---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001602"
form_type: "8-K"
ticker: "NTGR"
cik: "0001122904"
company_name: "NETGEAR, INC."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:25:38.959587+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Netgear Q4 revenue down 0.8% YoY, operating loss widens; SMB segment grows 29.9%

## Summary
- Q4 net revenue $249.1M, down 0.8% YoY; full year $932.5M, down 20.2%.
- GAAP net loss per diluted share $0.21; non-GAAP net loss per diluted share $0.03.
- SMB business record quarterly revenue >$100M, up 29.9% YoY; full year up 18.8%.
- Paid subscribers 747,000, up 27.9% YoY; target 875,000 by end of 2023.
- Q1 2023 guidance: revenue $185M-$200M; non-GAAP operating margin (2.0)% to (1.0)%.

## SEC filing metadata
- accession: 0000950170-23-001602
- form_type: 8-K
- ticker: NTGR
- cik: 0001122904
- company_name: NETGEAR, INC.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122904/000095017023001602/0000950170-23-001602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122904/000095017023001602/ntgr-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001602
- JSON: https://secwatch.observer/filing/0000950170-23-001602.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001602.txt

## Key facts
- Earnings Releases
  NETGEAR, INC. reported fourth quarter ended December 31, 2022 results: revenue $249.1 million, net income GAAP net loss per diluted share of $0.21.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $249.1 million
  - Net income: GAAP net loss per diluted share of $0.21
  - Result: reported results
  source text: products to consumers and businesses, today reported financial results for the fourth quarter and full year ended December 31, 2022. • Fourth quarter 2022 net revenue of $249.1 million, a decrease of 0.8% from the comparable prior year quarter. • Fourth quarter 2022 GAAP operating loss of $12.2 million, or (4.9)% of net revenue, as compared to operating income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122904/000095017023001602/0000950170-23-001602-index.htm
- Earnings Releases
  NETGEAR, INC. reported full year ended December 31, 2022 results: revenue $932.5 million, net income GAAP net loss per diluted share of $2.38.
  - Period: full year ended December 31, 2022
  - Revenue: $932.5 million
  - Net income: GAAP net loss per diluted share of $2.38
  - Result: reported results
  source text: non-GAAP net loss per diluted share of $0.03, as compared to non-GAAP net income per diluted share of $0.27 in the comparable prior year quarter. • Fiscal 2022 net revenue of $932.5 million, a decrease of 20.2% from the prior year. • Fiscal 2022 GAAP operating loss of $82.9 million, or (8.9)% of net revenue, as compared to operating income of $66.6 million, or 5.7%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122904/000095017023001602/0000950170-23-001602-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.