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Airgain Inc (NASDAQ: AIRG) |
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Airgain Inc's Customers Performance
AIRG
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AIRG's Source of Revenues |
Airgain Inc's Corporate Customers have recorded a rise in their cost of revenue by 33.4 % in the 1 quarter 2025 year on year, sequentially costs of revenue grew by 16.73 %. During the corresponding time, Airgain Inc saw a revenue deteriorated by -17.8 % year on year, sequentially revenue fell by -27.36 %. While revenue at the Airgain Inc 's corporate clients recorded rose by 24.77 % year on year, sequentially revenue grew by 2.46 %.
• List of AIRG Customers
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Airgain Inc's Customers have recorded a rise in their cost of revenue by 33.4 % in the 1 quarter 2025 year on year, sequentially costs of revenue grew by 16.73 %, for the same period Airgain Inc revnue deteriorated by -17.8 % year on year, sequentially revenue fell by -27.36 %.
• List of AIRG Customers
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| North America |
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 46.78 % |
of total Revenue |
| China Including Hong Kong and Taiwan |
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58.35 % |
of total Revenue |
| Other Countries |
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2.51 % |
of total Revenue |
| Transferred At Point In Time |
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100.25 % |
of total Revenue |
| Transferred Over Time |
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7.39 % |
of total Revenue |
| Enterprise |
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38.9 % |
of total Revenue |
| Consumer |
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57.36 % |
of total Revenue |
| Automotive |
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11.39 % |
of total Revenue |
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Select the Relationship:
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Select the Category:
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Customers Net Income grew in Q1 by |
Customers Net margin grew to |
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36.86 % |
25.99 % |
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Customers Net Income grew in Q1 by 36.86 % |
Customers Net margin grew to 25.99 % |
Airgain Inc's Comment on Sales, Marketing and Customers
Our customers are global. Our top customers, Synnex Technology International (HK) Ltd., Syntech Asia Ltd. and Get Wireless, LLC.
We generally work with Engineering, Product Management, Product Line Management, Product Marketing, Design, and similar groups to provide antenna solutions. While the sale of the product may be to an OEM and ODM, or via a distributor, we also consider our customers to include chipset vendors and service providers. We market our design capabilities directly to chipset vendors and service providers to generate demand.
OEM. We sell our products to OEM customers worldwide. These customers make many products including Wi-Fi access points and repeaters, set-top boxes, video gateways, IoT products, and other wireless equipment found in homes, schools, businesses, and networks. Typically, these customers work with us to help overcome a specific performance issue, or to improve product performance against internal or external benchmarks, or they need a partner that can help them shorten time to market through reduced development time and end-device certifications. OEMs are also often mandated or encouraged by service providers to select us.
ODM. We sell our products to ODM customers worldwide with the vast majority being headquartered in Asia. These customers make many of the same products as the OEM customers, but they make these for sale to an OEM or service provider customer. Generally, ODM customers do not own all of the rights to the design and engineering assets of the products they produce and deliver. Historically, ODMs have been thought to focus primarily on cost; however, our ODM customers also emphasize performance and design flexibility when working on antenna and modem selection and placement.
Vertical Markets. As we shift from exclusively selling components to building and selling integrated wireless systems, our customer base has expanded from design engineers within OEMs and ODMs to key decision makers within end-user markets. With our AirgainConnect and Antenna Plus product lines, our key end-user markets include first responders, fleet managers, automotive aftermarket, government, and industrial customers. With our asset trackers, our key end-user markets include airlines, transportation, logistics companies, e-bikes and e-scooters, and more. As our portfolio of integrated products grows, so will our key end-user markets.
Chipset Vendors. We sell small quantities of our products directly to chipset vendors for their reference designs. Through our close working relationships with the leading chipset makers for WLAN we have developed a significant level of expertise in the testing and evaluation of chipset reference designs and systems. Chipset vendors and semiconductor manufacturers work with us to promote better integration and improved performance, and to create optimal reference designs. These customers help influence purchasing decisions with OEM and ODMs as their reference designs and associated Bills of Materials (BoMs) and suppliers are usually closely replicated in production designs. This can also improve time-to-market for OEM and ODM customers.
Service Providers. Typically, we do not sell products directly to telecommunications and broadband service providers, but these companies often specify overall product performance, and sometimes use our wireless design, test, and validation services. By working with the service providers, we are often written into the carrier?s specifications, which are sent to the OEM or ODM. Our antenna and modem products are then shipped directly from our contract manufacturers to the device manufacturer. In doing so, we can have an impact on an OEM?s or ODM?s ability to hit certain performance levels. We have worked with service providers, and in some cases, we have sold testing equipment that mirrors the testing equipment and environment we use internally.
