AIRGAIN (AIRG) Company Report

Airgain, Inc. has signed a commercial partnership agreement with a U.S. telecom systems integrator to support the rollout of its Lighthouse™ Smart 5G NCR.
This partnership represents the first of several system integrator relationships Airgain is establishing for the Lighthouse commercial launch.
The integrator provides Airgain with immediate market access through an active pipeline of over 2,000 qualified enterprise and commercial sites.
Lighthouse™ Smart 5G NCR is a compact, network-controlled repeater designed for cost-effective, high-performance 5G coverage across indoor and outdoor environments, without requiring fiber backhaul.

Dec 10, 2025, 2:39 PM

Airgain Reports Q3 2025 Results with Sequential Revenue Growth and Positive Adjusted EBITDA

AIRG

Earnings

Guidance Update

New Projects/Investments

Airgain reported Q3 2025 revenue of $14 million, marking its third consecutive quarter of sequential revenue growth, with a non-GAAP gross margin of 44.4% and positive adjusted EBITDA of $0.3 million.
The company achieved non-GAAP net income of $0.1 million, or $0.01 per share, in Q3 2025, compared to a loss in the prior quarter.
Key growth platforms, Airgain Connect and Lighthouse, reached significant milestones, including T-Mobile T-Priority certification for Airgain Connect and FCC certification for Lighthouse, with multiple trials and design wins progressing.
Airgain secured a new design win with a Tier 1 US carrier for a Wi-Fi 7 fiber broadband gateway, targeted for commercial launch in the second half of 2026, with projected shipments exceeding 5 million units within five years.
For Q4 2025, Airgain expects revenue between $12 million and $14 million (midpoint $13 million), representing a sequential decline of approximately 7%, but anticipates positive adjusted EBITDA of approximately $0.1 million.

Nov 12, 2025, 10:00 PM

Airgain Reports Third Quarter 2025 Financial Results and Provides Q4 2025 Outlook

AIRG

Earnings

Guidance Update

Product Launch

Airgain, Inc. reported sales of $14.0 million for Q3 2025, marking its third consecutive quarter of sequential revenue growth.
The company achieved positive Adjusted EBITDA of $0.3 million and Non-GAAP net income of $0.1 million or $0.01 per share in Q3 2025.
Key operational highlights include FCC certification for Lighthouse™ 5G Smart Network Controlled Repeater and T-Mobile T-Priority certification for AirgainConnect® AC-Fleet™, which are critical milestones for expanding opportunities.
For Q4 2025, Airgain anticipates sales between $12.0 million and $14.0 million and expects Non-GAAP net income per share to be break even at the midpoint.

Nov 12, 2025, 9:35 PM

Airgain Announces Multi-year Wi-Fi 7 Design Win

AIRG

New Projects/Investments

Product Launch

Revenue Acceleration/Inflection

Airgain has secured a multi-year, multi-million dollar design win with a leading global CPE manufacturer for a next-generation Wi-Fi 7 fiber broadband gateway, intended for a major North American broadband operator.
The new platform is targeted for commercial launch in the second half of 2026.
This design win is expected to result in shipments of more than 5 million units within 5 years, positioning Airgain for meaningful revenue growth within its embedded antenna business.
The company's engagement in multiple development programs for Wi-Fi 7, 5G, and early Wi-Fi 8 platform designs underscores its leadership in embedded antenna technology.

Nov 11, 2025, 1:51 PM

Airgain Updates on Strategic Transition, Growth Platforms, and Financials

AIRG

Product Launch

Guidance Update

New Projects/Investments

Airgain (AIRG) is transitioning from a component-based provider to a complex wireless system solution provider, focusing on vehicle gateways and smart network repeaters. This strategic shift has doubled its market opportunity (SAM) from $1.1 million in 2024 to $2.2 million in 2025.
The company's new growth platforms, including the AirgainConnect Fleet 5G Vehicle Gateway and Lighthouse 5G Smart Network Repeater, launched last year and have secured key certifications in 2025, such as AT&T Net Trusted, T-Mobile T Priority, and FCC certification. Shipment ramps for these platforms are anticipated in 2026.
Financially, Airgain reported Q1 2025 revenue of $12 million with an adjusted EBITDA loss of $1.2 million, which improved in Q2 2025 to a $0.4 million loss on slightly higher revenues. The company has guided Q3 2025 revenue to $14 million (midpoint) with an expectation of breakeven to positive adjusted EBITDA. Gross margins have improved to approximately 44%.

Oct 21, 2025, 8:30 PM

Airgain Discusses Strategic Transition and Growth Platforms at Investor Conference

AIRG

Product Launch

Guidance Update

New Projects/Investments

Airgain is strategically transitioning from a component-based provider to a complex wireless system solutions provider, which has doubled its total addressable market (SAM) opportunity from $1.1 billion in 2024 to $2.2 billion in 2025.
Key growth platforms, the AirgainConnect vehicle gateway and Lighthouse smart network repeater, launched last year, with 2025 focused on certifications and customer trials, and shipment ramps anticipated in 2026.
The company reported $25.5 million in sales for 2025 and has a current market valuation of approximately $50 million.
For Q1 2025, Airgain recorded $12 million in revenue with an adjusted EBITDA loss of $1.2 million, and guided for $14 million in revenue for Q3 2025 with breakeven to positive EBITDA.
Gross margin has improved to 44% this year, up from 38% two years ago, and the quarterly breakeven point has been lowered to approximately $40 million.