NETGEAR Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 29, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	696.38	699.62	673.76	740.84	932.47	1,168
Revenue Growth (YoY)	3.75%	3.84%	-9.05%	-20.55%	-20.17%	-6.94%
Cost of Revenue	422.21	433.43	477.83	491.59	681.92	802.24
Gross Profit	274.17	266.19	195.93	249.25	250.55	365.84
Selling, General & Admin	211.39	206.65	187.16	194.02	195.99	205.62
Research & Development	89.08	85.72	81.08	83.3	88.44	92.97
Other Operating Expenses	8.64	7.97	-84.53	5.21	49.04	0.65
Total Operating Expenses	309.11	300.34	183.71	282.53	333.47	299.24
Operating Income	-34.95	-34.15	12.22	-33.28	-82.92	66.6
Total Non-Operating Income (Expense)	10.79	17.38	12.67	14.14	0.9	-1.09
Pretax Income	-24.16	-16.78	24.89	-19.14	-82.02	65.5
Provision for Income Taxes	0.77	1.15	12.53	85.63	-13.04	16.12
Net Income	-24.93	-17.92	12.36	-104.77	-68.99	49.39
Net Income to Common	-24.93	-17.92	12.36	-104.77	-68.99	49.39
Net Income Growth	-	-	-	-	-	-15.28%
Shares Outstanding (Basic)	28	29	29	29	29	30
Shares Outstanding (Diluted)	28	29	30	29	29	31
Shares Change (YoY)	-1.65%	-3.62%	1.12%	1.20%	-6.44%	1.18%
EPS (Basic)	-0.88	-0.63	0.43	-3.57	-2.38	1.63
EPS (Diluted)	-0.88	-0.63	0.42	-3.57	-2.38	1.59
EPS Growth	-	-	-	-	-	-16.32%
Shares Outstanding	27.98	27.94	28.5	29.62	28.91	29.29
Free Cash Flow	-10.95	-18.91	155.8	51.05	-19.49	-14.44
Free Cash Flow Growth	-	-	205.17%	-	-	-
Free Cash Flow Per Share	-0.39	-0.66	5.25	1.74	-0.67	-0.47
Gross Margin	39.37%	38.05%	29.08%	33.64%	26.87%	31.32%
Operating Margin	-5.02%	-4.88%	1.81%	-4.49%	-8.89%	5.70%
Profit Margin	-3.58%	-2.56%	1.83%	-14.14%	-7.40%	4.23%
FCF Margin	-1.57%	-2.70%	23.12%	6.89%	-2.09%	-1.24%
EBITDA	-25.01	-26.16	18.73	-26.11	-72.85	80.5
EBITDA Margin	-3.59%	-3.74%	2.78%	-3.52%	-7.81%	6.89%
EBIT	-34.95	-34.15	12.22	-33.28	-82.92	66.6
EBIT Margin	-5.02%	-4.88%	1.81%	-4.49%	-8.89%	5.70%
Effective Tax Rate	-3.19%	-6.84%	50.33%	-447.49%	15.89%	24.60%

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q