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Airgain AIRG Gross margin

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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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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
Debt / equity0.2×0.0×
Current ratio2.1×0.0×

Where this comes from

Calculated from Airgain’s reported figures.

Based on trailing twelve months.

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 gross margin?
Airgain (AIRG) reported gross margin of 43.6% in Q1 2026.
How has Airgain's gross margin changed year-over-year?
Airgain's gross margin increased by 4.4% year-over-year, from 41.8% to 43.6%.
What is the long-term trend for Airgain's gross margin?
Over 5 years (2020 to 2025), Airgain's gross margin has grown at a -1.3% compound annual growth rate (CAGR), from 46.6% to 43.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.