12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $52M | -$6M | 43.5% | -16.4% | -$1M | — | $7M |
| 2024 | $61M | -$9M | 40.9% | -14.7% | -$4M | — | $9M |
| 2023 | $56M | -$12M | 37.1% | -22.1% | -$4M | — | $8M |
| 2022 | $76M | -$9M | 36.9% | -11.3% | $4M | — | $12M |
| 2021 | $64M | -$10M | 38.3% | -18.9% | -$12M | — | $15M |
| 2020 | $49M | -$3M | 46.6% | -6.6% | $3M | — | $38M |
| 2019 | $56M | $926000 | 45.4% | 0.7% | $1M | — | $13M |
| 2018 | $61M | -$3M | 43.7% | -5.6% | $387000 | — | $14M |
| 2017 | $50M | $1M | 47.1% | 2.0% | -$518000 | — | $15M |
| 2016 | $43M | $4M | 44.4% | 7.9% | $4M | — | $45M |
| 2015 | — | -$270342 | — | — | — | — | $5M |
| 2014 | — | $4M | — | — | — | — | $4M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $12M | -$2M | 43.2% | -18.4% | -$814000 | — | $7M |
| Dec '25 | $12M | -$2M | 44.8% | -20.0% | $93000 | — | $7M |
| Sep '25 | $14M | -$964000 | 43.6% | -6.9% | -$418000 | — | $7M |
| Jun '25 | $14M | -$1M | 42.9% | -14.7% | $113000 | — | $8M |
| Mar '25 | $12M | -$2M | 43.0% | -25.8% | -$1M | — | $7M |
| Dec '24 | $15M | -$2M | 42.2% | -13.1% | -$27000 | — | $9M |
| Sep '24 | $16M | -$2M | 41.7% | -11.3% | -$1M | — | $7M |
| Jun '24 | $15M | -$3M | 40.5% | -16.5% | -$1M | — | $8M |
| Mar '24 | $14M | -$2M | 39.2% | -18.5% | -$1M | — | $7M |
| Dec '23 | $10M | -$5M | 29.1% | -54.5% | -$2M | — | $8M |
| Sep '23 | $14M | -$2M | 38.2% | -13.9% | $572000 | — | $10M |
| Jun '23 | $16M | -$2M | 39.7% | -14.0% | -$585000 | — | $9M |
| Mar '23 | $16M | -$3M | 38.4% | -17.0% | -$2M | — | $10M |
| Dec '22 | $20M | -$3M | 29.5% | -16.5% | $2M | — | $12M |
| Sep '22 | $19M | -$1M | 38.8% | -6.6% | -$357000 | — | $9M |
| Jun '22 | $19M | -$2M | 38.9% | -8.4% | -$2M | — | $9M |
| Mar '22 | $18M | -$3M | 40.8% | -13.8% | $4M | — | $19M |
| Dec '21 | $14M | -$5M | 34.4% | -31.6% | -$4M | — | $15M |
| Sep '21 | $15M | -$3M | 35.9% | -19.7% | -$1M | — | $19M |
| Jun '21 | $17M | -$3M | 42.2% | -15.8% | -$2M | — | $20M |
How the market has priced AIRG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, AIRGAIN INC's revenue has grown 1.3% per year. These are computed facts, not advice.
As of FY2025, AIRGAIN INC reported — of total debt against $7M of cash.
In FY2025, gross margin was 43.5%, operating margin -16.4%, and net margin -12.4%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.