NTGR on Nasdaq

Netgear

Logo: Netgear, Public domain, via Wikimedia Commons5

American multinational technology company

Netgear, Inc. (stylized as NETGEAR in all caps) is an American computer networking company based in San Jose, California, with offices in about 22 other countries.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

1996Founded1

Compare with Digi International, Extreme Networks or A10 Networks, or pick any stock.

  • TickerNTGR on Nasdaq1
  • Industryconsumer electronics industry1
  • HeadquartersSan Jose1
  • Founded inSan Jose1
  • Websitewww.netgear.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address3553 N. First Street, San Jose, Ca 951346
  • Filer categoryLarge accelerated filer6
  • LEI54930067KX3UNRHDWA784
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O INCORPORATING SERVICES, LTD., 19901 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 25782854
Netgear Orbi 1 2017-10-23
Photo: F ASTILY, CC BY-SA 4.0, via Wikimedia Commons8

Netgear, Inc. (stylized as NETGEAR in all caps) is an American computer networking company based in San Jose, California, with offices in about 22 other countries. It produces networking hardware for consumers, businesses, and service providers. The company operates in three business segments: retail, commercial, and as a service provider.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

38.0%Gross margin9
-4.9%Operating margin9
-2.6%Net margin9
3.8%Revenue growth, 20259
-3.6%Return on equity9
-$18.9MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Consumer brought in 51% of the revenue Netgear broke down this way in fiscal 2025.

  1. Consumer$357.6M951%down 7% from 2024
  2. Enterprise$342.0M949%up 19% from 2024
Business segments by year
Business segments202320242025
Consumer$446.9M$385.9M$357.6M
Enterprise$294.0M$287.8M$342.0M

Regions

United States brought in 59% of the revenue Netgear broke down this way in fiscal 2025.

  1. United States$461.9M959%up 4% from 2024
  2. EMEA$139.6M918%up 10% from 2024
  3. APAC$84.0M911%down 7% from 2024
  4. Asia Pacific$84.0M911%down 7% from 2024
  5. Americas (Excluding United States)$14.2M92%up 16% from 2024
Regions by year
Regions202320242025
United States$490.0M$443.8M$461.9M
EMEA$148.9M$127.3M$139.6M
APAC$87.6M$90.5M$84.0M
Asia Pacific$87.6M$90.5M$84.0M
Americas (Excluding United States)$14.4M$12.2M$14.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$433.4M
  • Research and development12¢$85.7M
  • Other costs26¢$179.3M
  • Income tax0¢$1.1M

Out of $699.6M in revenue.9 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending29¢$20.5M
  • Share buybacks71¢$50.7M

Out of $1.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.9

Financial statements

Revenue101112139$699.6M in 2025−30% since 2019
0$500.0M$1.0B$1.5B2019: $998.8M$998.8M20192020: $1.3B$1.3B2020+26%2021: $1.2B$1.2B2021−7%2022: $932.5M$932.5M2022−20%2023: $740.8M$740.8M2023−21%2024: $673.8M$673.8M2024−9%2025: $699.6M$699.6M2025+4%
Gross profit101112139$266.2M in 2025−10% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $294.2M$294.2M20192020: $372.2M$372.2M2020+26%2021: $365.8M$365.8M2021−2%2022: $250.5M$250.5M2022−32%2023: $249.3M$249.3M2023−1%2024: $195.9M$195.9M2024−21%2025: $266.2M$266.2M2025+36%
Operating income101112139-$34.2M in 2025
-$100.0M-$50.0M0$50.0M$100.0M2019: $26.2M$26.2M20192020: $75.5M$75.5M2020+188%2021: $66.6M$66.6M2021−12%2022: -$82.9M-$82.9M20222023: -$33.3M-$33.3M2023−60%2024: $12.2M$12.2M20242025: -$34.2M-$34.2M2025
Net income101112139-$17.9M in 2025
-$150.0M-$100.0M-$50.0M0$50.0M$100.0M2019: $25.8M$25.8M20192020: $58.3M$58.3M2020+126%2021: $49.4M$49.4M2021−15%2022: -$69.0M-$69.0M20222023: -$104.8M-$104.8M2023+52%2024: $12.4M$12.4M20242025: -$17.9M-$17.9M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Net revenue$699.6M$673.8M$740.8M
Cost of revenue$433.4M$477.8M$491.6M
Gross profit$266.2M$195.9M$249.3M
Research and development$85.7M$81.1M$83.3M
Sales and marketing$127.7M$123.7M$127.8M
General and administrative$78.9M$63.5M$66.2M
Litigation reserves, net$209.0K-$89.0M$178.0K
Restructuring and other charges$7.8M$4.5M$4.0M
Intangible assets impairment$0$0$1.1M
Total operating expenses$300.3M$183.7M$282.5M
Income (loss) from operations-$34.2M$12.2M-$33.3M
Other income, net$17.4M$12.7M$14.1M
Income (loss) before income taxes-$16.8M$24.9M-$19.1M
Provision for income taxes$1.1M$12.5M$85.6M
Net income (loss)-$17.9M$12.4M-$104.8M
Basic-$0.63$0.43-$3.57
Diluted-$0.63$0.42-$3.57
Basic28.6M shares28.9M shares29.4M shares
Diluted28.6M shares29.7M shares29.4M shares

Compare Netgear with another company

The story

Netgear was founded by Patrick Lo in 1996.

On January 31, 2024, NETGEAR announced Patrick Lo's retirement from CEO and the Board of Directors, and CJ Prober became CEO.

The company was listed on the NASDAQ stock exchange in 2003.

From Wikipedia’s article on Netgear, shared under CC BY-SA 4.0.7

Leadership

Who has led Netgear, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (40)

Products and brands

  • ethernet hub
  • gateway
  • network switch
  • network-attached storage
  • networking hardware
  • router
  • software
  • wireless access point

Listed on Wikidata.1

Product range

Consumer Products

Netgear creates products that deliver networking technology through a range of products that deliver streaming and storage solutions. These products include Home WiFi, Mobile Wifi, and Wired Networking.

Products targeted at Consumers includes the Orbi and Nighthawk product lines, which deliver products including Mesh WiFi systems, cable modems and routers, WiFi range extenders, gaming routers, mobile WiFi, Mobile Hotspots, and Switches and Powerlines.

Business products

Netgear provides networking, storage, and security solutions to small to mid-sized businesses. Products that serve businesses include wireless and wired networking, mobile Wi-Fi, routers, software, and applications.

Products offered include Ethernet switches, wireless access points, routers, insight remote management, and audio-visual solutions.

Read the full text

Netgear's focus is primarily on the networking market, with products for home and business use, as well as pro-gaming, including wired and wireless technology.

Netgear also has a wide range of Wi-Fi range extenders

ProSAFE switches

Netgear markets network products for the business sector, most notably the ProSAFE switch range. As of May 2007, Netgear provides limited lifetime warranties for ProSAFE products for as long as the original buyer owns the product. Currently focusing on multimedia segment and business product.

Network appliances

Netgear also markets network appliances for the business sector, including managed switches and wired and wireless VPN firewalls. In 2016, Netgear released its Orbi mesh Wi-Fi system, with models for business as well as household use. The system uses a tri-band architecture, similar to the traditional dual-band, but with a dedicated 5 GHz connection between the router and a provided satellite. The addition of a second 5 GHz channel allows the network to distribute its traffic, easing congestion caused by the increasing number of 5 GHz compatible wireless devices present in many household networks. In September 2017, Netgear exited the VPN firewall product category. At CES 2021, the company unveiled the world's first WiFi 6E router that takes advantage of the 6 GHz frequency band in addition to the 5 GHz and 2.4 GHz bands. The 6 GHz frequency increases network capacity where there is high utilization of the 5 GHz and 2.4 GHz bands.

Network-attached storage

Netgear sells NAS devices to small businesses and consumers under the product name ReadyNAS. With this storage hardware line, Netgear vies with competitors like Buffalo, Zyxel and HP. Netgear entered the storage market in May 2007 when it acquired Infrant (originator of the ReadyNAS line). In March 2009, Netgear began to offer an integrated online backup solution called the ReadyNAS Vault. In June 2022 all ReadyNAS product pages was removed and replaced with a link to warranty and support information. Netgear has not yet (August 2022) confirmed that it has withdrawn from the network-connected storage market and discontinued the ReadyNAS product line.

