Airgain

OverviewSuggest Edit

Airgain is a company providing antenna systems and integrated wireless solutions. Its technologies are deployed in carrier, fleet, enterprise, residential, private, government, and public safety wireless networks and systems, including set-top boxes, access points, routers, modems, gateways, media adapters, portables, digital televisions, sensors, fleet, and asset tracking devices. The company serves the consumer, enterprise, and automotive markets.

TypePublic
Founded1995
HQSan Diego, CA, US
Websiteairgain.com
Employee Ratings1.6

Latest Updates

Employees (est.) (Dec 2021)145(+13%)
Job Openings8
Revenue (FY, 2021)$64.3 M(+33%)
Share Price (May 2022)$10(-2%)
Cybersecurity ratingBMore
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Key People/Management at Airgain

Jacob Suen

Jacob Suen

President and Chief Executive Officer, Director
Jim K Sims

Jim K Sims

Chairman
Bill Swafford

Bill Swafford

Vice President of Sales, North America
Kiva A Allgood

Kiva A Allgood

Director
Morad Sbahi

Morad Sbahi

Senior Vice President of Global Product and Marketing
David Lyle

David Lyle

Chief Financial Officer
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Airgain Office Locations

Airgain has offices in San Diego, Plymouth, Rockledge, Scottsdale and in 3 other locations
San Diego, CA, US (HQ)
3611 Valley Centre Dr #150
Plymouth, MN, US
3650 Annapolis Ln N #110
Rockledge, FL, US
6525 3rd St #205
Scottsdale, AZ, US
8350 E Evans Rd suite d - 2
Shenzhen Shi, CN
14E Hanking Building No. 23 Dengliang Road NanShan District
Zhangjiagang, CN
24/F Bldg B, Junma Land Plaza No. 121 Shazhou Rd.
Show all (8)

Airgain Financials and Metrics

Airgain Revenue

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View revenue for all periods
Airgain's revenue was reported to be $64.27 m in FY, 2021 which is a 32.5% increase from the previous period.
USD

Revenue (FY, 2021)

64.3m

Revenue growth (FY, 2020 - FY, 2021), %

32.5%

Gross profit (FY, 2021)

24.6m

Gross profit margin (FY, 2021), %

38.3%

Net income (FY, 2021)

(10.1m)

EBIT (FY, 2021)

(12.1m)

Market capitalization (26-May-2022)

102.5m

Closing stock price (26-May-2022)

10.0

Cash (31-Dec-2021)

14.5m

EV

91.0m
Airgain's current market capitalization is $102.5 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

55.7m48.5m64.3m

Revenue growth, %

(8%)(13%)33%

Cost of goods sold

30.4m25.9m39.7m

Gross profit

25.3m22.6m24.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

15.1m14.5m13.1m11.2m11.4m13.0m17.4m17.3m15.5m

Cost of goods sold

8.3m7.8m7.1m5.9m6.1m7.0m10.5m10.0m9.9m

Gross profit

6.8m6.7m6.1m5.3m5.4m6.0m6.9m7.3m5.5m

Gross profit Margin, %

45%46%46%47%47%46%40%42%36%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

13.2m38.2m14.5m

Accounts Receivable

7.7m4.8m10.8m

Prepaid Expenses

1.4m1.5m1.3m

Inventories

1.2m1.0m8.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

11.7m13.6m12.9m22.5m28.6m35.8m21.5m20.2m19.0m

Accounts Receivable

8.0m9.7m8.6m7.0m4.6m4.2m9.9m11.6m10.4m

Prepaid Expenses

916.1k1.0m1.4m1.1m1.2m1.5m2.0m1.8m1.5m

Inventories

1.3m1.1m1.3m996.0k871.0k1.1m2.4m4.5m6.5m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

926.0k(3.3m)(10.1m)

Depreciation and Amortization

1.1m1.1m3.6m

Inventories

158.0k177.0k(6.3m)

Accounts Payable

(303.0k)(862.0k)1.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

336.4k998.0k863.0k(1.2m)(1.9m)(2.2m)237.0k(2.4m)(5.4m)

Depreciation and Amortization

341.2k596.0k864.0k286.0k564.0k823.0k847.0k1.7m2.6m

Inventories

68.0k256.0k86.0k197.0k322.0k116.0k(278.0k)(1.9m)(3.9m)

Accounts Payable

503.7k1.2m305.0k(291.0k)(1.6m)(756.0k)1.2m2.4m2.2m
USDQ1, 2019

Financial Leverage

1.1 x
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Airgain Operating Metrics

Airgain's Units Shipped was reported to be 158 m in FY, 2017.
FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Products

3305501 k1 k1 k1 k

Units Shipped

87 m159 m158 m

Patents (US)

4769131175222233

Patents (Foreign)

222323242421

Airgain Acquisitions / Subsidiaries

Company NameDateDeal Size
NimbeLinkJanuary 07, 2021
Antenna PlusApril 10, 2017$6.4 m
SkycrossJanuary 10, 2016

Airgain Revenue Breakdown

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Airgain revenue breakdown by business segment: 30.2% from Fulfillment Distributors, 7.2% from OEM/ODM/CM, 30.2% from Fulfillment Distributors, 7.2% from OEM/ODM/CM and 25.2% from Other

Airgain revenue breakdown by geographic segment: 21.3% from China, 26.7% from North America, 21.3% from China, 26.7% from North America and 4.0% from Other

Airgain Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Airgain Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Airgain Online and Social Media Presence

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Airgain News and Updates

Airgain® Announces Addition of Kiva Allgood to Board

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced wireless connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced the appointment of Kiva Allgo…

Airgain® Reports First Quarter 2021 Financial Results

Airgain, Inc. (Nasdaq: AIRG), a leading provider of advanced wireless connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today reported financial results for the firs…

Airgain® Appoints Wireless Communications Veteran Dr. Ali Sadri as Senior Vice President, Engineering

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced wireless connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced the appointment of Ali Sadri,…

Airgain® to Participate in a Virtual Webinar and Panel of Industry Leaders to Discuss How AirgainConnect® Adds Resilience and Extends Coverage and Connectivity for First Responders

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, will be participating in a webinar and virtual panel o…

Airgain® Ramps Up Partner Programs for FirstNet® MegaRange™ With HPUE Products Now Available from SYNNEX Corporation

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced wireless connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced that SYNNEX Corporation (NYSE…

Airgain® Awarded 2021 Industrial IoT Product of the Year By IoT Evolution World

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced connectivity solutions and technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, announced today that the NimbeLink AT6 asset tracking …
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Airgain Frequently Asked Questions

  • When was Airgain founded?

    Airgain was founded in 1995.

  • Who are Airgain key executives?

    Airgain's key executives are Jacob Suen, Jim K Sims and Bill Swafford.

  • How many employees does Airgain have?

    Airgain has 145 employees.

  • What is Airgain revenue?

    Latest Airgain annual revenue is $64.3 m.

  • What is Airgain revenue per employee?

    Latest Airgain revenue per employee is $443.3 k.

  • Who are Airgain competitors?

    Competitors of Airgain include MTI Wireless Edge, Actiontec and Mist Systems.

  • Where is Airgain headquarters?

    Airgain headquarters is located at 3611 Valley Centre Dr #150, San Diego.

  • Where are Airgain offices?

    Airgain has offices in San Diego, Plymouth, Rockledge, Scottsdale and in 3 other locations.

  • How many offices does Airgain have?

    Airgain has 8 offices.