Airgain Q4 revenue $12.1M (-19.6% YoY); GAAP net loss $2.4M; acquires Nextivity HPUE assets

AIRGAIN INC

2025-FY EPS reported -$0.54 revenue$51,779,000

Q4 revenue $12.1M, down 19.6% YoY; GAAP EPS loss $0.20; non-GAAP EPS loss $0.03.
GAAP gross margin 44.8%; non-GAAP 46.3%; adjusted EBITDA ($0.2M).
Acquired HPUE product line assets from Nextivity in Feb 2026, expanding vehicle gateway portfolio.
Completed Lighthouse trials with Tier 1 US mobile operator and global tower provider; engaged former AT&T exec Frank Jules as Strategic Advisor.
Consumer sales up $0.7M sequentially; enterprise down $2.6M; automotive flat.

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