Network surveillance cameras

Netgear created home surveillance camera brand Arlo, which was spun out into a separate company in August 2018. Arlo is now publicly traded on the New York Stock Exchange.

Netgear chipsets

Netgear uses Realtek chipsets, which can run in monitor mode and perform wireless injection. For this function, a special driver is needed.

Manufacturing

NETGEAR’s primary manufacturers are Cloud Network Technology (more commonly known as Hon Hai Precision or Foxconn Corporation), Delta Electronics Incorporated, Senao Networks, Inc., and Pegatron Corporation, all of which are headquartered in Taiwan. They distribute their manufacturing among a limited number of key suppliers and seek to avoid excessive concentration with any one single supplier.

Manufacturing occurs primarily in Vietnam, Thailand, Indonesia, and Taiwan.

To maintain quality standards, Netgear has established its own product quality organization, based in Singapore and Taiwan, that is responsible for auditing and inspecting process and product quality on the premises of ODMs and JDMs (Joint Development Manufacturers).

Netgear was unaffected by US President Donald Trump's 25% tariffs on Chinese imports. Because all manufacturing is outsourced, the company was able to shift its production lines from China to Vietnam, Thailand and Indonesia.

Product security concerns

In 2014, various Netgear products that were manufactured by SerComm were found to contain a backdoor that allowed unauthorized remote access to the affected devices. Netgear, along with other companies with products manufactured by SerComm that were affected by the aforementioned backdoor, issued firmware updates for some affected products. However, it was shortly found that the updates merely hid the backdoor but did not remove it.

A backdoor also existed on the DG834 series. Any person who can access the router using a web browser, can enable "debug" mode using [IP_ADDR]/setup.cgi?todo=debug and then connect via Telnet directly to the router's embedded Linux system as 'root', which gives unfettered access to the router's operating system via its Busybox functionality.

In January 2017, various Netgear products were found to be vulnerable to an exploit that allows third-party access to the router and the internal network and to turn the router into a botnet.

This vulnerability occurs when an attacker can access the internal network or when remote management is enabled on the router. Remote management is turned off by default; users can turn on remote management through advanced settings. Firmware fixes are currently available for the affected devices.

In 2020, a vulnerability was discovered that affected many Netgear home WiFi routers. The problem was in a web server built into the router's firmware. When launching the administration interface, the owner had to enter their password, which was not protected by security. The exploit was posted on GitHub. Netgear issued a security advisory and firmware update to address the issue.

From Wikipedia’s article on Netgear, shared under CC BY-SA 4.0.7

Employees over time

Netgear employees by year1791 in 2011+158% since 2005
02004006008002005: 30730720052006: 3883882006+26%2007: 5185182007+34%2011: 7917912011+53%
  • 20117911
  • 20075181
  • 20063881
  • 20053071

Former names

  • NETGEAR, INCAug 7, 2006 to Sep 4, 20196
  • NETGEAR INCOct 3, 2000 to Aug 25, 20066

Timeline

  1. Feb 10, 2025New chief executive Charles J. Prober becomes CEO17
  2. Mar 2002New chief executive Patrick Lo becomes CEO1
  3. 1996Founded Founded in San Jose1

Filings

431 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 246 insider forms, 32 large holders, 93 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Aug 13, 2026SCHEDULE 13G/A EDGAR
  3. Aug 6, 20264 EDGAR
  4. Aug 6, 20263 EDGAR
  5. Aug 6, 202610-Q EDGAR
  6. Aug 6, 20268-K EDGAR
  7. Aug 4, 20264 EDGAR
  8. Aug 4, 20264 EDGAR
  9. Aug 4, 20264 EDGAR
  10. Aug 4, 20264 EDGAR
  11. Jul 31, 2026SCHEDULE 13G/A EDGAR
  12. Jul 31, 2026144 EDGAR
  13. Jul 2, 20264 EDGAR
  14. Jul 1, 2026144 EDGAR
  15. Jun 5, 20264 EDGAR
  16. Jun 5, 20264 EDGAR
  17. Jun 5, 20264 EDGAR
  18. Jun 5, 20264 EDGAR
  19. Jun 5, 20264 EDGAR
  20. Jun 3, 20264 EDGAR

