NETGEAR (NTGR) Financials

$26.56 -0.14 (-0.52%)

Closing price 06/20/2025 04:00 PM Eastern

Extended Trading

$26.56 0.00 (-0.02%)

As of 06/20/2025 05:00 PM Eastern

Annual Income Statements for NETGEAR

This table shows NETGEAR's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	8.79	49	76	19	-9.16	26	58	49	-69	-105	12
Consolidated Net Income / (Loss)	8.79	49	76	19	-18	26	58	49	-69	-105	12
Net Income / (Loss) Continuing Operations	8.79	49	70	-11	17	26	58	49	-69	-105	12
Total Pre-Tax Income	31	86	106	46	43	30	71	66	-82	-19	25
Total Operating Income	28	85	105	43	39	26	76	67	-83	-33	12
Total Gross Profit	398	368	374	308	342	294	372	366	251	249	196
Total Revenue	1,394	1,301	1,143	1,039	1,059	999	1,255	1,168	932	741	674
Operating Revenue	1,394	1,301	1,143	1,039	1,059	999	1,255	1,168	932	741	674
Total Cost of Revenue	996	933	770	731	717	705	883	802	682	492	478
Operating Cost of Revenue	996	933	770	731	717	705	883	802	682	492	478
Total Operating Expenses	370	282	268	265	303	268	297	299	333	283	184
Selling, General & Admin Expense	47	45	54	55	65	49	61	60	56	66	63
Marketing Expense	157	147	140	139	153	138	148	146	140	128	124
Research & Development Expense	91	86	71	72	82	78	89	93	88	83	81
Other Operating Expenses / (Income)	-	-	-	-	3.14	2.48	-1.18	0.65	0.00	0.00	0.00
Impairment Charge	74	-	-	-	-	-	0.00	0.00	44	1.07	0.00
Restructuring Charge	2.21	6.40	3.84	-	-	-	-	-	4.58	3.96	4.48
Other Special Charges / (Income)	-1.01	-2.68	0.07	-	-	-	-	-	0.02	0.18	-89
Total Other Income / (Expense), net	2.71	0.21	1.00	3.67	4.49	3.38	-4.74	-1.09	0.90	14	13
Other Income / (Expense), net	2.46	-0.09	-0.17	1.56	0.51	3.38	-4.74	-1.09	0.90	14	13
Income Tax Expense	22	37	36	57	26	3.78	13	16	-13	86	13
Basic Earnings per Share	$0.25	$1.47	$2.32	$0.61	($0.29)	$0.83	$1.95	$1.63	($2.38)	($3.57)	$0.43
Weighted Average Basic Shares Outstanding	35.77M	33.16M	32.76M	32.10M	31.63M	30.94M	29.90M	30.24M	29.01M	29.36M	28.91M
Diluted Earnings per Share	$0.24	$1.44	$2.25	$0.61	($0.28)	$0.81	$1.90	$1.59	($2.38)	($3.57)	$0.42
Weighted Average Diluted Shares Outstanding	36.45M	33.79M	33.73M	32.10M	33.14M	31.97M	30.64M	31.00M	29.01M	29.36M	29.68M
Weighted Average Basic & Diluted Shares Outstanding	35.20M	33.10M	32.70M	31.38M	31.60M	29.45M	30.60M	29.36M	28.91M	29.66M	28.87M

This table shows NETGEAR's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	10/2/2022	12/31/2022	4/2/2023	7/2/2023	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025
Net Income / (Loss) Attributable to Common Shareholders	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89	-6.03
Consolidated Net Income / (Loss)	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89	-6.03
Net Income / (Loss) Continuing Operations	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89	-6.03
Total Pre-Tax Income	-1.51	-10	-11	-9.78	1.63	-0.42	-19	-44	99	-11	-4.63
Total Operating Income	-2.15	-12	-12	-18	-0.65	-2.87	-22	-47	96	-15	-13
Total Gross Profit	69	62	60	54	69	66	48	32	56	59	56
Total Revenue	250	249	181	173	198	189	165	144	183	182	162
Operating Revenue	250	249	181	173	198	189	165	144	183	182	162
Total Cost of Revenue	181	187	121	119	129	123	116	112	126	123	106
Operating Cost of Revenue	181	187	121	119	129	123	116	112	126	123	106
Total Operating Expenses	71	74	72	72	70	69	70	79	-39	74	69
Selling, General & Admin Expense	14	15	16	17	16	17	18	19	8.36	18	18
Marketing Expense	34	35	34	32	31	31	31	30	31	32	28
Research & Development Expense	22	20	22	21	21	20	20	20	21	20	18
Restructuring Charge	-	-	-	2.23	0.37	-	1.03	1.69	1.07	-	4.74
Other Special Charges / (Income)	-	-	-	0.00	0.18	-	0.03	8.20	-101	-	-0.04
Total Other Income / (Expense), net	0.64	2.07	1.41	8.00	2.28	2.45	2.85	2.71	3.49	3.62	8.17
Other Income / (Expense), net	0.64	2.07	1.41	8.00	2.28	2.45	2.85	2.71	3.49	3.62	8.17
Income Tax Expense	-4.31	-4.07	-0.86	-1.19	86	1.25	-0.15	1.03	14	-2.58	1.41
Basic Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.96	($0.34)	($0.21)
Weighted Average Basic Shares Outstanding	28.89M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	28.71M	28.91M	28.72M
Diluted Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.90	($0.29)	($0.21)
Weighted Average Diluted Shares Outstanding	29.03M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	29.36M	29.68M	28.72M
Weighted Average Basic & Diluted Shares Outstanding	28.90M	28.91M	29.06M	29.40M	29.61M	29.66M	29.07M	28.68M	28.77M	28.87M	28.78M

