Education
About Us
Working with TipRanks
Follow Us
Netgear (NTGR)
NASDAQ:NTGR
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a meaningful operational turnaround: revenue growth, record gross margins, returning to full-year non-GAAP profitability, strong enterprise momentum, ARR/subscriber growth, and improving working capital. These material achievements were balanced by clear near-term headwinds—most notably escalating DDR4 memory shortages and consumer demand softness—that could pressure margins and results in H1/H2 2026. Management communicated concrete mitigation plans (procurement changes, pricing actions, cost-sharing, OpEx discipline), progress on supply constraints for enterprise managed switches, and strategic investments (software insourcing, OS license) that support longer-term margin expansion and higher-quality revenue. Overall, the positive fundamental improvements and profitability achieved in 2025 outweigh the noted near-term risks, but execution of mitigation actions will be important to sustain momentum into 2026.Company Guidance
Return to Revenue Growth
Full-year 2025 net revenue of $699.6M, up 3.8% year over year; full-year revenue grew by more than $25M compared to 2024.
Record Gross Margins
Non-GAAP gross margin reached an all-time high of 41.2% (2025), up ~840 basis points year over year versus 32.8% in the prior year; Q4 non-GAAP gross margin also 41.2%.
Return to Annual Profitability
Full-year non-GAAP net income of $13.3M ($0.44 per share) and full-year non-GAAP operating profit of $5.9M (0.8% operating margin) — first full-year non-GAAP operating profit since 2021.
Strong Q4 Operating and EPS Improvement
Q4 non-GAAP EPS of $0.26; non-GAAP operating income of $5.9M and non-GAAP operating margin of 3.3% (Q4 improvement of 560 bps YoY); Q4 non-GAAP EPS up 117% sequentially.
Enterprise Momentum and Margin Expansion
Enterprise revenue for full-year grew 18.8% YoY; Q4 enterprise revenue $89.4M, up 10.6% YoY. Enterprise gross margin reached 51.4%, up 750 basis points YoY.
Consumer Product Wins and Wi‑Fi 7 Adoption
Core consumer business increased 1.7% for the year (offsetting declines in service-provider related sales); improved product mix and Wi‑Fi 7 offerings helped consumer gross margin expand to 31.4% (+750 bps YoY).
Recurring Revenue Growth (ARR and Subscribers)
ARR grew 18% YoY in Q4 to $40.4M; recurring subscribers reached 558,000 at quarter end, supporting higher-margin recurring revenue expansion.
License Acquisition to Improve Margins and Product Roadmap
Acquired a perpetual license for the OS powering AV and managed switches; contributed roughly +100 bps to Q4 gross margin and anticipated to provide ~150 bps annual gross margin benefit and faster product innovation.
Improved Working Capital and Cash Generation
DSOs exited the year at 73 days (ten-year low); Q4 cash from operations $19.5M and trailing twelve months cash from operations $106M; ending cash and short-term investments $323M.
Capital Returns
Repurchased $15M of shares in Q4 and ~ $50M total repurchases in 2025 (≈539,000 shares in Q4); company has ~1.5M shares remaining under current authorization and views current prices as attractive.
NTGR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTGR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $20.17 | $19.87 | -1.49% |
Oct 29, 2025 | $33.61 | $33.89 | +0.83% |
Jul 30, 2025 | $24.66 | $23.25 | -5.72% |
Apr 30, 2025 | $24.12 | $28.00 | +16.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Netgear (NTGR) report earnings?
Netgear (NTGR) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Netgear (NTGR) earnings time?
Netgear (NTGR) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTGR EPS forecast?
NTGR EPS forecast for the fiscal quarter 2026 (Q1) is -0.05.