Airgain (AIRG) Revenue & Revenue Breakdown


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Airgain Revenue Highlights


Latest Revenue (Y)

$56.04M

Latest Revenue (Q)

$15.18M

Main Geography (Y)

North America

Airgain Revenue by Period


Airgain Revenue by Year

DateRevenueChange
2023-12-31$56.04M-26.16%
2022-12-31$75.89M18.08%
2021-12-31$64.27M32.52%
2020-12-31$48.50M-12.98%
2019-12-31$55.74M-8.06%
2018-12-31$60.63M22.42%
2017-12-31$49.52M14.02%
2016-12-31$43.43M56.28%
2015-12-31$27.79M8.95%
2014-12-31$25.51M-

Airgain generated $56.04M in revenue during NA 2023, up -26.16% compared to the previous quarter, and up 92.44% compared to the same period a year ago.

Airgain Revenue by Quarter

DateRevenueChange
2024-06-30$15.18M6.70%
2024-03-31$14.23M41.32%
2023-12-31$10.07M-26.47%
2023-09-30$13.70M-13.48%
2023-06-30$15.83M-3.73%
2023-03-31$16.44M-17.32%
2022-12-31$19.89M3.60%
2022-09-30$19.20M-0.46%
2022-06-30$19.29M10.07%
2022-03-31$17.52M23.88%
2021-12-31$14.14M-8.48%
2021-09-30$15.46M-10.65%
2021-06-30$17.30M-0.46%
2021-03-31$17.38M35.44%
2020-12-31$12.83M-1.38%
2020-09-30$13.01M13.66%
2020-06-30$11.45M2.05%
2020-03-31$11.22M-13.90%
2019-12-31$13.03M-0.88%
2019-09-30$13.14M-9.13%
2019-06-30$14.46M-4.28%
2019-03-31$15.11M-8.78%
2018-12-31$16.56M4.91%
2018-09-30$15.79M5.45%
2018-06-30$14.97M12.53%
2018-03-31$13.31M3.89%
2017-12-31$12.81M2.88%
2017-09-30$12.45M-4.34%
2017-06-30$13.01M15.65%
2017-03-31$11.25M-10.88%
2016-12-31$12.63M1.50%
2016-09-30$12.44M26.21%
2016-06-30$9.86M15.79%
2016-03-31$8.51M-8.80%
2015-12-31$9.33M39.96%
2015-09-30$6.67M10.08%
2015-06-30$6.06M5.68%
2015-03-31$5.73M-

Airgain generated $15.18M in revenue during Q2 2024, up 6.70% compared to the previous quarter, and up 92.34% compared to the same period a year ago.

Airgain Revenue Breakdown


Airgain Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Other Countries$1.83M$2.13M$2.59M$3.29M$3.32M
China Including Hong Kong and Taiwan$20.29M$28.09M$27.38M--
North America$33.92M$45.68M$34.30M$10.04M$11.61M
CHINA---$35.17M-
Asia----$40.81M

Airgain's latest annual revenue breakdown by geography, as of Dec 23: North America (60.52%), China Including Hong Kong and Taiwan (36.21%), and Other Countries (3.27%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Other Countries$904.00K$717.00K$474.00K$333.00K$307.00K$326.00K$627.00K$594.00K$584.00K--------
North America$10.02M$6.05M$8.26M$9.44M$10.17M$11.65M$11.13M$12.42M$10.48M$11.24M$8.93M$7.58M$6.66M$2.68M$2.47M$2.48M$2.46M
China Including Hong Kong and Taiwan$3.30M$6.46M$2.36M$5.92M-------------
CHINA--$4.96M$6.06M$5.97M$7.44M$6.27M$6.36M$7.96M$8.18M$10.07M$8.54M$8.35M----
Rest Of World----------$612.00K$621.00K$811.00K$474.00K$421.00K$413.00K-
TAIWAN, PROVINCE OF CHINA-----------$2.74M$1.95M----

Airgain's latest quarterly revenue breakdown by geography, as of Mar 24: North America (70.44%), China Including Hong Kong and Taiwan (23.21%), and Other Countries (6.35%).

Airgain Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CRNTCeragon Networks$347.18M$88.50M
CMBMCambium Networks$220.19M$45.95M
PCTIPCTEL$99.43M$17.39M
AIRGAirgain$56.04M$15.18M
CPSHCPS$27.55M$4.25B
AKTSAkoustis$27.38M$7.51M

AIRG Revenue FAQ


Airgain's yearly revenue for 2023 was $56.04M, representing a decrease of -26.16% compared to 2022. The company's yearly revenue for 2022 was $75.9M, representing an increase of 18.08% compared to 2021. AIRG's yearly revenue for 2021 was $64.27M, representing an increase of 32.52% compared to 2020.

Airgain's quarterly revenue for Q2 2024 was $15.18M, a 6.70% increase from the previous quarter (Q1 2024), and a -4.08% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $14.23M, a 41.32% increase from the previous quarter (Q4 2023), and a -13.46% decrease year-over-year (Q1 2023). AIRG's quarterly revenue for Q4 2023 was $10.07M, a -26.47% decrease from the previous quarter (Q3 2023), and a -49.37% decrease year-over-year (Q4 2022).

Airgain's revenue growth rate for the last 3 years (2021-2023) was -12.81%, and for the last 5 years (2019-2023) was 0.54%.