This table details how cash moves in and out of NETGEAR's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-1.78	41	59	-38	-1.82	-11	156	-83	-117	30	110
Net Cash From Operating Activities	109	111	118	88	-103	14	181	-4.58	-14	57	165
Net Cash From Continuing Operating Activities	109	111	135	100	-15	14	181	-4.58	-14	57	165
Net Income / (Loss) Continuing Operations	8.79	49	70	-11	17	26	58	49	-69	-105	12
Consolidated Net Income / (Loss)	8.79	49	76	19	-18	26	58	49	-69	-105	12
Depreciation Expense	36	36	30	23	19	19	19	14	10	7.16	6.51
Non-Cash Adjustments To Reconcile Net Income	93	15	19	24	29	33	45	31	66	19	25
Changes in Operating Assets and Liabilities, net	-29	12	15	65	-81	-65	59	-99	-21	136	121
Net Cash From Investing Activities	-31	5.96	-49	-20	-43	49	-17	-9.99	-80	-27	-26
Net Cash From Continuing Investing Activities	-31	5.96	-39	-16	28	49	-17	-9.99	-80	-27	-26
Purchase of Property, Plant & Equipment	-19	-14	-10	-10	-12	-14	-10	-9.86	-5.76	-5.80	-8.99
Purchase of Investments	-145	-110	-144	-141	-83	-7.10	-6.83	-0.83	-154	-137	-137
Sale and/or Maturity of Investments	135	130	115	136	138	71	0.29	0.71	80	115	120
Net Cash From Financing Activities	-80	-76	-11	-105	145	-74	-8.06	-68	-24	0.80	-29
Net Cash From Continuing Financing Activities	-80	-76	-11	-105	-26	-74	-8.06	-68	-24	0.80	-29
Repurchase of Common Equity	-93	-118	-38	-113	-30	-76	-24	-75	-24	0.00	-33
Issuance of Common Equity	2.76	2.99	3.89	4.76	5.55	3.62	3.88	4.92	4.42	3.59	3.57
Other Financing Activities, net	10	38	23	3.09	-1.22	-1.49	12	1.96	-4.06	-2.79	0.61
Cash Income Taxes Paid	39	40	35	32	23	8.88	8.22	21	9.40	7.19	7.74

This table details how cash moves in and out of NETGEAR's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	10/2/2022	12/31/2022	4/2/2023	7/2/2023	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025
Net Change in Cash & Equivalents	-16	14	-3.31	-37	25	45	-4.06	4.45	97	13	-17
Net Cash From Operating Activities	-15	-4.93	9.12	-35	26	56	17	18	108	21	-8.75
Net Cash From Continuing Operating Activities	-15	-4.93	9.12	-35	26	56	17	18	108	21	-8.75
Net Income / (Loss) Continuing Operations	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89	-6.03
Consolidated Net Income / (Loss)	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89	-6.03
Depreciation Expense	2.45	2.23	2.01	1.86	1.63	1.67	1.49	1.56	1.71	1.75	1.68
Non-Cash Adjustments To Reconcile Net Income	3.63	4.69	5.18	4.24	5.69	3.84	4.88	6.61	7.02	6.77	6.46
Changes in Operating Assets and Liabilities, net	-24	-5.81	12	-32	104	52	29	55	14	22	-11
Net Cash From Investing Activities	-1.52	19	-15	-0.26	-1.61	-11	-11	-1.57	-11	-2.27	-1.26
Net Cash From Continuing Investing Activities	-1.52	19	-15	-0.26	-1.61	-11	-11	-1.57	-11	-2.27	-1.26
Purchase of Property, Plant & Equipment	-2.10	-1.62	-0.87	-0.73	-2.00	-2.20	-2.51	-2.31	-1.69	-2.49	-1.40
Purchase of Investments	-29	-9.79	-39	-30	-30	-39	-39	-29	-40	-30	-30
Sale and/or Maturity of Investments	30	30	25	30	30	30	30	30	30	30	30
Net Cash From Financing Activities	0.64	-0.08	2.17	-1.99	0.67	-0.05	-9.91	-12	-0.03	-6.54	-6.62
Net Cash From Continuing Financing Activities	0.64	-0.08	2.17	-1.99	0.67	-0.05	-9.91	-12	-0.03	-6.54	-6.62
Repurchase of Common Equity	-	-	0.00	-	-	-	-11	-10	-1.47	-10	-8.16
Issuance of Common Equity	1.66	-	2.29	-	1.30	-	1.99	-	1.58	-	2.09
Other Financing Activities, net	-1.02	-0.08	-0.12	-1.99	-0.64	-0.05	-0.45	-2.43	-0.14	3.63	-0.55

This table presents NETGEAR's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,049	1,051	1,184	1,209	1,043	956	1,106	1,079	1,020	847	850
Total Current Assets	823	821	963	1,016	858	744	893	883	834	748	758
Cash & Equivalents	141	182	240	203	201	190	346	264	147	177	286
Short-Term Investments	116	96	126	127	73	5.50	6.86	7.74	81	107	122
Accounts Receivable	276	291	314	413	304	277	337	261	277	185	156
Inventories, net	223	213	248	246	244	235	172	316	300	249	163
Prepaid Expenses	38	39	35	27	36	36	31	35	30	30	31
Plant, Property, & Equipment, net	30	22	19	21	20	18	16	13	9.23	8.27	11
Total Noncurrent Assets	196	207	202	172	165	194	197	182	176	91	81
Goodwill	82	82	85	85	81	81	81	81	36	36	36
Intangible Assets	66	49	38	25	17	10	3.90	1.86	1.33	0.00	0.00
Other Noncurrent Operating Assets	48	76	79	62	67	103	112	100	139	55	45
Total Liabilities & Shareholders' Equity	1,049	1,051	1,184	1,209	1,043	956	1,106	1,079	1,020	847	850
Total Liabilities	327	342	388	478	416	347	417	382	399	312	309
Total Current Liabilities	304	316	357	424	384	298	365	341	346	264	270
Accounts Payable	106	91	112	112	140	81	91	74	86	47	58
Accrued Expenses	144	166	171	222	199	190	218	225	213	168	148
Current Deferred Revenue	30	29	35	55	11	6.45	13	17	21	27	30
Current Deferred & Payable Income Tax Liabilities	2.41	1.95	5.15	7.02	2.02	1.84	7.32	1.53	1.69	1.04	9.97
Current Employee Benefit Liabilities	22	28	33	28	32	20	35	25	24	21	23
Total Noncurrent Liabilities	23	26	31	54	32	49	52	41	53	47	39
Noncurrent Deferred Revenue	15	14	15	32	20	15	19	19	15	13	7.58
Other Noncurrent Operating Liabilities	7.75	12	16	22	12	33	32	22	38	35	31
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	722	709	797	730	628	609	689	697	621	535	541
Total Preferred & Common Equity	722	709	797	730	628	609	689	697	621	535	541
Total Common Equity	722	709	797	730	628	609	689	697	621	535	541
Common Stock	454	513	566	603	794	831	883	923	946	968	998
Retained Earnings	267	196	229	128	-166	-223	-193	-227	-325	-432	-457
Accumulated Other Comprehensive Income / (Loss)	0.04	0.00	1.94	-0.85	-0.02	0.02	-0.04	0.15	-0.54	0.14	0.24

This table presents NETGEAR's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	7/3/2022	10/2/2022	4/2/2023	7/2/2023	10/1/2023	3/31/2024	6/30/2024	9/29/2024	3/30/2025
Total Assets	976	1,005	988	927	842	801	754	863	814
Total Current Assets	800	830	799	734	741	704	658	769	724
Cash & Equivalents	149	133	143	106	131	173	177	274	270
Short-Term Investments	101	100	96	96	97	117	117	122	122
Accounts Receivable	218	260	193	179	201	173	147	177	143
Inventories, net	301	298	337	324	281	211	189	162	158
Prepaid Expenses	31	39	30	27	31	30	27	34	31
Plant, Property, & Equipment, net	12	10	8.27	8.04	8.27	9.35	11	11	11
Total Noncurrent Assets	164	165	180	185	94	88	85	83	79
Goodwill	36	36	36	36	36	36	36	36	36
Intangible Assets	1.59	1.46	1.20	1.07	0.00	0.00	0.00	0.00	0.00
Other Noncurrent Operating Assets	127	127	143	147	57	52	49	46	43
Total Liabilities & Shareholders' Equity	976	1,005	988	927	842	801	754	863	814
Total Liabilities	359	382	370	314	310	290	295	312	280
Total Current Liabilities	305	330	318	264	260	244	253	271	242
Accounts Payable	70	87	80	36	47	38	40	52	55
Accrued Expenses	194	202	190	178	168	155	160	155	128
Current Deferred Revenue	18	19	22	23	25	28	29	30	30
Current Deferred & Payable Income Tax Liabilities	1.09	1.09	3.70	5.20	0.77	0.71	0.67	15	10
Current Employee Benefit Liabilities	22	20	22	22	19	22	24	20	19
Total Noncurrent Liabilities	54	52	52	49	50	46	42	41	38
Noncurrent Deferred Revenue	17	17	15	12	13	12	8.08	8.51	7.84
Other Noncurrent Operating Liabilities	3.20	3.58	37	37	37	34	34	32	30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	616	623	619	613	533	511	459	550	534
Total Preferred & Common Equity	616	623	619	613	533	511	459	550	534
Total Common Equity	616	623	619	613	533	511	459	550	534
Common Stock	936	942	953	958	963	974	980	988	1,010
Retained Earnings	-320	-319	-335	-345	-431	-463	-521	-437	-476
Accumulated Other Comprehensive Income / (Loss)	0.07	-0.12	0.05	0.11	0.01	0.02	-0.10	0.15	-0.08

