NETGEAR — Third Quarter 2026 Earnings Summary

Netgear reported third-quarter 2026 net revenue of $167.3 million, a 9.3% decrease from the prior year, driven by supply constraints and strategic optimization of its Consumer segment. The company's Enterprise business generated $90.7 million in revenue with a non-GAAP gross margin of 53.2%, while the Consumer segment saw revenue decline 18.2% to $76.6 million. Non-GAAP operating income for the quarter was $3.3 million, resulting in a non-GAAP earnings per share of $0.13. Looking ahead to the fourth quarter, Netgear forecasts net revenue between $160 million and $175 million as it continues to address manufacturing challenges and rising component costs.