API 6-K

Agora, Inc. (API)

6-K 2026-08-14 For: 2026-08-14

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Added on August 14, 2026

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AGORA, INC.

By:	/s/ Jingbo Wang
Name:	Jingbo Wang
Title:	Chief Financial Officer


	As of	As of
	June 30,	December 31,
	2026	2025
Assets
Current assets:
Cash and cash equivalents	72,667	75,446
Short-term bank deposits	215,988	84,460
Short-term financial products issued by banks	52,000	55,000
Short-term investments	3,181	4,583
Restricted cash	200	200
Accounts receivable, net	28,251	24,867
Prepayments and other current assets	22,371	14,590
Contract assets	127	123
Held-for-sale assets	600	831
Total current assets	395,385	260,100
Property and equipment, net	3,543	3,947
Construction in progress in relation to the headquarters project	104,488	84,239
Operating lease right-of-use assets	1,499	2,145
Intangible assets	16	96
Long-term bank deposits	21,000	160,001
Long-term investments	29,349	29,182
Land use right, net	164,971	161,591
Other non-current assets	12,907	19,798
Total assets	733,158	721,099
Liabilities and shareholders’ equity
Current liabilities:
Short-term borrowings	1,330	-
Accounts payable	11,460	9,638
Advances from customers	9,115	7,906
Taxes payable	798	696
Current operating lease liabilities	947	1,521
Payables for construction costs	17,340	16,607
Advance in relation to the headquarters project	21,292	-
Accrued expenses and other current liabilities	15,144	20,417
Total current liabilities	77,426	56,785
Long-term payable	1	3
Long-term operating lease liabilities	138	399
Deferred tax liabilities	-	12
Long-term borrowings in relation to the headquarters project	98,986	80,420
Advance in relation to the headquarters project	-	20,632
Total liabilities	176,551	158,251
Shareholders’ equity:
Class A ordinary shares	40	39
Class B ordinary shares	8	8
Additional paid-in-capital	1,146,475	1,145,126
Treasury shares, at cost	(110,727)	(95,238)


Accumulated other comprehensive loss	(5,396)	(9,987)
Accumulated deficit	(473,793)	(477,100)
Total shareholders’ equity	556,607	562,848
Total liabilities and shareholders’ equity	733,158	721,099


	Three Month Ended		Six Month Ended
	June 30,		June 30,
	2026	2025	2026	2025
Real-time engagement service revenues	39,452	33,716	76,640	66,389
Real-time engagement on-premise solution and other revenues	968	543	1,525	1,139
Total revenues	40,420	34,259	78,165	67,528
Cost of revenues	14,683	11,389	28,499	22,024
Gross profit	25,737	22,870	49,666	45,504
Operating expenses:
Research and development	15,396	13,976	29,817	27,994
Sales and marketing	6,420	6,521	12,358	12,756
General and administrative	5,467	6,039	11,490	12,277
Total operating expenses	27,283	26,536	53,665	53,027
Other operating income	593	548	1,398	702
Loss from operations	(953)	(3,118)	(2,601)	(6,821)
Exchange gain	123	85	378	156
Interest income	3,401	3,706	6,841	7,341
Interest expense	(15)	(1)	(29)	(6)
Investment (loss) income	(413)	797	(1,264)	1,485
Income before income taxes	2,143	1,469	3,325	2,155
Income taxes	(54)	(43)	(183)	(84)
Income (loss) from equity in affiliates	109	36	165	(202)
Net income	2,198	1,462	3,307	1,869
Net income attributable to ordinary shareholders	2,198	1,462	3,307	1,869
Other comprehensive income (loss):
Foreign currency translation adjustments	2,272	343	4,591	(326)
Total comprehensive income attributable to ordinary shareholders	4,470	1,805	7,898	1,543

Net income per share attributable to ordinary shareholders
Basic	0.006	0.004	0.010	0.005
Diluted	0.006	0.004	0.009	0.005
Net income per ADS attributable to ordinary shareholders
Basic	0.03	0.02	0.04	0.02
Diluted	0.02	0.01	0.04	0.02
Weighted average ordinary shares outstanding
Basic	339,719,445	370,332,857	343,640,224	373,734,048
Diluted	369,538,625	392,602,913	373,935,107	400,458,176
Weighted average ADS outstanding
Basic	84,929,861	92,583,214	85,910,056	93,433,512
Diluted	92,384,656	98,150,728	93,483,777	100,114,544


Share-based compensation expenses included in:
Cost of revenues	2	29	4	75
Research and development expenses	520	978	1,112	2,337
Sales and marketing expenses	140	210	263	424
General and administrative expenses	539	314	1,125	642


Proceeds from long-term borrowings	6,381	3,507	15,774	14,134
Proceeds from exercise of employees’ share options	90	181	103	477
Payment of financing cost	(713)	-	(2,252)	-
Repurchase of Class A ordinary shares	(3,731)	(10,862)	(17,035)	(12,103)
Net cash provided by (used in) financing activities	3,351	(7,174)	(2,086)	2,508
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	139	(9)	343	(838)
Net (decrease) increase in cash, cash equivalents and restricted cash	(32,401)	(2,314)	(2,779)	9,699
Cash, cash equivalents and restricted cash at beginning of period *	105,268	42,841	75,646	30,828
Cash, cash equivalents and restricted cash at end of period **	72,867	40,527	72,867	40,527
Supplemental disclosure of cash flow information:
Income taxes paid	15	33	39	73
Cash payments included in the measurement of operating lease liabilities	572	587	1,119	1,159
Right-of-use assets obtained in exchange for operating lease obligations	-	86	-	86
Non-cash financing and investing activities:
Proceeds receivable from exercise of employees’ share options	16	46	16	46
Proceeds receivable for dividend	100	110	100	110
Proceeds receivable for disposal	-	2,909	-	2,909
Payables for financing cost	63	-	409	-
Payables for property and equipment	24	191	24	191
Payables for construction in progress in relation to the headquarters project	4,472	11,497	13,460	12,138
Payables for treasury shares, at cost	41	37	41	37
* includes restricted cash balance	200	230	200	3,745
** includes restricted cash balance	200	200	200	230



Exhibit	Description