AIRG
Airgain, Inc.3.9500
-0.1000-2.47%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details ramps, HPUE economics
Q&A clarified platform timelines without altering guidance: AirgainConnect's 40 Tier 1/2 opportunities—double November's—tilt to faster non-first-responder markets, eyeing Tier 2 closes this quarter and Tier 1 in Q4. HPUE acquisition adds $2M run rate, day-one EBITDA positivity, FirstNet customers, and international reseller upside. Lighthouse trials advance to business cases and partnerships, targeting H2 2026 revenue via U.S. system integrators. Pipeline doubled in Tier 1/2 opps. No walk-backs; margins rise on mix, OpEx flat early. Management stays execution-focused; investors eye H2 ramps.
Key Stats
Market Cap
47.23MP/E (TTM)
-Basic EPS (TTM)
-0.51Dividend Yield
0%Recent Filings
8-K
Q4 revenue $12.1M, HPUE acquisition
Airgain posted Q4 sales of $12.1M, down 13.5% sequentially yet lifting GAAP gross margin to 44.8% via consumer strength and efficiencies. Full-year revenue hit $51.8M amid enterprise and auto declines, narrowing GAAP net loss to $6.4M. Acquired Nextivity's HPUE assets last week to bolster vehicle gateways; Q1 guides $10.5M-$12.5M sales. Momentum builds.
10-K
FY2025 results
Airgain's FY2025 sales fell 14.6% y/y to $51.8M, with enterprise down sharply to $22.6M from $29.5M and automotive slumping to $3.1M from $9.4M on channel inventory overhangs, yet consumer surged 20.2% to $26.1M via Wi-Fi 7 ramps. Gross margins expanded 260bps to 43.5% on premium mix and efficiencies, while opEx dropped 8% to $31M, narrowing net loss to $6.4M from $8.7M—boosted by $2M ERC refund. Q4 momentum showed consumer acceleration, but enterprise lagged. Cash ended at $7.4M. Lengthy sales cycles risk quarterly volatility.
10-Q
Q3 FY2025 results
Airgain posted Q3 sales of $14.0M, down 12.9% y/y yet lifting gross margin to 43.6% from 41.7% on enterprise strength. Operating loss narrowed to $1.0M from $1.8M as expenses dropped 17%, fueled by lower R&D and personnel costs. YTD net loss shrank to $4.0M from $6.7M, aided by $2.0M employee retention credit refund; EPS held at -$0.08, matching 11.8M diluted shares. Cash sits at $7.1M with operating cash burn of $1.3M YTD; no debt. Customer concentration runs high. Automotive surplus lingers.
8-K
Q3 sales up seq., EBITDA positive
Airgain posted Q3 sales of $14.0M, up 2.9% sequentially from $13.6M yet down 12.9% year-over-year, with GAAP gross margin at 43.6% and positive adjusted EBITDA of $0.3M. Certifications for Lighthouse 5G repeater and AC-Fleet bolster growth platforms. Q4 sales outlook: $12.0M-$14.0M. Momentum builds.
8-K
Q2 sales up seq., profitability eyed
Airgain posted Q2 sales of $13.6M, up 13.4% sequentially on enterprise strength, yet down 10.3% year-over-year. Gross margin hit 42.9% GAAP, with net loss narrowing to $1.5M. Key wins: FirstNet certification, Go-Kit Pro launch. Q3 guides sales $13-15M, non-GAAP profitability. Platform ramps slip to 2026.
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