8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Apr 21, 2026·SEC
Material company update
Feb 26, 2026·SEC
Airgain, Inc.(AIRG)Earnings, Financials & Key Ratios
AIRG•NASDAQ
$7.05
$86M mkt cap·Price updated May 6, 2026
AboutAirgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. It provides embedded antenna technologies to enable high performance wireless networking in a range of devices and markets, including consumer, enterprise, and automotive. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.Show more
- Revenue$52M-14.6%
- EBITDA-$5M+10.6%
- Net Income-$6M+26.0%
- EPS (Diluted)-0.54+31.6%
- Gross Margin43.54%+6.4%
- EBITDA Margin-9.24%-4.7%
- Operating Margin-16.38%-11.2%
- Net Margin-12.41%+13.4%
- ROE-21.69%+22.1%
- ROIC-22.78%+12.6%
- Debt/Equity0.30+140.9%
AIRG Key Insights
Airgain, Inc. (AIRG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 93 (top 7%)
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
- ✗Profits declining 14.4% over 5 years
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AIRG Price & Volume
Airgain, Inc. (AIRG) stock price & volume — 10-year historical chart
Loading chart...
AIRG Growth Metrics
Airgain, Inc. (AIRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.42%
5 Years1.32%
3 Years-11.97%
TTM-12.17%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM24.21%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM28.99%
Return on Capital
10 Years-12.34%
5 Years-24.99%
3 Years-27.4%
Last Year-25.21%
AIRG Peer Comparison
Airgain, Inc. (AIRG) competitors in Wireless Access and Backhaul Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TAOP | 1.33M | 1.33 | -0.17 | -15.97% | -19.58% | -46.71% | 0.50 | |
 GILT | 1.45B | 19.86 | 58.41 | 47.87% | 4.59% | 4.14% | 0.02 | |
 SPOK | 220.16M | 10.62 | 14.16 | 1.49% | 10.33% | 7.28% | 0.05 | |
 SWKS | 9.77B | 64.97 | 21.09 | -2.18% | 8.93% | 6.3% | 0.21 | |
 QRVO | 8.25B | 88.94 | 24.57 | -1.09% | 9.22% | 9.69% | 0.46 | |
 SMTC | 11.01B | 119.24 | -52.76 | 4.67% | 2.78% | 5.12% | 1.02 | |
 CODA | 134.35M | 11.92 | 32.22 | 30.75% | 14.78% | 7.17% | 0.01 | |
 CSCO | 362.87B | 91.63 | 35.93 | 5.3% | 18.76% | 23.21% | 0.63 |
Compare AIRG vs Peers
Airgain, Inc. (AIRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AIRG Income Statement
Airgain, Inc. (AIRG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 49.52M | 60.63M | 55.74M | 48.5M | 64.27M | 75.89M | 56.04M | 60.6M | 51.78M | 51.28M |
| Revenue Growth % | 14.02% | 22.42% | -8.06% | -12.98% | 32.52% | 18.08% | -26.16% | 8.14% | -14.55% | -12.17% |
| Cost of Goods Sold | 26.22M | 34.11M | 30.41M | 25.92M | 39.67M | 47.92M | 35.28M | 35.8M | 29.23M | 28.92M |
| COGS % of Revenue | 52.95% | 56.27% | 54.57% | 53.43% | 61.71% | 63.14% | 62.95% | 59.07% | 56.46% | - |
