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Recent Updates — NTGR

August 6, 2026View Source ↗

NETGEAR reported second fiscal quarter 2026 results ending June 28, 2026, with net revenue of $168.6 million, a 1.2% decline year-over-year but above the high end of guidance. GAAP operating loss narrowed to $(8.4) million from $(9.5) million in the prior year period, while non-GAAP operating income improved to $4.0 million from a $(1.2) million loss. The Enterprise segment grew 7.7% to $89.0 million with an all-time high non-GAAP gross margin of 54.1%, whereas Consumer revenue fell 9.4% to $79.6 million. Management provided Q3 guidance projecting net revenue between $165 million and $175 million, with GAAP operating margins expected between (12.0)% and (9.0)%. Additionally, the Board elected Douglas Murray as a director effective August 3, 2026. NETGEAR operates in the technology industry, designing intelligent networking solutions for businesses, homes, and service providers.