News about Airgain Inc Contracts |
The Evolution of Wireless Connectivity: Airgain?s Strategic Milestones in 5G Solutions In the ever-evolving landscape of wireless technology, Airgain, Inc. (NASDAQ: AIRG), a prominent provider of advanced wireless connectivity solutions, has made significant strides toward cementing its position as a leader in the 5G space. Recently, the company has garnered attention for two monumental achievements: securing certifications for its innovative AirgainConnect Fleet 5G Vehicle Gateway from leading mobile network operators T-Mobile and ATandT, and establishing a strategic partnership with Compal Electronics, a renowned Fortune 500 leader in smart device manufacturing. These developments not only highlight Airgai...
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Airgain s Strategic Expansion and Innovations Pave the Way for Future Wireless Connectivity Solutions Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, is making bold strides in the telecommunications sector with a series of strategic initiatives aimed at enhancing its position within the industry. The company s recent press release highlighted its expansion into the burgeoning Middle East market through a strategic partnership with Waseela, a premier master systems integrator specializing in innovative ICT solutions. This move comes at a time when the Middle East is experiencing significant technological advancements and rapid market growth, fueled by countries eager to ad...
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Airgain Signs Global Distribution Agreement with TechshipWireless connectivity solutions provider Airgain, Inc. has announced a distribution agreement with Techship, Inc. for its NimbeLink product line of embedded cellular modems and other wireless-enabled products. Under this agreement, Techship will distribute Airgain s NimbeLink family of plug-in cellular modems worldwide. In addition to this partnership, Airgain has also introduced a new program for customers purchasing the Lenovo ThinkEdge SE360 V2 Servers. As part of this program, customers will have the option to purchase Airgain s cellular-based AT6 Asset Tracker, which can be easily installed in a dedicated compartment built into the server.Furtherm...
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Airgain, Inc. has recently announced a significant achievement in the form of a multi-year, multi-million dollar design win with a Tier One multi-service operator (MSO) in North America. This collaboration involves upgrading the customer premise equipment to Wi-Fi 7 through Airgain s antenna solution. The anticipated shipping of this device is scheduled for the second half of 2024. The deal marks a major milestone for Airgain as it continues to provide wireless connectivity solutions, embedded components, external antennas, and integrated systems to global markets.However, while this design win is a major highlight for Airgain, the company has also experienced some challenges in terms of its financial perfor...
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Airgain, Inc. (NASDAQ: AIRG), a global provider of wireless connectivity solutions, is strengthening its product portfolio with two groundbreaking offerings - a cellular-based asset tracker and a low-profile, roof-mounted 5G vehicle gateway. These innovations reaffirm Airgain s commitment to revolutionizing wireless connectivity across industries.Firstly, Airgain has announced a new program that allows customers purchasing Lenovo ThinkEdge SE360 V2 Servers to opt for Airgain s cellular-based AT6 Asset Tracker. This device can be easily installed in a dedicated compartment within the server. The asset tracker provides real-time monitoring and tracking, bolstering security and improved asset management capabil...
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Airgain Unveils Smart Lantern? FWA Solution at Mobile World Congress 2024By San Diego-based wireless connectivity solutions provider, Airgain Inc. (NASDAQ: AIRG), is set to showcase the industry s first-of-its-kind hybrid beamforming smart fixed wireless access (FWA) technology at the upcoming Mobile World Congress 2024. The groundbreaking solution, called the Airgain Smart Lantern?, aims to revolutionize the 5G customer experience by optimizing high gain antenna performance.With the ever-increasing demand for faster and more reliable wireless connectivity, the Airgain Smart Lantern? is designed to simplify the installation of FWA for end users. By utilizing Airgain s patented smart beamforming technology, t...
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Airgain Inc. (NASDAQ: AIRG), a global leader in wireless connectivity solutions, has announced a major new contract with a Tier 1 Mobile Network Operator (MNO) in North America. The company has been selected to supply its next-generation antennas for the operator s indoor fixed wireless (FWA) deployment. This contract comes at a time when traditional wired broadband is being increasingly overshadowed by the emerging demand for wireless connectivity solutions.
The shift towards wireless broadband has been accelerated by changing consumer preferences, increased mobility, and the demand for reliable high-speed internet connections. With Airgain s cutting-edge technology and extensive experience in...
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Airgain Expands its Footprint in Latin America with Lotier Partnership
San Diego-based wireless connectivity solutions provider, Airgain Inc. (NASDAQ: AIRG), has announced its partnership with Lotier International to enhance its market expansion into high-growth markets in Latin America. With their combined expertise, Airgain and Lotier aim to develop new business opportunities and introduce Airgain s Lante product line to the region.