| Gross Profit | 23.3M▲ 0% | 26.51M▲ 13.8% | 25.32M▼ 4.5% | 22.59M▼ 10.8% | 24.61M▲ 9.0% | 27.97M▲ 13.7% | 20.76M▼ 25.8% | 24.8M▲ 19.5% | 22.55M▼ 9.1% | 22.36M▲ 0% |
| Gross Margin % | 47.05% | 43.73% | 45.43% | 46.57% | 38.29% | 36.86% | 37.05% | 40.93% | 43.54% | 43.6% |
| Gross Profit Growth % | 20.88% | 13.77% | -4.48% | -10.82% | 8.95% | 13.68% | -25.77% | 19.45% | -9.1% | - |
| Operating Expenses | 22.33M | 29.9M | 24.94M | 25.77M | 36.73M | 36.55M | 33.16M | 33.73M | 31.03M | 29.86M |
| OpEx % of Revenue | 45.1% | 49.31% | 44.75% | 53.13% | 57.15% | 48.16% | 59.18% | 55.66% | 59.92% | - |
| Selling, General & Admin | 15.01M | 20.58M | 15.96M | 16.61M | 23.77M | 25.21M | 22.66M | 21.87M | 21.49M | 20.57M |
| SG&A % of Revenue | 30.32% | 33.94% | 28.62% | 34.25% | 36.98% | 33.21% | 40.43% | 36.08% | 41.5% | - |
| Research & Development | 7.32M | 9.32M | 8.99M | 9.16M | 10.92M | 11.35M | 10.51M | 11.86M | 9.54M | 9.29M |
| R&D % of Revenue | 14.78% | 15.37% | 16.13% | 18.88% | 16.99% | 14.95% | 18.75% | 19.58% | 18.43% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 2.04M | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 969.2K▲ 0% | -3.39M▼ 449.4% | 380K▲ 111.2% | -3.18M▼ 937.9% | -12.12M▼ 280.8% | -8.58M▲ 29.2% | -12.4M▼ 44.5% | -8.93M▲ 28.0% | -8.48M▲ 5.0% | -7.5M▲ 0% |
| Operating Margin % | 1.96% | -5.59% | 0.68% | -6.56% | -18.86% | -11.31% | -22.13% | -14.73% | -16.38% | -14.63% |
| Operating Income Growth % | -71.92% | -449.36% | 111.22% | -937.89% | -280.78% | 29.23% | -44.52% | 28% | 4.98% | - |
| EBITDA | 1.99M | -2.12M | 1.53M | -2.09M | -8.57M | -4.88M | -8.77M | -5.35M | -4.79M | -5.57M |
| EBITDA Margin % | 4.01% | -3.5% | 2.74% | -4.31% | -13.34% | -6.43% | -15.65% | -8.83% | -9.24% | -10.86% |
| EBITDA Growth % | -54.02% | -206.83% | 171.99% | -236.91% | -309.85% | 43.1% | -79.75% | 38.99% | 10.58% | 5.1% |
| D&A (Non-Cash Add-back) | 1.02M | 1.26M | 1.15M | 1.09M | 3.55M | 3.7M | 3.63M | 3.58M | 3.7M | 1.93M |
| EBIT | 1.27M | -2.45M | 380K | -3.18M | -10.08M | -8.58M | -12.4M | -8.93M | -6.35M | -4.83M |
| Net Interest Income | 198K | 553K | 709K | 197K | 26K | 63K | 109K | 115K | 0 | 321K |
| Interest Income | 296.45K | 584.74K | 714K | 197K | 26K | 63K | 109K | 115K | 0 | 321K |
| Interest Expense | 98.71K | 30.99K | 5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 197.94K | 903K | 709K | 178K | -12K | 5K | 100K | 88K | 2.13M | 844K |
| Pretax Income | 1.17M▲ 0% | -2.48M▼ 312.8% | 1.09M▲ 143.9% | -3.01M▼ 376.0% | -12.14M▼ 303.7% | -8.57M▲ 29.3% | -12.3M▼ 43.4% | -8.84M▲ 28.1% | -6.35M▲ 28.1% | -6.66M▲ 0% |
| Pretax Margin % | 2.36% | -4.1% | 1.95% | -6.2% | -18.88% | -11.3% | -21.95% | -14.59% | -12.27% | -12.98% |
| Income Tax | 25.68K | 101.54K | 163K | 273K | -2.05M | 84K | 128K | -152K | 73K | 121K |
| Effective Tax Rate % | 2.2% | -4.09% | 14.97% | -9.08% | 16.88% | -0.98% | -1.04% | 1.72% | -1.15% | -1.82% |
