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Airgain AIRG Debt-to-equity

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Other financials

Income statement

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Revenue$11.5M-4.2%
Gross profit$5.0M-3.6%
Operating income-$2.1M+31.8%
Net income-$1.9M-22.7%
EPS (diluted)-$0.15-15.4%

Balance sheet

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Cash & equivalents$7.1M-3.7%
Total debt$4.5M+1.9%
Total equity$28.0M-7.6%
Total assets$43.4M-5.9%

Cash flow

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Operating cash flow-$759.0K+26.0%
CapEx$55.0K+31.0%
Free cash flow-$814.0K+23.7%

Valuation

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Market cap$79.86M+58.9%
Enterprise value$77.24M+64.6%
P/S1.6×+0.7×

Profitability

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Gross margin43.6%+1.8pp
Operating margin-14.6%-1.2pp
Net margin-13.2%-0.1pp
FCF margin-6.2%

Returns & leverage

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Return on equity-23.2%-1.9pp
Current ratio2.1×0.0×

Where this comes from

Calculated from Airgain’s reported figures.

Based on the most recent quarter.

The official record: Airgain’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Airgain's debt-to-equity?
Airgain (AIRG) reported debt-to-equity of 0.2× in Q1 2026.
How has Airgain's debt-to-equity changed year-over-year?
Airgain's debt-to-equity increased by 10.3% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Airgain's debt-to-equity?
Over 4 years (2021 to 2025), Airgain's debt-to-equity has grown at a 24.4% compound annual growth rate (CAGR), from 0.1× to 0.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.