NETGEAR, Inc. NTGR R2K
NETGEAR, Inc. provides networking technologies for businesses, homes, and service providers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Enterprise and Consumer. It offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls. The company also provides pro AV Solutions, which includes Ethernet switches and WiFi access points; NETGEAR Engage Controller, a software that provides centralized, profile-based configuration, and unified management; NETGEAR Insight Remote Management; Pro Routers; enterprise-grade cloud managed or standalone access points; general purpose ethernet switches; and NETGEAR Exium Security Solutions, a security software that provides on-premises next-generation firewall and cloud-based secure access service edge. It markets and sells its products through wholesale distributors, traditional and online retailers, direct market resellers, value-added resellers, managed service provider, and broadband service providers, as well as through its direct online store. NETGEAR, Inc. was incorporated in 1996 and is headquartered in San Jose, California.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 24.7% over 5 years.
CONS
- Revenue declined at -9.1% CAGR over 5 years.
- Trading 27.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NTGR NETGEAR, Inc. R2K | 25.99 | - | $697.57M | - | -4.47% | -4.96% | -9.13% | 24.67% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Apr 2016 | Jul 2016 | Oct 2016 | Dec 2016 | Apr 2017 | Jul 2017 | Oct 2017 | Dec 2017 | Apr 2018 | Jul 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 261.38M | 251.69M | 251.95M | 274.15M | 245.20M | 255.28M | 269.41M | 288.93M | 249.08M | 230.85M | 265.86M | 252.97M | 229.96M | 280.05M | 378.11M | 367.07M | 317.93M | 308.81M | 290.15M | 210.56M | 223.22M | 249.59M | 180.91M | 173.41M | 197.84M | 164.59M | 143.90M | - | - | 162.06M | 170.53M | 184.56M | 182.47M | 158.82M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.73M | 106.55M | 112.31M | 108.83M | 94.52M |
| Gross Profit | 96.33M | 105.42M | 100.56M | 97.79M | 103.12M | 110.71M | 80.11M | 75.38M | 76.10M | 76.13M | 76.32M | 80.28M | 94.44M | 90.65M | 82.01M | 65.44M | 77.19M | 69.58M | 66.24M | 81.30M | 113.49M | 111.12M | 110.94M | 93.36M | 86.84M | 58.90M | 61.42M | 68.53M | 60.38M | 54.30M | 68.93M | 48.24M | 31.82M | - | - | 56.33M | 63.98M | 72.25M | 73.64M | 64.30M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64.42M | 72.58M | 77.71M | 77.66M | 72.52M |
| Operating Income | 26.01M | - | 25.61M | 25.51M | 29.86M | - | 22.79M | 19.09M | 25.39M | - | 1.50M | -57.00K | 19.85M | - | 14.01M | 326.00K | 12.06M | - | 669.00K | 8.87M | 32.17M | - | 31.33M | 21.50M | 12.91M | -58.55M | -10.05M | -2.15M | -11.97M | -17.78M | -648.00K | -21.65M | -46.86M | - | - | -8.09M | -8.60M | -5.46M | -4.03M | -8.22M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.41M | -7.00M | -3.64M | -1.14M | -4.59M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.63M | -5.56M | -4.04M | -2.54M | -12.01M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.41M | 864.00K | 736.00K | -1.86M | 1.03M |
