---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034722"
form_type: "8-K"
ticker: "NTGR"
cik: "0001122904"
company_name: "NETGEAR, INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:13:19.571772+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NETGEAR Q2 revenue $173.4M, down 22.3% YoY; guides Q3 rev $175-190M

## Summary
- Q2 revenue $173.4M, above high end of guidance, but down 22.3% from prior-year quarter.
- GAAP operating loss $17.8M (10.3% of revenue); non-GAAP operating loss $10.7M (6.2% of revenue).
- GAAP net loss $0.29/diluted share; non-GAAP net loss $0.16/diluted share.
- Paid subscribers 804,000, up 22.9% YoY; on track for 875,000 by year end.
- Q3 guidance: revenue $175-190M; GAAP op margin -7% to -4%; non-GAAP -4% to -1%.

## SEC filing metadata
- accession: 0000950170-23-034722
- form_type: 8-K
- ticker: NTGR
- cik: 0001122904
- company_name: NETGEAR, INC.
- filed_at: 2023-07-26T23:59:59+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/1122904/000095017023034722/0000950170-23-034722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122904/000095017023034722/ntgr-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034722
- JSON: https://secwatch.observer/filing/0000950170-23-034722.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034722.txt

## Key facts
- Earnings Releases
  NETGEAR, INC. reported second quarter ended July 2, 2023 results: revenue $173.4 million, EPS $0.29.
  - Period: second quarter ended July 2, 2023
  - Revenue: $173.4 million
  - EPS: $0.29
  - Result: reported results
  source text: X-99.1 Exhibit 99.1 NEWS RELEASE NETGEAR ® REPORTS SECOND QUARTER 2023 RESULTS Q2 net revenue of $173.4 million, above the high end of guidance Q2 GAAP gross margin of 31.3%; non-GAAP gross margin of 31.6% 804,000 paid subscribers for 22.9% growth year over year SAN JOSE, California – July 26, 2023 - NETGEAR, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1122904/000095017023034722/0000950170-23-034722-index.htm

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