Airgain (AIRG) Gross Margin (2015 - 2026)
Airgain (AIRG) recorded Gross Margin of 42.26% in Q2 2026, down 0.60 percentage points from 42.86% a year earlier and down 0.94 percentage points from the prior quarter.
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Analysis
Airgain (AIRG) Gross Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Airgain's Gross Margin came in at 43.44% as of Jun 30, 2026, up 1.07 percentage points year-over-year; for FY2025, it was 43.54%, up 2.61 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, though with a five-year change of -3.02 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 40.93% in FY2024 (+3.88 pp), 37.05% in FY2023 (+0.19 pp), 36.86% in FY2022 (-1.43 pp) and 38.29% in FY2021 (-8.28 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q4 2024.
- On a year-over-year basis, Gross Margin rose in seven of the last eight quarters, with an average year-over-year change of +3.36 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 13.10 percentage points in Q4 2024, against a drop of 11.10 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 43.20% (Q1 2026), 44.82% (Q4 2025) and 43.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 36.70% |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 47.43% |
| 10 | Airgain | 68.00 Mn | 38.81 Mn | 5.79 Mn | 42.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.26% |
| Mar 31, 2026 | 43.20% |
| Dec 31, 2025 | 44.82% |
| Sep 30, 2025 | 43.59% |
| Jun 30, 2025 | 42.86% |
| Mar 31, 2025 | 42.95% |
| Dec 31, 2024 | 42.19% |
| Sep 30, 2024 | 41.70% |
| Jun 30, 2024 | 40.49% |
| Mar 31, 2024 | 39.18% |
| Dec 31, 2023 | 29.10% |
| Sep 30, 2023 | 38.23% |
| Jun 30, 2023 | 39.67% |
| Mar 31, 2023 | 38.42% |
| Dec 31, 2022 | 29.50% |
| Sep 30, 2022 | 38.77% |
| Jun 30, 2022 | 38.85% |
| Mar 31, 2022 | 40.84% |
| Dec 31, 2021 | 34.40% |
| Sep 30, 2021 | 35.88% |
API Access
Airgain Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AIRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AIRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AIRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();