| Net Income | 1.14M▲ 0% | -2.58M▼ 326.4% | 926K▲ 135.8% | -3.28M▼ 454.1% | -10.09M▼ 207.6% | -8.66M▲ 14.2% | -12.43M▼ 43.5% | -8.69M▲ 30.1% | -6.43M▲ 26.0% | -5.9M▲ 0% |
| Net Margin % | 2.3% | -4.26% | 1.66% | -6.76% | -15.69% | -11.41% | -22.18% | -14.34% | -12.41% | -11.5% |
| Net Income Growth % | -69.43% | -326.45% | 135.83% | -454.1% | -207.62% | 14.16% | -43.53% | 30.09% | 26.04% | 24.21% |
| Net Income (Continuing) | 1.14M | -2.58M | 926K | -3.28M | -10.09M | -8.66M | -12.43M | -8.69M | -6.43M | -5.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.11▲ 0% | -0.27▼ 345.5% | 0.09▲ 134.0% | -0.34▼ 470.8% | -1.01▼ 197.1% | -0.85▲ 15.8% | -1.20▼ 41.2% | -0.79▲ 34.2% | -0.54▲ 31.6% | -0.48▲ 0% |
| EPS Growth % | -72.5% | -345.45% | 133.96% | -470.77% | -197.06% | 15.84% | -41.18% | 34.17% | 31.65% | 28.99% |
| EPS (Basic) | 0.12 | -0.27 | 0.10 | -0.34 | -1.01 | -0.85 | -1.20 | -0.79 | -0.54 | - |
| Diluted Shares Outstanding | 10.36M | 9.52M | 10.1M | 9.71M | 10.02M | 10.19M | 10.39M | 11.05M | 11.84M | 12.31M |
| Basic Shares Outstanding | 9.48M | 9.52M | 9.68M | 9.71M | 10.02M | 10.19M | 10.39M | 11.05M | 11.84M | 12.31M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
AIRG Balance Sheet
Airgain, Inc. (AIRG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 46.08M | 43.09M | 45.09M | 45.43M | 35.49M | 27.15M | 19.08M | 25.83M | 25.76M | 23.84M |
| Cash & Short-Term Investments | 36.31M | 33.79M | 34.88M | 38.17M | 14.55M | 11.98M | 7.92M | 8.51M | 7.36M | 7.13M |
| Cash Only | 15.03M | 13.62M | 13.2M | 38.17M | 14.55M | 11.98M | 7.92M | 8.51M | 7.36M | 7.13M |
| Short-Term Investments | 21.29M | 20.17M | 21.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.42M | 7.01M | 7.66M | 4.78M | 10.76M | 8.74M | 7.38M | 11.67M | 12.78M | 11.27M |
| Days Sales Outstanding | 62.05 | 42.22 | 50.13 | 35.99 | 61.09 | 42.04 | 48.03 | 70.3 | 90.05 | 86.77 |
| Inventory | 741.56K | 1.35M | 1.19M | 1.02M | 8.95M | 4.23M | 2.4M | 3.95M | 3.58M | 4.07M |
| Days Inventory Outstanding | 10.32 | 14.46 | 14.32 | 14.31 | 82.35 | 32.19 | 24.86 | 40.3 | 44.7 | 47.4 |
| Other Current Assets | 0 | 0 | 0 | 0 | 1.23M | 2.2M | 1.38M | 1.7M | 2.04M | 1.38M |
| Total Non-Current Assets | 10.22M | 9.82M | 9.63M | 9.49M | 34.67M | 30.4M | 25.49M | 22.61M | 19.58M | 19.55M |
| Property, Plant & Equipment | 1.04M | 1.4M | 2.13M | 2.38M | 5.47M | 4.98M | 3.9M | 5.89M | 5.86M | 5.55M |
| Fixed Asset Turnover | 47.76x | 43.29x | 26.22x | 20.40x | 11.74x | 15.23x | 14.37x | 10.28x | 8.83x | 8.92x |
| Goodwill | 3.7M | 3.7M | 3.7M | 3.7M | 10.85M | 10.85M | 10.85M | 10.85M | 10.85M | 10.85M |
| Intangible Assets | 5.13M | 4.45M | 3.8M | 3.17M | 14.23M | 11.2M | 8.23M | 5.8M | 2.79M | 3M |
| Long-Term Investments | 138.71K | 355.35K | 0 | 0 | 135K | 175K | 55K | 0 | 55K | 110K |
