Filing Flows › Airgain (AIRG) › Q3 2025
Airgain (AIRG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Airgain (AIRG) reported revenue of $14.0M for the third quarter 2025 (Q3 2025), -13% from a year earlier and +3% from the quarter before. Operating margin was -6.9%, net loss $964K (6.9% of revenue).
Airgain, Q3 2025: revenue $14.0M (-13% year over year), operating margin -6.9%, net loss $964K, operating cash flow −$411K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.0M | +3% | -13% |
| Operating profit | −$967K | — | — |
| Net earnings | −$964K | — | — |
| Operating cash flow | −$411K | -419% | — |
What changed
Revenue was $14.0M in Q3 2025, down 13% year over year and up 3% from the previous quarter.
Gross margin was 43.6%, up 1.9 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -6.9%. Operating expenses fell 17% while revenue fell 13%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.5M loss.
Operating cash flow was −$411K. Non-cash charges added back $922K of depreciation and amortization and $380K of share-based compensation. Working capital and other items used $749K. Capital expenditures of $7K exceeded it, leaving free cash flow of −$418K.
Questions
What was Airgain's revenue in the third quarter 2025?
Airgain (AIRG) reported revenue of $14.0M for the third quarter 2025 (Q3 2025), -13% from a year earlier and +3% from the quarter before.
Was Airgain profitable in the third quarter 2025?
Operating loss was $967K (-6.9% of revenue) and net loss $964K.
Source: Airgain 10-Q on SEC EDGAR.