---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-027269"
form_type: "8-K"
ticker: "AIRG"
cik: "0001272842"
company_name: "AIRGAIN INC"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:24:54.351122+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Airgain Q4 2023 revenue $10.1M, down 49% YoY; GAAP net loss $5.5M

## Summary
- Q4 2023 sales of $10.1M, down 26.5% from Q3 and 49.4% YoY; enterprise $4.6M, consumer $3.2M, automotive $2.3M.
- GAAP net loss $5.5M ($0.52/sh); Non-GAAP net loss $3.5M ($0.33/sh); Adjusted EBITDA -$3.3M.
- Full-year 2023 sales $56.0M; GAAP gross margin 29.1%, Non-GAAP 30.3%.
- CEO Jacob Suen: Q4 was trough; expects gradual 2024 growth from 5G launches and market recoveries.

## SEC filing metadata
- accession: 0000950170-24-027269
- form_type: 8-K
- ticker: AIRG
- cik: 0001272842
- company_name: AIRGAIN INC
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1272842/000095017024027269/0000950170-24-027269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1272842/000095017024027269/airg-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-027269
- JSON: https://secwatch.observer/filing/0000950170-24-027269.json
- Plain text: https://secwatch.observer/filing/0000950170-24-027269.txt

## Key facts
- Earnings Releases
  AIRGAIN INC reported the fourth quarter and full year ended December 31, 2023 results: revenue $10.1 million, net income $5.5 million, EPS $(0.52) per share.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $10.1 million
  - Net income: $5.5 million
  - EPS: $(0.52) per share
  - Result: reported results
  source text: and integrated systems across the globe, today reported financial results for the fourth quarter and full year ended December 31, 2023. “Our team delivered quarterly sales of $10.1 million, closing out 2023 with sales of $56.0 million,” said Airgain’s President and Chief Executive Officer, Jacob Suen. “We believe that the fourth quarter was the trough for our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1272842/000095017024027269/0000950170-24-027269-index.htm

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