NETGEAR (NTGR) Financials

$22.49 -0.11 (-0.49%)

Closing price 04:00 PM Eastern

Extended Trading

$22.50 +0.02 (+0.07%)

As of 04:12 PM Eastern

Annual Income Statements for NETGEAR

This table shows NETGEAR's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-69	-105	12
Consolidated Net Income / (Loss)	-69	-105	12
Net Income / (Loss) Continuing Operations	-69	-105	12
Total Pre-Tax Income	-82	-19	25
Total Operating Income	-83	-33	12
Total Gross Profit	251	249	196
Total Revenue	932	741	674
Operating Revenue	932	741	674
Total Cost of Revenue	682	492	478
Operating Cost of Revenue	682	492	478
Total Operating Expenses	333	283	184
Selling, General & Admin Expense	56	66	63
Marketing Expense	140	128	124
Research & Development Expense	88	83	81
Other Operating Expenses / (Income)	0.00	0.00	0.00
Impairment Charge	44	1.07	0.00
Restructuring Charge	4.58	3.96	4.48
Other Special Charges / (Income)	0.02	0.18	-89
Total Other Income / (Expense), net	0.90	14	13
Other Income / (Expense), net	0.90	14	13
Income Tax Expense	-13	86	13
Basic Earnings per Share	($2.38)	($3.57)	$0.43
Weighted Average Basic Shares Outstanding	29.01M	29.36M	28.91M
Diluted Earnings per Share	($2.38)	($3.57)	$0.42
Weighted Average Diluted Shares Outstanding	29.01M	29.36M	29.68M
Weighted Average Basic & Diluted Shares Outstanding	28.91M	29.66M	28.87M

This table shows NETGEAR's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89
Consolidated Net Income / (Loss)	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89
Net Income / (Loss) Continuing Operations	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89
Total Pre-Tax Income	-1.51	-10	-11	-9.78	1.63	-0.42	-19	-44	99	-11
Total Operating Income	-2.15	-12	-12	-18	-0.65	-2.87	-22	-47	96	-15
Total Gross Profit	69	62	60	54	69	66	48	32	56	59
Total Revenue	250	249	181	173	198	189	165	144	183	182
Operating Revenue	250	249	181	173	198	189	165	144	183	182
Total Cost of Revenue	181	187	121	119	129	123	116	112	126	123
Operating Cost of Revenue	181	187	121	119	129	123	116	112	126	123
Total Operating Expenses	71	74	72	72	70	69	70	79	-39	74
Selling, General & Admin Expense	14	15	16	17	16	17	18	19	8.36	18
Marketing Expense	34	35	34	32	31	31	31	30	31	32
Research & Development Expense	22	20	22	21	21	20	20	20	21	20
Total Other Income / (Expense), net	0.64	2.07	1.41	8.00	2.28	2.45	2.85	2.71	3.49	3.62
Other Income / (Expense), net	0.64	2.07	1.41	8.00	2.28	2.45	2.85	2.71	3.49	3.62
Income Tax Expense	-4.31	-4.07	-0.86	-1.19	86	1.25	-0.15	1.03	14	-2.58
Basic Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.96	($0.34)
Weighted Average Basic Shares Outstanding	28.89M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	28.71M	28.91M
Diluted Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.90	($0.29)
Weighted Average Diluted Shares Outstanding	29.03M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	29.36M	29.68M
Weighted Average Basic & Diluted Shares Outstanding	28.90M	28.91M	29.06M	29.40M	29.61M	29.66M	29.07M	28.68M	28.77M	28.87M

This table details how cash moves in and out of NETGEAR's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-117	30	110
Net Cash From Operating Activities	-14	57	165
Net Cash From Continuing Operating Activities	-14	57	165
Net Income / (Loss) Continuing Operations	-69	-105	12
Consolidated Net Income / (Loss)	-69	-105	12
Depreciation Expense	10	7.16	6.51
Non-Cash Adjustments To Reconcile Net Income	66	19	25
Changes in Operating Assets and Liabilities, net	-21	136	121
Net Cash From Investing Activities	-80	-27	-26
Net Cash From Continuing Investing Activities	-80	-27	-26
Purchase of Property, Plant & Equipment	-5.76	-5.80	-8.99
Purchase of Investments	-154	-137	-137
Sale and/or Maturity of Investments	80	115	120
Net Cash From Financing Activities	-24	0.80	-29
Net Cash From Continuing Financing Activities	-24	0.80	-29
Repurchase of Common Equity	-24	0.00	-33
Issuance of Common Equity	4.42	3.59	3.57
Other Financing Activities, net	-4.06	-2.79	0.61
Cash Income Taxes Paid	9.40	7.19	7.74

