Filing Flows › Airgain (AIRG) › Q1 2026
Airgain (AIRG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Airgain (AIRG) reported revenue of $11.5M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before. Operating margin was -18.4%, net loss $1.9M (16.5% of revenue).
Airgain, Q1 2026: revenue $11.5M (-4% year over year), operating margin -18.4%, net loss $1.9M, operating cash flow −$759K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.5M | -5% | -4% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$759K | -491% | — |
What changed
Revenue was $11.5M in Q1 2026, down 4% year over year and down 5% from the previous quarter.
Gross margin was 43.2%, up 0.2 points from Q1 2025. Operating costs exceeded revenue by $2.1M, an operating margin of -18.4%. Operating expenses fell 14% while revenue fell 4%. The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $2.4M loss.
Operating cash flow was −$759K. Non-cash charges added back $315K of depreciation and amortization and $707K of share-based compensation. Working capital and other items added $116K. Capital expenditures of $55K exceeded it, leaving free cash flow of −$814K.
Questions
What was Airgain's revenue in the first quarter 2026?
Airgain (AIRG) reported revenue of $11.5M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before.
Was Airgain profitable in the first quarter 2026?
Operating loss was $2.1M (-18.4% of revenue) and net loss $1.9M.
Source: Airgain 10-Q on SEC EDGAR.