This table displays calculated financial ratios and metrics derived from NETGEAR's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.74%	-6.66%	-12.09%	-9.12%	1.89%	-5.67%	25.68%	-6.94%	-20.17%	-20.55%	-9.05%
EBITDA Growth	-47.76%	83.12%	11.87%	-50.79%	-12.85%	-15.67%	83.22%	-11.51%	-190.61%	83.36%	362.23%
EBIT Growth	-67.05%	179.50%	23.53%	-58.12%	-11.08%	-24.61%	139.43%	-7.48%	-225.22%	76.67%	230.06%
NOPAT Growth	-85.49%	504.75%	43.71%	-114.71%	251.48%	47.12%	172.31%	-19.27%	-215.61%	59.87%	126.05%
Net Income Growth	-84.08%	452.84%	56.12%	-74.38%	-194.30%	240.71%	126.02%	-15.28%	-239.69%	-51.86%	111.80%
EPS Growth	-83.10%	500.00%	56.12%	-74.38%	-194.30%	389.29%	134.57%	-16.32%	-249.69%	-50.00%	111.76%
Operating Cash Flow Growth	25.39%	2.01%	6.33%	-25.94%	-217.92%	113.10%	1,239.37%	-102.53%	-199.89%	514.02%	189.87%
Free Cash Flow Firm Growth	174.70%	19.15%	-16.01%	-71.27%	216.73%	-158.64%	476.42%	-128.05%	32.92%	551.87%	6.13%
Invested Capital Growth	-11.64%	-7.32%	0.09%	-7.00%	-11.85%	16.93%	-18.63%	26.55%	-7.49%	-35.99%	-47.44%
Revenue Q/Q Growth	-0.25%	0.59%	-13.46%	-12.89%	32.49%	-3.48%	10.00%	-9.03%	-0.22%	-7.54%	-0.92%
EBITDA Q/Q Growth	-51.17%	168.85%	-6.12%	-44.14%	322.58%	-22.86%	52.53%	-31.04%	-17.30%	43.28%	-25.87%
EBIT Q/Q Growth	-69.37%	890.92%	-5.13%	-52.87%	1,487.48%	-33.29%	78.08%	-34.20%	-13.66%	33.62%	-30.73%
NOPAT Q/Q Growth	-86.54%	489.50%	-7.55%	-115.67%	-92.84%	-3.32%	111.28%	-38.48%	-18.64%	21.85%	-54.41%
Net Income Q/Q Growth	-85.49%	457.87%	0.40%	-73.55%	18.26%	1,684.21%	116.50%	-39.27%	-7.90%	4.01%	-36.86%
EPS Q/Q Growth	-85.37%	596.55%	0.40%	-73.55%	18.26%	268.18%	111.11%	-40.67%	-10.19%	4.03%	-33.33%
Operating Cash Flow Q/Q Growth	33.43%	-29.23%	-8.25%	1.42%	-272.17%	106.35%	-1.89%	-112.18%	-181.39%	1,406.67%	-17.43%
Free Cash Flow Firm Q/Q Growth	61.64%	-33.42%	-29.88%	-44.51%	-70.81%	-77.24%	-0.01%	-987.03%	51.14%	36.34%	-23.20%
Invested Capital Q/Q Growth	-13.01%	8.26%	15.14%	-0.75%	-12.72%	-8.05%	-1.00%	2.07%	-6.62%	-17.36%	-14.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.56%	28.27%	32.70%	29.61%	32.27%	29.46%	29.65%	31.32%	26.87%	33.64%	29.08%
EBITDA Margin	4.74%	9.31%	11.84%	6.41%	5.48%	4.90%	7.15%	6.80%	-7.72%	-1.62%	4.66%
Operating Margin	2.01%	6.56%	9.23%	4.09%	3.66%	2.62%	6.02%	5.70%	-8.89%	-4.49%	1.81%
EBIT Margin	2.19%	6.56%	9.21%	4.24%	3.70%	2.96%	5.64%	5.61%	-8.80%	-2.58%	3.69%
Profit (Net Income) Margin	0.63%	3.74%	6.63%	1.87%	-1.73%	2.58%	4.64%	4.23%	-7.40%	-14.14%	1.83%
Tax Burden Percent	28.57%	56.78%	71.22%	42.05%	-42.42%	87.22%	82.33%	75.40%	84.11%	547.49%	49.67%
Interest Burden Percent	100.83%	100.35%	101.11%	104.79%	110.15%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	71.43%	43.22%	33.98%	124.08%	59.90%	12.78%	17.67%	24.60%	0.00%	0.00%	50.33%
Return on Invested Capital (ROIC)	1.62%	10.83%	16.17%	-2.47%	4.12%	5.96%	16.61%	13.19%	-14.18%	-7.22%	3.16%
ROIC Less NNEP Spread (ROIC-NNEP)	1.31%	10.79%	14.25%	-11.00%	15.33%	4.71%	18.03%	13.45%	-9.79%	24.66%	1.34%
Return on Net Nonoperating Assets (RNNOA)	-0.44%	-4.04%	-6.10%	5.01%	-6.82%	-1.79%	-7.63%	-6.06%	3.71%	-10.90%	-0.86%
Return on Equity (ROE)	1.18%	6.79%	10.08%	2.55%	-2.70%	4.17%	8.98%	7.13%	-10.47%	-18.12%	2.30%
Cash Return on Invested Capital (CROIC)	13.98%	18.43%	16.08%	4.79%	16.72%	-9.65%	37.14%	-10.25%	-6.39%	36.66%	65.35%
Operating Return on Assets (OROA)	2.85%	8.12%	9.43%	3.69%	3.48%	2.96%	6.87%	6.00%	-7.82%	-2.05%	2.93%
Return on Assets (ROA)	0.82%	4.63%	6.79%	1.62%	-1.63%	2.58%	5.65%	4.52%	-6.58%	-11.22%	1.46%
Return on Common Equity (ROCE)	1.18%	6.79%	10.08%	2.55%	-2.70%	4.17%	8.98%	7.13%	-10.47%	-18.12%	2.30%
Return on Equity Simple (ROE_SIMPLE)	1.22%	6.86%	9.52%	2.66%	-2.92%	4.24%	8.46%	7.09%	-11.11%	-19.56%	2.28%
Net Operating Profit after Tax (NOPAT)	8.01	48	70	-10	16	23	62	50	-58	-23	6.07
NOPAT Margin	0.58%	3.73%	6.09%	-0.99%	1.47%	2.29%	4.96%	4.30%	-6.23%	-3.14%	0.90%
Net Nonoperating Expense Percent (NNEP)	0.31%	0.04%	1.92%	8.53%	-11.21%	1.26%	-1.42%	-0.26%	-4.39%	-31.88%	1.82%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-9.35%	-4.35%	1.12%
Cost of Revenue to Revenue	71.45%	71.73%	67.30%	70.39%	67.73%	70.54%	70.35%	68.68%	73.13%	66.36%	70.92%
SG&A Expenses to Revenue	3.34%	3.48%	4.72%	5.25%	6.13%	4.95%	4.87%	5.11%	6.04%	8.94%	9.42%
R&D to Revenue	6.52%	6.65%	6.20%	6.92%	7.78%	7.81%	7.07%	7.96%	9.48%	11.24%	12.03%
Operating Expenses to Revenue	26.54%	21.71%	23.47%	25.52%	28.62%	26.84%	23.63%	25.62%	35.76%	38.14%	27.27%
Earnings before Interest and Taxes (EBIT)	31	85	105	44	39	30	71	66	-82	-19	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	66	121	135	67	58	49	90	79	-72	-12	31
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.71	1.86	2.26	2.53	2.62	1.21	1.78	1.23	0.84	0.81	1.48
Price to Tangible Book Value (P/TBV)	2.15	2.28	2.67	2.98	3.10	1.43	2.03	1.39	0.90	0.86	1.59
Price to Revenue (P/Rev)	0.88	1.02	1.57	1.78	1.55	0.74	0.98	0.73	0.56	0.58	1.19
Price to Earnings (P/E)	140.03	27.18	23.70	95.13	0.00	28.65	21.11	17.31	0.00	0.00	64.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.71%	3.68%	4.22%	1.05%	0.00%	3.49%	4.74%	5.78%	0.00%	0.00%	1.54%
