Agora, Inc. reported its unaudited financial results for the second quarter of 2025, showing the third consecutive quarter of GAAP profitability. Total revenues were $34.3 million, with a net income of $1.5 million. Active customers increased for both Agora and Shengwang, with a Dollar-Based Net Retention Rate of 97% and 87%, respectively. The company also announced changes in executive leadership and the adoption of an Amended and Restated Global Equity Incentive Plan. Looking ahead, Agora expects total revenues for the third quarter of 2025 to be between $34 million and $36 million.

In terms of financial performance, Agora’s total revenues for the second quarter of 2025 were $34.3 million, with a gross profit of $22.9 million. Operating expenses decreased by 18.7% compared to the same period last year. Loss from operations was $3.1 million, improved from $11.1 million in the second quarter of 2024. Interest income was $3.7 million, while investment income was $0.8 million. Net income for the quarter was $1.5 million, resulting in basic and diluted net income per American Depositary Share of $0.02 and $0.01, respectively.

The Company also provided a snapshot of its financial position, with total assets amounting to $697.6 million and total liabilities of $132.2 million as of June 30, 2025. Agora’s cash flows from operating activities showed a net increase of $17.2 million for the quarter. Additionally, the Company disclosed its cash flows from investing and financing activities, as well as supplemental disclosure of cash flow information.