| Other Non-Current Assets | 349.74K | 269.14K | 10K | 249K | 217K | 41K | 115K | 74K | 30K | 281K |
| Total Assets | 56.3M▲ 0% | 52.91M▼ 6.0% | 54.73M▲ 3.4% | 54.93M▲ 0.4% | 70.16M▲ 27.7% | 57.55M▼ 18.0% | 44.57M▼ 22.6% | 48.44M▲ 8.7% | 45.34M▼ 6.4% | 43.39M▲ 0% |
| Asset Turnover | 0.88x | 1.15x | 1.02x | 0.88x | 0.92x | 1.32x | 1.26x | 1.25x | 1.14x | 1.14x |
| Asset Growth % | 0.42% | -6.02% | 3.44% | 0.37% | 27.74% | -17.97% | -22.56% | 8.7% | -6.41% | 0.24% |
| Total Current Liabilities | 9.73M | 7.51M | 6.76M | 6.86M | 19.89M | 12.9M | 9.99M | 13.5M | 12.98M | 11.51M |
| Accounts Payable | 3.97M | 4.14M | 3.84M | 2.98M | 5.47M | 6.51M | 6.47M | 9.5M | 9.21M | 7.07M |
| Days Payables Outstanding | 55.25 | 44.26 | 46.06 | 41.9 | 50.37 | 49.56 | 66.96 | 96.86 | 115.04 | 98.71 |
| Short-Term Debt | 1.33M | 0 | 0 | 0 | 841K | 904K | 865K | 0 | 821K | 832K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 19K | 8.8M | 771K | 202K | 104K | 0 | 3.64M |
| Other Current Liabilities | 2.12M | 0 | 2.53M | 2.79M | 2.5M | 1.62M | 1.58M | 2.45M | 2.95M | 10.68M |
| Current Ratio | 4.74x | 5.74x | 6.67x | 6.63x | 1.78x | 2.10x | 1.91x | 1.91x | 1.98x | 1.98x |
| Quick Ratio | 4.66x | 5.56x | 6.50x | 6.48x | 1.33x | 1.78x | 1.67x | 1.62x | 1.71x | 1.71x |
| Cash Conversion Cycle | 17.12 | 12.41 | 18.39 | 8.4 | 93.06 | 24.66 | 5.93 | 13.74 | 19.71 | 35.45 |
| Total Non-Current Liabilities | 342.83K | 248.96K | 63K | 329K | 6.1M | 4.83M | 3.16M | 3.97M | 4.07M | 3.87M |
| Long-Term Debt | 334.86K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.88M | 3.68M |
| Capital Lease Obligations | 0 | 0 | 11K | 271K | 2.22M | 1.54M | 674K | 3.81M | 3.88M | 11.48M |
| Deferred Tax Liabilities | 7.97K | 37.58K | 52K | 58K | 3.88M | 3.29M | 2.49M | 163K | 186K | 702K |
| Other Non-Current Liabilities | 7.97K | 211K | 0 | 0 | 0 | 0 | 0 | 0 | -3.88M | -3.88M |
| Total Liabilities | 10.07M | 7.76M | 6.82M | 7.18M | 25.99M | 17.73M | 13.15M | 17.47M | 17.05M | 15.38M |
| Total Debt | 1.75M | 292.71K | 96K | 310K | 3.06M | 2.44M | 1.54M | 3.9M | 8.58M | 4.51M |
| Net Debt | -13.28M | -13.33M | -13.1M | -37.86M | -11.49M | -9.54M | -6.38M | -4.61M | 1.22M | -2.62M |
| Debt / Equity | 0.04x | 0.01x | 0.00x | 0.01x | 0.07x | 0.06x | 0.05x | 0.13x | 0.30x | 0.30x |
| Debt / EBITDA | 0.88x | - | 0.06x | - | - | - | - | - | - | -0.81x |
| Net Debt / EBITDA | -6.68x | - | -8.57x | - | - | - | - | - | - | 0.47x |
| Interest Coverage | 12.82x | -79.13x | 76.00x | - | - | - | - | - | - | - |
| Total Equity | 46.22M▲ 0% | 45.15M▼ 2.3% | 47.9M▲ 6.1% | 47.74M▼ 0.3% | 44.17M▼ 7.5% | 39.83M▼ 9.8% | 31.41M▼ 21.1% | 30.97M▼ 1.4% | 28.29M▼ 8.7% | 28.02M▲ 0% |
| Equity Growth % | 2.65% | -2.33% | 6.11% | -0.34% | -7.48% | -9.84% | -21.12% | -1.41% | -8.65% | -25.48% |
| Book Value per Share | 4.46 | 4.74 | 4.74 | 4.91 | 4.41 | 3.91 | 3.02 | 2.80 | 2.39 | 2.28 |
