NETGEAR, Inc. (NTGR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 158.82M | 176.2M | 184.56M | 170.53M | 162.06M | 182.42M | 182.85M | 143.9M | 164.59M | 188.67M | 197.84M | 173.41M | 180.91M | 249.1M | 249.59M | 223.22M | 210.56M | 251.19M | 290.15M | 308.81M |
| Revenue Growth % | -2% | -3.41% | 0.93% | 18.51% | -1.53% | -3.32% | -7.58% | -17.02% | -9.02% | -24.26% | -20.73% | -22.31% | -14.08% | -0.83% | -13.98% | -27.71% | -33.77% | -31.57% | -23.26% | 10.27% |
| Cost of Goods Sold | 94.52M | 117.8M | 112.31M | 106.55M | 105.73M | 123.03M | 126.37M | 112.08M | 116.35M | 123.04M | 128.91M | 119.11M | 120.53M | 187.41M | 181.06M | 161.8M | 151.66M | 176.49M | 203.31M | 215.46M |
| COGS % of Revenue | 59.51% | 66.86% | 60.85% | 62.48% | 65.24% | 67.45% | 69.11% | 77.89% | 70.69% | 65.21% | 65.16% | 68.69% | 66.62% | 75.23% | 72.54% | 72.48% | 72.03% | 70.26% | 70.07% | 69.77% |
| Gross Profit | 64.3M | 58.4M | 72.25M | 63.98M | 56.33M | 59.38M | 56.48M | 31.82M | 48.24M | 65.64M | 68.93M | 54.3M | 60.38M | 61.7M | 68.53M | 61.42M | 58.9M | 74.7M | 86.84M | 93.36M |
| Gross Margin % | 40.49% | 33.14% | 39.15% | 37.52% | 34.76% | 32.55% | 30.89% | 22.11% | 29.31% | 34.79% | 34.84% | 31.31% | 33.38% | 24.77% | 27.46% | 27.52% | 27.97% | 29.74% | 29.93% | 30.23% |
| Gross Profit Growth % | 14.16% | -1.66% | 27.92% | 101.04% | 16.77% | -9.53% | -18.06% | -41.39% | -20.11% | 6.39% | 0.59% | -11.59% | 2.51% | -17.41% | -21.09% | -34.21% | -46.91% | -32.77% | -23.48% | 14.83% |
| Operating Expenses | 72.27M | 64.1M | 79.32M | 73.52M | 69.13M | 74.47M | -39.33M | 78.68M | 69.89M | 68.51M | 69.58M | 72.08M | 72.36M | 73.87M | 70.68M | 71.47M | 117.45M | 73.85M | 73.93M | 71.85M |
| OpEx % of Revenue | 45.51% | 36.38% | 42.98% | 43.11% | 42.65% | 40.82% | -21.51% | 54.68% | 42.46% | 36.31% | 35.17% | 41.56% | 40% | 29.66% | 28.32% | 32.02% | 55.78% | 29.4% | 25.48% | 23.27% |
| Selling, General & Admin | 50.85M | 54.42M | 54.38M | 51.74M | 46.11M | 50.07M | 39.55M | 48.94M | 48.6M | 47.66M | 47.23M | 49.02M | 50.12M | 49.96M | 48.15M | 48.69M | 49.19M | 50.8M | 50.23M | 51.36M |
| SG&A % of Revenue | 32.02% | 30.89% | 29.47% | 30.34% | 28.45% | 27.45% | 21.63% | 34.01% | 29.53% | 25.26% | 23.87% | 28.27% | 27.7% | 20.06% | 19.29% | 21.81% | 23.36% | 20.23% | 17.31% | 16.63% |
| Research & Development | 21.42M | 16.4M | 23.33M | 20.84M | 18.31M | 20.1M | 20.91M | 19.85M | 20.23M | 19.59M | 20.74M | 20.83M | 22.13M | 20.25M | 22.17M | 22.2M | 23.82M | 23.08M | 23.47M | 22.59M |
