NETGEAR, INC.
For the period ended Oct 29, 2025. Filed Oct 29, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2025 · Filed Oct 29, 2025
Use the contents to explore the available documents and sections.
NTGR$18.88-0.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · STATEMENT OF OPERATIONS DATA:
STATEMENT OF OPERATIONS DATA:
| Three Months Ended · Nine Months Ended | |||||
|---|---|---|---|---|---|
| September 28, 2025 | June 29, 2025 | September 29, 2024 | September 28, 2025 | September 29, 2024 | |
| GAAP gross profit | $72,252 | $63,978 | $56,483 | $192,556 | $136,543 |
| GAAP gross margin | 39.1 % | 37.5 % | 30.9 % | 37.2 % | 27.8 % |
| Amortization of intangible assets | 180 | — | — | 180 | — |
| Stock-based compensation expense | 562 | 456 | 444 | 1,440 | 1,222 |
| Non-GAAP gross profit | $72,994 | $64,434 | $56,927 | $194,176 | $137,765 |
| Non-GAAP gross margin | 39.6 % | 37.8 % | 31.1 % | 37.5 % | 28.0 % |
| GAAP research and development | $23,328 | $20,845 | $20,905 | $62,482 | $60,983 |
| Stock-based compensation expense | (1,483) | (1,000) | (868) | (3,075) | (2,410) |
| Acquisition related expenses | (286) | — | — | (286) | — |
| Non-GAAP research and development | $21,559 | $19,845 | $20,037 | $59,121 | $58,573 |
| GAAP sales and marketing | $33,762 | $31,053 | $31,196 | $92,856 | $91,482 |
| Stock-based compensation expense | (2,450) | (1,816) | (1,520) | (5,579) | (3,992) |
| Non-GAAP sales and marketing | $31,312 | $29,237 | $29,676 | $87,277 | $87,490 |
| GAAP general and administrative | $20,619 | $20,683 | $8,357 | $59,372 | $45,610 |
| Stock-based compensation expense | (4,313) | (3,403) | (2,788) | (10,885) | (8,428) |
| Acquisition related expenses | — | (705) | — | (705) | — |
| Non-GAAP general and administrative | $16,306 | $16,575 | $5,569 | $47,782 | $37,182 |
| GAAP total operating expenses | $79,321 | $73,518 | $(39,325) | $221,964 | $109,242 |
| Stock-based compensation expense | (8,246) | (6,219) | (5,176) | (19,539) | (14,830) |
| Acquisition related expenses | (286) | (705) | — | (991) | — |
| Restructuring and other charges | (1,514) | (862) | (1,072) | (7,118) | (3,792) |
| Litigation reserves, net | (98) | (75) | 100,855 | (136) | 92,625 |
| Non-GAAP total operating expenses | $69,177 | $65,657 | $55,282 | $194,180 | $183,245 |
| GAAP operating income (loss) | $(7,069) | $(9,540) | $95,808 | $(29,408) | $27,301 |
| GAAP operating margin | (3.8)% | (5.6)% | 52.4 % | (5.7)% | 5.6 % |
| Amortization of intangible assets | 180 | — | — | 180 | — |
| Stock-based compensation expense | 8,808 | 6,675 | 5,620 | 20,979 | 16,052 |
| Acquisition related expenses | 286 | 705 | — | 991 | — |
| Restructuring and other charges | 1,514 | 862 | 1,072 | 7,118 | 3,792 |
| Litigation reserves, net | 98 | 75 | (100,855) | 136 | (92,625) |
| Non-GAAP operating income (loss) | $3,817 | $(1,223) | $1,645 | $(4) | $(45,480) |
| Non-GAAP operating margin | 2.1 % | (0.7)% | 0.9 % | (0.0)% | (9.3)% |
| GAAP other income, net | $3,028 | $3,976 | $3,485 | $15,175 | $9,048 |
| Gain/loss on investments and others | 42 | (269) | (49) | (4,869) | (17) |
| Non-GAAP other income, net | $3,070 | $3,707 | $3,436 | $10,306 | $9,031 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.