| Total Shareholders' Equity | 46.22M | 45.15M | 47.9M | 47.74M | 44.17M | 39.83M | 31.41M | 30.97M | 28.29M | 28.02M |
| Common Stock | 961 | 995 | 96.62M | 100.36M | 106.97M | 111.28M | 115.3M | 123.55M | 127.29M | 128.91M |
| Retained Earnings | -42.41M | -44.99M | -44.07M | -47.35M | -57.43M | -66.09M | -78.52M | -87.21M | -93.64M | -95.53M |
| Treasury Stock | -1.26M | -3.43M | -4.66M | -5.27M | -5.36M | -5.36M | -5.36M | -5.36M | -5.36M | 0 |
| Accumulated OCI | -16.91K | -11.14K | 8K | 0 | 0 | 0 | 3K | -4K | -4K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AIRG Cash Flow Statement
Airgain, Inc. (AIRG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -254.66K | 1.38M | 2.35M | 3.7M | -11.17M | 4.45M | -3.3M | -3.53M | -1.11M | -1.11M |
| Operating CF Margin % | -0.51% | 2.27% | 4.22% | 7.64% | -17.38% | 5.86% | -5.89% | -5.82% | -2.15% | - |
| Operating CF Growth % | -105.45% | 640.54% | 70.72% | 57.62% | -401.57% | 139.8% | -174.25% | -6.85% | 68.44% | 1047.97% |
| Net Income | 1.14M | -2.58M | 926K | -3.28M | -10.09M | -8.66M | -12.43M | -8.69M | -6.43M | -5.9M |
| Depreciation & Amortization | 1.02M | 1.26M | 1.15M | 1.09M | 3.55M | 3.7M | 3.63M | 3.71M | 3.7M | 3.92M |
| Stock-Based Compensation | 736.07K | 2.91M | 2.2M | 2.56M | 4.05M | 4.98M | 3.68M | 4.63M | 2.96M | 2.76M |
| Deferred Taxes | 1.8K | 29.61K | 14K | 6K | -2.28M | 30K | 12K | 11K | 23K | 22K |
| Other Non-Cash Items | -91.48K | -551.07K | -312K | 75K | 2.06M | -2.04M | 0 | 0 | 0 | -710K |
| Working Capital Changes | -3.06M | 308.81K | -1.63M | 3.25M | -8.46M | 6.43M | 1.8M | -3.19M | -1.37M | -62K |
| Change in Receivables | -2.68M | 1.04M | -643K | 2.87M | -4.85M | 2.02M | 1.37M | -4.3M | -1.1M | 98K |
| Change in Inventory | -161.97K | -609.55K | 158K | 177K | -6.26M | 4.72M | 1.82M | -1.55M | 372K | -311K |
| Change in Payables | -101.8K | 293.66K | -303K | -862K | 1.82M | 1.04M | -93K | 2.93M | -285K | -794K |
| Cash from Investing | -27.82M | 335.57K | -2.38M | 20.89M | -14.92M | -750K | -346K | -178K | -389K | -490K |
| Capital Expenditures | -263.06K | -989.87K | -1.2M | -727K | -736K | -763K | -346K | -178K | -166K | -402K |
| CapEx % of Revenue | 0.53% | 1.63% | 2.15% | 1.5% | 1.15% | 1.01% | 0.62% | 0.29% | 0.32% | - |
| Acquisitions | -6.35M | 0 | 1.19M | -21.61M | -14.19M | -6.53M | 0 | 0 | 0 | -340K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -21.21M | 1.33M | -1.19M | 21.61M | 0 | 6.54M | 0 | 0 | -223K | 252K |
| Cash from Financing | -2.06M | -3.12M | -392K | 561K | 2.43M | -6.3M | -458K | 4.3M | 350K | 1.11M |
| Debt Issued (Net) | -1.39M | -1.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -669K | -1.41M | -392K | 561K | 2.43M | 228K | 232K | 4.39M | 541K | 393K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.26M | -2.17M | -1.23M | -608K | -97K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 1K | -375.33K | 0 | 0 | 0 | -6.53M | -690K | -94K | -191K | 722K |
