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Netgear (NTGR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Netgear (NTGR) reported revenue of $169M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +6% from the quarter before. Operating margin was -5.0%, net loss $7.3M (4.3% of revenue).

Revenue$169M
Year over year-1%
Quarter over quarter+6%
Operating margin-5.0%
Net earnings−$7.3M

Netgear, Q2 2026: revenue $169M (-1% year over year), operating margin -5.0%, net loss $7.3M, operating cash flow −$10.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$169M+6%-1%
Operating profit−$8.4M——
Net earnings−$7.3M——
Operating cash flow−$10.2M-718%—

What changed

Revenue was $168.6M in Q2 2026, down 1% year over year and up 6% from the previous quarter. Enterprise was the largest line at 53% of revenue. Consumer lost $8.3M year over year (down 9%), 421% of the total change.

Gross margin was 40.2%, up 2.7 points from Q2 2025. Operating costs exceeded revenue by $8.4M, an operating margin of -5.0%. Operating expenses grew 4% against a revenue fall of 1%. The quarter ended with a net loss of $7.3M, narrower than the previous quarter's $13.0M loss. Non-operating items added $1.7M, -25% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$10.2M. Non-cash charges added back $3.6M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items used $16.5M. Capital expenditures of $1.5M exceeded it, leaving free cash flow of −$11.6M.

Questions

What was Netgear's revenue in the second quarter 2026?

Netgear (NTGR) reported revenue of $169M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +6% from the quarter before.

Was Netgear profitable in the second quarter 2026?

Operating loss was $8.4M (-5.0% of revenue) and net loss $7.3M.

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Source: Netgear 10-Q on SEC EDGAR.