EarningsQ2 2026 Earnings Report
MX:APIN Q2 2026 EPS Results
Actual EPS$0.36
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.18
MX:APIN Q2 2026 Revenue Results
Actual Revenue$735.27M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth+17.76%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeAfter Close
Conference CallThursday, August 13, 2026
MX:APIN Upcoming Earnings
Agora's next earnings date is estimated for November 24, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:APIN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed stronger-than-expected top-line growth (18% YoY), materially higher net income (up 50%), improved retention (DBNR to 104%), healthy product momentum in conversational AI, and disciplined expense management — all positive indicators. Key concerns include a year-over-year gross margin decline (≈3.1 ppt) driven by subscale AI mix, negative operating cash flow for the quarter, and a remaining GAAP operating loss of $1.0M. Conversational AI shows clear upside but remains early and targeted to be ~5% of revenue by year-end, meaning near-term margin pressure and cash investment continue. Overall, positive operational and commercial progress appears to outweigh the near-term financial headwinds.Company Guidance
Revenue Growth Above Guidance
Total revenue of $40.4M in Q2 2026, up 18% year-over-year and above the high end of guidance; third consecutive quarter of accelerating top-line growth.
Net Income and GAAP Profitability
GAAP net income of $2.2M, up 50.3% year-over-year, representing a net income margin of 5.4%; management reiterated a multi-quarter path toward sustained GAAP operating profitability.
Improved Customer Retention
Dollar-based net retention rate improved to 104% in Q2 2026 from 94% in Q2 2025, moving back above 100% and indicating expansion within the customer base.
Gross Profit Increase
Gross profit increased to $25.7M, a 12.5% year-over-year rise; sequential gross margin was 63.7% (up slightly from 63.4% in Q1 2026).
Active Capital Return Program
Share repurchases: ~1M ADS bought in Q2 for ~$3.7M; total repurchased ~44.6M ADS for ~$159.9M to date. Cash, cash equivalents and deposits ended at $361.7M.
Product and Conversational AI Momentum
Strong early traction for voice AI agents across call-center use cases (outbound marketing, surveys, financial outreach, gaming UA/retention); launched developer tools (Agora Skills and Agora CLI) and announced Gradium TTS partnership. Company targets ~5% revenue contribution from conversational AI by end of 2026 and expects further scale next year.
Conservative and Positive Guidance
Q3 2026 revenue guidance of $41M–$42M, implying year-over-year growth of 15.8%–18.6%, reflecting continued healthy demand.
MX:APIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed