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Netgear (NTGR) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Netgear (NTGR) reported revenue of $167M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -0.7% from the quarter before. Operating margin was -8.2%, net loss $12.3M (7.3% of revenue).

Revenue$167M
Year over year-9%
Quarter over quarter-0.7%
Operating margin-8.2%
Net earnings−$12.3M

Netgear, Q3 2026: revenue $167M (-9% year over year), operating margin -8.2%, net loss $12.3M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$167M-0.7%-9%
Operating profit−$13.7M——
Net earnings−$12.3M——
Operating cash flow−$3.8M——

What changed

Revenue was $167.3M in Q3 2026, down 9% year over year and down 1% from the previous quarter. Enterprise was the largest line at 54% of revenue. Consumer lost $17.1M year over year (down 18%), 99% of the total change.

Gross margin was 40.1%, up 0.9 points from Q3 2025. Operating costs exceeded revenue by $13.7M, an operating margin of -8.2%. Operating expenses grew 2% against a revenue fall of 9%. The fastest-growing cost line was Other operating costs (+245%). The quarter ended with a net loss of $12.3M, wider than the previous quarter's $7.3M loss.

Operating cash flow was −$3.8M. Non-cash charges added back $4.0M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items used $5.3M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$5.2M.

Questions

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

Netgear (NTGR) reported revenue of $167M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -0.7% from the quarter before.

Was Netgear profitable in the third quarter 2026?

Operating loss was $13.7M (-8.2% of revenue) and net loss $12.3M.

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Source: Netgear 10-Q on SEC EDGAR.