---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-016069"
form_type: "8-K"
ticker: "NTGR"
cik: "0001122904"
company_name: "NETGEAR, INC."
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T03:56:33.550545+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NETGEAR Q1 revenue drops 33.8% to $210.6M, GAAP EPS -$1.95, non-GAAP -$0.28

## Summary
- Revenue $210.6M, down 33.8% YoY; GAAP operating loss $58.5M including $44.4M impairment.
- Non-GAAP operating loss $9.3M; GAAP net loss per diluted share $1.95; non-GAAP loss $0.28.
- Paid subscribers reached 627k, up 30.4% YoY; targeting 750k for full year.
- Q2 revenue guidance $205M-$220M; GAAP operating margin (6.5%)-(5.5%); non-GAAP (4.0%)-(3.0%).
- Repurchased ~354k shares for $9.4M in Q1; CEO cites China lockdowns and U.S. WiFi market contraction.

## SEC filing metadata
- accession: 0001564590-22-016069
- form_type: 8-K
- ticker: NTGR
- cik: 0001122904
- company_name: NETGEAR, INC.
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122904/000156459022016069/0001564590-22-016069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122904/000156459022016069/ntgr-8k_20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-016069
- JSON: https://secwatch.observer/filing/0001564590-22-016069.json
- Plain text: https://secwatch.observer/filing/0001564590-22-016069.txt

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