vs

Side-by-side financial comparison of AIRGAIN INC (AIRG) and SCYNEXIS INC (SCYX). Click either name above to swap in a different company.

SCYNEXIS INC is the larger business by last-quarter revenue ($18.6M vs $12.1M, roughly 1.5× AIRGAIN INC). SCYNEXIS INC runs the higher net margin — 65.7% vs -20.1%, a 85.9% gap on every dollar of revenue. On growth, SCYNEXIS INC posted the faster year-over-year revenue change (1808.5% vs -19.6%). Over the past eight quarters, SCYNEXIS INC's revenue compounded faster (268.5% CAGR vs -7.7%).

Airgain Inc is a leading provider of high-performance wireless connectivity solutions, including advanced antenna products, embedded radio modules, and custom connectivity systems. It serves core market segments such as IoT, automotive, smart home, enterprise networking, and telecommunications, delivering reliable high-speed wireless performance for various connected device use cases.

SCYNEXIS Inc. is a biotechnology company focused on developing innovative antifungal therapies to address unmet medical needs for difficult-to-treat fungal infections. It targets hospital and specialty care markets, with key product candidates serving immunocompromised patients and other high-risk groups.

AIRG vs SCYX — Head-to-Head

Bigger by revenue
SCYX
SCYX
1.5× larger
SCYX
$18.6M
$12.1M
AIRG
Growing faster (revenue YoY)
SCYX
SCYX
+1828.1% gap
SCYX
1808.5%
-19.6%
AIRG
Higher net margin
SCYX
SCYX
85.9% more per $
SCYX
65.7%
-20.1%
AIRG
Faster 2-yr revenue CAGR
SCYX
SCYX
Annualised
SCYX
268.5%
-7.7%
AIRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIRG
AIRG
SCYX
SCYX
Revenue
$12.1M
$18.6M
Net Profit
$-2.4M
$12.3M
Gross Margin
44.8%
Operating Margin
-20.0%
56.3%
Net Margin
-20.1%
65.7%
Revenue YoY
-19.6%
1808.5%
Net Profit YoY
-24.4%
376.5%
EPS (diluted)
$-0.21
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRG
AIRG
SCYX
SCYX
Q4 25
$12.1M
$18.6M
Q3 25
$14.0M
$334.0K
Q2 25
$13.6M
$1.4M
Q1 25
$12.0M
$257.0K
Q4 24
$15.1M
$977.0K
Q3 24
$16.1M
$660.0K
Q2 24
$15.2M
$736.0K
Q1 24
$14.2M
$1.4M
Net Profit
AIRG
AIRG
SCYX
SCYX
Q4 25
$-2.4M
$12.3M
Q3 25
$-964.0K
$-8.6M
Q2 25
$-1.5M
$-6.9M
Q1 25
$-1.5M
$-5.4M
Q4 24
$-2.0M
Q3 24
$-1.8M
$-2.8M
Q2 24
$-2.5M
$-14.5M
Q1 24
$-2.5M
$411.0K
Gross Margin
AIRG
AIRG
SCYX
SCYX
Q4 25
44.8%
Q3 25
43.6%
Q2 25
42.9%
Q1 25
43.0%
Q4 24
42.2%
Q3 24
41.7%
Q2 24
40.5%
Q1 24
39.2%
Operating Margin
AIRG
AIRG
SCYX
SCYX
Q4 25
-20.0%
56.3%
Q3 25
-6.9%
-2516.5%
Q2 25
-14.7%
-701.0%
