🎉 M&A multiples are live!
Check it out!

Airgain Valuation Multiples

Discover revenue and EBITDA valuation multiples for Airgain and similar public comparables like NCTE, Pyramid, and TKH Group.

Airgain Overview

About Airgain

Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.


Founded

1995

HQ

United States of America
Employees

121

Website

airgain.com

Financials

LTM Revenue $59.7M

LTM EBITDA -$0.8M

EV

$44.2M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Airgain Financials

Airgain has a last 12-month revenue (LTM) of $59.7M and a last 12-month EBITDA of -$0.8M.

In the most recent fiscal year, Airgain achieved revenue of $60.6M and an EBITDA of -$5.2M.

Airgain expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Airgain valuation multiples based on analyst estimates

Airgain P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $59.7M XXX $60.6M XXX XXX XXX
Gross Profit $25.4M XXX $24.8M XXX XXX XXX
Gross Margin 43% XXX 41% XXX XXX XXX
EBITDA -$0.8M XXX -$5.2M XXX XXX XXX
EBITDA Margin -1% XXX -9% XXX XXX XXX
EBIT -$1.4M XXX -$8.9M XXX XXX XXX
EBIT Margin -2% XXX -15% XXX XXX XXX
Net Profit -$8.0M XXX -$8.7M XXX XXX XXX
Net Margin -13% XXX -14% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Airgain Stock Performance

As of May 30, 2025, Airgain's stock price is $4.

Airgain has current market cap of $47.2M, and EV of $44.2M.

See Airgain trading valuation data

Airgain Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$44.2M $47.2M XXX XXX XXX XXX $-0.11

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Airgain Valuation Multiples

As of May 30, 2025, Airgain has market cap of $47.2M and EV of $44.2M.

Airgain's trades at 0.7x EV/Revenue multiple, and -8.5x EV/EBITDA.

Equity research analysts estimate Airgain's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Airgain has a P/E ratio of -5.9x.

See valuation multiples for Airgain and 12K+ public comps

Airgain Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $47.2M XXX $47.2M XXX XXX XXX
EV (current) $44.2M XXX $44.2M XXX XXX XXX
EV/Revenue 0.7x XXX 0.7x XXX XXX XXX
EV/EBITDA -55.0x XXX -8.5x XXX XXX XXX
EV/EBIT -31.9x XXX -5.0x XXX XXX XXX
EV/Gross Profit 1.7x XXX n/a XXX XXX XXX
P/E -5.9x XXX -5.4x XXX XXX XXX
EV/FCF n/a XXX -11.9x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Airgain Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Airgain Margins & Growth Rates

Airgain's last 12 month revenue growth is 7%

Airgain's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.3M for the same period.

Airgain's rule of 40 is -8% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Airgain's rule of X is 17% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Airgain and other 12K+ public comps

Airgain Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 7% XXX 9% XXX XXX XXX
EBITDA Margin -1% XXX -9% XXX XXX XXX
EBITDA Growth -228% XXX n/a XXX XXX XXX
Rule of 40 -8% XXX -1% XXX XXX XXX
Bessemer Rule of X XXX XXX 17% XXX XXX XXX
Revenue per Employee XXX XXX $0.5M XXX XXX XXX
Opex per Employee XXX XXX $0.3M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 15% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 20% XXX XXX XXX
Opex to Revenue XXX XXX 56% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Airgain Public Comps

See public comps and valuation multiples for IoT and Electronic Components comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
TKH Group XXX XXX XXX XXX XXX XXX
Tanla Platforms XXX XXX XXX XXX XXX XXX
MapmyIndia XXX XXX XXX XXX XXX XXX
Pyramid XXX XXX XXX XXX XXX XXX
NCTE XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Airgain M&A and Investment Activity

Airgain acquired  XXX companies to date.

Last acquisition by Airgain was  XXXXXXXX, XXXXX XXXXX XXXXXX . Airgain acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Airgain

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Airgain

When was Airgain founded? Airgain was founded in 1995.
Where is Airgain headquartered? Airgain is headquartered in United States of America.
How many employees does Airgain have? As of today, Airgain has 121 employees.
Who is the CEO of Airgain? Airgain's CEO is Mr. Jacob Suen.
Is Airgain publicy listed? Yes, Airgain is a public company listed on NAS.
What is the stock symbol of Airgain? Airgain trades under AIRG ticker.
When did Airgain go public? Airgain went public in 2016.
Who are competitors of Airgain? Similar companies to Airgain include e.g. TKH Group, Tanla Platforms, MapmyIndia, Pyramid.
What is the current market cap of Airgain? Airgain's current market cap is $47.2M
What is the current revenue of Airgain? Airgain's last 12 months revenue is $59.7M.
What is the current revenue growth of Airgain? Airgain revenue growth (NTM/LTM) is 7%.
What is the current EV/Revenue multiple of Airgain? Current revenue multiple of Airgain is 0.7x.
Is Airgain profitable? Yes, Airgain is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Airgain? Airgain's last 12 months EBITDA is -$0.8M.
What is Airgain's EBITDA margin? Airgain's last 12 months EBITDA margin is -1%.
What is the current EV/EBITDA multiple of Airgain? Current EBITDA multiple of Airgain is -55.0x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.