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Airgain AIRG Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin43.6%+1.8pp43.5%+2.6pp42.9%+4.4pp42.4%+5.0pp41.8%+4.6pp
Operating margin-14.6%+1.5pp-16.4%-1.7pp-14.7%+7.7pp-15.6%+7.9pp-16.1%+6.6pp
Net margin-13.2%+0.1pp-12.4%+1.9pp-10.9%+11.1pp-11.9%+11.3pp-13.3%+9.0pp
EBITDA margin-8.6%+1.6pp-9.3%-0.2pp-8%+8.3pp-9.4%+7.6pp-10.2%+5.9pp
Returns
Return on equity-23.2%+2.3pp-21.7%+6.2pp-19.6%+17.0pp-22%+14.0pp-25.6%+9.4pp
Return on assets-15.1%+2.4pp-13.7%+5.5pp-13.4%+13.9pp-15.3%+11.5pp-17.5%+8.3pp
Return on invested capital-28.4%+7.7pp-32.6%+2.1pp-31.1%+16.7pp-34.9%+11.3pp-36.1%+8.1pp
Efficiency
Asset turnover1.1×-0.2×1.1×-0.2×1.2×0.0×1.3×+0.1×1.3×+0.2×
Inventory turnover7.4×-3.3×7.8×-3.5×10×-0.5×9.5×+1.2×10.7×+1.2×
Liquidity
Current ratio2.1×0.0×+0.1×2.1×+0.2×2.1×0.0×2.1×+0.3×
Quick ratio1.7×-0.1×1.7×+0.1×1.8×+0.1×1.8×0.0×1.8×+0.2×
Cash ratio0.6×0.0×0.6×-0.1×0.6×0.0×0.7×-0.2×0.6×0.0×
Leverage
Debt-to-equity0.2×0.0×0.2×0.0×0.2×+0.1×0.1×+0.1×0.1×+0.1×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×+0.1×0.1×+0.1×0.1×+0.1×
Per Share
Book value per share$2.28-13.1%$2.39-14.7%$2.52-7.4%$2.52-12.9%$2.62-9.6%
Valuation
Market capitalization$79.86M+58.9%$48.55M-39.4%$51.66M-39.4%$51.54M-20.8%$38.95M-32.0%
Enterprise value$77.24M+64.6%$45.89M-39.2%$49.12M-37.7%$48.22M-16.8%$35.98M-30.0%
Price / sales1.6×+0.7×0.9×-0.4×0.9×-0.6×0.9×-0.3×0.7×-0.4×
Price / book2.9×+1.2×1.7×-0.9×1.7×-1.0×1.7×-0.3×1.3×-0.6×
EV / sales1.5×+0.7×0.9×-0.4×0.9×-0.5×0.8×-0.2×0.6×-0.3×
Earnings yield-8.5%+4.9pp-13.2%-2.4pp-11.5%+2.8pp-13.1%+5.9pp-20%+1.0pp

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Questions, answered.

What are Airgain's profit margins?
Airgain (AIRG) runs a 43.6% gross margin and a -14.6% operating margin, with a -13.2% net margin.
Where do Airgain's ratios come from?
Every ratio is computed from Airgain's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.