| Net Income | 15.10M | 21.81M | 16.59M | 16.03M | 21.12M | 22.11M | 15.99M | 14.58M | 20.79M | -31.93M | 5.59M | -5.23M | 9.95M | -19.47M | 12.84M | 839.00K | 12.53M | -420.00K | -4.17M | 5.98M | 25.54M | - | 22.96M | 17.83M | 9.58M | -57.21M | -8.53M | 2.80M | -9.71M | -8.59M | -84.80M | -18.65M | -45.17M | - | - | -6.03M | -6.43M | -4.78M | -684.00K | -13.04M |
| Diluted EPS | 0.47 | 0.66 | 0.50 | 0.48 | 0.62 | 0.65 | 0.47 | 0.44 | 0.64 | -1.02 | 0.17 | -0.16 | 0.30 | -0.62 | 0.39 | 0.03 | 0.39 | -0.01 | -0.14 | 0.20 | 0.83 | 0.99 | 0.72 | 0.57 | 0.31 | -1.95 | -0.30 | 0.10 | -0.33 | -0.29 | -2.87 | -0.63 | -1.56 | - | - | -0.21 | -0.22 | -0.17 | -0.02 | -0.47 |
| R&D Expense | 21.57M | - | 22.14M | 21.80M | 21.93M | - | 22.68M | 23.36M | 23.13M | - | 21.19M | 21.95M | 20.14M | - | 18.83M | 18.81M | 19.54M | - | 19.74M | 21.14M | 24.53M | - | 23.83M | 22.59M | 23.47M | 23.82M | 22.20M | 22.17M | 22.13M | 20.83M | 20.74M | 20.23M | 19.85M | 20.91M | - | 18.31M | 20.84M | 23.33M | - | 21.66M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 1.14B | 1.04B | 1.06B | 998.76M | 1.26B | - | 932.47M | 740.84M | 673.76M | 699.62M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 681.92M | 491.59M | 477.83M | 433.43M |
| Gross Profit | 299.25M | 369.45M | 383.55M | 393.62M | 397.92M | 367.68M | 373.90M | 307.72M | 341.70M | 294.23M | 372.15M | - | 250.55M | 249.25M | 195.93M | 266.19M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 284.43M | 277.32M | 268.24M | 292.37M |
| Operating Income | 91.36M | 124.87M | 126.11M | 93.04M | 28.05M | 85.36M | 105.50M | 42.55M | 38.71M | 26.19M | 75.54M | - | -33.88M | -28.06M | -72.32M | -26.18M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | -23.82M | -20.90M | -65.80M | -18.18M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | -82.02M | -19.14M | 24.89M | -16.78M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | -13.04M | 85.63M | 12.53M | 1.15M |
| Net Income | 50.91M | 91.37M | 86.54M | 55.22M | 8.79M | 48.58M | 75.85M | 19.44M | -9.16M | 25.79M | 58.29M | - | -68.99M | -104.77M | 12.36M | -17.92M |
| Diluted EPS | 1.41 | 2.41 | 2.23 | 1.42 | 0.24 | 1.44 | 2.25 | 0.61 | -0.28 | 0.81 | 1.90 | - | -2.38 | -3.57 | 0.42 | -0.63 |
| R&D Expense | 39.97M | 48.70M | 61.07M | 85.17M | 90.90M | 86.50M | 70.90M | 71.89M | 82.42M | 77.98M | 88.79M | 92.97M | 88.44M | 83.30M | 81.08M | 85.72M |
Compounded Sales Growth
| 5 Years: | -9.13% |
| 1 Year: | -2.00% |
Compounded Profit Growth
| 5 Years: | 24.67% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -11.39% |
| 6 Months: | +1.92% |
| 3 Months: | +26.04% |
| 1 Month: | +0.39% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Jan 2018 | Dec 2018 | Jan 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 971.37M | 1.03B | 1.09B | 1.05B | 1.05B | 1.18B | 1.21B | 1.22B | 1.04B | 1.08B | 955.81M | 1.11B | - | 1.02B | 847.14M | 850.23M | 836.27M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 834.29M | 747.98M | 758.03M | 673.28M |
| Cash & Equivalents | 172.20M | 126.17M | 208.90M | 149.03M | 143.01M | 141.23M | 181.94M | 240.47M | 202.73M | - | 201.05M | - | 190.21M | 346.46M | - | 146.50M | 176.72M | 286.44M | 209.90M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 299.61M | 248.85M | 162.54M | 176.46M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 277.49M | 185.06M | 156.21M | 142.04M |
| Total Liabilities | - | - | 332.61M | 279.96M | 320.15M | 327.12M | 341.86M | 387.64M | 478.08M | 498.67M | 415.82M | 454.39M | 347.12M | 416.65M | - | 398.93M | 311.65M | 309.16M | 338.45M |
| Current Liabilities | - | - | 308.96M | 260.93M | 300.08M | 304.12M | 315.77M | 356.65M | 424.44M | 445.30M | 383.99M | 394.90M | 298.39M | 365.07M | - | 345.97M | 264.35M | 270.08M | 250.22M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.10M | 41.57M | 30.63M | 50.95M |
| Total Equity | 414.15M | 500.44M | 638.76M | 754.61M | 773.78M | 721.57M | 708.71M | 796.82M | 730.49M | - | 627.55M | - | 608.69M | 689.38M | - | 620.86M | 535.50M | 541.07M | 497.82M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 28.91M | 29.62M | 28.50M | 27.94M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 26.35M | 96.01M | 55.04M | 86.90M | 108.96M | 111.15M | 118.18M | 87.52M | -103.21M | 13.53M | 181.15M | - | -13.73M | 56.85M | 164.80M | 1.61M |
| Investing Cash Flow | -95.23M | -46.92M | -130.31M | -39.73M | -30.75M | 5.96M | -48.76M | -19.82M | -43.19M | 49.46M | -16.84M | - | -79.52M | -27.43M | -26.16M | -22.64M |
| Financing Cash Flow | 22.85M | 33.64M | 15.40M | -53.19M | -79.99M | -76.40M | -10.90M | -105.30M | 144.58M | -73.82M | -8.06M | - | -24.02M | 797.00K | -28.91M | -55.51M |
| Capital Expenditure | -8.72M | -8.21M | -14.76M | -18.05M | -19.34M | -14.00M | -10.23M | -10.14M | -12.25M | -14.23M | -10.30M | - | -5.76M | -5.80M | -8.99M | -20.52M |
| Free Cash Flow | 17.63M | 87.80M | 40.28M | 68.85M | 89.63M | 97.15M | 107.95M | 77.38M | -115.46M | -705.00K | 170.85M | - | -19.49M | 51.05M | 155.80M | -18.91M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | -117.27M | 30.22M | 109.73M | -76.54M |
| Share Buybacks | 738.00K | 926.00K | 850.00K | 63.59M | 93.22M | 117.68M | 38.25M | 113.16M | 30.00M | 75.95M | 23.80M | 75.00M | 24.38M | 0 | 33.09M | 50.66M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 32.7% | 29.6% | 32.3% | 29.5% | 29.6% | - | 26.9% | 33.6% | 29.1% | 38.0% |
| Operating Margin % | - | - | - | - | - | - | 9.2% | 4.1% | 3.7% | 2.6% | 6.0% | - | -3.6% | -3.8% | -10.7% | -3.7% |
| Net Margin % | - | - | - | - | - | - | 6.6% | 1.9% | -0.9% | 2.6% | 4.6% | - | -7.4% | -14.1% | 1.8% | -2.6% |
| ROE % | 10.2% | 14.3% | 11.5% | 7.1% | 1.2% | 6.9% | 9.5% | 2.7% | -1.5% | 4.2% | 8.5% | - | -11.1% | -19.6% | 2.3% | -3.6% |
| ROCE % | - | 18.9% | 16.3% | 11.7% | 3.8% | 11.6% | 12.7% | 5.4% | 5.9% | 4.0% | 10.2% | - | -5.0% | -4.8% | -12.5% | -4.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 12.80% | 3.44M | $89.32M |
| 2 | Brandes Investment Partners L.P. | 11.18% | 3.00M | $78.01M |
| 3 | Windward Management LP | 5.42% | 1.46M | $37.84M |
| 4 | Vanguard Portfolio Management LLC | 4.79% | 1.29M | $33.44M |
| 5 | Vanguard Capital Management LLC | 4.52% | 1.21M | $31.52M |
| 6 | Acadian Asset Management. LLC | 4.20% | 1.13M | $29.28M |
| 7 | Dimensional Fund Advisors LP | 4.15% | 1.11M | $28.92M |
| 8 | State Street Corporation | 3.49% | 936.63K | $24.34M |
| 9 | Goldman Sachs Group Inc | 2.68% | 718.95K | $18.69M |
| 10 | Geode Capital Management, LLC | 2.61% | 699.49K | $18.18M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NTGR