This table details how cash moves in and out of NETGEAR's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-16	14	-3.31	-37	25	45	-4.06	4.45	97	13
Net Cash From Operating Activities	-15	-4.93	9.12	-35	26	56	17	18	108	21
Net Cash From Continuing Operating Activities	-15	-4.93	9.12	-35	26	56	17	18	108	21
Net Income / (Loss) Continuing Operations	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89
Consolidated Net Income / (Loss)	2.80	-6.04	-9.71	-8.59	-85	-1.67	-19	-45	85	-8.89
Depreciation Expense	2.45	2.23	2.01	1.86	1.63	1.67	1.49	1.56	1.71	1.75
Non-Cash Adjustments To Reconcile Net Income	3.63	4.69	5.18	4.24	5.69	3.84	4.79	6.61	7.02	6.77
Changes in Operating Assets and Liabilities, net	-24	-5.81	12	-32	104	52	30	55	14	22
Net Cash From Investing Activities	-1.52	19	-15	-0.26	-1.61	-11	-11	-1.57	-11	-2.27
Net Cash From Continuing Investing Activities	-1.52	19	-15	-0.26	-1.61	-11	-11	-1.57	-11	-2.27
Purchase of Property, Plant & Equipment	-2.10	-1.62	-0.87	-0.73	-2.00	-2.20	-2.51	-2.31	-1.69	-2.49
Purchase of Investments	-29	-9.79	-39	-30	-30	-39	-39	-29	-40	-30
Sale and/or Maturity of Investments	30	30	25	30	30	30	30	30	30	30
Net Cash From Financing Activities	0.64	-0.08	2.17	-1.99	0.67	-0.05	-9.91	-12	-0.03	-6.54
Net Cash From Continuing Financing Activities	0.64	-0.08	2.17	-1.99	0.67	-0.05	-9.91	-12	-0.03	-6.54
Repurchase of Common Equity	-	-	0.00	-	-	-	-11	-10	-1.47	-10
Other Financing Activities, net	-1.02	-0.08	-0.12	-1.99	-0.64	-0.05	-0.45	-2.43	-0.14	3.63

This table presents NETGEAR's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	1,020	847	850
Total Current Assets	834	748	758
Cash & Equivalents	147	177	286
Short-Term Investments	81	107	122
Accounts Receivable	277	185	156
Inventories, net	300	249	163
Prepaid Expenses	30	30	31
Plant, Property, & Equipment, net	9.23	8.27	11
Total Noncurrent Assets	176	91	81
Goodwill	36	36	36
Intangible Assets	1.33	0.00	0.00
Other Noncurrent Operating Assets	139	55	45
Total Liabilities & Shareholders' Equity	1,020	847	850
Total Liabilities	399	312	309
Total Current Liabilities	346	264	270
Accounts Payable	86	47	58
Accrued Expenses	213	168	148
Current Deferred Revenue	21	27	30
Current Deferred & Payable Income Tax Liabilities	1.69	1.04	9.97
Current Employee Benefit Liabilities	24	21	23
Total Noncurrent Liabilities	53	47	39
Noncurrent Deferred Revenue	15	13	7.58
Other Noncurrent Operating Liabilities	38	35	31
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	621	535	541
Total Preferred & Common Equity	621	535	541
Preferred Stock	0.00	0.00	0.00
Total Common Equity	621	535	541
Common Stock	946	968	998
Retained Earnings	-325	-432	-457
Accumulated Other Comprehensive Income / (Loss)	-0.54	0.14	0.24

