − |CapEx| (34M) = FCF (−$6.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

API vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Agora, Inc.YOU

API

−$6.3M+87.3%-4.5%

Loss

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Agora, Inc. (API) reported free cash flow of −$6.3M for FY2025 (fiscal year ending 2025-12-31), up 87.3% year-over-year. The FCF margin was -4.5%.

Agora, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 8 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

API free cash flow · 8 questions

Agora, Inc. free cash flow was −$6.3M for FY2025, up 87.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$16.8M.

API free cash flowAPI FCFAPI FCF 2025API free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Agora, Inc. · Agora, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026