R&D expense · 2018–2025

Agora R&D expense

$55.5M−31.0% · FY2025

Agora (API) reported $55.5M in R&D expense for fiscal 2025, −31.0% year on year.

$14.4M2018$23.6M2019$49.5M2020$111M2021$115M2022$77.7M2023$80.3M2024$55.5M2025
Agora — R&D expense, 2018–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$55.5M−31.0%Open →
FY20242024-12-31$80.3M+3.4%Open →
FY20232023-12-31$77.7M−32.2%Open →
FY20222022-12-31$115M+3.5%Open →
FY20212021-12-31$111M+123.6%Open →
FY20202020-12-31$49.5M+109.5%Open →
FY20192019-12-31$23.6M+63.8%Open →
FY20182018-12-31$14.4M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2018–2025 compound annual growth +21.2%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Agora R&D expense |url=https://companiesranked.com/en/company/agora/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Agora R&D expense. CompaniesRanked. https://companiesranked.com/en/company/agora/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-agora-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Agora R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/agora/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001193125-26-155920 · April 15, 2026

{{cite web |title=Agora R&D expense — 20-F (0001193125-26-155920) |url=https://www.sec.gov/Archives/edgar/data/1802883/000119312526155920/api-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-15}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← Agora overview