NETGEAR® Reports First Quarter 2026 Results
NETGEAR reported Q1 revenue of $158.8 million, down 2% year-over-year, but achieved record non-GAAP gross margins of 41.7% and positive non-GAAP operating income. The Enterprise segment grew revenue 5.8% to $83.8 million, comprising 53% of total revenue, while the Consumer segment faced headwinds with a 9.5% revenue decline.
Key figures
- Revenue
- $158.8 million
- Guidance
- Q2 net revenue $150M-$165M; GAAP operating margin (8.4)% to (5.4)%; Non-GAAP operating margin (1.0)% to 2.0%
- Revenue Yoy
- -2.0%
- Arr
- $40 million
- Non gaap eps
- 0.06
- Gaap gross margin
- 40.5%
- Non gaap gross margin
- 41.7%
- Non gaap operating income
- $1.7 million
AI analysis
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