Enterprise Value to Invested Capital (EV/IC)	2.10	2.42	3.32	3.79	3.88	1.32	2.61	1.37	0.75	0.59	2.97
Enterprise Value to Revenue (EV/Rev)	0.70	0.80	1.25	1.46	1.29	0.54	0.70	0.50	0.32	0.20	0.58
Enterprise Value to EBITDA (EV/EBITDA)	14.73	8.61	10.57	22.80	23.57	11.09	9.77	7.35	0.00	0.00	12.52
Enterprise Value to EBIT (EV/EBIT)	31.91	12.22	13.59	34.44	34.90	18.37	12.39	8.91	0.00	0.00	15.80
Enterprise Value to NOPAT (EV/NOPAT)	121.47	21.51	20.56	0.00	88.18	23.78	14.10	11.62	0.00	0.00	64.78
Enterprise Value to Operating Cash Flow (EV/OCF)	8.93	9.38	12.12	17.36	0.00	40.16	4.84	0.00	0.00	2.60	2.39
Enterprise Value to Free Cash Flow (EV/FCFF)	14.07	12.64	20.67	76.34	21.72	0.00	6.30	0.00	0.00	1.25	3.13
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.34	-0.37	-0.43	-0.46	-0.44	-0.38	-0.42	-0.45	-0.38	-0.44	-0.64
Leverage Ratio	1.43	1.47	1.48	1.57	1.66	1.62	1.59	1.58	1.59	1.61	1.58
Compound Leverage Factor	1.44	1.47	1.50	1.64	1.83	1.62	1.59	1.58	1.59	1.61	1.58
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.63	4.66	4.93	4.04	3.83	2.66	3.45	2.94	1.56	1.60	2.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.71	2.60	2.70	2.39	2.23	2.49	2.45	2.59	2.41	2.83	2.81
Quick Ratio	1.75	1.80	1.91	1.75	1.51	1.58	1.89	1.56	1.46	1.77	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	69	82	69	20	63	-37	139	-39	-26	118	126
Operating Cash Flow to CapEx	563.47%	793.93%	1,155.13%	863.16%	-842.47%	95.05%	1,759.42%	-46.42%	-238.53%	980.39%	1,832.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.30	1.24	1.02	0.87	0.94	1.00	1.22	1.07	0.89	0.79	0.79
Accounts Receivable Turnover	5.14	4.59	3.78	2.86	2.96	3.44	4.09	3.91	3.46	3.20	3.95
Inventory Turnover	4.45	4.28	3.34	2.96	2.93	2.94	4.33	3.29	2.22	1.79	2.32
Fixed Asset Turnover	48.99	49.95	54.64	51.79	51.86	52.76	74.35	79.42	82.67	84.68	68.89
Accounts Payable Turnover	9.01	9.48	7.58	6.52	5.70	6.40	10.30	9.75	8.56	7.43	9.07
Days Sales Outstanding (DSO)	71.01	79.46	96.48	127.61	123.49	106.13	89.30	93.46	105.42	113.94	92.44
Days Inventory Outstanding (DIO)	82.00	85.28	109.32	123.19	124.64	124.17	84.24	110.96	164.66	203.62	157.12
Days Payable Outstanding (DPO)	40.49	38.51	48.14	55.98	64.05	57.06	35.43	37.45	42.63	49.15	40.23
Cash Conversion Cycle (CCC)	112.52	126.23	157.66	194.83	184.09	173.25	138.11	166.98	227.46	268.41	209.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	464	430	431	401	353	413	336	425	393	252	132
Invested Capital Turnover	2.82	2.91	2.66	2.50	2.81	2.61	3.35	3.07	2.28	2.30	3.51
Increase / (Decrease) in Invested Capital	-61	-34	0.39	-30	-48	60	-77	89	-32	-142	-119
Enterprise Value (EV)	973	1,042	1,432	1,519	1,369	543	877	583	296	148	393
Market Capitalization	1,231	1,321	1,798	1,849	1,643	739	1,230	855	523	432	802
Book Value per Share	$20.86	$22.49	$24.09	$23.21	$19.87	$20.19	$22.77	$23.81	$21.48	$18.09	$18.81
Tangible Book Value per Share	$16.58	$18.35	$20.36	$19.70	$16.77	$17.18	$19.97	$20.99	$20.18	$16.86	$17.55
Total Capital	722	709	797	730	628	609	689	697	621	535	541
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-257	-278	-366	-330	-274	-196	-353	-272	-227	-284	-409
Capital Expenditures (CapEx)	19	14	10	10	12	14	10	9.86	5.76	5.80	8.99
Debt-free, Cash-free Net Working Capital (DFCFNWC)	262	227	240	261	200	250	175	271	261	200	79
Debt-free Net Working Capital (DFNWC)	519	505	606	591	474	446	528	542	488	484	488
Net Working Capital (NWC)	519	505	606	591	474	446	528	542	488	484	488
Net Nonoperating Expense (NNE)	-0.77	-0.12	-6.20	-30	34	-2.95	3.90	0.82	11	81	-6.29
Net Nonoperating Obligations (NNO)	-257	-278	-366	-330	-274	-196	-353	-272	-227	-284	-409
Total Depreciation and Amortization (D&A)	36	36	30	23	19	19	19	14	10	7.16	6.51
Debt-free, Cash-free Net Working Capital to Revenue	18.78%	17.46%	21.00%	25.16%	18.85%	25.03%	13.93%	23.16%	27.98%	26.99%	11.76%
Debt-free Net Working Capital to Revenue	37.23%	38.85%	53.01%	56.89%	44.76%	44.63%	42.07%	46.41%	52.37%	65.28%	72.42%
Net Working Capital to Revenue	37.23%	38.85%	53.01%	56.89%	44.76%	44.63%	42.07%	46.41%	52.37%	65.28%	72.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.16	$0.92	$1.45	$0.38	($0.29)	$0.83	$1.95	$1.63	($2.38)	($3.57)	$0.43
Adjusted Weighted Average Basic Shares Outstanding	57.15M	52.98M	52.34M	51.28M	31.63M	30.94M	29.90M	30.24M	29.01M	29.36M	28.91M
Adjusted Diluted Earnings per Share	$0.15	$0.90	$1.41	$0.37	($0.28)	$0.81	$1.90	$1.59	($2.38)	($3.57)	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	58.23M	53.99M	53.89M	52.80M	33.14M	31.97M	30.64M	31.00M	29.01M	29.36M	29.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.29)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	55.47M	51.80M	52.62M	50.14M	31.51M	29.45M	30.60M	29.36M	28.91M	29.66M	28.87M
Normalized Net Operating Profit after Tax (NOPAT)	72	51	72	30	27	23	62	50	-24	-20	-51
Normalized NOPAT Margin	5.20%	3.89%	6.32%	2.87%	2.56%	2.29%	4.96%	4.30%	-2.54%	-2.65%	-7.51%
Pre Tax Income Margin	2.21%	6.58%	9.31%	4.45%	4.08%	2.96%	5.64%	5.61%	-8.80%	-2.58%	3.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	1,060.74%	242.26%	50.43%	582.22%	-163.68%	294.47%	40.83%	151.86%	-35.34%	0.00%	267.64%