Airgain specializes in creating and delivering embedded components, external antennas, and integrated systems to customers worldwide. By partnering with Lotier, a company with significant market presence in Latin America, Airgain aims to tap into the emerging markets in...
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Airgain Inc's Comment on Sales, Marketing and Customers
Our customers are global. Our top customers, Synnex Technology International (HK) Ltd., Syntech Asia Ltd. and Get Wireless, LLC.
We generally work with Engineering, Product Management, Product Line Management, Product Marketing, Design, and similar groups to provide antenna solutions. While the sale of the product may be to an OEM and ODM, or via a distributor, we also consider our customers to include chipset vendors and service providers. We market our design capabilities directly to chipset vendors and service providers to generate demand.
OEM. We sell our products to OEM customers worldwide. These customers make many products including Wi-Fi access points and repeaters, set-top boxes, video gateways, IoT products, and other wireless equipment found in homes, schools, businesses, and networks. Typically, these customers work with us to help overcome a specific performance issue, or to improve product performance against internal or external benchmarks, or they need a partner that can help them shorten time to market through reduced development time and end-device certifications. OEMs are also often mandated or encouraged by service providers to select us.
ODM. We sell our products to ODM customers worldwide with the vast majority being headquartered in Asia. These customers make many of the same products as the OEM customers, but they make these for sale to an OEM or service provider customer. Generally, ODM customers do not own all of the rights to the design and engineering assets of the products they produce and deliver. Historically, ODMs have been thought to focus primarily on cost; however, our ODM customers also emphasize performance and design flexibility when working on antenna and modem selection and placement.
Vertical Markets. As we shift from exclusively selling components to building and selling integrated wireless systems, our customer base has expanded from design engineers within OEMs and ODMs to key decision makers within end-user markets. With our AirgainConnect and Antenna Plus product lines, our key end-user markets include first responders, fleet managers, automotive aftermarket, government, and industrial customers. With our asset trackers, our key end-user markets include airlines, transportation, logistics companies, e-bikes and e-scooters, and more. As our portfolio of integrated products grows, so will our key end-user markets.
Chipset Vendors. We sell small quantities of our products directly to chipset vendors for their reference designs. Through our close working relationships with the leading chipset makers for WLAN we have developed a significant level of expertise in the testing and evaluation of chipset reference designs and systems. Chipset vendors and semiconductor manufacturers work with us to promote better integration and improved performance, and to create optimal reference designs. These customers help influence purchasing decisions with OEM and ODMs as their reference designs and associated Bills of Materials (BoMs) and suppliers are usually closely replicated in production designs. This can also improve time-to-market for OEM and ODM customers.
Service Providers. Typically, we do not sell products directly to telecommunications and broadband service providers, but these companies often specify overall product performance, and sometimes use our wireless design, test, and validation services. By working with the service providers, we are often written into the carrier?s specifications, which are sent to the OEM or ODM. Our antenna and modem products are then shipped directly from our contract manufacturers to the device manufacturer. In doing so, we can have an impact on an OEM?s or ODM?s ability to hit certain performance levels. We have worked with service providers, and in some cases, we have sold testing equipment that mirrors the testing equipment and environment we use internally.