| Net Change in Cash | -30.14M▲ 0% | -1.41M▲ 95.3% | -424K▲ 69.8% | 25.15M▲ 6031.8% | -23.66M▼ 194.1% | -2.61M▲ 89.0% | -4.1M▼ 57.3% | 589K▲ 114.4% | -1.15M▼ 295.6% | -164K▲ 0% |
| Free Cash Flow | -517.72K▲ 0% | 386.65K▲ 174.7% | 1.15M▲ 198.5% | 2.98M▲ 158.0% | -11.91M▼ 499.9% | 3.68M▲ 130.9% | -3.65M▼ 199.0% | -3.71M▼ 1.6% | -1.28M▲ 65.5% | -1.25M▲ 0% |
| FCF Margin % | -1.05% | 0.64% | 2.07% | 6.14% | -18.52% | 4.85% | -6.51% | -6.11% | -2.47% | -2.44% |
| FCF Growth % | -111.78% | 174.68% | 198.46% | 157.97% | -499.93% | 130.93% | -199.02% | -1.59% | 65.48% | 65.24% |
| FCF per Share | -0.05 | 0.04 | 0.11 | 0.31 | -1.19 | 0.36 | -0.35 | -0.34 | -0.11 | -0.11 |
| FCF Conversion (FCF/Net Income) | -0.22x | -0.53x | 2.54x | -1.13x | 1.11x | -0.51x | 0.27x | 0.41x | 0.17x | 0.21x |
| Interest Paid | 99K | 37K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 103K | 46K | 71K | 164K | 153K | 197K | 112K | 50K | 0 | 25K |
AIRG Key Ratios
Airgain, Inc. (AIRG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 2.5% | -5.66% | 1.99% | -6.86% | -21.95% | -20.62% | -34.89% | -27.85% | -21.69% | -20.36% |
| Return on Invested Capital (ROIC) | 4.03% | -7.84% | 0.86% | -10.69% | -42.73% | -20.44% | -33.63% | -26.06% | -22.78% | -22.78% |
| Gross Margin | 47.05% | 43.73% | 45.43% | 46.57% | 38.29% | 36.86% | 37.05% | 40.93% | 43.54% | 43.6% |
| Net Margin | 2.3% | -4.26% | 1.66% | -6.76% | -15.69% | -11.41% | -22.18% | -14.34% | -12.41% | -11.5% |
| Debt / Equity | 0.04x | 0.01x | 0.00x | 0.01x | 0.07x | 0.06x | 0.05x | 0.13x | 0.30x | 0.30x |
| Interest Coverage | 12.82x | -79.13x | 76.00x | - | - | - | - | - | - | - |
| FCF Conversion | -0.22x | -0.53x | 2.54x | -1.13x | 1.11x | -0.51x | 0.27x | 0.41x | 0.17x | 0.21x |
| Revenue Growth | 14.02% | 22.42% | -8.06% | -12.98% | 32.52% | 18.08% | -26.16% | 8.14% | -14.55% | -12.17% |
AIRG SEC Filings & Documents
Airgain, Inc. (AIRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
AIRG Frequently Asked Questions
Airgain, Inc. (AIRG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Airgain, Inc. (AIRG) reported $51.3M in revenue for fiscal year 2025. This represents a 182% increase from $18.2M in 2012.
Airgain, Inc. (AIRG) saw revenue decline by 14.6% over the past year.
Airgain, Inc. (AIRG) reported a net loss of $5.9M for fiscal year 2025.
Dividend & Returns
Airgain, Inc. (AIRG) has a return on equity (ROE) of -21.7%. Negative ROE indicates the company is unprofitable.
Airgain, Inc. (AIRG) had negative free cash flow of $1.2M in fiscal year 2025, likely due to heavy capital investments.
Explore More AIRG
Airgain, Inc. (AIRG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates