Airgain, Inc. (AIRG)

Nasdaq: AIRG · Radio & Tv Broadcasting & Communications Equipment · San Diego, CA · filing with the SEC since 2003

Grade4.8

◀ Past 4.8● Present 5.6▶ Future 3.8

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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 26, 2026	Feb 27, 2025	Mar 6, 2024	Mar 20, 2023	Mar 21, 2022	Feb 19, 2021	Feb 28, 2020	Mar 15, 2019	Mar 15, 2018	Mar 15, 2017
Revenue	51,779,000	60,599,000	56,040,000	75,895,000	64,273,000	48,502,000	55,739,000	60,625,000^r	49,521,000^r	43,433,867
Cost of revenue	29,234,000	35,797,000	35,277,000	47,923,000	39,666,000	25,917,000	30,415,000	34,114,000^r	26,219,000^r	24,156,792
Gross profit	22,545,000	24,802,000	20,763,000	27,972,000	24,607,000	22,585,000	25,324,000	26,511,000^r	23,302,000^r	19,277,075
Research and development	9,542,000	11,864,000	10,505,000	11,345,000	10,920,000	9,157,000	8,989,000	9,319,000^r	7,319,000^r	5,622,132
Sales and marketing	9,325,000	9,203,000	9,126,000	11,174,000	10,209,000	6,141,000^r	7,036,000	11,033,000^r	7,013,000^r	5,670,625
General and administrative	12,161,000	12,663,000	13,532,000	14,033,000	13,562,000	10,471,000^r	8,919,000	9,545,000^r	8,001,000^r	4,532,151
Total operating expenses	31,028,000	33,730,000	33,163,000	36,552,000	36,731,000	25,769,000	24,944,000	29,897,000^r	22,333,000^r	15,824,908
Operating income	-8,483,000	-8,928,000	-12,400,000	-8,580,000	-12,124,000	-3,184,000	380,000	-3,386,000^r	969,000^r	3,452,167
Interest expense	·	·	·	·	·	·	5,000	31,000^r	99,000^r	178,371
Other income (expense), net	2,130,000	88,000	100,000	5,000	-12,000	178,000	709,000	903,000^r	198,000^r	289,721
Income before income taxes	-6,353,000	-8,840,000	-12,300,000	-8,575,000	-12,136,000	-3,006,000	1,089,000	-2,483,000^r	1,167,000^r	3,741,888
Income tax expense	73,000	-152,000	128,000	84,000	-2,049,000	273,000	163,000	101,000^r	26,000^r	8,181
Net income including non-controlling interests	-6,426,000	-8,688,000	-12,428,000	-8,659,000	-10,087,000	-3,279,000	926,000	-2,584,000^r	1,141,000^r	3,733,707
Net income	-6,426,000	-8,688,000	-12,428,000	-8,659,000	-10,087,000	-3,279,000	926,000	-2,584,000^r	1,141,000^r	3,733,707
Net income to common shareholders	·	·	·	·	·	·	·	-2,584,320	1,141,255	2,196,686
Earnings per share, basic	-0.54	-0.79	-1.20	-0.85	-1.01	-0.34	0.10	-0.27	0.12	0.65
Earnings per share, diluted	-0.54	-0.79	-1.20	-0.85	-1.01	-0.34	0.09	-0.27	0.11	0.40
Weighted average shares, basic	11,840,000	11,053,000	10,392,000	10,190,000	10,019,000	9,714,000	9,684,000	9,521,000^r	9,485,000^r	3,373,316
Weighted average shares, diluted	11,840,000	11,053,000	10,392,000	10,190,000	10,019,000	9,714,000	10,097,000	9,521,000^r	10,361,000^r	4,667,503

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AIRG · research, not advice