This table presents NETGEAR's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,005	988	927	842	801	754	863
Total Current Assets	830	799	734	741	704	658	769
Cash & Equivalents	133	143	106	131	173	177	274
Short-Term Investments	100	96	96	97	117	117	122
Accounts Receivable	260	193	179	201	173	147	177
Inventories, net	298	337	324	281	211	189	162
Prepaid Expenses	39	30	27	31	30	27	34
Plant, Property, & Equipment, net	10	8.27	8.04	8.27	9.35	11	11
Total Noncurrent Assets	165	180	185	94	88	85	83
Goodwill	36	36	36	36	36	36	36
Intangible Assets	1.46	1.20	1.07	0.00	0.00	0.00	0.00
Other Noncurrent Operating Assets	127	143	147	57	52	49	46
Total Liabilities & Shareholders' Equity	1,005	988	927	842	801	754	863
Total Liabilities	382	370	314	310	290	295	312
Total Current Liabilities	330	318	264	260	244	253	271
Accounts Payable	87	80	36	47	38	40	52
Accrued Expenses	202	190	178	168	155	160	155
Current Deferred Revenue	19	22	23	25	28	29	30
Current Deferred & Payable Income Tax Liabilities	1.09	3.70	5.20	0.77	0.71	0.67	15
Current Employee Benefit Liabilities	20	22	22	19	22	24	20
Total Noncurrent Liabilities	52	52	49	50	46	42	41
Noncurrent Deferred Revenue	17	15	12	13	12	8.08	8.51
Other Noncurrent Operating Liabilities	3.58	37	37	37	34	34	32
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	623	619	613	533	511	459	550
Total Preferred & Common Equity	623	619	613	533	511	459	550
Total Common Equity	623	619	613	533	511	459	550
Common Stock	942	953	958	963	974	980	988
Retained Earnings	-319	-335	-345	-431	-463	-521	-437
Accumulated Other Comprehensive Income / (Loss)	-0.12	0.05	0.11	0.01	0.02	-0.10	0.15

This table displays calculated financial ratios and metrics derived from NETGEAR's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	-20.17%	-20.55%	-9.05%
EBITDA Growth	-190.61%	83.36%	362.23%
EBIT Growth	-225.22%	76.67%	230.06%
NOPAT Growth	-215.61%	59.87%	126.05%
Net Income Growth	-239.69%	-51.86%	111.80%
EPS Growth	-249.69%	-50.00%	111.76%
Operating Cash Flow Growth	-199.89%	514.02%	189.87%
Free Cash Flow Firm Growth	32.92%	551.87%	6.13%
Invested Capital Growth	-7.49%	-35.99%	-47.44%
Revenue Q/Q Growth	-0.22%	-7.54%	-0.92%
EBITDA Q/Q Growth	-17.30%	43.28%	-25.87%
EBIT Q/Q Growth	-13.66%	33.62%	-30.73%
NOPAT Q/Q Growth	-18.64%	21.85%	-54.41%
Net Income Q/Q Growth	-7.90%	4.01%	-36.86%
EPS Q/Q Growth	-10.19%	4.03%	-33.33%
Operating Cash Flow Q/Q Growth	-181.39%	1,406.67%	-17.43%
Free Cash Flow Firm Q/Q Growth	51.14%	36.34%	-23.20%
Invested Capital Q/Q Growth	-6.62%	-17.36%	-14.37%
Profitability Metrics	-	-	-
Gross Margin	26.87%	33.64%	29.08%
EBITDA Margin	-7.72%	-1.62%	4.66%
Operating Margin	-8.89%	-4.49%	1.81%
EBIT Margin	-8.80%	-2.58%	3.69%
Profit (Net Income) Margin	-7.40%	-14.14%	1.83%
Tax Burden Percent	84.11%	547.49%	49.67%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	50.33%
Return on Invested Capital (ROIC)	-14.18%	-7.22%	3.16%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.79%	24.66%	1.34%
Return on Net Nonoperating Assets (RNNOA)	3.71%	-10.90%	-0.86%
Return on Equity (ROE)	-10.47%	-18.12%	2.30%
Cash Return on Invested Capital (CROIC)	-6.39%	36.66%	65.35%
Operating Return on Assets (OROA)	-7.82%	-2.05%	2.93%
Return on Assets (ROA)	-6.58%	-11.22%	1.46%
Return on Common Equity (ROCE)	-10.47%	-18.12%	2.30%
Return on Equity Simple (ROE_SIMPLE)	-11.11%	-19.56%	2.28%
Net Operating Profit after Tax (NOPAT)	-58	-23	6.07
NOPAT Margin	-6.23%	-3.14%	0.90%
Net Nonoperating Expense Percent (NNEP)	-4.39%	-31.88%	1.82%
Return On Investment Capital (ROIC_SIMPLE)	-9.35%	-4.35%	1.12%
Cost of Revenue to Revenue	73.13%	66.36%	70.92%
SG&A Expenses to Revenue	6.04%	8.94%	9.42%
R&D to Revenue	9.48%	11.24%	12.03%
Operating Expenses to Revenue	35.76%	38.14%	27.27%
Earnings before Interest and Taxes (EBIT)	-82	-19	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-72	-12	31
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.84	0.81	1.48
Price to Tangible Book Value (P/TBV)	0.90	0.86	1.59
Price to Revenue (P/Rev)	0.56	0.58	1.19
Price to Earnings (P/E)	0.00	0.00	64.86
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	1.54%
Enterprise Value to Invested Capital (EV/IC)	0.75	0.59	2.97
Enterprise Value to Revenue (EV/Rev)	0.32	0.20	0.58
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	12.52
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	15.80
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	64.78
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	2.60	2.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.25	3.13
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.38	-0.44	-0.64
Leverage Ratio	1.59	1.61	1.58
Compound Leverage Factor	1.59	1.61	1.58
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	1.56	1.60	2.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.41	2.83	2.81
Quick Ratio	1.46	1.77	2.09
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-26	118	126
Operating Cash Flow to CapEx	-238.53%	980.39%	1,832.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.89	0.79	0.79
Accounts Receivable Turnover	3.46	3.20	3.95
Inventory Turnover	2.22	1.79	2.32
Fixed Asset Turnover	82.67	84.68	68.89
Accounts Payable Turnover	8.56	7.43	9.07
Days Sales Outstanding (DSO)	105.42	113.94	92.44
Days Inventory Outstanding (DIO)	164.66	203.62	157.12
Days Payable Outstanding (DPO)	42.63	49.15	40.23
Cash Conversion Cycle (CCC)	227.46	268.41	209.33
Capital & Investment Metrics	-	-	-
Invested Capital	393	252	132
Invested Capital Turnover	2.28	2.30	3.51
Increase / (Decrease) in Invested Capital	-32	-142	-119
Enterprise Value (EV)	296	148	393
Market Capitalization	523	432	802
Book Value per Share	$21.48	$18.09	$18.81
Tangible Book Value per Share	$20.18	$16.86	$17.55
Total Capital	621	535	541
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-227	-284	-409
Capital Expenditures (CapEx)	5.76	5.80	8.99
Debt-free, Cash-free Net Working Capital (DFCFNWC)	261	200	79
Debt-free Net Working Capital (DFNWC)	488	484	488
Net Working Capital (NWC)	488	484	488
Net Nonoperating Expense (NNE)	11	81	-6.29
Net Nonoperating Obligations (NNO)	-227	-284	-409
Total Depreciation and Amortization (D&A)	10	7.16	6.51
Debt-free, Cash-free Net Working Capital to Revenue	27.98%	26.99%	11.76%
Debt-free Net Working Capital to Revenue	52.37%	65.28%	72.42%
Net Working Capital to Revenue	52.37%	65.28%	72.42%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($2.38)	($3.57)	$0.43
Adjusted Weighted Average Basic Shares Outstanding	29.01M	29.36M	28.91M
Adjusted Diluted Earnings per Share	($2.38)	($3.57)	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	29.01M	29.36M	29.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.91M	29.66M	28.87M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-20	-51
Normalized NOPAT Margin	-2.54%	-2.65%	-7.51%
Pre Tax Income Margin	-8.80%	-2.58%	3.69%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	-35.34%	0.00%	267.64%

