Airgain (AIRG) Cost of Revenue (2015 - 2026)

Airgain (AIRG) reported Cost of Revenue of $2.3 million for Q1 2026, down 66.0% on a YoY basis from $6.9 million in Q1 2025, and down 89.51% quarter-over-quarter from $22.2 million in Q4 2025.

Airgain (AIRG) Cost of Revenue (2015 - 2026) Analysis & Trends

Airgain has reported Cost of Revenue for 12 years, with the latest figure at $2.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 66.0% year-over-year to $2.3 million; the trailing twelve-month figure through Mar 2026 stood at $40.2 million (up 47.31% YoY), and the FY2025 full-year result was $29.2 million, down 18.33% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $2.3 million, down from $22.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $22.2 million in Q4 2025, with the low at -$22.7 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $5.5 million across 5 years, with a median of $7.8 million in 2025.
  • The largest YoY upside for Cost of Revenue was 450.88% in 2024 against a maximum downside of 75.41% in 2024.
  • Airgain's Cost of Revenue stood at -$22.7 million in 2022, then jumped by 109.9% to $2.3 million in 2023, then soared by 287.34% to $8.7 million in 2024, then jumped by 154.7% to $22.2 million in 2025, then slumped by 89.51% to $2.3 million in 2026.
  • The last three Cost of Revenue figures came in at $2.3 million (Q1 2026), $22.2 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 5.76 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 148.87 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 1.35 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 1.05 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 432.10 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 417.49 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 84.10 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 6.35 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 189.00 Mn
10 Airgain 83.56 Mn 76.43 Mn 4.97 Mn 2.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.33 Mn
Mar 31, 2026 2.33 Mn
Dec 31, 2025 22.21 Mn
Dec 31, 2025 22.21 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 2.35 Mn
Jun 30, 2024 2.35 Mn
Mar 31, 2024 8.66 Mn
Mar 31, 2024 8.66 Mn
Dec 31, 2023 2.25 Mn
Dec 31, 2023 2.25 Mn