Earnings ·
NETGEAR reports Q3 net revenue of $167.3M and non-GAAP EPS of $0.13
NTGRNetgear, Inc.
NETGEAR reported third-quarter 2026 financial results with net revenue of $167.3 million, a 9.3% decline from the prior year period. GAAP operating loss widened to $(13.7) million compared to $(7.1) million in Q3 2025, while non-GAAP operating income was $3.3 million and non-GAAP EPS reached $0.13. Enterprise revenue accounted for over 54% of total sales at $90.7 million, driven by strong demand for ProAV managed switches despite supply constraints from manufacturing partner issues. The company repurchased approximately $15 million in shares during the quarter. For Q4 2026, NETGEAR forecasts net revenue between $160 million and $175 million and non-GAAP operating margins of 0% to 3%. NETGEAR is a global leader in intelligent networking solutions for businesses, homes, and service providers.