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NASDAQ · RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT · SMALL CAP

Airgain Inc. AIRG

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$51.8M
▼ 14.6% YoY
$-6.4M
$-1.3M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Airgain is headquartered in San Diego, California and is a leading provider of advanced wireless connectivity solutions. Airgain's diverse product portfolio serves three primary markets: enterprise, automotive, and consumer. The company's products are manufactured by contract manufacturers in Vietnam, China, Taiwan, Mexico and the United States. As of December 31, 2025, the company had 47 employees engaged in research and development. As of December 31, 2025, the company had a total of 106 employees and dedicated representatives, including 71 based in the United States and 35 internationally. As of December 31, 2025, Airgain's intellectual property portfolio comprised more than 300 granted patents and pending patent applications in the United States and various foreign jurisdictions, including Europe and Asia.

Written from the business description in Airgain, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 51.8M
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 51.8 · Net income -6.4
30M60M-5M-10M
20142017202020232025
Compound annual growth
−12.0%
+1.3%
+6.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−12 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -16.4% · Net -12.4%
5%10%-10%-20%
201420192025
ROE
FY2025 · ROE -21.7%
-10%-20%-30%
201420192025
Three returns, three denominators.

Each USD of equity lost 22 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -1.3
2M4M-5M-10M
201420192025
Net buybacks $M Dividends $M
FY2022 · Dividends · · Net buybacks -0.2
0.5M1.0M-1.0M-2.0M
201720182019202020212022

Total assetsUSD 45.3M
EquityUSD 28.3M
CashUSD 7.4M
Current ratio1.98×

Equity funds 62% of total assets.

The 12-year record

12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
AIRG, 12-year financial record
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.10.10.10.10.10.00.10.10.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.00.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.00.00.00.0
Income tax $B0.0−0.00.00.0−0.00.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.00.0−0.00.0
Free cash flow $B−0.0−0.0−0.00.0−0.00.00.00.0−0.00.00.00.0
EPS, diluted $−0.54−0.79−1.20−0.85−1.01−0.340.09−0.270.110.40−4.30−2.86
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————
ROE %−21.7−27.9−34.9−20.6−21.9−6.92.0−5.72.5———
Shares out B0.010.010.010.010.010.010.010.010.010.010.00◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 58 reconciliationsAUDITED

Reconciled in 12 of the 12 fiscal years we could check. 16 checks were skipped: the balance sheet is not tagged before 2015. Seven checks were skipped: EPS is not tagged before 2014. Seven checks were skipped: revenue is not tagged before 2014.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRadio & Tv Broadcasting & Communications Equipment
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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