Airgain Quarterly Income Statements Chart
Quarterly
|
Annual
Airgain Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| sales | 14,231,000 | 10,070,000 | 13,696,000 | 15,830,000 | 16,444,000 | 19,889,000 | 19,198,000 | 19,286,000 | 17,522,000 | 14,144,000 | 15,455,000 | 17,297,000 | 17,377,000 | 12,830,000 | 13,010,000 | 11,446,000 | 11,216,000 | 13,026,000 | 13,142,000 | 14,462,000 | 15,107,890 | 16,561,520 | 15,786,913 | 14,971,681 | 13,305,098 | 12,807,175 | 12,448,436 | 13,013,143 | 11,252,417 | 12,625,965 | 12,439,279 | 9,856,317 |
| yoy | -13.46% | -49.37% | -28.66% | -17.92% | -6.15% | 40.62% | 24.22% | 11.50% | 0.83% | 10.24% | 18.79% | 51.12% | 54.93% | -1.50% | -1.00% | -20.85% | -25.76% | -21.35% | -16.75% | -3.40% | 13.55% | 29.31% | 26.82% | 15.05% | 18.24% | 1.44% | 0.07% | 32.03% | ||||
| qoq | 41.32% | -26.47% | -13.48% | -3.73% | -17.32% | 3.60% | -0.46% | 10.07% | 23.88% | -8.48% | -10.65% | -0.46% | 35.44% | -1.38% | 13.66% | 2.05% | -13.90% | -0.88% | -9.13% | -4.28% | -8.78% | 4.91% | 5.45% | 12.53% | 3.89% | 2.88% | -4.34% | 15.65% | -10.88% | 1.50% | 26.21% | |
| cost of goods sold | 8,655,000 | 7,140,000 | 8,460,000 | 9,551,000 | 10,126,000 | 14,021,000 | 11,755,000 | 11,793,000 | 10,366,000 | 9,279,000 | 9,909,000 | 9,998,000 | 10,480,000 | 6,993,000 | 6,981,000 | 6,052,000 | 5,891,000 | 7,248,000 | 7,067,000 | 7,777,000 | 8,322,428 | 9,711,386 | 8,921,571 | 8,370,160 | 7,110,927 | 6,918,845 | 6,444,544 | 6,891,619 | 5,963,959 | 7,149,564 | 6,862,992 | 5,309,556 |
| gross profit | 5,576,000 | 2,930,000 | 5,236,000 | 6,279,000 | 6,318,000 | 5,868,000 | 7,443,000 | 7,493,000 | 7,156,000 | 4,865,000 | 5,546,000 | 7,299,000 | 6,897,000 | 5,837,000 | 6,029,000 | 5,394,000 | 5,325,000 | 5,778,000 | 6,075,000 | 6,685,000 | 6,785,462 | 6,850,134 | 6,865,342 | 6,601,521 | 6,194,171 | 5,888,330 | 6,003,892 | 6,121,524 | 5,288,458 | 5,476,401 | 5,576,287 | 4,546,761 |
| yoy | -11.74% | -50.07% | -29.65% | -16.20% | -11.71% | 20.62% | 34.20% | 2.66% | 3.76% | -16.65% | -8.01% | 35.32% | 29.52% | 1.02% | -0.76% | -19.31% | -21.52% | -15.65% | -11.51% | 1.26% | 9.55% | 16.33% | 14.35% | 7.84% | 17.13% | 7.52% | 7.67% | 34.63% | ||||
| qoq | 90.31% | -44.04% | -16.61% | -0.62% | 7.67% | -21.16% | -0.67% | 4.71% | 47.09% | -12.28% | -24.02% | 5.83% | 18.16% | -3.18% | 11.77% | 1.30% | -7.84% | -4.89% | -9.12% | -1.48% | -0.94% | -0.22% | 4.00% | 6.58% | 5.19% | -1.92% | -1.92% | 15.75% | -3.43% | -1.79% | 22.64% | |
| gross margin % | 39.18% | 29.10% | 38.23% | 39.67% | 38.42% | 29.50% | 38.77% | 38.85% | 40.84% | 34.40% | 35.88% | 42.20% | 39.69% | 45.49% | 46.34% | 47.13% | 47.48% | 44.36% | 46.23% | 46.22% | 44.91% | 41.36% | 43.49% | 44.09% | 46.55% | 45.98% | 48.23% | 47.04% | 47.00% | 43.37% | 44.83% | 46.13% |
| operating expenses: | ||||||||||||||||||||||||||||||||
| research and development | 3,120,000 | 3,168,000 | 2,298,000 | 2,590,000 | 2,449,000 | 2,228,000 | 2,901,000 | 2,962,000 | 3,242,000 | 2,790,000 | 2,698,000 | 2,726,000 | 2,706,000 | 2,284,000 | 2,231,000 | 2,224,000 | 2,418,000 | 2,045,000 | 2,403,000 | 2,203,000 | 2,338,324 | 2,157,024 | 2,474,653 | 2,418,325 | 2,269,114 | 1,808,714 | 2,094,774 | 1,819,288 | 1,596,799 | 1,525,462 | 1,432,581 | 1,342,403 |
| sales and marketing | 2,158,000 | 2,251,000 | 1,704,000 | 2,305,000 | 2,866,000 | 2,622,000 | 2,808,000 | 2,889,000 | 2,855,000 | 2,797,000 | 2,484,000 | 2,489,000 | 2,439,000 | 1,499,000 | 1,559,000 | 1,379,000 | 1,539,000 | 1,072,000 | 1,461,000 | 2,229,000 | 2,274,065 | 1,892,396 | 2,161,143 | 4,094,828 | 2,884,386 | 1,783,641 | 1,809,037 | 1,792,010 | 1,628,141 | 1,592,375 | 1,453,391 | 1,383,755 |
| general and administrative | 2,927,000 | 2,999,000 | 3,144,000 | 3,596,000 | 3,793,000 | 4,295,000 | 2,998,000 | 3,255,000 | 3,485,000 | 3,361,000 | 3,307,000 | 3,261,000 | 3,633,000 | 3,130,000 | 2,439,000 | 2,389,000 | 2,678,000 | 2,751,000 | 2,416,000 | 1,757,000 | 1,994,671 | 1,680,986 | 1,922,326 | 3,737,654 | 2,204,340 | 1,825,733 | 1,899,449 | 2,637,380 | 1,638,039 | 1,227,361 | 1,459,993 | 846,555 |
| total operating expenses | 8,205,000 | 8,418,000 | 7,146,000 | 8,491,000 | 9,108,000 | 9,145,000 | 8,707,000 | 9,106,000 | 9,582,000 | 9,328,000 | 8,592,000 | 10,033,000 | 8,778,000 | 6,913,000 | 6,229,000 | 5,992,000 | 6,635,000 | 5,868,000 | 6,280,000 | 6,189,000 | 6,607,060 | 5,730,406 | 6,558,122 | 10,250,807 | 7,357,840 | 5,418,088 | 5,803,260 | 6,248,678 | 4,862,979 | 4,345,198 | 4,345,965 | 3,572,713 |
| income from operations | -2,629,000 | -5,488,000 | -1,910,000 | -2,212,000 | -2,790,000 | -3,277,000 | -1,264,000 | -1,613,000 | -2,426,000 | -4,463,000 | -3,046,000 | -2,734,000 | -1,881,000 | -1,076,000 | -200,000 | -598,000 | -1,310,000 | -90,000 | -205,000 | 496,000 | 178,402 | 1,119,728 | 307,220 | -3,649,286 | -1,163,669 | 470,242 | 200,632 | -127,154 | 425,479 | 1,131,203 | 1,230,322 | 974,048 |
| yoy | -5.77% | 67.47% | 51.11% | 37.14% | 15.00% | -26.57% | -58.50% | -41.00% | 28.97% | 314.78% | 1423.00% | 357.19% | 43.59% | 1095.56% | -2.44% | -220.56% | -834.30% | -108.04% | -166.73% | -113.59% | -115.33% | 138.12% | 53.13% | 2769.97% | -373.50% | -58.43% | -83.69% | -113.05% | ||||
| qoq | -52.10% | 187.33% | -13.65% | -20.72% | -14.86% | 159.26% | -21.64% | -33.51% | -45.64% | 46.52% | 11.41% | 45.35% | 74.81% | 438.00% | -66.56% | -54.35% | 1355.56% | -56.10% | -141.33% | 178.02% | -84.07% | 264.47% | -108.42% | 213.60% | -347.46% | 134.38% | -257.79% | -129.88% | -62.39% | -8.06% | 26.31% | |
| operating margin % | -18.47% | -54.50% | -13.95% | -13.97% | -16.97% | -16.48% | -6.58% | -8.36% | -13.85% | -31.55% | -19.71% | -15.81% | -10.82% | -8.39% | -1.54% | -5.22% | -11.68% | -0.69% | -1.56% | 3.43% | 1.18% | 6.76% | 1.95% | -24.37% | -8.75% | 3.67% | 1.61% | -0.98% | 3.78% | 8.96% | 9.89% | 9.88% |
| other income: | ||||||||||||||||||||||||||||||||
| interest income | -26,000 | -41,000 | -34,000 | -16,000 | -18,000 | -26,000 | -26,000 | -6,000 | -5,000 | -6,000 | -7,000 | -8,000 | -48,500 | -23,000 | -47,000 | -124,000 | -155,000 | -183,000 | -189,000 | -188,005 | -186,732 | -158,790 | -128,781 | -110,431 | -106,596 | -98,689 | -53,965 | -37,201 | -6,068 | -1,735 | ||
| other income | -8,000 | -7,000 | 1,000 | 11,000 | 4,000 | 19,000 | 9,000 | 15,000 | 10,000 | 23,000 | -1,000 | 9,000 | 7,000 | 8,000 | 11,000 | |||||||||||||||||
| total other income | -34,000 | -48,000 | -33,000 | -5,000 | -14,000 | -7,000 | -17,000 | 9,000 | 10,000 | 18,000 | -7,000 | 2,000 | -1,000 | 5,000 | -23,000 | -36,000 | -124,000 | -151,000 | -183,000 | -189,000 | -187,405 | -145,999 | -153,034 | -507,668 | -96,527 | -88,124 | -75,927 | -27,252 | -6,437 | 30,798 | 40,000 | -334,161 |
| income before income taxes | -2,595,000 | -5,440,000 | -1,877,000 | -2,207,000 | -2,776,000 | -3,270,000 | -1,247,000 | -1,622,000 | -2,436,000 | -4,481,000 | -3,039,000 | -2,736,000 | -1,880,000 | -1,081,000 | -177,000 | -562,000 | -1,186,000 | 61,000 | -22,000 | 685,000 | 365,807 | 1,265,727 | 460,254 | -3,141,618 | -1,067,142 | 558,366 | 276,559 | -99,902 | 431,916 | 1,100,405 | 1,190,322 | 1,308,209 |
| income tax (benefit) expense | -140,000 | -2,000 | -3,000 | |||||||||||||||||||||||||||||
| net income | -2,455,000 | -5,484,000 | -1,881,000 | -2,205,000 | -2,858,000 | -3,220,000 | -1,299,000 | -1,619,000 | -2,521,000 | -4,646,000 | -3,069,000 | -2,609,000 | 237,000 | -1,080,000 | -261,000 | -736,000 | -1,202,000 | 63,000 | -135,000 | 662,000 | 336,443 | 1,274,559 | 437,259 | -3,190,347 | -1,105,791 | 591,932 | 234,353 | -70,121 | 385,090 | 1,100,302 | 1,183,044 | 1,311,209 |
| yoy | -14.10% | 70.31% | 44.80% | 36.20% | 13.37% | -30.69% | -57.67% | -37.95% | -1163.71% | 330.19% | 1075.86% | 254.48% | -119.72% | -1814.29% | 93.33% | -211.18% | -457.27% | -95.06% | -130.87% | -120.75% | -130.43% | 115.32% | 86.58% | 4449.77% | -387.15% | -46.20% | -80.19% | -105.35% | ||||
| qoq | -55.23% | 191.55% | -14.69% | -22.85% | -11.24% | 147.88% | -19.77% | -35.78% | -45.74% | 51.38% | 17.63% | -1200.84% | -121.94% | 313.79% | -64.54% | -38.77% | -2007.94% | -146.67% | -120.39% | 96.76% | -73.60% | 191.49% | -113.71% | 188.51% | -286.81% | 152.58% | -434.21% | -118.21% | -65.00% | -6.99% | -9.77% | |
| net income margin % | -17.25% | -54.46% | -13.73% | -13.93% | -17.38% | -16.19% | -6.77% | -8.39% | -14.39% | -32.85% | -19.86% | -15.08% | 1.36% | -8.42% | -2.01% | -6.43% | -10.72% | 0.48% | -1.03% | 4.58% | 2.23% | 7.70% | 2.77% | -21.31% | -8.31% | 4.62% | 1.88% | -0.54% | 3.42% | 8.71% | 9.51% | 13.30% |
| net income per share | ||||||||||||||||||||||||||||||||
| basic | -0.23 | -0.53 | -0.18 | -0.21 | -0.28 | -0.32 | -0.13 | -0.16 | -0.25 | -0.47 | -0.3 | -0.26 | 0.02 | -0.11 | -0.03 | -0.08 | -0.12 | 0.01 | -0.01 | 0.07 | 0.03 | 0.14 | 0.05 | -0.34 | -0.12 | 0.06 | 0.02 | -0.01 | 0.04 | 0.06 | 0.21 | 0.97 |
| diluted | -0.23 | -0.53 | -0.18 | -0.21 | -0.28 | -0.32 | -0.13 | -0.16 | -0.25 | -0.47 | -0.3 | -0.26 | 0.02 | -0.11 | -0.03 | -0.08 | -0.12 | -0.01 | 0.07 | 0.03 | 0.14 | 0.04 | -0.34 | -0.12 | 0.06 | 0.02 | -0.01 | 0.04 | 0.15 | 0.16 | 0.15 | |
| weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||
| basic | 10,532 | 10,392 | 10,430 | 10,413 | 10,266 | 10,190 | 10,210 | 10,219 | 10,130 | 10,019 | 10,082 | 10,026 | 9,869 | 9,714 | 9,710 | 9,683 | 9,690 | 9,684 | 9,711 | 9,696,876 | 9,625,678 | 9,520,947 | 9,566,118 | 9,439,025 | 9,479,742 | 9,485,271 | 9,545,235 | 9,520,285 | 9,359,562 | 3,373,316 | 4,133,020 | 724,979 |
| diluted | 10,532 | 10,392 | 10,430 | 10,413 | 10,266 | 10,190 | 10,210 | 10,219 | 10,130 | 10,019 | 10,082 | 10,026 | 10,839 | 9,714 | 9,710 | 9,683 | 9,690 | 10,097 | 9,711 | 10,127,719 | 9,961,048 | 9,520,947 | 10,092,501 | 9,439,025 | 9,479,742 | 10,361,373 | 10,169,559 | 9,520,285 | 10,201,606 | 4,667,503 | 6,689,332 | 4,479,505 |
| income tax expense | 44,000 | 4,000 | ||||||||||||||||||||||||||||||
| income tax benefit | 82,000 | 33,500 | 52,000 | |||||||||||||||||||||||||||||
| change in fair value of contingent consideration | 380,000 | 103,000 | 1,557,000 | |||||||||||||||||||||||||||||
| benefit for income taxes | 85,000 | 165,000 | 30,000 | -127,000 | -2,117,000 | 48,729 | -29,781 | 2,019.5 | 7,278 | -3,000 | ||||||||||||||||||||||
| benefit from income taxes | -1,000 | 84,000 | 174,000 | 16,000 | -2,000 | 113,000 | 23,000 | 29,364 | -8,832 | 22,995 | 38,649 | -33,566 | 42,206 | 46,826 | ||||||||||||||||||
| interest expense | 4,000 | 600 | 1,482 | 5,756 | 9,846 | 13,904 | 18,472 | 22,762 | 26,713 | 30,764 | 36,866 | 41,735 | ||||||||||||||||||||
| gain on deferred purchase price liability | -388,733 | |||||||||||||||||||||||||||||||
| fair market value adjustment - warrants | -381,455 | |||||||||||||||||||||||||||||||
| accretion of dividends on preferred convertible stock | -322,170 | -610,781 | ||||||||||||||||||||||||||||||
| net income attributable to common stockholders | 591,932 | 234,353 | -70,121 | 385,090 | 1,100,302 | 860,874 | 700,428 | |||||||||||||||||||||||||
| interest expense, including amortization of debt discount | 47,294 |
We provide you with 20 years income statements for Airgain stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Airgain stock. Explore the full financial landscape of Airgain stock with our expertly curated income statements.
The information provided in this report about Airgain stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.