Filing Flows › Airgain (AIRG) › Q2 2025
Airgain (AIRG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Airgain (AIRG) reported revenue of $13.6M for the second quarter 2025 (Q2 2025), -10% from a year earlier and +13% from the quarter before. Operating margin was -14.7%, net loss $1.5M (10.8% of revenue).
Airgain, Q2 2025: revenue $13.6M (-10% year over year), operating margin -14.7%, net loss $1.5M, operating cash flow $129K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.6M | +13% | -10% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $129K | — | — |
| Free cash flow | $113K | — | — |
What changed
Revenue was $13.6M in Q2 2025, down 10% year over year and up 13% from the previous quarter.
Gross margin was 42.9%, up 2.4 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -14.7%. Operating expenses fell 9% while revenue fell 10%. The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $1.5M loss. Non-operating items added $539K, -37% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $129K. Non-cash charges added back $900K of depreciation and amortization and $603K of share-based compensation. Working capital and other items added $101K. Capital expenditures of $16K left free cash flow of $113K.
Questions
What was Airgain's revenue in the second quarter 2025?
Airgain (AIRG) reported revenue of $13.6M for the second quarter 2025 (Q2 2025), -10% from a year earlier and +13% from the quarter before.
Was Airgain profitable in the second quarter 2025?
Operating loss was $2.0M (-14.7% of revenue) and net loss $1.5M.
Source: Airgain 10-Q on SEC EDGAR.