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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

AIRGAIN INC AIRG

· Technology · Radio & Tv Broadcasting & Communications Equipment

FY2025 10-K, filed 2026-02-26
SEC EDGAR

Filing evidence summary

Caution evidenceCoverage 4/5 core metrics

Latest reported annual revenue changed -14.6% from the prior reported annual observation.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • Revenue contracted

    Latest reported annual revenue changed -14.6% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Operating margin compressed

    Operating margin changed -1.7 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.

  • Free cash flow was negative

    Latest reported free cash flow was -$1M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.

  • 3 filing risk checks flagged

    Flagged areas: Earnings quality, Solvency & liquidity, Dilution.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

Core trend metrics

Latest annual revenue growth
-14.6%
as of 2025-12-31
Latest annual operating margin
-16.4%
as of 2025-12-31
Free cash flow
-$1M
as of 2025-12-31
ROIC snapshot
-22.9%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

3of 10 rule-based checks flagged
  • Earnings quality
  • Solvency & liquidity
  • Dilution

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-26prior period 2024-12-31 from the same filingView filing
By geography
Revenue
  • China Including Hong Kong And Taiwan$26.9M
    share n/a
    +20.2% yoy
  • North America$23.9M
    share n/a
    -33.3% yoy
  • United States$23.9M
    share n/a
    -33.4% yoy
  • Other countries$957K
    share n/a
    -59.3% yoy

member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-06prior period 2025-03-31 from the same filingView filing
  • North America$5.76M
    50.0%
    +10.2% yoy
  • China Including Hong Kong And Taiwan$5.64M
    49.0%
    -13.4% yoy
  • Other countries$114K
    1.0%
    -59.3% yoy

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,003 US-listed filers · 811 in Technology
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$52M
22ndof 3,301
bottom third
20thof 777
bottom third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
-14.6%
9thof 3,137
bottom third
8thof 743
bottom third
Gross margin
gross profit ÷ revenue
43.5%
58thof 1,603
middle third
48thof 554
middle third
Operating margin
operating income ÷ revenue
-16.4%
28thof 2,819
bottom third
26thof 751
bottom third
Net margin
net income ÷ revenue
-12.4%
28thof 3,263
bottom third
28thof 769
bottom third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
-2.5%
30thof 2,679
bottom third
24thof 701
bottom third
Return on equity
net income ÷ stockholders' equity (positive equity only)
-22.7%
27thof 3,576
bottom third
23rdof 719
bottom third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
5.7%
33rdof 2,895
bottom third
42ndof 728
middle third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
90 days
14thof 2,398
bottom third
21stof 711
bottom third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

Not available for AIRG yet: Earnings-quality fields arrive with this issuer's next re-crawl (sec_screen_v6)..

Point-in-time ledger

Not available for AIRG yet: The point-in-time ledger arrives with this issuer's next re-crawl (sec_screen_v6)..

Notes by disclosure type

Not available for AIRG yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.