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Airgain, Inc. logo

Airgain, Inc.

AIRG

NASDAQTechnologyCommunication Equipment

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$5.38

+$0.05 · +0.94%

Aug 21, 4:00 PM ET

AIRG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

46

Fair Value

Momentum

51

Neutral

Sentiment

58

Mixed

Risk resilience

50

Elevated Risk

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Company profile

Company website

Airgain, Inc. is dedicated to designing, developing, and engineering advanced antenna solutions. These products are supplied globally to a wide array of partners, including original equipment and design manufacturers, specialized vertical markets, chipset vendors, service providers, value-added resellers, and software developers. The company's extensive product portfolio features a variety of embedded antenna lines, such as the MaxBeam, Profile, Profile Contour, Ultra, and SmartMax series, in addition to MaxBeam carrier class antennas. Furthermore, under the "Antenna Plus" brand, Airgain offers specialized antennas tailored for automotive, fleet management, public safety, and machine-to-machine (M2M) applications. Central to their offerings are embedded antenna technologies, which are crucial for enabling high-performance wireless networking across diverse devices and key sectors like consumer electronics, enterprise solutions, and the automotive industry. Established in 1995 as the AM Group, the company officially adopted the name Airgain, Inc. in 2004. Its corporate headquarters are located in San Diego, California.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Jacob Suen
Listed since
Aug 12, 2016
Employees
106

Market position

Day range

Current $5.38

52-week range

Current $5.38

Open
$5.385
Previous close
$5.33
Volume
79.71K
0.87× average
Average volume
91.85K
Average daily volume
Market cap
68.2M USD
Beta
0.95
Market reference 1
50-day average
$5.9676
-9.85% below average
200-day average
$5.3132
+1.26% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
49.29M USD
P/E (TTM)
-9.44×
P/B (TTM)
2.36×
P/S (TTM)
1.33×
EV / EBITDA
-18.57×
Earnings yield
-13.37%
Free cash flow yield
-2.66%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
43.44%
Operating margin
-13.99%
Net margin
-13.65%
Return on equity
-22.72%
Return on assets
-14.17%
Return on invested capital
-25.57%

Financial health

Debt / equity
0.15×
Current ratio
1.98×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%24%-2%-29%Gross margin, FY2021: 38.29%Gross margin, FY2022: 36.86%Gross margin, FY2023: 37.05%Gross margin, FY2024: 40.93%Gross margin, FY2025: 43.54%Operating margin, FY2021: -18.86%Operating margin, FY2022: -11.31%Operating margin, FY2023: -22.13%Operating margin, FY2024: -14.73%Operating margin, FY2025: -16.38%Net margin, FY2021: -15.69%Net margin, FY2022: -11.41%Net margin, FY2023: -22.18%Net margin, FY2024: -14.34%Net margin, FY2025: -12.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.29%. Gross margin FY2022 36.86%. Gross margin FY2023 37.05%. Gross margin FY2024 40.93%. Gross margin FY2025 43.54%. Operating margin FY2021 -18.86%. Operating margin FY2022 -11.31%. Operating margin FY2023 -22.13%. Operating margin FY2024 -14.73%. Operating margin FY2025 -16.38%. Net margin FY2021 -15.69%. Net margin FY2022 -11.41%. Net margin FY2023 -22.18%. Net margin FY2024 -14.34%. Net margin FY2025 -12.41%.

