secwatch.observer — SEC 8-K summary
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Issuer:     NETGEAR, INC. (NTGR)
CIK:        0001122904
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001193125-26-191607
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETGEAR Q1 beats operating margin guidance; record gross margins
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- Net revenue $158.8M, down 2% YoY; GAAP gross margin 40.5% (up 570 bps), non-GAAP 41.7% (up 670 bps).
- GAAP operating income $(13.6)M; non-GAAP operating income $1.7M, above guidance high end.
- GAAP EPS $(0.47); non-GAAP EPS $0.06, up from $0.02 YoY.
- Enterprise revenue $83.8M (+5.8% YoY); Consumer $75.0M (-9.5% YoY). Subscription ARR ~$40M.
- Q2 net revenue guidance $150-165M; non-GAAP operating margin (1.0)% to 2.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122904/000119312526191607/0001193125-26-191607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122904/000119312526191607/ntgr-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-191607

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer