earnings
confidence high
sentiment positive
materiality 0.70
NETGEAR Q4 revenue flat at $182.5M; non-GAAP EPS $0.26 vs -$0.06 YoY; Enterprise up 10.6%
NETGEAR, INC.
2025-FY EPS reported
-$0.63
revenue$699,621,000
- Q4 net revenue $182.5M flat YoY; GAAP gross margin 40.4% (up 780bps); record quarterly non-GAAP gross margin 41.2%.
- Non-GAAP EPS $0.26 vs ($0.06) YoY; Enterprise segment revenue $89.4M (+10.6% YoY) with 51.4% non-GAAP gross margin.
- FY2025 revenue $699.6M (+3.8% YoY); non-GAAP gross margin 38.5% vs 29.3% prior year; non-GAAP EPS $0.44 vs ($0.91).
- Q1 2026 guidance: net revenue $145-160M; non-GAAP operating margin (6.0%) to (3.0%); GAAP op margin (16.3%)-(13.3%).
- Repurchased $50M shares in 2025; ended Q4 with $323M cash and short-term investments.