Income trends

Revenue

51.78M USD-14.55%

Operating income

−8.48M USD+4.98%

Net income

−6.43M USD+26.04%
Income trends across reported periods84.73M USD49.4M USD14.07M USD−21.26M USDRevenue, FY2021: 64.27M USDRevenue, FY2022: 75.9M USDRevenue, FY2023: 56.04M USDRevenue, FY2024: 60.6M USDRevenue, FY2025: 51.78M USDOperating income, FY2021: −12.12M USDOperating income, FY2022: −8.58M USDOperating income, FY2023: −12.4M USDOperating income, FY2024: −8.93M USDOperating income, FY2025: −8.48M USDNet income, FY2021: −10.09M USDNet income, FY2022: −8.66M USDNet income, FY2023: −12.43M USDNet income, FY2024: −8.69M USDNet income, FY2025: −6.43M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 64.27M USD. Revenue FY2022 75.9M USD. Revenue FY2023 56.04M USD. Revenue FY2024 60.6M USD. Revenue FY2025 51.78M USD. Operating income FY2021 −12.12M USD. Operating income FY2022 −8.58M USD. Operating income FY2023 −12.4M USD. Operating income FY2024 −8.93M USD. Operating income FY2025 −8.48M USD. Net income FY2021 −10.09M USD. Net income FY2022 −8.66M USD. Net income FY2023 −12.43M USD. Net income FY2024 −8.69M USD. Net income FY2025 −6.43M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue51.78M USD60.6M USD56.04M USD75.9M USD64.27M USD
Cost of goods sold29.23M USD35.8M USD35.28M USD47.92M USD39.67M USD
Gross profit22.55M USD24.8M USD20.76M USD27.97M USD24.61M USD
Research and development9.54M USD11.86M USD10.51M USD11.35M USD10.92M USD
Selling, general, and administrative21.49M USD21.87M USD22.66M USD25.21M USD23.77M USD
Operating expenses31.03M USD33.73M USD33.16M USD36.55M USD36.73M USD
Interest income351K USD115K USD109K USD63K USD26K USD
Depreciation and amortization3.7M USD3.58M USD3.63M USD3.7M USD3.55M USD
Operating income−8.48M USD−8.93M USD−12.4M USD−8.58M USD−12.12M USD
Net income−6.43M USD−8.69M USD−12.43M USD−8.66M USD−10.09M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 4 misses, 4 met estimates
Average EPS surprise
-41.99%
11 comparable reports
Latest EPS result
0.02
Estimate 0.01 · Beat by 300.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.090.01-0.07-0.15Q1 '25MissQ2 '25MetQ3 '25BeatQ4 '25MetQ1 '26MissQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual -0.11, estimate 0.03, surprise -466.67%, Miss. Q2 2025, reported May 7, 2025: actual -0.11, estimate -0.11, surprise 0.00%, Met estimate. Q3 2025, reported Aug 6, 2025: actual -0.04, estimate -0.06, surprise +33.33%, Beat. Q4 2025, reported Nov 12, 2025: actual 0.01, estimate 0.01, surprise 0.00%, Met estimate. Q1 2026, reported Feb 26, 2026: actual -0.03, estimate -0.01, surprise -200.00%, Miss. Q2 2026, reported May 6, 2026: actual -0.08, estimate -0.08, surprise 0.00%, Met estimate. Q3 2026, reported Aug 5, 2026: actual 0.02, estimate 0.005, surprise +300.00%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates17M14.94M12.88M10.82MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 15.08M USD, estimate 16.35M USD, surprise -7.75%, Miss. Q2 2025, reported May 7, 2025: actual 12.01M USD, estimate 12.07M USD, surprise -0.44%, Miss. Q3 2025, reported Aug 6, 2025: actual 13.62M USD, estimate 14.13M USD, surprise -3.61%, Miss. Q4 2025, reported Nov 12, 2025: actual 14.02M USD, estimate 12.83M USD, surprise +9.30%, Beat. Q1 2026, reported Feb 26, 2026: actual 12.13M USD, estimate 12.83M USD, surprise -5.46%, Miss. Q2 2026, reported May 6, 2026: actual 11.51M USD, estimate 11.48M USD, surprise +0.31%, Beat. Q3 2026, reported Aug 5, 2026: actual 13.7M USD, estimate 13.45M USD, surprise +1.84%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 15.24M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$8.83

64.13% upside
Past 12 months12-month forecastHigh $9.00Average $8.83Low $8.50

Rating distribution

11 ratings
Strong buy00%
Buy873%
Hold327%
Sell00%
Strong sell00%

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ETFs holding AIRG

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.96M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
726.07K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
183.39K
Weight
0.01%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
169.79K
Weight
0.00%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
84.54K
Weight
0.00%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$83.02+0.73%
Avantis U.S. Small Cap Equity ETF logoAvantis U.S. Small Cap Equity ETFAVSC
Market value
41.31K
Weight
—
AUM
3.16B USD
Expense ratio
0.25%
Price / 1D
$73.84+0.70%
Dimensional - US Core Equity 2 ETF logoDimensional - US Core Equity 2 ETFDFAC
Market value
12.63K
Weight
0.00%
AUM
49.31B USD
Expense ratio
0.17%
Price / 1D
$45.61+0.46%
Dimensional - US Sustainability Core 1 ETF logoDimensional - US Sustainability Core 1 ETFDFSU
Market value
10.48K
Weight
0.00%
AUM
2.35B USD
Expense ratio
0.15%
Price / 1D
$48.20+0.52%

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