Netgear, Inc. income statement

In fiscal 2025, Netgear, Inc. reported revenue of $700m, up 3.8% on the year before, operating income of −$34.2m (a -4.9% margin) and net income of −$17.9m, or −$0.63 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Netgear, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	687	902	1,181	1,272	1,370	1,394	1,301	1,143	1,039	1,059	999	1,255	1,168	932	741	674	700	694
Cost of revenue	480	603	812	888	976	996	933	770	731	717	705	883	802	682	492	478	433	416
Gross profit	206	299	369	384	394	398	368	374	308	342	294	372	366	251	249	196	266	278
Research and development	30	40	49	61	85	91	86	71	72	82	78	89	93	88	83	81	86	91
Selling and marketing	106	132	155	150	154	157	147	140	139	153	138	148	146	140	128	124	128	134
General and administrative	33	36	39	45	49	47	45	54	54	65	49	61	60	56	66	63	79	79
Operating income	32	91	125	126	93	28	85	105	43	39	26	76	67	−83	−33	12	−34	−34
Net interest income	—	—	—	—	—	—	—	—	—	—	3	0	0	2	7	12	12	—
Income before tax	33	91	124	129	93	31	86	106	46	43	30	71	66	−82	−19	25	−17	−25
Income tax	23	40	33	43	38	22	37	36	57	26	4	13	16	−13	86	13	1	0
Net income	9	51	91	87	55	9	49	76	19	−9	26	58	49	−69	−105	12	−18	−26
Diluted EPS	$0.27	$1.41	$2.41	$2.23	$1.42	$0.24	$1.44	$2.25	$0.61	−$0.28	$0.81	$1.90	$1.59	−$2.38	−$3.57	$0.42	−$0.63	−$0.92
Diluted shares (average)	35m	36m	38m	39m	39m	36m	34m	34m	32m	33m	32m	31m	31m	29m	29m	30m	29m	28m
EBITDA	44	105	140	143	126	64	121	135	65	58	46	94	81	−73	−26	19	−26	−22

US$ millions unless shown otherwise. Fiscal quarters.

Netgear, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	183	182	162	171	185	182	159	169
Cost of revenue	126	123	106	107	112	109	95	101
Gross profit	56	59	56	64	72	74	64	68
Research and development	21	20	18	21	23	23	22	22
Selling and marketing	31	32	28	31	34	35	32	33
General and administrative	8	18	18	21	21	20	19	20
Operating income	96	−15	−13	−10	−7	−5	−14	−8
Income before tax	99	−11	−5	−6	−4	−3	−12	−7
Income tax	14	−3	1	1	1	−2	1	1
Net income	85	−9	−6	−6	−5	−1	−13	−7
Diluted EPS	$2.90	−$0.30	−$0.21	−$0.22	−$0.17	−$0.03	−$0.47	−$0.27
EBITDA	98	−13	−11	−8	−5	−2	−10	−5

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Netgear, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Netgear, Inc.