This table displays calculated financial ratios and metrics derived from NETGEAR's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	10/2/2022	12/31/2022	4/2/2023	7/2/2023	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.98%	-0.83%	-14.08%	-22.31%	-20.73%	-24.26%	-9.02%	-17.02%	-7.58%	-3.32%	-1.53%
EBITDA Growth	-94.10%	-389.22%	84.91%	4.29%	248.72%	115.85%	-102.27%	-437.43%	3,001.20%	-876.64%	82.99%
EBIT Growth	-111.84%	-3,834.63%	82.25%	10.04%	207.87%	95.85%	-77.86%	-351.44%	5,984.13%	-2,628.81%	75.38%
NOPAT Growth	-115.55%	-1,531.02%	79.55%	-76.90%	2,336.18%	76.40%	-80.78%	-163.58%	143.80%	-424.88%	40.88%
Net Income Growth	-70.77%	-509.89%	83.02%	-0.62%	-3,127.45%	72.39%	-92.03%	-426.09%	200.32%	-432.41%	67.65%
EPS Growth	-67.74%	-2,200.00%	83.08%	3.33%	-2,970.00%	65.22%	-90.91%	-437.93%	201.05%	-262.50%	66.67%
Operating Cash Flow Growth	10.37%	-225.87%	604.95%	-771.39%	270.88%	1,240.71%	88.45%	153.32%	313.36%	-61.82%	-150.90%
Free Cash Flow Firm Growth	90.89%	126.34%	76.01%	-11.93%	2,542.17%	497.88%	1,080.98%	1,062.82%	54.58%	-21.97%	-50.33%
Invested Capital Growth	1.12%	-7.49%	1.64%	2.39%	-27.67%	-35.99%	-41.49%	-59.73%	-49.27%	-47.44%	-35.88%
Revenue Q/Q Growth	11.81%	-0.19%	-27.38%	-4.14%	14.09%	-4.64%	-12.77%	-12.57%	27.07%	-0.24%	-11.16%
EBITDA Q/Q Growth	111.28%	-944.43%	-8.51%	7.41%	141.10%	-61.62%	-1,484.80%	-146.02%	337.18%	-109.61%	69.67%
EBIT Q/Q Growth	86.08%	-568.34%	-4.52%	7.47%	116.69%	-125.74%	-4,375.71%	-134.84%	324.92%	-111.54%	59.62%
NOPAT Q/Q Growth	78.60%	-466.16%	1.67%	-48.46%	370.56%	-105.98%	-653.24%	-116.46%	350.26%	-112.86%	15.15%
Net Income Q/Q Growth	132.82%	-315.78%	-60.69%	11.58%	-887.53%	98.03%	-1,017.44%	-142.23%	288.32%	-110.45%	32.10%
EPS Q/Q Growth	133.33%	-330.00%	-43.48%	12.12%	-889.66%	97.21%	-687.50%	-147.62%	285.90%	-110.00%	27.59%
Operating Cash Flow Q/Q Growth	-395.90%	67.64%	284.92%	-479.19%	175.31%	116.01%	-69.45%	7.30%	483.79%	-80.05%	-140.73%
Free Cash Flow Firm Q/Q Growth	68.74%	479.48%	-162.12%	-51.86%	782.19%	-7.10%	1.92%	49.05%	9.52%	-53.10%	-35.12%
Invested Capital Q/Q Growth	5.24%	-6.62%	-3.58%	8.05%	-25.65%	-17.36%	-11.87%	-25.63%	-6.34%	-14.37%	7.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.46%	24.77%	33.38%	31.31%	34.84%	34.79%	29.31%	22.11%	30.89%	32.55%	34.76%
EBITDA Margin	0.37%	-3.17%	-4.73%	-4.57%	1.65%	0.66%	-10.52%	-29.59%	55.24%	-5.32%	-1.82%
Operating Margin	-0.86%	-4.89%	-6.62%	-10.25%	-0.33%	-1.52%	-13.15%	-32.56%	52.40%	-8.27%	-7.90%
EBIT Margin	-0.61%	-4.06%	-5.84%	-5.64%	0.82%	-0.22%	-11.42%	-30.68%	54.30%	-6.28%	-2.86%
Profit (Net Income) Margin	1.12%	-2.43%	-5.37%	-4.95%	-42.86%	-0.88%	-11.33%	-31.39%	46.53%	-4.87%	-3.72%
Tax Burden Percent	-185.13%	59.77%	91.89%	87.81%	-5,196.02%	397.38%	99.21%	102.33%	85.68%	77.53%	130.38%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	5,296.02%	0.00%	0.00%	0.00%	14.32%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.35%	-7.80%	-11.12%	-15.11%	37.56%	-2.45%	-22.19%	-55.11%	132.92%	-20.30%	-20.37%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.09%	-8.79%	-10.59%	-16.95%	92.71%	-2.58%	-20.87%	-50.13%	131.96%	-20.78%	-21.23%
Return on Net Nonoperating Assets (RNNOA)	1.15%	3.33%	4.24%	5.78%	-34.47%	1.14%	9.76%	23.25%	-76.00%	13.37%	13.84%
Return on Equity (ROE)	-0.20%	-4.47%	-6.88%	-9.33%	3.10%	-1.31%	-12.43%	-31.86%	56.92%	-6.93%	-6.54%
Cash Return on Invested Capital (CROIC)	-12.79%	-6.39%	-8.39%	-9.98%	23.90%	36.66%	42.36%	67.63%	71.17%	65.35%	51.12%
Operating Return on Assets (OROA)	-0.54%	-3.61%	-5.27%	-5.06%	0.72%	-0.18%	-9.25%	-25.37%	43.31%	-4.99%	-2.37%
Return on Assets (ROA)	1.00%	-2.16%	-4.84%	-4.44%	-37.17%	-0.70%	-9.18%	-25.97%	37.11%	-3.87%	-3.09%
Return on Common Equity (ROCE)	-0.20%	-4.47%	-6.88%	-9.33%	3.10%	-1.31%	-12.43%	-31.86%	56.92%	-6.93%	-6.54%
Return on Equity Simple (ROE_SIMPLE)	-10.26%	0.00%	-3.47%	-3.52%	-20.49%	0.00%	-22.24%	-32.72%	3.56%	0.00%	4.68%
Net Operating Profit after Tax (NOPAT)	-1.51	-8.52	-8.38	-12	34	-2.01	-15	-33	82	-11	-8.96
NOPAT Margin	-0.60%	-3.42%	-4.63%	-7.18%	17.02%	-1.07%	-9.21%	-22.79%	44.89%	-5.79%	-5.53%
Net Nonoperating Expense Percent (NNEP)	1.74%	0.99%	-0.53%	1.84%	-55.14%	0.13%	-1.32%	-4.98%	0.96%	0.48%	0.86%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.37%	-	-	-	-0.38%	-	-	-	-1.95%	-1.68%
Cost of Revenue to Revenue	72.54%	75.23%	66.62%	68.69%	65.16%	65.21%	70.69%	77.89%	69.11%	67.45%	65.24%
SG&A Expenses to Revenue	5.59%	5.87%	8.97%	9.54%	8.27%	9.07%	10.98%	13.33%	4.57%	9.79%	11.15%
R&D to Revenue	8.88%	8.13%	12.23%	12.01%	10.48%	10.38%	12.29%	13.80%	11.43%	11.02%	11.30%
Operating Expenses to Revenue	28.32%	29.66%	40.00%	41.56%	35.17%	36.31%	42.46%	54.68%	-21.51%	40.82%	42.65%
Earnings before Interest and Taxes (EBIT)	-1.51	-10	-11	-9.78	1.63	-0.42	-19	-44	99	-11	-4.63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.93	-7.89	-8.56	-7.92	3.26	1.25	-17	-43	101	-9.71	-2.94
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.92	0.84	0.87	0.67	0.69	0.81	0.91	0.97	1.03	1.48	1.34
Price to Tangible Book Value (P/TBV)	0.98	0.90	0.92	0.72	0.75	0.86	0.98	1.05	1.11	1.59	1.43
Price to Revenue (P/Rev)	0.62	0.56	0.59	0.48	0.46	0.58	0.64	0.64	0.84	1.19	1.06
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	29.09	64.86	28.57
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.44%	1.54%	3.50%
Enterprise Value to Invested Capital (EV/IC)	0.89	0.75	0.78	0.51	0.47	0.59	0.80	0.91	1.12	2.97	2.26
Enterprise Value to Revenue (EV/Rev)	0.40	0.32	0.33	0.24	0.18	0.20	0.25	0.22	0.26	0.58	0.48
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.10	12.52	7.03
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.84	15.80	8.24
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	13.06	64.78	23.88
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	2.60	2.73	1.28	0.87	2.39	2.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	1.64	1.25	1.39	0.77	1.06	3.13	3.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.37	-0.38	-0.40	-0.34	-0.37	-0.44	-0.47	-0.46	-0.58	-0.64	-0.65
Leverage Ratio	1.58	1.59	1.59	1.55	1.60	1.61	1.58	1.57	1.57	1.58	1.55
Compound Leverage Factor	1.58	1.59	1.59	1.55	1.60	1.61	1.58	1.57	1.57	1.58	1.55
Debt to Total Capital	4.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.18%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-0.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	3.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	4.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	1.98	1.80	1.86	1.76	1.64	1.67	1.67	1.31	2.25	2.24	2.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.51	2.41	2.52	2.77	2.85	2.83	2.88	2.60	2.84	2.81	2.99
Quick Ratio	1.49	1.46	1.36	1.45	1.65	1.77	1.89	1.74	2.11	2.09	2.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.15	23	-15	-22	150	140	142	212	232	109	71
Operating Cash Flow to CapEx	-727.34%	-303.76%	1,048.51%	-4,744.86%	1,301.20%	2,560.10%	684.86%	799.52%	6,390.50%	862.04%	-626.72%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.89	0.90	0.90	0.87	0.79	0.81	0.83	0.80	0.79	0.83
Accounts Receivable Turnover	3.55	3.46	4.38	4.29	3.48	3.20	3.97	4.26	3.60	3.95	4.26
Inventory Turnover	2.22	2.22	1.96	1.95	1.92	1.79	1.78	1.87	2.16	2.32	2.53
Fixed Asset Turnover	74.89	82.67	89.17	86.88	86.61	84.68	82.24	72.83	71.91	68.89	64.99
Accounts Payable Turnover	8.26	8.56	9.01	11.51	8.26	7.43	8.26	12.64	9.64	9.07	10.04
Days Sales Outstanding (DSO)	102.80	105.42	83.37	85.02	104.96	113.94	92.02	85.75	101.51	92.44	85.77
Days Inventory Outstanding (DIO)	164.06	164.66	186.34	187.65	190.07	203.62	205.36	195.05	169.15	157.12	144.20
Days Payable Outstanding (DPO)	44.21	42.63	40.50	31.72	44.17	49.15	44.22	28.88	37.88	40.23	36.36
Cash Conversion Cycle (CCC)	222.66	227.46	229.21	240.95	250.85	268.41	253.16	251.92	232.79	209.33	193.61
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	421	393	379	410	305	252	222	165	155	132	142
Invested Capital Turnover	2.23	2.28	2.40	2.11	2.21	2.30	2.41	2.42	2.96	3.51	3.69
Increase / (Decrease) in Invested Capital	4.65	-32	6.12	9.58	-117	-142	-157	-245	-150	-119	-80
Enterprise Value (EV)	374	296	296	209	142	148	178	150	174	393	322
Market Capitalization	576	523	535	411	370	432	467	445	570	802	714
Book Value per Share	$21.68	$21.48	$21.39	$21.09	$18.12	$18.09	$17.40	$15.80	$19.19	$18.81	$18.51
Tangible Book Value per Share	$20.37	$20.18	$20.10	$19.80	$16.89	$16.86	$16.16	$14.55	$17.92	$17.55	$17.25
Total Capital	655	621	619	613	533	535	511	459	550	541	534
Total Debt	32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-202	-227	-239	-203	-228	-284	-289	-294	-396	-409	-392
Capital Expenditures (CapEx)	2.10	1.62	0.87	0.73	2.00	2.20	2.51	2.31	1.69	2.49	1.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	266	261	242	266	253	200	170	110	102	79	90
Debt-free Net Working Capital (DFNWC)	500	488	482	469	481	484	459	405	498	488	482
Net Working Capital (NWC)	500	488	482	469	481	484	459	405	498	488	482
Net Nonoperating Expense (NNE)	-4.31	-2.48	1.33	-3.86	118	-0.34	3.50	12	-2.99	-1.67	-2.93
Net Nonoperating Obligations (NNO)	-202	-227	-239	-203	-228	-284	-289	-294	-396	-409	-392
Total Depreciation and Amortization (D&A)	2.45	2.23	2.01	1.86	1.63	1.67	1.49	1.56	1.71	1.75	1.68
Debt-free, Cash-free Net Working Capital to Revenue	28.51%	27.98%	26.86%	31.23%	31.53%	26.99%	23.45%	15.86%	15.04%	11.76%	13.39%
Debt-free Net Working Capital to Revenue	53.46%	52.37%	53.35%	55.01%	59.99%	65.28%	63.40%	58.21%	73.23%	72.42%	71.78%
Net Working Capital to Revenue	53.46%	52.37%	53.35%	55.01%	59.99%	65.28%	63.40%	58.21%	73.23%	72.42%	71.78%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.96	($0.34)	($0.21)
Adjusted Weighted Average Basic Shares Outstanding	28.89M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	28.71M	28.91M	28.72M
Adjusted Diluted Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.90	($0.29)	($0.21)
Adjusted Weighted Average Diluted Shares Outstanding	29.03M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	29.36M	29.68M	28.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.90M	28.91M	29.06M	29.40M	29.61M	29.66M	29.07M	28.68M	28.77M	28.87M	28.78M
Normalized Net Operating Profit after Tax (NOPAT)	-1.51	-8.52	-8.38	-11	0.68	-2.01	-15	-26	-3.41	-11	-5.67
Normalized NOPAT Margin	-0.60%	-3.42%	-4.63%	-6.28%	0.34%	-1.07%	-9.21%	-17.98%	-1.86%	-5.79%	-3.50%
Pre Tax Income Margin	-0.61%	-4.06%	-5.84%	-5.64%	0.82%	-0.22%	-11.42%	-30.68%	54.30%	-6.28%	-2.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-71.55%	-35.34%	-69.80%	0.00%	0.00%	0.00%	-10.06%	-14.27%	117.04%	267.64%	119.32%

