NETGEAR, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:41:44Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -18.91M | 155.80M | 51.05M | -19.49M | -14.44M | 170.85M |
| EBITDA | -26.16M | 18.73M | -26.11M | -72.85M | 80.50M | 94.47M |
| Working Capital | 423.06M | 487.95M | 483.63M | 488.32M | 542.05M | 528.11M |
| Net Debt | -158.96M | -255.81M | -135.15M | -101.40M | -235.98M | -311.80M |
| Gross Margin | 38.05% | 29.08% | 33.64% | 26.87% | 31.32% | 29.65% |
| Operating Margin | -4.88% | 1.81% | -4.49% | -8.89% | 5.70% | 6.02% |
| Net Margin | -2.56% | 1.83% | -14.14% | -7.40% | 4.23% | 4.64% |
| Return on Equity (ROE) | -3.60% | 2.28% | -19.56% | -11.11% | 7.09% | 8.46% |
| Return on Assets (ROA) | -2.14% | 1.45% | -12.37% | -6.76% | 4.58% | 5.27% |
| Current Ratio | 2.69× | 2.81× | 2.83× | 2.41× | 2.59× | 2.45× |
| Debt-to-Equity | 0.10× | 0.06× | 0.08× | 0.07× | 0.04× | 0.05× |
| Effective Tax Rate | -6.84% | 50.33% | -447.49% | 15.89% | 24.60% | 17.67% |
| Cash Conversion Ratio | -0.09× | 13.33× | -0.54× | 0.20× | -0.09× | 3.11× |
| Accruals Ratio | -0.02× | -0.18× | -0.19× | -0.05× | 0.05× | -0.11× |
| SBC % of Revenue | 4.25% | 3.37% | 2.42% | 1.90% | 2.23% | 2.43% |
| CapEx Coverage | 0.08× | 18.32× | 9.80× | -2.39× | -0.46× | 17.59× |
| Free Cash Flow Per Share | $-0.66 | $5.25 | $1.74 | $-0.67 | $-0.47 | $5.58 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 66.36× | — | — | 18.37× | 21.38× |
| P/FCF | — | 5.31× | 8.38× | — | — | 7.29× |
| FCF Yield | — | 18.83% | 11.93% | — | — | 13.72% |
| EV / EBITDA | — | 28.75× | — | — | 7.69× | 9.77× |
| P/S | 0.98× | 1.18× | 0.58× | 0.56× | 0.73× | 0.98× |
| P/B | 1.38× | 1.47× | 0.81× | 0.84× | 1.23× | 1.79× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 699.62M | 673.76M | 740.84M | 932.47M | 1.17B | 1.26B |
| Cost of Goods and Services Sold | 433.43M | 477.83M | 491.59M | 681.92M | 802.24M | 883.05M |
| Gross Profit | 266.19M | 195.93M | 249.25M | 250.55M | 365.84M | 372.15M |
| Research and Development Expense | 85.72M | 81.08M | 83.30M | 88.44M | 92.97M | 88.79M |
| Operating Expenses | 300.34M | 183.71M | 282.53M | 333.47M | 299.24M | 296.61M |
| Operating Income (Loss) | -34.15M | 12.22M | -33.27M | -82.92M | 66.60M | 75.54M |
| Income Tax Expense (Benefit) | 1.15M | 12.53M | 85.63M | -13.04M | 16.12M | 12.51M |
| Net Income (Loss) Attributable to Parent | -17.92M | 12.36M | -104.77M | -68.99M | 49.39M | 58.29M |
| Earnings Per Share, Basic | $-0.63 | $0.43 | $-3.57 | $-2.38 | $1.63 | $1.95 |
| Weighted Average Number of Shares Outstanding, Basic | 28.61M | 28.91M | 29.36M | 29.01M | 30.24M | 29.90M |
| Earnings Per Share, Diluted | $-0.63 | $0.42 | $-3.57 | $-2.38 | $1.59 | $1.90 |
| Weighted Average Number of Shares Outstanding, Diluted | 28.61M | 29.68M | 29.36M | 29.01M | 31.00M | 30.64M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 209.90M | 286.44M | 176.72M | 146.50M | 263.77M | 346.46M |
| Assets, Current | 673.28M | 758.03M | 747.98M | 834.29M | 883.09M | 893.18M |
| Assets | 836.27M | 850.23M | 847.14M | 1.02B | 1.08B | 1.11B |
| Liabilities, Current | 250.22M | 270.08M | 264.35M | 345.97M | 341.05M | 365.07M |
| Liabilities | 338.45M | 309.16M | 311.65M | 398.93M | 381.72M | 416.65M |
| Stockholders' Equity Attributable to Parent | 497.82M | 541.07M | 535.50M | 620.86M | 696.82M | 689.38M |
| Common Stock, Shares, Outstanding | 27.94M | 28.50M | 29.62M | 28.91M | 29.29M | 30.40M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.61M | 164.80M | 56.85M | -13.73M | -4.58M | 181.15M |
| Payments to Acquire Property, Plant, and Equipment | 20.52M | 8.99M | 5.80M | 5.76M | 9.86M | 10.30M |
| Net Cash Provided by (Used in) Investing Activities | -22.64M | -26.16M | -27.43M | -79.52M | -9.98M | -16.84M |
| Payments for Repurchase of Common Stock | 50.66M | 33.09M | 0 | 24.38M | 75.00M | 23.80M |