Q1 25
-25.8%
-3350.2%
Q4 24
-13.1%
Q3 24
-11.3%
-1563.6%
Q2 24
-16.5%
-1255.0%
Q1 24
-18.5%
-692.5%
Net Margin
AIRG
AIRG
SCYX
SCYX
Q4 25
-20.1%
65.7%
Q3 25
-6.9%
-2572.2%
Q2 25
-10.8%
-504.8%
Q1 25
-12.9%
-2097.7%
Q4 24
-13.0%
Q3 24
-10.9%
-425.5%
Q2 24
-16.6%
-1964.4%
Q1 24
-17.3%
29.9%
EPS (diluted)
AIRG
AIRG
SCYX
SCYX
Q4 25
$-0.21
$0.25
Q3 25
$-0.08
$-0.17
Q2 25
$-0.12
$-0.14
Q1 25
$-0.13
$-0.11
Q4 24
$-0.17
Q3 24
$-0.16
$-0.06
Q2 24
$-0.23
$-0.30
Q1 24
$-0.23
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRG
AIRG
SCYX
SCYX
Cash + ST InvestmentsLiquidity on hand
$7.4M
$40.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$28.3M
$49.4M
Total Assets
$45.3M
$59.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRG
AIRG
SCYX
SCYX
Q4 25
$7.4M
$40.0M
Q3 25
$7.1M
$37.9M
Q2 25
$7.7M
$44.8M
Q1 25
$7.4M
$40.6M
Q4 24
$8.5M
$59.3M
Q3 24
$7.3M
$68.8M
Q2 24
$8.4M
$73.0M
Q1 24
$7.2M
$80.2M
Stockholders' Equity
AIRG
AIRG
SCYX
SCYX
Q4 25
$28.3M
$49.4M
Q3 25
$29.7M
$36.4M
Q2 25
$29.8M
$44.5M
Q1 25
$30.3M
$50.5M
Q4 24
$31.0M
$55.1M
Q3 24
$30.8M
$58.5M
Q2 24
$31.6M
$60.4M
Q1 24
$30.5M
$74.1M
Total Assets
AIRG
AIRG
SCYX
SCYX
Q4 25
$45.3M
$59.0M
Q3 25
$45.5M
$51.1M
Q2 25
$45.5M
$60.7M
Q1 25
$46.1M
$67.9M
Q4 24
$48.4M
$90.6M
Q3 24
$43.3M
$99.0M
Q2 24
$42.4M
$107.8M
Q1 24
$42.8M
$118.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRG
AIRG
SCYX
SCYX
Operating Cash FlowLast quarter
$194.0K
$18.4M
Free Cash FlowOCF − Capex
$93.0K
FCF MarginFCF / Revenue
0.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRG
AIRG
SCYX
SCYX
Q4 25
$194.0K
$18.4M
Q3 25
$-411.0K
$-8.7M
Q2 25
$129.0K
$-7.5M
Q1 25
$-1.0M
$-7.5M
Q4 24
$-26.0K
$-24.0M
Q3 24
$-1.2M
$765.0K
Q2 24
$-1.2M
$-10.9M
Q1 24
$-1.1M
$-4.0M
Free Cash Flow
AIRG
AIRG
SCYX
SCYX
Q4 25
$93.0K
Q3 25
$-418.0K
Q2 25
$113.0K
Q1 25
$-1.1M
Q4 24
$-27.0K
Q3 24
$-1.2M
Q2 24
$-1.3M
Q1 24
$-1.2M
FCF Margin
AIRG
AIRG
SCYX
SCYX
Q4 25
0.8%
Q3 25
-3.0%
Q2 25
0.8%
Q1 25
-8.9%
Q4 24
-0.2%
Q3 24
-7.5%
Q2 24
-8.5%
Q1 24
-8.3%
Capex Intensity
AIRG
AIRG
SCYX
SCYX
Q4 25
0.8%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.3%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.6%
Q1 24
0.4%
Cash Conversion
AIRG
AIRG
SCYX
SCYX
Q4 25
1.50×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-9.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRG
AIRG

Transferred At Point In Time$11.3M93%
Other$803.0K7%

SCYX
SCYX

Glaxosmithkline Intellectual Property$17.2M92%
Products$1.4M8%

Related Comparisons