NETGEAR, INC. (NTGR) Form 8-K — Nov 4, 2026
NETGEAR reported Q3 2026 revenue of $167.3 million, down 9.3% year over year, as manufacturing challenges at a key production partner constrained its ability to convert strong Enterprise demand into shipments. GAAP net loss widened to $(12.3) million, or $(0.45) per share, while non-GAAP EPS of $0.13 slightly beat the prior year's $0.12. The bright spots were in the Enterprise segment, now over 54% of revenue and roughly 70% of non-GAAP gross profit, with Enterprise non-GAAP gross margin up 220 basis points YoY to 53.2% and ARR growing ~12% to $42.5 million.
Key figures
- Revenue
- 167345000
- Guidance
- Q4 2026 net revenue of $160M-$175M; GAAP operating margin (8.7)% to (5.7)%; non-GAAP operating margin 0% to 3%; ~150 bps of consolidated gross margin pressure vs Q3
- Revenue Yoy
- -9.3%
- Cash Position
- 242092000
- Shares Outstanding
- 26676847
- Arr
- $42.5M (+~12% YoY)
- Q3 buybacks
- $15M
- Non gaap eps
- 0.13
- Consumer revenue
- $76.6M (down 18.2% YoY)
- Gaap gross margin
- 40.1%
- Enterprise backlog
- >2.5x end of Q2
- Enterprise revenue
- $90.7M (down 0.1% YoY)
- Non gaap gross margin
- 41.3%
- Non gaap operating income
- $3.3M
- Non gaap operating margin
- 2.0%
- Cumulative buybacks since 2024
- >$131M
- Enterprise non gaap gross margin
- 53.2% (+220 bps YoY)
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