Key Financial Trends

Here are key takeaways from NETGEAR’s recent quarterly results and historical trends:

Strong liquidity: $269.8 M in cash & equivalents and $122.1 M in short-term investments at Q1 2025.
Debt-free balance sheet: no long-term debt and net debt of –$391.9 M provides financial flexibility.
Healthy liquidity ratios: current ratio of 2.99 and quick ratio of 2.21 at Q1 2025.
Free cash flow to firm of $70.7 M in Q1 2025, showing continued cash generation despite losses.
Share count modestly reduced to 28.7 M shares in Q1 2025, supporting potential EPS recovery when profitable.
Net loss narrowed to $6.0 M in Q1 2025 (EPS –$0.21) but remains unprofitable.
Revenue down 1.5% year-over-year and 11.2% quarter-over-quarter in Q1 2025, continuing a multi-quarter decline.
Negative operating margin of –7.9% and EBIT margin of –2.9% in Q1 2025, reflecting persistent profitability headwinds.
Operating cash flow swung to –$8.7 M in Q1 2025 from +$21.5 M in Q4 2024, indicating volatility in core cash generation.
High cash conversion cycle of 193 days suggests inefficiencies in working capital management.

06/21/25 12:54 PMAI Generated. May Contain Errors.

Frequently Asked Questions About NETGEAR's Financials

When does NETGEAR's fiscal year end?

According to the most recent income statement we have on file, NETGEAR's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has NETGEAR's net income changed over the last 10 years?

NETGEAR's net income appears to be on a downward trend, with a most recent value of $12.36 million in 2024, rising from $8.79 million in 2014. The previous period was -$104.77 million in 2023. See NETGEAR's forecast for analyst expectations on what’s next for the company.

What is NETGEAR's operating income?

NETGEAR's total operating income in 2024 was $12.22 million, based on the following breakdown:

Total Gross Profit: $195.93 million
Total Operating Expenses: $183.71 million

How has NETGEAR's revenue changed over the last 10 years?

Over the last 10 years, NETGEAR's total revenue changed from $1.39 billion in 2014 to $673.76 million in 2024, a change of -51.7%.

How much debt does NETGEAR have?

NETGEAR's total liabilities were at $309.16 million at the end of 2024, a 0.8% decrease from 2023, and a 5.5% decrease since 2014.

How much cash does NETGEAR have?

In the past 10 years, NETGEAR's cash and equivalents has ranged from $141.23 million in 2014 to $346.46 million in 2020, and is currently $286.44 million as of their latest financial filing in 2024.

How has NETGEAR's book value per share changed over the last 10 years?

Over the last 10 years, NETGEAR's book value per share changed from 20.86 in 2014 to 18.81 in 2024, a change of -9.9%.

Related Companies

This page (NASDAQ:NTGR) was last updated on 6/21/2025 by MarketBeat.com Staff

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NETGEAR (NTGR) Financials

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NETGEAR (NTGR) Financials

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Key Financial Trends

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