Airgain, Inc. (AIRG)
NASDAQ: AIRG · Real-Time Price · USD
5.86
-0.21 (-3.46%)
Jul 24, 2026, 4:00 PM EDT - Market closed

Airgain Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
51.2851.7860.656.0475.964.27
Revenue Growth
-12.17%-14.56%8.13%-26.16%18.08%32.52%
Gross Profit
22.3622.5524.820.7627.9724.61
Operating Income
-7.5-8.48-8.93-12.4-8.58-12.12
Net Income
-6.78-6.43-8.69-12.43-8.66-10.09
Earnings Per Share
-0.55-0.54-0.79-1.20-0.85-1.01
EPS Growth
------

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
North America
24.4823.9435.9---
China (Including Hong Kong and Taiwan)
26.0126.8822.3520.2928.0927.38
Rest of the world
0.790.962.351.832.132.59
Total
51.2851.7860.656.0475.964.27

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7.137.368.517.8811.914.51
Total Debt
4.514.73.91.542.443.06
Net Cash (Debt)
2.622.664.616.349.4611.45
Net Cash Growth
-12.10%-42.38%-27.29%-32.98%-17.35%-69.76%
Net Cash Per Share
0.220.220.420.610.931.14

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-0.85-1.11-3.53-3.34.45-11.17
Capital Expenditures
-0.18-0.17-0.18-0.35-0.76-0.74
Free Cash Flow
-1.03-1.28-3.71-3.653.68-11.91
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
43.60%43.54%40.93%37.05%36.86%38.29%
Operating Margin
-14.63%-16.38%-14.73%-22.13%-11.31%-18.86%
Pretax Margin
-12.98%-12.27%-14.59%-21.95%-11.30%-18.88%
Profit Margin
-13.22%-12.41%-14.34%-22.18%-11.41%-15.69%
FCF Margin
-2.00%-2.47%-6.11%-6.51%4.85%-18.52%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
40.4123.62151.1849.6025.83120.00
P/FCF Ratio
----18.08-
PS Ratio
1.450.951.340.670.881.67