Stocktoria
AIRGAIN INC AIRG
Nasdaq · stock · Radio & Tv Broadcasting & Communications Equipment · website · IPO 2016-08-11 · LEI
AIRGAIN INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| R&D expense | $9.5M | $11.9M | $10.5M | $11.3M | $10.9M | $9.2M | $9.0M | $9.3M | $7.3M | $5.6M |
| Operating income | -$8.5M | -$8.9M | -$12.4M | -$8.6M | -$12.1M | -$3.2M | $380,000 | -$3.4M | $969,000 | $3.5M |
| Interest expense | — | — | — | — | — | — | $5,000 | $31,000 | $99,000 | $178,371 |
| Income tax | $73,000 | -$152,000 | $128,000 | $84,000 | -$2.0M | $273,000 | $163,000 | $101,000 | $26,000 | $8,181 |
| Net income | -$6.4M | -$8.7M | -$12.4M | -$8.7M | -$10.1M | -$3.3M | $926,000 | -$2.6M | $1.1M | $3.7M |
| EPS (diluted) | $-0.54 | $-0.79 | $-1.20 | $-0.85 | $-1.01 | $-0.34 | $0.09 | $-0.27 | $0.11 | $0.40 |
| Operating cash flow | -$1.1M | -$3.5M | -$3.3M | $4.4M | -$11.2M | $3.7M | $2.4M | $1.4M | -$255,000 | $4.7M |
| Free cash flow | -$1.3M | -$3.7M | -$3.6M | $3.7M | -$11.9M | $3.0M | $1.2M | $387,000 | -$518,000 | $4.4M |
| Cash & equivalents | $7.4M | $8.5M | $7.9M | $11.9M | $14.5M | $38.2M | $13.2M | $13.6M | $15.0M | $45.2M |
| Inventory | $3.6M | $4.0M | $2.4M | $4.2M | $8.9M | $1.0M | $1.2M | $1.4M | $741,557 | $146,815 |
| Total assets | $45.3M | $48.4M | $42.2M | $54.4M | $66.4M | $54.9M | $54.7M | $52.9M | $56.3M | $56.1M |
| Total liabilities | $17.0M | $17.5M | $10.8M | $14.6M | $22.2M | $7.2M | $6.8M | $7.8M | $10.1M | $11.0M |
| Shareholders' equity | $28.3M | $31.0M | $31.4M | $39.8M | $44.2M | $47.7M | $47.9M | $45.1M | $46.2M | $45.0M |
Growth · year-over-year · Revenue CAGR 2%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -14.6% | +8.1% | -26.2% | +18.1% | +32.5% | -13.0% | -8.1% | +22.4% | +14.0% | +56.3% |
| Net income growth | — | — | — | — | — | -454.1% | — | -326.5% | -69.4% | — |
| EPS growth | — | — | — | — | — | -477.8% | — | -345.5% | -72.5% | — |
| Free cash flow growth | — | — | -199.0% | — | -499.9% | +158.0% | +198.2% | — | -111.8% | +156.0% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.