Quarterly ResultAug 5, 2026, 04:49 PM
Airgain Q2 Net Loss $(1.71)M; Sales $13.70M
AI Summary
Airgain reported a net loss of $(1.71) million for the second quarter of 2026, an increase from $(1.48) million in the same period last year. Sales for Q2 2026 slightly increased to $13.70 million. For the first six months of 2026, the company's net loss widened to $(3.60) million, and net cash used in operating activities significantly increased to $(2.55) million. The company also completed the acquisition of Nextivity's HPUE product business, resulting in a $0.3 million gain on bargain purchase, and raised $1.0 million through an at-the-market stock offering during the quarter.
Key Highlights
- Net loss for Q2 2026 was $(1.71) million, compared to $(1.48) million in Q2 2025.
- Sales for Q2 2026 were $13.70 million, a slight increase from $13.62 million in Q2 2025.
- Diluted EPS for Q2 2026 was $(0.13), compared to $(0.12) in Q2 2025.
- Acquired HPUE product business from Nextivity, recognizing a $0.3 million gain on bargain purchase.
- Net cash used in operating activities for H1 2026 was $(2.55) million, up from $(0.90) million in H1 2025.
- Raised $1.0 million net from at-the-market common stock offering in Q2 2026.
- Enterprise market group revenue was $11.68 million for H1 2026.
- Consumer market group revenue was $11.41 million for H1 2026.
Price Impact
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