| R&D % of Revenue | 13.49% | 9.31% | 12.64% | 12.22% | 11.3% | 11.02% | 11.43% | 13.79% | 12.29% | 10.38% | 10.48% | 12.01% | 12.23% | 8.13% | 8.88% | 9.95% | 11.31% | 9.19% | 8.09% | 7.31% |
| Other Operating Expenses | 0 | -1000K | 1000K | 937K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 108K | 1000K | 361K | 573K | 1000K | 0 | -132K | -1000K |
| Operating Income | -7.97M | -5.7M | -7.07M | -9.54M | -12.8M | -15.09M | 95.81M | -46.86M | -21.65M | -2.87M | -648K | -17.78M | -11.97M | -12.18M | -2.15M | -10.05M | -58.55M | 851K | 12.91M | 21.5M |
| Operating Margin % | -5.02% | -3.23% | -3.83% | -5.59% | -7.9% | -8.27% | 52.4% | -32.56% | -13.15% | -1.52% | -0.33% | -10.25% | -6.62% | -4.89% | -0.86% | -4.5% | -27.8% | 0.34% | 4.45% | 6.96% |
| Operating Income Growth % | 37.71% | 62.21% | -107.38% | 79.64% | 40.88% | -424.88% | 14885.19% | -163.58% | -80.78% | 76.4% | 69.87% | -76.9% | 79.55% | -1531.02% | -116.66% | -146.74% | -286.88% | -97.49% | -59.85% | 142.52% |
| EBITDA | -4.35M | -1.9M | -5.25M | -7.93M | -11.12M | -13.33M | 97.52M | -45.3M | -20.16M | -1.2M | 977K | -15.92M | -9.96M | -9.95M | 296K | -7.46M | -55.74M | 3.83M | 15.96M | 24.72M |
| EBITDA Margin % | -2.74% | -1.08% | -2.85% | -4.65% | -6.86% | -7.31% | 53.33% | -31.48% | -12.25% | -0.64% | 0.49% | -9.18% | -5.51% | -4% | 0.12% | -3.34% | -26.47% | 1.53% | 5.5% | 8.01% |
| EBITDA Growth % | 60.88% | 85.75% | -105.38% | 82.49% | 44.87% | -1007.31% | 9881.68% | -184.49% | -102.33% | 87.9% | 230.07% | -113.47% | 82.12% | -359.53% | -98.14% | -130.17% | -254.88% | -90.05% | -56.91% | 81.53% |
| D&A (Non-Cash Add-back) | 3.62M | 3.8M | 1.82M | 1.61M | 1.68M | 1.75M | 1.71M | 1.56M | 1.49M | 1.67M | 1.63M | 1.85M | 2.01M | 2.23M | 2.45M | 2.59M | 2.81M | 2.98M | 3.04M | 3.22M |
| EBIT | -7.97M | -5.7M | -4.04M | -8.6M | -8.09M | -10.79M | -3.98M | -36.97M | -20.59M | -2.87M | 423K | -15.55M | -11.97M | -12.18M | -2.15M | -10.05M | -14.1M | 851K | 12.91M | 21.5M |
| Net Interest Income | 0 | 2.5M | 2.7M | 3.1M | 3.3M | 0 | 0 | 0 | 0 | 5.44M | 0 | 0 | 0 | 0 | 0 | -820K | -45.42M | 0 | 0 | 3K |
| Interest Income | 0 | 2.5M | 2.7M | 3.1M | 3.3M | 0 | 0 | 0 | 0 | 6.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.41M | 0 | 0 | 0 | 0 | 0 | 820K | 45.42M | 0 | 0 | 0 |
| Other Income/Expense | -4.04M | 2.5M | 3.03M | 3.98M | 8.17M | 3.62M | 3.48M | 2.71M | 2.85M | 2.45M | 2.28M | 8M | 1.41M | 2.07M | 638K | -820K | -982K | -1.11M | -132K | 699K |
| Pretax Income | -12.01M | -3.2M | -4.04M | -5.56M | -4.63M | -11.46M | 99.29M | -44.15M | -18.8M | -420K | 1.63M | -9.78M | -10.57M | -10.11M | -1.51M | -10.87M | -59.53M | -257K | 12.78M | 22.2M |
