| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 14.02 | 2.9% | 12.9% |
| Total Income | 14.02 | 2.9% | 12.9% |
| Expenditure | 14.99 | 4.0% | 16.4% |
| PBT | -0.95 | 34.9% | 47.2% |
| Net Profit | -0.96 | 35.1% | 45.5% |
| OPM | -6.90% | 7.78pp | 4.37pp |
| NPM | -6.88% | 3.95pp | 4.04pp |
| EPS | -0.08 | 33.3% | 50.0% |
Airgain Reports Q3 2025 Financial Results; Sales of $14.0 Million
04 May 2026 · 4 May, 7:24 am
Summary
Airgain, Inc. reported financial results for the third quarter ended September 30, 2025. Sales for the quarter were $14.0 million, with a GAAP gross margin of 43.6%. The company reported a GAAP net loss of $1.0 million, or $(0.08) per share, and a non-GAAP net income of $0.1 million, or $0.01 per share. Adjusted EBITDA for the quarter was $0.3 million. The company anticipates sales between $12.0 million and $14.0 million for the fourth quarter of 2025.
Key Highlights
- 1
Airgain reported sales of $14.0 million for the third quarter of 2025.
- 2
GAAP gross margin was 43.6% for the third quarter of 2025.
- 3
GAAP net loss for the third quarter of 2025 was $1.0 million, or $(0.08) per share.
- 4
Non-GAAP net income for the third quarter of 2025 was $0.1 million, or $0.01 per share.
- 5
Adjusted EBITDA for the third quarter of 2025 was $0.3 million.
- 6
Sales increased by 2.9% compared to the second quarter of 2025.
- 7
The company expects sales to be in the range of $12.0 million to $14.0 million for the fourth quarter of 2025.
Management Comments
Jacob Suen
In the third quarter, we continued to execute with focus and discipline, delivering our third consecutive quarter of sequential revenue growth and positive adjusted EBITDA. Our core markets remain healthy, providing a solid foundation for continued investment and expansion across our growth platforms. We achieved key certification milestones for both AC-Fleet and Lighthouse, positioning us to scale these platforms in the coming year. With AC-Fleet driving near-term revenue in the fleet and utility markets and Lighthouse expanding into global 5G infrastructure opportunities, Airgain enters 2026 with stronger visibility, a disciplined operating model, and a clear roadmap for scalable long-term growth.
Informational and educational content only. Not investment advice.