---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-052319"
form_type: "8-K"
ticker: "NTGR"
cik: "0001122904"
company_name: "NETGEAR, INC."
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:17:45.729773+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NETGEAR Q3 revenue $290.2M (-23.3% YoY); guides Q4 $250-265M with margin contraction

## Summary
- Q3 net revenue $290.2M, down 23.3% YoY; GAAP EPS $0.31, non-GAAP EPS $0.50.
- SMB revenue grew 33% YoY but supply constrained; consumer WiFi market growth below expectations.
- Board authorized incremental repurchase of up to 3.0M shares (~10% of outstanding); Q3 bought 953K shares for $32.5M.
- Q4 guidance: revenue $250M-$265M; GAAP op margin (0.5%)-0.5%, non-GAAP 2.0%-3.0% due to logistics and freight cost headwinds.
- Paid subscriptions reached 552,000; management confident in 1M subscriber milestone in three years.

## SEC filing metadata
- accession: 0001564590-21-052319
- form_type: 8-K
- ticker: NTGR
- cik: 0001122904
- company_name: NETGEAR, INC.
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122904/000156459021052319/0001564590-21-052319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122904/000156459021052319/ntgr-8k_20211024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-052319
- JSON: https://secwatch.observer/filing/0001564590-21-052319.json
- Plain text: https://secwatch.observer/filing/0001564590-21-052319.txt

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