Airgain (AIRG) Gross Margin (2015 - 2026)
Airgain (AIRG) reported Gross Margin of 43.2% for Q1 2026, up 25.0% on a YoY basis from 34.56% in Q1 2025, and down 3.62% quarter-over-quarter from 44.82% in Q4 2025.
Airgain (AIRG) Gross Margin (2015 - 2026) Analysis & Trends
Airgain has reported Gross Margin for 12 years, with the latest figure at 43.2% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 25.0% year-over-year to 43.2%; the trailing twelve-month figure through Mar 2026 stood at 43.6% (up 183.0% YoY), and the FY2025 full-year result was 43.54%, up 261.0% from the prior year.
- Gross Margin for Q1 2026 stood at 43.2%, down from 44.82% in the prior quarter.
- The five-year high for Gross Margin was 44.82% in Q4 2025, with the low at 29.1% in Q4 2023.
- Historically, Gross Margin has averaged 39.67% across 5 years, with a median of 40.49% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 489 bps — and 2024, when it surged 1310 bps.
- Airgain's Gross Margin stood at 29.5% in 2022, then decreased by 1 bps to 29.1% in 2023, then soared by 45 bps to 42.19% in 2024, then rose by 6 bps to 44.82% in 2025, then fell by 4 bps to 43.2% in 2026.
- The last three Gross Margin figures came in at 43.2% (Q1 2026), 44.82% (Q4 2025), and 43.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 63.63% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 43.83% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 50.18% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 88.72% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 44.16% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 47.03% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -470.73% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 29.06% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 49.63% |
| 10 | Airgain | 83.56 Mn | 76.43 Mn | 4.97 Mn | 43.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 42.20% |