earnings
confidence high
sentiment positive
materiality 0.75
NETGEAR Q2 revenue $168.6M, down 1.2% YoY; non-GAAP EPS $0.16 beats; Enterprise grows 7.7%
NETGEAR, INC.
- Q2 net revenue $168.6M (-1.2% YoY); GAAP EPS -$0.27, non-GAAP EPS $0.16 (vs $0.06 YoY).
- Enterprise segment revenue $89.0M (+7.7% YoY); non-GAAP gross margin 54.1% (all-time high, +740 bps).
- Consumer segment revenue $79.6M (-9.4% YoY); non-GAAP gross margin 27.3% (-210 bps).
- Q3 guidance: revenue $165M-$175M; non-GAAP operating margin -3% to 0%; memory cost headwind ~200 bps in H2.
- Douglas Murray (CEO of Auvik, former Juniper/Extreme) elected to Board effective Aug 3, 2026.