Netgear reports Q4 EPS 26c, consensus 5c

Reports Q4 revenue $182.5M, consensus $177.26M. CJ Prober, Chief Executive Officer, commented, “We exited 2025 with a strong fourth quarter that underscored the momentum we’ve built across the business, delivering the first year of revenue growth in five years and a 920 basis point increase in our non-GAAP gross margin compared to the prior year. It’s clear that our transformation is enabling streamlined execution and disciplined focus in pursuit of our highest growth opportunities. This culminated in revenue at the high end of our guidance and record quarterly non-GAAP gross margin of 41.2% for the quarter. Driven by continued strength in our higher margin Enterprise business and coupled with improved mix and cost performance in our Consumer business, NETGEAR (NTGR) has fundamentally changed its profitability profile while investing for long-term growth. We delivered non-GAAP profit every quarter of the year, surpassing our expectations. As we embark on 2026, we are focused on building on this momentum by continuing to invest in our highest-growth opportunities, driving further software-led innovation, deepening partner engagements, and expanding the value we deliver to customers. With a strengthened balance sheet and resilient margins, we believe NETGEAR is well positioned to deliver long-term value creation.”