China Including Hong Kong & Taiwan was Airgain’s largest region in fiscal 2025, bringing in $26.88M of $51.78M (52%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| China | — | — | — | — | |||||
| Asia | — | — | — | — | |||||
| China Including Hong Kong & Taiwan | $28.09M | $20.29M | $22.35M | $26.88M | |||||
| North America | $45.68M | $33.92M | $35.90M | $23.94M | |||||
| Rest Of The World | $2.13M | $1.83M | $2.35M | $957.00K | |||||
| Other | — | — | — | — | |||||
| Total | $75.90M | $56.04M | $60.60M | $51.78M |
Airgain brought in $51.78M from its three regions in fiscal 2025, the year ended December 31, 2025. That was down 14.6% from $60.60M in fiscal 2024. China Including Hong Kong & Taiwan was the largest at $26.88M (51.9%), ahead of North America at $23.94M (46.2%) and Rest Of The World at $957.00K (1.8%).
Compared with fiscal 2024, China Including Hong Kong & Taiwan grew 20.2% to $26.88M, while North America fell 33.3% to $23.94M. From fiscal 2022 to 2025, combined revenue from these regions fell from $75.90M to $51.78M, a compound annual decline of 12.0%. China Including Hong Kong & Taiwan's share of the total rose from 37.0% to 51.9%.
Consumer was Airgain’s largest revenue line in fiscal 2025, bringing in $26.08M of $51.78M (50%).
| Customer | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Consumer | $25.79M | $18.93M | $21.69M | $26.08M | |||
| Enterprise | $34.53M | $27.21M | $29.50M | $22.64M | |||
| Automotive | $15.57M | $9.90M | $9.41M | $3.06M | |||
| Total | $75.90M | $56.04M | $60.60M | $51.78M |
Airgain brought in $51.78M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 14.6% from $60.60M in fiscal 2024. Consumer was the largest at $26.08M (50.4%), ahead of Enterprise at $22.64M (43.7%) and Automotive at $3.06M (5.9%).
Compared with fiscal 2024, Consumer grew fastest, up 20.2% to $26.08M, while Automotive fell the most, down 67.5% to $3.06M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $75.90M to $51.78M, a compound annual decline of 12.0%. Consumer's share of the total rose from 34.0% to 50.4%.
Transferred At Point In Time was Airgain’s largest revenue line in fiscal 2025, bringing in $48.62M of $51.78M (94%).
| Timing of Transfer of Good or Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Transferred At Point In Time | — | — | $57.82M | $48.62M |
| Products & Services Transferred At A Point In Time | $73.11M | $52.74M | — | — |
| Transferred Over Time | $2.79M | $3.30M | $2.78M | $3.16M |
| Total | $75.90M | $56.04M | $60.60M | $51.78M |
Airgain brought in $51.78M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 14.6% from $60.60M in fiscal 2024. Transferred At Point In Time was the largest at $48.62M (93.9%), ahead of Transferred Over Time at $3.16M (6.1%).
Compared with fiscal 2024, Transferred Over Time grew 13.7% to $3.16M, while Transferred At Point In Time fell 15.9% to $48.62M.
Airgain began breaking out Transferred At Point In Time in fiscal 2024, when it brought in $57.82M. Airgain stopped reporting Products & Services Transferred At A Point In Time as a separate revenue line after fiscal 2023, when it brought in $52.74M.
Airgain (AIRG) reports its revenue by geography, by customer and by timing of transfer of good or service. In fiscal 2025, China Including Hong Kong & Taiwan was its largest region, bringing in $26.88M (51.9% of the total), followed by North America at $23.94M (46.2%).
China Including Hong Kong & Taiwan was Airgain's largest region in fiscal 2025, bringing in $26.88M, or 51.9% of the $51.78M total across its three regions.
Consumer was Airgain's largest revenue line in fiscal 2025, bringing in $26.08M, or 50.4% of the $51.78M total across its three revenue lines.
China Including Hong Kong & Taiwan grew faster than North America in fiscal 2025, up 20.2% from $22.35M to $26.88M. North America fell 33.3% to $23.94M.
Every figure comes from Airgain's annual financial filings, as reported. Each line keeps the name Airgain gives it, and years follow its fiscal calendar.
Airgain's revenue by geography goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.