AI brief of an SEC Form 8-K · NETGEAR, INC. (NTGR)

NETGEAR Q1 revenue falls 2% to $158.8 million; GAAP loss widens to $0.47 a share

Mixed Impact 3 of 5 earnings Written later

NETGEAR reported first-quarter 2026 results for the period ended March 29, 2026, with net revenue down 2.0% year over year to $158.8 million and a GAAP net loss of $13.0 million, or $0.47 per share, versus $0.21 a year earlier. Non-GAAP EPS rose to $0.06 from $0.02, and the company guided second-quarter net revenue to $150 million to $165 million.

Key points

  • Net revenue was $158.8 million, down from $162.1 million in the prior-year quarter; GAAP gross margin rose to 40.5% from 34.8%.
  • GAAP operating loss was $13.6 million versus $12.8 million a year earlier; non-GAAP operating income was $1.7 million versus a $2.6 million loss.
  • Second-quarter guidance calls for net revenue of $150 million to $165 million and a non-GAAP operating margin of (1.0)% to 2.0%.
  • The company repurchased $20 million of shares at an average of $21.53, and the board approved an additional $75 million, bringing the total authorization to about $89 million.

The filing

CompanyNETGEAR, INC. (NTGR)
Form8-K, current report
Filed with the SECApr 29, 2026, 4:14 PM ET
Accession number0001193125-26-191607

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.