Agora, Inc. delivered a solid performance in Q3 2025, achieving $35.4 million in revenue—a 12% year-over-year increase—while maintaining GAAP profitability for the fourth consecutive quarter.

• Achieved GAAP net profit of $2.7 million with a net margin of 7.8%, underlining sustainable profitability.
• Core real-time engagement business grew revenue by 15.9% year-over-year, bolstered by successful market penetration, particularly in live shopping.
• Launched a new conversational AI engine and an easy-to-use AI studio, aimed at addressing critical challenges in developing voice agents.
• Dollar-based net retention rate improved to 108% for Agora, signaling strong customer loyalty and expansion; Shunghu also saw positive growth at a retention rate of 90%.
• R&D expenses significantly reduced by 52.8% year-over-year, emphasizing cost management while investing in innovation.