Airgain (AIRG) Cost of Revenue (2015 - 2026)
Airgain (AIRG) posted Cost of Revenue of $6.5 million for Q1 2026, down 2.27% on a QoQ basis from $6.7 million in Q4 2025, and down 4.6% year-over-year from $6.9 million in Q1 2025.
Airgain (AIRG) Cost of Revenue (2015 - 2026) Analysis & Trends
Airgain's Cost of Revenue history runs 12 years deep, the most recent figure standing at $6.5 million for Q1 2026.
- Quarterly Cost of Revenue fell 4.6% year-over-year to $6.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.9 million (down 14.93% YoY) and the FY2025 annual result came in at $29.2 million, down 18.33% from the prior year.
- Cost of Revenue was $6.5 million for Q1 2026 at Airgain, down from $6.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $14.0 million in Q4 2022 and bottomed at $6.5 million in Q1 2026.
- A 5-year average of $9.1 million and a median of $8.7 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 51.1% — and 2023, when it slumped 49.08%.
- Airgain's Cost of Revenue stood at $14.0 million in 2022, then slumped by 49.08% to $7.1 million in 2023, then climbed by 22.11% to $8.7 million in 2024, then slipped by 23.27% to $6.7 million in 2025, then slipped by 2.27% to $6.5 million in 2026.
- Business Quant data shows AIRG's Cost of Revenue at $6.5 million in Q1 2026, $6.7 million in Q4 2025, and $7.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 1.35 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 204.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 801.52 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 432.10 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | -9.85 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 417.49 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 3.00 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 11.06 Mn |
| 10 | Airgain | 70.14 Mn | 63.02 Mn | 4.97 Mn | 6.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.54 Mn |
| Mar 31, 2026 | 6.54 Mn |
| Dec 31, 2025 | 6.69 Mn |
| Dec 31, 2025 | 6.69 Mn |
| Sep 30, 2025 | 7.91 Mn |
| Sep 30, 2025 | 7.91 Mn |
| Jun 30, 2025 | 7.78 Mn |
| Jun 30, 2025 | 7.78 Mn |
| Mar 31, 2025 | 6.85 Mn |
| Mar 31, 2025 | 6.85 Mn |
| Dec 31, 2024 | 8.72 Mn |
| Dec 31, 2024 | 8.72 Mn |
| Sep 30, 2024 | 9.39 Mn |
| Sep 30, 2024 | 9.39 Mn |
| Jun 30, 2024 | 9.04 Mn |
| Jun 30, 2024 | 9.04 Mn |
| Mar 31, 2024 | 8.66 Mn |
| Mar 31, 2024 | 8.66 Mn |
| Dec 31, 2023 | 7.14 Mn |
| Dec 31, 2023 | 7.14 Mn |