---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055731"
form_type: "8-K"
ticker: "AIRG"
cik: "0001272842"
company_name: "AIRGAIN INC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:47:46.369139+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Airgain Q1 2024 revenue $14.2M, net loss $2.5M; sequential sales up 41%

## Summary
- GAAP net loss $2.5M ($0.23 loss per share); non-GAAP net loss $0.8M ($0.08 loss per share).
- Sales $14.2M, up 41.3% QoQ from $10.1M; down 13.5% YoY from $16.4M.
- Enterprise market $8.9M (up $4.2M QoQ); consumer $3.5M; automotive $1.8M.
- GAAP gross margin 39.2%; non-GAAP 40.2%; adjusted EBITDA negative $0.7M.
- CEO cites 5G connectivity initiatives as focus for rest of 2024.

## SEC filing metadata
- accession: 0000950170-24-055731
- form_type: 8-K
- ticker: AIRG
- cik: 0001272842
- company_name: AIRGAIN INC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1272842/000095017024055731/0000950170-24-055731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1272842/000095017024055731/airg-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055731
- JSON: https://secwatch.observer/filing/0000950170-24-055731.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055731.txt

## Key facts
- Earnings Releases
  AIRGAIN INC reported first quarter ended March 31, 2024 results: revenue $14.2 million, net income GAAP net loss of $2.5 million, EPS $(0.23) per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $14.2 million
  - Net income: GAAP net loss of $2.5 million
  - EPS: $(0.23) per share
  - Result: reported results
  source text: growth as we continue to effectively navigate a challenging macro-economic environment,” said Airgain’s President and Chief Executive Officer, Jacob Suen. “We delivered sales of $14.2 million in the first quarter, driven by sequential and year-over-year revenue growth in our enterprise market. As we look to the rest of 2024, we remain focused on the launch of our 5-G
  evidence_url: https://www.sec.gov/Archives/edgar/data/1272842/000095017024055731/0000950170-24-055731-index.htm

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