NETGEAR, Inc. (NTGR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	688.1M	693.4M	673.8M	740.8M	932.5M
Cost of Revenue	425.4M	442.4M	477.8M	491.6M	681.9M
Gross Profit	262.7M	251.0M	195.9M	249.3M	250.5M
Operating Expenses
R&D Expense	83.5M	78.9M	81.1M	83.3M	88.4M
SG&A Expense	212.8M	193.7M	187.2M	194.0M	196.0M
General & Admin Expense	79.2M	100.9M	63.5M	66.2M	56.3M
Selling & Marketing Expense	133.6M	92.9M	123.7M	127.8M	139.7M
Other Expenses	(4.3M)	13.5M	(84.5M)	5.2M	49.0M
Total Operating Expenses	291.9M	286.1M	183.7M	282.5M	333.5M
Cost and Expenses	717.3M	728.5M	661.5M	774.1M	1.0B
Operating Income (EBIT)	(29.2M)	(35.1M)	12.2M	(33.3M)	(82.9M)
Non-Operating
Interest Income	5.2M	8.3M	12.2M	6.8M	1.8M
Interest Expense	—	—	—	—	—
Net Interest Income	5.2M	8.3M	12.2M	6.8M	1.8M
Other Non-Op Income/Expense	3.2M	17.7M	12.7M	14.1M	902.0K
Non-Operating Income (excl Interest)	(3.2M)	(8.7M)	84.5M	(1.1M)	(49.0M)
EBT (Pre-Tax Income)	(26.0M)	(17.4M)	24.9M	(19.1M)	(82.0M)
Income Tax Expense	14.7M	15.4M	12.5M	85.6M	(13.0M)
Bottom Line
Net Income	(40.7M)	(32.8M)	12.4M	(104.8M)	(69.0M)
Earnings from Cont. Ops	(40.7M)	(32.8M)	12.4M	(104.8M)	(69.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(40.7M)	(32.8M)	12.4M	(104.8M)	(69.0M)
Per Share
Basic EPS	($1.45)	($1.14)	$0.43	($3.57)	($2.38)
Diluted EPS	($1.45)	($1.14)	$0.42	($3.57)	($2.38)
Revenue Per Share	$25.45	$24.00	$23.31	$25.24	$32.15
Shares
Basic Shares Outstanding	27.0M	28.9M	28.9M	29.4M	29.0M
Diluted Shares Outstanding	27.0M	28.9M	29.7M	29.4M	29.0M
Profitability Metrics
EBITDA	(16.8M)	(17.5M)	(65.8M)	(25.0M)	(23.8M)
D&A	9.2M	8.9M	6.5M	7.2M	10.1M
EBIT	(26.0M)	(26.4M)	(72.3M)	(32.2M)	(33.9M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026