| Net Cash Provided by (Used in) Financing Activities | -55.51M | -28.91M | 797.00K | -24.02M | -68.12M | -8.06M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.18M | 13.62M | -32.53M | -15.45M | -10.14M | 18.99M |
| EBITDA | -9.97M | -1.86M | — | — | -11.12M | -13.33M |
| Working Capital | 394.10M | 423.06M | 442.79M | 455.52M | 481.79M | 487.95M |
| Net Debt | -135.39M | -158.96M | -156.91M | -215.29M | -241.49M | -255.81M |
| Gross Margin | 40.49% | 40.35% | 39.15% | 37.52% | 34.76% | 32.55% |
| Operating Margin | -8.56% | -2.60% | -3.83% | -5.59% | -7.90% | -8.27% |
| Net Margin | -8.21% | -0.37% | -2.59% | -3.77% | -3.72% | -4.87% |
| Return on Equity (ROE) | -2.77% | -0.14% | -0.94% | -1.23% | -1.13% | -1.64% |
| Return on Assets (ROA) | -1.63% | -0.08% | -0.59% | -0.80% | -0.74% | -1.05% |
| Current Ratio | 2.58× | 2.69× | 2.85× | 2.87× | 2.99× | 2.81× |
| Debt-to-Equity | 0.10× | 0.10× | 0.09× | 0.05× | 0.05× | 0.06× |
| Effective Tax Rate | -8.57% | 73.10% | -18.21% | -15.53% | -30.38% | 22.47% |
| Cash Conversion Ratio | -0.13× | -28.52× | 3.75× | 1.64× | 1.45× | -2.42× |
| Accruals Ratio | -0.02× | -0.02× | 0.02× | 0.01× | 0.00× | -0.04× |
| SBC % of Revenue | 5.17% | 4.79% | 4.77% | 3.91% | 3.39% | 3.63% |
| CapEx Coverage | 0.43× | 3.32× | -1.22× | -2.14× | -6.26× | 8.62× |
| Free Cash Flow Per Share | $-0.08 | $0.48 | $-1.14 | $-0.53 | $-0.35 | $0.64 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 13.08× | 29.78× | 67.98× |
| P/S | 0.83× | 0.98× | 1.19× | 1.18× | 1.06× | 1.18× |
| P/B | 1.23× | 1.38× | 1.64× | 1.57× | 1.33× | 1.47× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 158.82M | 182.47M | 184.56M | 170.53M | 162.06M | 182.42M |
| Cost of Goods and Services Sold | 94.52M | 108.83M | 112.31M | 106.55M | 105.73M | 123.03M |
| Gross Profit | 64.30M | 73.64M | 72.25M | 63.98M | 56.33M | 59.38M |
| Research and Development Expense | 21.66M | 23.24M | 23.33M | 20.84M | 18.31M | 20.10M |
| Operating Expenses | 77.89M | 78.38M | 79.32M | 73.52M | 69.13M | 74.47M |
| Operating Income (Loss) | -13.59M | -4.74M | -7.07M | -9.54M | -12.80M | -15.09M |
| Income Tax Expense (Benefit) | 1.03M | -1.86M | 736.00K | 864.00K | 1.41M | -2.58M |
| Net Income (Loss) Attributable to Parent | -13.04M | -684.00K | -4.78M | -6.43M | -6.03M | -8.89M |
| Earnings Per Share, Basic | $-0.47 | $-0.03 | $-0.17 | $-0.22 | $-0.21 | $-0.30 |
| Weighted Average Number of Shares Outstanding, Basic | 27.98M | 28.61M | 28.64M | 28.91M | 28.72M | 28.91M |
| Earnings Per Share, Diluted | $-0.47 | $-0.03 | $-0.17 | $-0.22 | $-0.21 | $-0.30 |
| Weighted Average Number of Shares Outstanding, Diluted | 27.98M | 28.61M | 28.64M | 28.91M | 28.72M | 29.68M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 183.48M | 209.90M | 203.48M | 241.02M | 269.81M | 286.44M |
| Assets, Current | 642.82M | 673.28M | 681.94M | 698.67M | 723.75M | 758.03M |
| Assets | 801.93M | 836.27M | 810.81M | 803.55M | 814.20M | 850.23M |
| Liabilities, Current | 248.72M | 250.22M | 239.16M | 243.14M | 241.96M | 270.08M |
| Liabilities | 330.78M | 338.45M | 303.96M | 280.39M | 279.95M | 309.16M |
| Stockholders' Equity Attributable to Parent | 471.15M | 497.82M | 506.85M | 523.16M | 534.24M | 541.07M |
| Common Stock, Shares, Outstanding | — | 27.94M | — | — | — | 28.50M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.64M | 19.51M | -17.90M | -10.52M | -8.74M | 21.48M |
| Payments to Acquire Property, Plant, and Equipment | 3.82M | 5.88M | 14.63M | 4.93M | 1.40M | 2.49M |
| Net Cash Provided by (Used in) Investing Activities | -3.97M | 3.92M | -26.56M | -16.90M | -1.26M | -2.27M |
| Payments for Repurchase of Common Stock | 20.15M | 15.00M | 35.66M | 15.66M | 8.16M | 10.17M |
| Net Cash Provided by (Used in) Financing Activities | -24.10M | -17.00M | -38.50M | -18.00M | -6.62M | -6.54M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NTGR CIK 0001122904),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.