Netgear Posts Lower Q3 2026 Revenue While Margins Improve
The networking hardware maker reported net revenue of $167.3 million for the quarter ended September 27, 2026, down 9.3% from a year earlier, with gross margins rising.
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AfroEuropa desk
Netgear, Inc. (NASDAQ: NTGR) reported financial results for its third quarter, which ended September 27, 2026, showing a decline in revenue alongside improved gross margins.
The company posted net revenue of $167.3 million, a drop of 9.3% compared with the same quarter a year earlier. Despite the lower top line, gross margins widened. GAAP gross margin reached 40.1%, an increase of 100 basis points year over year, while non-GAAP gross margin rose to 41.3%, up 170 basis points.
On the bottom line, Netgear recorded a GAAP operating loss of $13.7 million, wider than the $7.1 million loss reported in the prior-year quarter. On a non-GAAP basis, operating income was $3.3 million, down slightly from $3.8 million a year earlier.
GAAP earnings per share came in at a loss of $0.45, compared with a loss of $0.17 in the year-ago period. Non-GAAP EPS was $0.13, up from $0.12. The company said accompanying schedules reconcile its GAAP and non-GAAP figures.
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