Filing Flows › Airgain (AIRG) › Q4 2024
Airgain (AIRG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Airgain (AIRG) reported revenue of $15.1M for the fourth quarter 2024 (Q4 2024), +50% from a year earlier and -6% from the quarter before. Operating margin was -13.1%, net loss $2.0M (13.0% of revenue).
Airgain, Q4 2024: revenue $15.1M (+50% year over year), operating margin -13.1%, net loss $2.0M, operating cash flow −$26K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.1M | -6% | +50% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$26K | — | — |
What changed
Revenue was $15.1M in Q4 2024, up 50% year over year and down 6% from the previous quarter.
Gross margin was 42.2%, up 13.1 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -13.1%. Operating expenses fell 1% while revenue rose 50%. The quarter ended with a net loss of $2.0M, wider than the previous quarter's $1.8M loss.
Operating cash flow was −$26K. Non-cash charges added back $926K of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $290K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$27K.
Questions
What was Airgain's revenue in the fourth quarter 2024?
Airgain (AIRG) reported revenue of $15.1M for the fourth quarter 2024 (Q4 2024), +50% from a year earlier and -6% from the quarter before.
Was Airgain profitable in the fourth quarter 2024?
Operating loss was $2.0M (-13.1% of revenue) and net loss $2.0M.
Source: Airgain 10-K on SEC EDGAR.