| Pretax Margin % | -7.56% | -1.82% | -2.19% | -3.26% | -2.86% | -6.28% | 54.3% | -30.68% | -11.42% | -0.22% | 0.82% | -5.64% | -5.84% | -4.06% | -0.61% | -4.87% | -28.27% | -0.1% | 4.41% | 7.19% |
| Income Tax | 1.03M | 12.4M | 736K | 864K | 1.41M | -2.58M | 14.22M | 1.03M | -148K | 1.25M | 86.43M | -1.19M | -857K | -4.07M | -4.31M | -2.34M | -2.32M | 734K | 3.2M | 4.37M |
| Effective Tax Rate % | -8.57% | -387.5% | -18.21% | -15.53% | -30.38% | 22.47% | 14.32% | -2.33% | 0.79% | -297.38% | 5296.02% | 12.19% | 8.11% | 40.23% | 285.13% | 21.49% | 3.89% | -285.6% | 25.03% | 19.68% |
| Net Income | -13.04M | -15.6M | -4.78M | -6.43M | -6.03M | -8.89M | 85.07M | -45.17M | -18.65M | -1.67M | -84.8M | -8.59M | -9.71M | -6.04M | 2.8M | -8.53M | -57.21M | -991K | 9.58M | 17.83M |
| Net Margin % | -8.21% | -8.85% | -2.59% | -3.77% | -3.72% | -4.87% | 46.53% | -31.39% | -11.33% | -0.88% | -42.86% | -4.95% | -5.37% | -2.43% | 1.12% | -3.82% | -27.17% | -0.39% | 3.3% | 5.78% |
| Net Income Growth % | -116.11% | -75.56% | -105.62% | 85.77% | 67.65% | -432.41% | 200.32% | -426.09% | -92.03% | 72.39% | -3127.45% | -0.62% | 83.02% | -509.89% | -70.77% | -147.85% | -349.17% | -103.2% | -62.47% | 198.08% |
| Net Income (Continuing) | -13.04M | -15.6M | -4.78M | -6.43M | -6.03M | -8.89M | 85.07M | -45.17M | -18.65M | -1.67M | -84.8M | -8.59M | -9.71M | -6.04M | 2.8M | -8.53M | -57.21M | -991K | 9.58M | 17.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.47 | -0.54 | -0.17 | -0.22 | -0.21 | -0.31 | 2.90 | -1.56 | -0.63 | -0.06 | -2.87 | -0.29 | -0.33 | -0.21 | 0.10 | -0.30 | -1.95 | -0.03 | 0.31 | 0.57 |
| EPS Growth % | -123.81% | -74.19% | -105.86% | 85.9% | 66.67% | -450.62% | 201.05% | -437.93% | -90.91% | 73.19% | -3074.09% | 3.33% | 83.08% | -525% | -68.87% | -152.63% | -370.83% | -103.39% | -62.65% | 185% |
| EPS (Basic) | -0.47 | -0.54 | -0.17 | -0.22 | -0.21 | -0.31 | 2.96 | -1.56 | -0.63 | -0.06 | -2.87 | -0.29 | -0.33 | -0.21 | 0.10 | -0.30 | -1.95 | -0.03 | 0.32 | 0.58 |
| Diluted Shares Outstanding | 27.98M | 28.89M | 28.76M | 28.91M | 28.72M | 28.65M | 29.36M | 28.88M | 29.39M | 29.62M | 29.52M | 29.32M | 29.04M | 28.96M | 29.03M | 28.89M | 29.35M | 29.46M | 30.8M | 31.46M |
| Basic Shares Outstanding | 27.98M | 28.89M | 28.76M | 28.91M | 28.72M | 28.91M | 28.7M | 28.88M | 29.39M | 29.62M | 29.52M | 29.32M | 29.04M | 28.96M | 28.89M | 28.45M | 29.34M | 29.46M | 30.3M | 30.57M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |