Airgain Inc
AIRG Nasdaq· Radio & Tv Broadcasting & Communications Equipment
Last close · Oct 23, 2026
$4.05
KIRA · Stoqly’s AI analyst, in plain words
- Airgain Inc had $51.8M of revenue in fiscal 2025, down 14.6% on the year before. Over five years, revenue changed +1.3% a year on average.
- Its operating margin was −16.4%, down 1.7 pts: of every 100 in sales, about −16 is left after running the business.
- Airgain Inc lost $6.4M in fiscal 2025.
- Free cash flow was −$1.3M in fiscal 2025, −2.5% of revenue.
Market cap
$52.0M
P/E
—
Revenue
$51.8M
Net income
−$6.4M
Free cash flow
−$1.3M
Operating margin
−16.4%
Airgain Inc in 30 seconds · fiscal 2025
Are sales growing?
−14.6%
No. Sales fell 14.6% last year.
Does it make a profit?
−12.4%
No. It lost money last year.
Does profit turn into cash?
−2.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Airgain Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- AIRGAIN INC
- CIK
- 0001272842
Airgain Inc · AIRG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $64.3M | $75.9M | $56.0M | $60.6M | $51.8M |
| Revenue growth | 32.5% | 18.1% | −26.2% | 8.1% | −14.6% |
| Gross margin | 38.3% | 36.9% | 37.1% | 40.9% | 43.5% |
| Operating margin | −18.9% | −11.3% | −22.1% | −14.7% | −16.4% |
| Net income | −$10.1M | −$8.7M | −$12.4M | −$8.7M | −$6.4M |
| Net margin | −15.7% | −11.4% | −22.2% | −14.3% | −12.4% |
| Diluted EPS | −$1.01 | −$0.85 | −$1.20 | −$0.79 | −$0.54 |
| Cash | |||||
| Cash from operations | −$11.2M | $4.4M | −$3.3M | −$3.5M | −$1.1M |
| Capital expenditure | $0.7M | $0.8M | $0.3M | $0.2M | $0.2M |
| Free cash flow | −$11.9M | $3.7M | −$3.6M | −$3.7M | −$1.3M |
| FCF margin | −18.5% | 4.9% | −6.5% | −6.1% | −2.5% |
| Share buybacks | $0.1M | $0.0M | — | — | — |
| Share count change | 3.1% | 1.7% | 2.0% | 6.4% | 7.1% |
| Debt and strength | |||||
| Cash and short-term investments | $14.5M | $11.9M | $7.9M | $8.5M | $7.4M |
| Shareholders' equity | $44.2M | $39.8M | $31.4M | $31.0M | $28.3M |
| Current ratio | 1.8x | 2.1x | 1.9x | 1.9x | 2.0x |
| Returns and quality | |||||
| Return on equity | −21.9% | −20.6% | −34.9% | −27.9% | −21.7% |
| Return on tangible equity | −52.8% | −48.7% | −100.8% | −60.6% | −43.8% |
| Piotroski F-score | 1 | 4 | 2 | 4 | 4 |
| Altman Z'' | −0.4 | −0.4 | −3.6 | −3.6 | −4.4 |
Insiders bought, 12 months
$0.1M
2 insiders
Insiders sold, 12 months
$0.6M
3 insiders
Of sales under plans
89%
$0.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Airgain Inc · AIRG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.05 a share, the company is worth $52.0M.
Source: SEC EDGAR XBRL filings (CIK 0001272842). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.