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NTGRNETGEAR, Inc.
$22.09$604M
Overview & Verdict
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NTGR logoNETGEAR, Inc.(NTGR)Earnings, Financials & Key Ratios

NTGR•NASDAQ
$22.09
Price updated Jul 6, 2026
SectorTechnologyIndustryCommunication EquipmentSub-IndustryBroadband Access and Home Networking
AboutNETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in two segments, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as Wi-Fi routers and home Wi-Fi systems, broadband modems, Wi-Fi gateways, Wi-Fi hotspots, Wi-Fi range extenders, Powerline adapters and bridges, Wi-Fi network adapters, and digital canvasses; and value-added service offerings, including technical support, parental controls, and cybersecurity protection. The company also provides Ethernet switches, Wi-Fi mesh systems and access points, local and remote unified storage products, and Internet security appliances for small and medium-sized businesses, as well as education, hospitality and health markets. It markets and sells its products through traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store at www.netgear.com. in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 1996 and is headquartered in San Jose, California.Show more
  • Revenue$693M+2.9%
  • EBITDA-$26M-239.9%
  • Net Income-$33M-365.6%
  • EPS (Diluted)-1.14-371.4%
  • Gross Margin36.19%+24.5%
  • EBITDA Margin-3.78%-235.9%
  • Operating Margin-5.06%-379.3%
  • Net Margin-4.74%-358.1%
  • ROE-6.32%-375.2%

NTGR Price & Volume

NETGEAR, Inc. (NTGR) stock price & volume — 10-year historical chart

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Persistent Operational Losses Mask Structural Liquidity Strength

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Fortress
Cash Flow:Burning
Primary Risk:Structural margin erosion risk

Key Thesis Takeaways

  • NETGEAR faces a challenging transition as it attempts to pivot from commoditized consumer networking hardware toward specialized SMB solutions, a shift currently hindered by persistent negative operating margins of -5.0% as of 2026Q1.
  • While the company maintains a fortress-like balance sheet with $183.5M in cash and a low 0.08 debt-to-equity ratio, the lack of consistent free cash flow generation remains a primary concern for long-term value creation.
  • Investors should monitor whether the company can stabilize its revenue base, which declined 2.0% year-over-year in the most recent quarter, before committing capital to this turnaround effort.

Verdict Logic

the company's inability to generate consistent profitability, evidenced by a -8.2% net margin in 2026Q1, suggests that the current cash-burning operational model remains fundamentally disconnected from long-term shareholder value.

NTGR Growth Metrics

NETGEAR, Inc. (NTGR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-6.1%
5 Years-11.19%
3 Years-9.4%
TTM2.81%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-259.51%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-270.73%

Return on Capital

10 Years3.35%
5 Years-2.39%
3 Years-3.07%
Last Year-6.02%

NTGR Recent Earnings

NETGEAR, Inc. (NTGR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.06+175.0%
$0.08
Rev
$159M+4.2%
$152M
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$0.26+420.0%
$0.05
Rev
$182M+2.9%
$177M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.12+233.3%
$0.09
Rev
$185M+4.1%
$177M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.06+137.5%
$0.16
Rev
$171M-3.8%
$177M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.06vs $0.08+175.0%
$159Mvs $152M+4.2%
Q1 2026Feb 4, 2026
$0.26vs $0.05+420.0%
$182Mvs $177M+2.9%
Q4 2025Oct 29, 2025
$0.12vs $0.09+233.3%
$185Mvs $177M+4.1%
Q3 2025Jul 30, 2025
$0.06vs $0.16+137.5%
$171Mvs $177M-3.8%
Based on last 12 quarters of dataView full earnings history →

Latest NTGR News

Recent stock market news and headlines for NETGEAR, Inc. (NTGR)

Business Wire·Jun 30, 2026
NETGEAR Introduces the Next Generation of Insight, Advancing the Future of AI-Driven Network Management

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions, today unveiled NETGEAR Insight 10.0, the next generation of its cloud network management platform and a major step toward AI-powered network operations for small and medium-sized enterprises (SMEs) and managed service providers (MSPs). As organizations increasingly rely on AI applications, cloud services, connected devices, and distributed workforces, network infrastructure has.

Peers Comparison

Key metrics vs top competitors for NETGEAR, Inc. (NTGR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NTGR logoNTGRNETGEAR, Inc.Current
$22.09$604.02M-19.382.91%-4.74%-6.32%—
CALX logoCALXCalix, Inc.
$38.47$2.45B147.9620.26%3.2%4.25%—
SMCI logoSMCISuper Micro Computer, Inc.
$27.19$16.29B16.1846.59%5.29%26.01%—
CSCO logoCSCOCisco Systems, Inc.
$113.98$449.24B44.705.3%19.69%25.14%—
ANET logoANETArista Networks, Inc.
$173.28$218.19B63.0128.6%38.32%30.58%—
HPE logoHPEHewlett Packard Enterprise Company
$43.14$57.12B-967.1514.06%3.9%6.11%—

Compare NTGR vs Peers

NETGEAR, Inc. (NTGR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CALX

Most directly comparable listed peer for NTGR.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare NTGR against a more recognizable public peer.

Peer Set

Compare Top 5

vs CALX, SMCI, CSCO, ANET

NTGR SEC Filings & Documents

NETGEAR, Inc. (NTGR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Apr 14, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 1, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

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NTGR Frequently Asked Questions

NETGEAR, Inc. (NTGR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NETGEAR, Inc.'s revenue?

NETGEAR, Inc. (NTGR) reported $690.1M in revenue for fiscal year 2025. This represents a 191% increase from $237.3M in 2002.

How fast is NETGEAR, Inc. growing?

NETGEAR, Inc. (NTGR) grew revenue by 2.9% over the past year. Growth has been modest.

Is NTGR profitable?

NETGEAR, Inc. (NTGR) reported a net loss of $39.8M for fiscal year 2025.

Dividend & Returns
What is NTGR's return on equity?

NETGEAR, Inc. (NTGR) has a return on equity (ROE) of -6.3%. Negative ROE indicates the company is unprofitable.

What is NETGEAR, Inc.'s free cash flow?

NETGEAR, Inc. (NTGR) had negative free cash flow of $10.9M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in NTGR back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

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