---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-041357"
form_type: "8-K"
ticker: "AIRG"
cik: "0001272842"
company_name: "AIRGAIN INC"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T16:41:10.895371+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Airgain Q2 2023 sales $15.8M, GAAP net loss $0.21 per share, down 17.9% YoY

## Summary
- Sales decreased 17.9% YoY to $15.8M from $19.3M; enterprise down $1.8M, automotive down $1.9M.
- GAAP net loss $2.2M ($0.21 per share); non-GAAP net loss $0.1M ($0.01 per share); adjusted EBITDA $37K.
- GAAP gross margin 39.7%; non-GAAP gross margin 40.4%; operating expenses $8.5M GAAP, $6.5M non-GAAP.
- Segment sales: enterprise $7.3M, consumer $6.2M, automotive $2.3M; consumer up $1.1M sequentially offsetting declines.

## SEC filing metadata
- accession: 0000950170-23-041357
- form_type: 8-K
- ticker: AIRG
- cik: 0001272842
- company_name: AIRGAIN INC
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1272842/000095017023041357/0000950170-23-041357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1272842/000095017023041357/airg-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-041357
- JSON: https://secwatch.observer/filing/0000950170-23-041357.json
- Plain text: https://secwatch.observer/filing/0000950170-23-041357.txt

## Key facts
- Earnings Releases
  AIRGAIN INC reported the second quarter ended June 30, 2023 results: revenue $15.8 million, net income $2.2 million, EPS $(0.21) per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $15.8 million
  - Net income: $2.2 million
  - EPS: $(0.21) per share
  - Result: reported results
  source text: lay the foundation of our revenue growth when market conditions improve ,” said Airgain’s President and Chief Executive Officer, Jacob Suen. “We delivered quarterly sales of $15.8 million while remaining focused on increasing our operational efficiency and delivering adjusted EBITDA profitability.” Second Quarter 2023 Financial Highlights GAAP • Sales of $15.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1272842/000095017023041357/0000950170-23-041357-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.