Airgain, Inc. (AIRG) — Financial statements
Income statement, balance sheet, and cash flow for Airgain, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 52↓14.6% | 61↑8.1% | 56↓26.2% | 76↑18.1% | 64 | |
| Cost of Revenue | 29↓18.3% | 36↑1.5% | 35↓26.4% | 48↑20.8% | 40 | |
| Gross Profit | 23↓9.1% | 25↑19.5% | 21↓25.8% | 28↑13.7% | 25 | |
| Operating Expenses | ||||||
| R&D Expenses | 10↓19.6% | 12↑12.9% | 11↓7.4% | 11↑3.9% | 11 | |
| General & Administrative Expenses | 12↓4.0% | 13↓6.4% | 14↓3.6% | 14↑3.5% | 14 | |
| Selling & Marketing Expenses | 9↑1.3% | 9↑0.8% | 9↓18.3% | 11↑9.5% | 10 | |
| SG&A Expenses | 21↓1.7% | 22↓3.5% | 23↓10.1% | 25↑6.0% | 24 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 2 | |
| Operating Expenses | 31↓8.0% | 34↑1.7% | 33↓9.3% | 37↓0.5% | 37 | |
| Total Costs & Expenses | 60↓13.3% | 70↑1.6% | 68↓19.0% | 84↑10.6% | 76 | |
| Operating Results | ||||||
| Operating Income | -8↑5.0% | -9↑28.0% | -12↓44.5% | -9↑29.2% | -12 | |
| Depreciation & Amortization | 4↑3.4% | 4↓1.5% | 4↓1.9% | 4↑4.3% | 4 | |
| EBITDA | -3↑50.4% | -5↑39.0% | -9↓79.7% | -5↑25.3% | -7 | |
| EBIT | -6↑28.8% | -9↑28.0% | -12↓44.5% | -9↑14.9% | -10 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 0.12↑5.5% | 0.11↑73.0% | 0.06↑142.3% | 0.03 | |
| Interest Income | 0.00↓100.0% | 0.12↑5.5% | 0.11↑73.0% | 0.06↑142.3% | 0.03 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -2 | 0.00 | 0.00 | 0.00↑100.0% | -2 | |
| Other Income / Expenses | 2↑2320.5% | 0.09↓12.0% | 0.10↑1900.0% | 0.01↑141.7% | -0.01 | |
| Income Before Tax | -6↑28.1% | -9↑28.1% | -12↓43.4% | -9↑29.3% | -12 | |
| Income Tax Expense | 0.07↑148.0% | -0.15↓218.8% | 0.13↑52.4% | 0.08↑104.1% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -6↑26.0% | -9↑30.1% | -12↓43.5% | -9↑14.2% | -10 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -6↑26.0% | -9↑30.1% | -12↓43.5% | -9↑14.2% | -10 | |
| Bottom-Line Net Income | -6↑26.0% | -9↑30.1% | -12↓43.5% | -9↑14.2% | -10 | |
| EPS (Basic) | -0.54↑31.6% | -0.79↑34.2% | -1.20↓41.2% | -0.85↑15.8% | -1.01 | |
| EPS (Diluted) | -0.54↑31.6% | -0.79↑34.2% | -1.20↓41.2% | -0.85↑15.8% | -1.01 | |
| Weighted Average Shares | 12↑7.1% | 11↑6.4% | 10↑2.0% | 10↑1.7% | 10 | |
| Weighted Average Diluted Shares | 12↑7.1% | 11↑6.4% | 10↑2.0% | 10↑1.7% | 10 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.