NETGEAR, INC.

For the period ended Sep 28, 2025. Filed Oct 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 28, 2025 · Filed Oct 31, 2025

NTGR$19.63-2.4%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Operations

(In thousands, except per share data)

Three Months Ended · Nine Months Ended
September 28, 2025 · September 29, 2024 · September 28, 2025 · September 29, 2024
Net revenue	$	184,561	$	182,854	$	517,153	$	491,340
Cost of revenue		112,309		126,371		324,597		354,797
Gross profit		72,252		56,483		192,556		136,543
Operating expenses:
Research and development		23,328		20,905		62,482		60,983
Sales and marketing		33,762		31,196		92,856		91,482
General and administrative		20,619		8,357		59,372		45,610
Litigation reserves, net		98		(100,855)		136		(92,625)
Restructuring and other charges		1,514		1,072		7,118		3,792
Total operating expenses		79,321		(39,325)		221,964		109,242
Income (loss) from operations		(7,069)		95,808		(29,408)		27,301
Other income, net		3,028		3,485		15,175		9,048
Income (loss) before income taxes		(4,041)		99,293		(14,233)		36,349
Provision for income taxes		736		14,219		3,006		15,100
Net income (loss)	$	(4,777)	$	85,074	$	(17,239)	$	21,249
Net income (loss) per share
Basic	$	(0.17)	$	2.96	$	(0.60)	$	0.73
Diluted	$	(0.17)	$	2.90	$	(0.60)	$	0.72
Weighted average shares used to compute net income (loss) per share:
Basic		28,638		28,705		28,756		28,992
Diluted		28,638		29,364		28,756		29,389

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.