The 431 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

74 open-market trades by officers, directors and large owners since October 2021: 0 buys and 74 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 31, 2026Badjate PramodPresident & GM, NFBSale3,000$23.88$71.6KForm 4
Jun 2, 2026Durr LauraDirectorSale1,000$26.76$26.8KForm 4
Jun 1, 2026Butterfass SarahDirectorSale2,704$26.90$72.7KForm 4
Jun 1, 2026Goli ShravanDirectorSale3,381$26.89$90.9KForm 4
Jun 1, 2026Durr LauraDirectorSale2,000$25.94$51.9KForm 4
May 1, 2026Badjate PramodPresident & GM, NFBSale3,000$25.47$76.4KForm 4
Feb 2, 2026Badjate PramodPresident & GM, NFBSale3,000$20.97$62.9KForm 4
Nov 19, 2025Badjate PramodPresident & GM, NFBSale4,000$24.60$98.4KForm 4
Nov 3, 2025McLindin GraemeVP, MobileSale1,205$34.26$41.3KForm 4
Oct 9, 2025Maiorino BradleyDirectorSale13,063$35.26$460.6KForm 4
Sep 29, 2025Goli ShravanDirectorSale2,047$29.95$61.3KForm 4
Aug 22, 2025Goli ShravanDirectorSale11,757$26.11$306.9KForm 4
Aug 1, 2025McLindin GraemeVP, MobileSale417$22.62$9.4KForm 4
Jun 13, 2025McLindin GraemeVP, MobileSale2,377$28.38$67.5KForm 4
Jun 13, 2025Durr LauraDirectorSale4,387$28.39$124.5KForm 4
Jun 12, 2025Durr LauraDirectorSale4,388$29.50$129.4KForm 4
May 29, 2025Butterfass SarahDirectorSale5,848$28.89$168.9KForm 4
May 2, 2025Bryan MurrayChief Financial OfficerSale2,671$28.09$75.0KForm 4
Mar 14, 2025Bryan MurrayChief Financial OfficerSale3,848$23.92$92.0KForm 4
Feb 20, 2025Prober Charles J.Chief Executive OfficerSale10,929$26.64$291.1KForm 4

All 74 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.3,546,016$82.8M0.0%+109,274
Brandes Investment Partners, LP1,765,836$41.2M0.3%−1,235,833
Windward Management LP1,368,956$32.0M23.2%−86,958
Vanguard Portfolio Management LLC1,314,601$30.7M0.0%+27,897
First Eagle Investment Management, LLC1,222,490$28.5M0.0%+933,545
Vanguard Capital Management LLC1,113,188$26.0M0.0%−99,655
State Street Corp1,087,480$25.4M0.0%+150,846
Dimensional Fund Advisors LP1,057,339$24.7M0.0%−55,521
Goldman Sachs Group Inc744,145$17.4M0.0%+25,194
Arrowstreet Capital, Limited Partnership728,862$17.0M0.0%+102,263
Geode Capital Management, LLC715,636$16.7M0.0%+16,148
Royce & Associates LP687,977$16.1M0.1%+312,362
Qube Research & Technologies Ltd629,424$14.7M0.0%+118,891
Jacobs Levy Equity Management, Inc580,204$13.5M0.0%−104,480
Garnet Equity Capital Holdings, Inc.516,701$12.1M5.4%−103,911
Charles Schwab Investment Management Inc471,632$11.0M0.0%−19,718
Wellington Management Group Llp428,011$10.0M0.0%+183,495
Tenzing Global Management, LLC300,000$7.0M5.9%+200,000
Jpmorgan Chase & Co275,179$6.3M0.0%−42,676
Northern Trust Corp267,585$6.2M0.0%+20,582
Bridgeway Capital Management, LLC258,642$6.0M0.1%−24,360
Morgan Stanley255,422$6.0M0.0%+55,262
Allianz Asset Management GmbH243,912$5.7M0.0%−25,040
Robeco Institutional Asset Management B.V.234,545$5.5M0.0%−184
Renaissance Technologies LLC226,540$5.3M0.0%−330,922

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69