AIRG's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
| COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
| Airgain Inc |
46.08 |
57.39 |
-7.78 |
122 |
| Casa Systems Inc |
3.41 |
249.41 |
-107.17 |
485 |
| Silicom Ltd |
90.24 |
58.11 |
-13.71 |
224 |
| Digi International Inc |
1,235.16 |
421.27 |
34.28 |
805 |
| Audiocodes ltd |
289.20 |
242.18 |
15.31 |
1,700 |
| Credo Technology Group Holding Ltd |
15,602.50 |
327.69 |
5.12 |
407 |
| Allegro Microsystems Inc |
5,795.87 |
724.53 |
-72.76 |
4,593 |
| Wolfspeed Inc |
138.52 |
759.50 |
-1,512.90 |
5,013 |
| Zenvia Inc |
68.87 |
153.44 |
-11.55 |
0 |
| Bandwidth Inc |
404.30 |
750.99 |
2.30 |
1,100 |
| Okta Inc |
18,069.98 |
2,334.00 |
-253.00 |
5,908 |
| Amdocs Limited |
10,586.91 |
5,004.99 |
496.32 |
29,000 |
| Alpine 4 Holdings Inc |
0.02 |
103.73 |
-56.75 |
120 |
| Fiee Inc |
10.36 |
62.21 |
-1.34 |
0 |
| Utstarcom Holdings Corp |
21.05 |
9.91 |
-4.37 |
481 |
| Sonic Foundry Inc |
0.00 |
21.85 |
-19.35 |
153 |
| Seachange International Inc |
12.15 |
27.58 |
-5.15 |
217 |
| Parkervision Inc |
36.15 |
0.07 |
-17.58 |
31 |
| Netgear Inc |
762.72 |
670.02 |
24.98 |
1,556 |
| Lumentum Holdings Inc |
6,213.44 |
1,387.30 |
-151.70 |
1,500 |
| Infinera Corp |
1,559.76 |
1,417.56 |
-150.34 |
2,119 |
| Harmonic Inc |
1,039.15 |
689.41 |
53.25 |
1,359 |
| Franklin Wireless Corp |
46.55 |
45.28 |
-1.94 |
69 |
| Ericsson Lm Telephone Co |
27,639.00 |
28,310.22 |
-2,806.18 |
100,000 |
| Clearone Inc |
143.54 |
9.60 |
-9.92 |
201 |
| Clearfield Inc |
563.95 |
176.73 |
-1.85 |
160 |
| Amplitech Group Inc |
20.82 |
9.51 |
-11.24 |
27 |
| Skyworks Solutions Inc |
11,454.24 |
3,952.40 |
412.10 |
9,750 |
| Semtech Corp |
3,751.57 |
1,039.65 |
-119.39 |
1,838 |
| Silicon Laboratories Inc |
4,587.30 |
654.90 |
-164.95 |
1,846 |
| Qorvo Inc |
-7,662.40 |
3,718.97 |
55.62 |
8,700 |
| Pixelworks Inc |
580.42 |
34.25 |
-32.39 |
196 |
| On Semiconductor Corporation |
22,253.07 |
6,664.30 |
635.70 |
30,000 |
| Nve Corp |
336.65 |
25.87 |
15.06 |
152 |
| Maxlinear Inc |
1,123.02 |
360.35 |
-222.60 |
941 |
| Macom Technology Solutions Holdings Inc |
10,375.76 |
845.21 |
-86.51 |
1,700 |
| Adtran Holdings Inc |
627.52 |
944.24 |
-128.33 |
3,227 |
| Marvell Technology Inc |
64,365.36 |
6,241.20 |
236.90 |
7,042 |
| Monolithic Power Systems Inc |
32,927.32 |
2,386.66 |
1,827.95 |
3,564 |
| Ambarella Inc |
0.00 |
257.19 |
-169.42 |
941 |
| Richardson Electronics Ltd |
109.89 |
186.22 |
-7.93 |
407 |
| Analog Devices Inc |
113,764.20 |
9,817.28 |
1,831.39 |
24,000 |
| Texas Instruments Incorporated |
181,551.20 |
16,049.00 |
4,873.00 |
34,000 |
| Nvidia Corp |
3,540,292.35 |
148,515.00 |
76,774.00 |
29,600 |
| International Business Machines Corporation |
265,629.04 |
62,832.00 |
5,473.00 |
305,300 |
| Broadcom Inc |
1,206,451.74 |
57,046.00 |
12,917.00 |
37,000 |
| Twilio Inc |
18,849.03 |
4,581.74 |
-34.04 |
5,535 |
| Encore Wire Corp |
4,678.89 |
2,436.51 |
243.90 |
1,629 |
| Avid Technology Inc |
1,255.41 |
395.18 |
33.26 |
1,200 |
| Kaman Corporation |
1,305.29 |
775.85 |
7.95 |
4,300 |
| Commscope Holding Company Inc |
1,718.41 |
4,148.30 |
827.70 |
20,000 |
| Belden Inc |
4,485.90 |
2,550.17 |
213.04 |
8,000 |
| Optical Cable Corporation |
20.94 |
68.41 |
-2.99 |
201 |
| Preformed Line Products Company |
760.02 |
600.35 |
39.06 |
3,401 |
| Motorola Solutions inc |
68,981.25 |
10,956.00 |
2,052.00 |
21,000 |
| Amphenol Corporation |
118,794.88 |
16,777.70 |
2,633.80 |
95,000 |
| Te Connectivity plc |
48,960.00 |
16,026.00 |
1,390.00 |
87,000 |
| Corning Inc |
43,977.44 |
13,595.00 |
552.00 |
50,000 |
| Ciena Corp |
10,804.76 |
4,264.56 |
104.80 |
8,657 |
| 3m Company |
78,885.23 |
24,513.00 |
4,377.00 |
85,000 |
| Akoustis Technologies Inc |
3.40 |
29.86 |
-76.91 |
201 |
| R F Industries Ltd |
51.85 |
71.41 |
-1.43 |
321 |
| SUBTOTAL |
5,946,404.58 |
467,327.78 |
111,902.09 |
1,048,877 |
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5.38 % 