Airgain financials
$5.20+0.97%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.8M | $60.6M | $56.0M | $75.9M | $64.3M | $48.5M | $55.7M | $60.6M | $49.5M | $43.4M |
| Gross profit | $22.5M | $24.8M | $20.8M | $28.0M | $24.6M | $22.6M | $25.3M | $26.5M | $23.3M | $19.3M |
| Gross margin | 43.5% | 40.9% | 37.1% | 36.9% | 38.3% | 46.6% | 45.4% | 43.7% | 47.1% | 44.4% |
| Operating income | -$8.5M | -$8.9M | -$12.4M | -$8.6M | -$12.1M | -$3.2M | $380.0K | -$3.4M | $969.0K | $3.5M |
| Net income | -$6.4M | -$8.7M | -$12.4M | -$8.7M | -$10.1M | -$3.3M | $926.0K | -$2.6M | $1.1M | $2.2M |
| Net margin | −12.4% | −14.3% | −22.2% | −11.4% | −15.7% | −6.8% | 1.7% | −4.3% | 2.3% | 5.1% |
| Diluted EPS | $-0.54 | $-0.79 | $-1.20 | $-0.85 | $-1.01 | $-0.34 | $0.09 | $-0.27 | $0.11 | $0.40 |
| EBITDA | -$4.8M | -$5.4M | -$8.8M | -$4.9M | -$11.6M | -$2.1M | $1.5M | -$2.1M | $2.0M | $4.3M |
| Operating cash flow | -$1.1M | -$3.5M | -$3.3M | $4.4M | -$11.2M | $3.7M | $2.4M | $1.8M | -$255.0K | $4.7M |
| Free cash flow | -$1.3M | -$3.7M | -$3.6M | $3.7M | -$11.9M | $3.0M | $1.2M | $776.0K | -$518.0K | $4.4M |
| Diluted shares | 11.8M | 11.1M | 10.4M | 10.2M | 10.0M | 9.7M | 10.1M | 9.5M | 10.4M | 4.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.4M | $8.5M | $7.9M | $11.9M | $14.5M | $38.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $841.0K | $0.00 |
| Total assets | $45.3M | $48.4M | $42.2M | $54.4M | $66.4M | $54.9M |
| Total liabilities | $17.0M | $17.5M | $10.8M | $14.6M | $22.2M | $7.2M |
| Shareholders' equity | $28.3M | $31.0M | $31.4M | $39.8M | $44.2M | $47.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology