Airgain 2025 Q2 Earnings Narrows Losses, Eyes Profitability in H2 2025

Airgain reported fiscal 2025 Q2 earnings on August 7, 2025. The company narrowed its net loss to $1.48 million, a 41.3% reduction compared to the prior year, and improved its per-share loss by 47.8%. Despite a 10.3% revenue decline year-over-year, sequential revenue growth and operational progress supported optimism for future profitability.

Revenue
Airgain’s total revenue for 2025 Q2 fell by 10.3% year-over-year to $13.62 million, compared to $15.18 million in 2024 Q2. Enterprise revenue led the way with $7.15 million, followed by consumer revenue at $5.65 million. The automotive segment contributed $821,000 to total sales. Sequentially, the company saw a 13.4% revenue increase from the first quarter, primarily driven by higher enterprise sales.

Earnings/Net Income
Airgain significantly reduced its net loss in Q2 2025. The company reported a net loss of $-1.48 million, or $-0.12 per share, compared to a loss of $-2.51 million, or $-0.23 per share, in the prior-year quarter, representing a 41.3% improvement. The reduction in losses reflects improved operational efficiency and financial discipline. The EPS improvement of 47.8% underscores the company’s progress in managing its losses.

Price Action
The stock price of Airgain fell 3.78% during the latest trading day and 8.07% for the week. However, the month-to-date return edged up 0.46%.

Post-Earnings Price Action Review
A post-earnings trading strategy based on Airgain outperformed the benchmark, achieving a 104.90% return over 30 days compared to the benchmark’s 86.19%. The strategy exhibited no drawdowns and a Sharpe ratio of 0.31, reflecting strong risk-adjusted returns. This data suggests that investors who bought the stock post-positive earnings surprises benefited significantly from both short-term momentum and disciplined risk management.

CEO Commentary
Jacob Suen, President and CEO of Airgain, emphasized the company’s execution of its growth strategy, including advancements in platform capabilities, financial discipline, and key operational milestones. The company secured FirstNet Trusted certification for AC-Fleet, launched the Go-Kit Pro mobile connectivity solution, and achieved a first Tier 2 utility win. Suen expressed confidence in delivering profitability in the second half of 2025 and scalable growth in 2026, citing ongoing Lighthouse global trials that support the platform’s long-term potential.

Guidance
Airgain provided financial outlook for Q3 2025, with GAAP sales expected to range between $13.0 million and $15.0 million. Non-GAAP net income is projected to be $0.01 per share at the midpoint, with a target for adjusted EBITDA of $0.2 million. The company also expects improved gross margins and lower operating expenses compared to the current quarter.

Additional News
Airgain announced several product and certification milestones in early 2025. In May, the AirgainConnect AC-Fleet received FirstNet Trusted certification, enabling compliance with public safety standards for mission-critical communications. The product serves as a 5G vehicle gateway, supporting AT&T LTE/5G and FirstNet Band 14, while reducing installation complexity and total cost of ownership. In June, the company launched the Go-Kit Pro, a rugged, battery-powered 5G mobile connectivity solution with Wi-Fi 6 and multi-carrier eSIM support, designed for first responders and remote teams. Additionally, Airgain introduced the NimbeLink Skywire Cat 1 bis embedded modem, which is pre-certified to streamline IoT deployments and cut certification hurdles by up to 80%.

The company plans to host a conference call on August 6, 2025, to discuss its Q2 results and outlook for the remainder of the year. Investors can access the call via the investor section of Airgain’s website, with a replay available until August 6, 2026.

Airgain continues to focus on innovation and strategic positioning in the mission-critical and IoT markets, with recent product launches and certifications reinforcing its long-term growth prospects.