Smart Buildings

Airthings Indoor Air Quality Business & 2024 Financials Examined

In this Research Note, we examine Airthings ASA, a Norwegian public company focused on indoor air quality sensing. This analysis highlights their Q4 and Full Year 2024 financial report, including financials for their operating segments offering consumer devices and air quality solutions to schools, offices and other commercial buildings. Airthings Profile Airthings produces IoT devices and solutions for monitoring indoor air quality, radon, and energy efficiency for homeowners, businesses, and professionals. Founded in 2008 and headquartered in Oslo, Norway, the company reported 106 full-time employees per year end, compared to 130 full-time employees at year end 2023. 2024 Financial Highlights Airthings Q4 & Full Year 2024 Report, 6th February 2025 Airthings reported $38.5 million for the full year 2024, up 5% compared to 2023. Record-high revenues in the Consumer segment, shipping over 320,000 consumer devices in 2024 (+40%), supported by continued strong demand in the US and Canada. Gross margin declined from 61% to 56% […]

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Smart Buildings

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