This table displays calculated financial ratios and metrics derived from NETGEAR's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.98%	-0.83%	-14.08%	-22.31%	-20.73%	-24.26%	-9.02%	-17.02%	-7.58%	-3.32%
EBITDA Growth	-94.10%	-389.22%	84.91%	4.29%	248.72%	115.85%	-102.27%	-437.43%	3,001.20%	-876.64%
EBIT Growth	-111.84%	-3,834.63%	82.25%	10.04%	207.87%	95.85%	-77.86%	-351.44%	5,984.13%	-2,628.81%
NOPAT Growth	-115.55%	-1,531.02%	79.55%	-76.90%	2,336.18%	76.40%	-80.78%	-163.58%	143.80%	-424.88%
Net Income Growth	-70.77%	-509.89%	83.02%	-0.62%	-3,127.45%	72.39%	-92.03%	-426.09%	200.32%	-432.41%
EPS Growth	-67.74%	-2,200.00%	83.08%	3.33%	-2,970.00%	65.22%	-90.91%	-437.93%	201.05%	-262.50%
Operating Cash Flow Growth	10.37%	-225.87%	604.95%	-771.39%	270.88%	1,240.71%	88.45%	153.32%	313.36%	-61.82%
Free Cash Flow Firm Growth	90.89%	126.34%	76.01%	-11.93%	2,542.17%	497.88%	1,080.98%	1,062.82%	54.58%	-21.97%
Invested Capital Growth	1.12%	-7.49%	1.64%	2.39%	-27.67%	-35.99%	-41.49%	-59.73%	-49.27%	-47.44%
Revenue Q/Q Growth	11.81%	-0.19%	-27.38%	-4.14%	14.09%	-4.64%	-12.77%	-12.57%	27.07%	-0.24%
EBITDA Q/Q Growth	111.28%	-944.43%	-8.51%	7.41%	141.10%	-61.62%	-1,484.80%	-146.02%	337.18%	-109.61%
EBIT Q/Q Growth	86.08%	-568.34%	-4.52%	7.47%	116.69%	-125.74%	-4,375.71%	-134.84%	324.92%	-111.54%
NOPAT Q/Q Growth	78.60%	-466.16%	1.67%	-48.46%	370.56%	-105.98%	-653.24%	-116.46%	350.26%	-112.86%
Net Income Q/Q Growth	132.82%	-315.78%	-60.69%	11.58%	-887.53%	98.03%	-1,017.44%	-142.23%	288.32%	-110.45%
EPS Q/Q Growth	133.33%	-330.00%	-43.48%	12.12%	-889.66%	97.21%	-687.50%	-147.62%	285.90%	-110.00%
Operating Cash Flow Q/Q Growth	-395.90%	67.64%	284.92%	-479.19%	175.31%	116.01%	-69.45%	7.30%	483.79%	-80.05%
Free Cash Flow Firm Q/Q Growth	68.74%	479.48%	-162.12%	-51.86%	782.19%	-7.10%	1.92%	49.05%	9.52%	-53.10%
Invested Capital Q/Q Growth	5.24%	-6.62%	-3.58%	8.05%	-25.65%	-17.36%	-11.87%	-25.63%	-6.34%	-14.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.46%	24.77%	33.38%	31.31%	34.84%	34.79%	29.31%	22.11%	30.89%	32.55%
EBITDA Margin	0.37%	-3.17%	-4.73%	-4.57%	1.65%	0.66%	-10.52%	-29.59%	55.24%	-5.32%
Operating Margin	-0.86%	-4.89%	-6.62%	-10.25%	-0.33%	-1.52%	-13.15%	-32.56%	52.40%	-8.27%
EBIT Margin	-0.61%	-4.06%	-5.84%	-5.64%	0.82%	-0.22%	-11.42%	-30.68%	54.30%	-6.28%
Profit (Net Income) Margin	1.12%	-2.43%	-5.37%	-4.95%	-42.86%	-0.88%	-11.33%	-31.39%	46.53%	-4.87%
Tax Burden Percent	-185.13%	59.77%	91.89%	87.81%	-5,196.02%	397.38%	99.21%	102.33%	85.68%	77.53%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	5,296.02%	0.00%	0.00%	0.00%	14.32%	0.00%
Return on Invested Capital (ROIC)	-1.35%	-7.80%	-11.12%	-15.11%	37.56%	-2.45%	-22.19%	-55.11%	132.92%	-20.30%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.09%	-8.79%	-10.59%	-16.95%	92.71%	-2.58%	-20.87%	-50.13%	131.96%	-20.78%
Return on Net Nonoperating Assets (RNNOA)	1.15%	3.33%	4.24%	5.78%	-34.47%	1.14%	9.76%	23.25%	-76.00%	13.37%
Return on Equity (ROE)	-0.20%	-4.47%	-6.88%	-9.33%	3.10%	-1.31%	-12.43%	-31.86%	56.92%	-6.93%
Cash Return on Invested Capital (CROIC)	-12.79%	-6.39%	-8.39%	-9.98%	23.90%	36.66%	42.36%	67.63%	71.17%	65.35%
Operating Return on Assets (OROA)	-0.54%	-3.61%	-5.27%	-5.06%	0.72%	-0.18%	-9.25%	-25.37%	43.31%	-4.99%
Return on Assets (ROA)	1.00%	-2.16%	-4.84%	-4.44%	-37.17%	-0.70%	-9.18%	-25.97%	37.11%	-3.87%
Return on Common Equity (ROCE)	-0.20%	-4.47%	-6.88%	-9.33%	3.10%	-1.31%	-12.43%	-31.86%	56.92%	-6.93%
Return on Equity Simple (ROE_SIMPLE)	-10.26%	0.00%	-3.47%	-3.52%	-20.49%	0.00%	-22.24%	-32.72%	3.56%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.51	-8.52	-8.38	-12	34	-2.01	-15	-33	82	-11
NOPAT Margin	-0.60%	-3.42%	-4.63%	-7.18%	17.02%	-1.07%	-9.21%	-22.79%	44.89%	-5.79%
Net Nonoperating Expense Percent (NNEP)	1.74%	0.99%	-0.53%	1.84%	-55.14%	0.13%	-1.32%	-4.98%	0.96%	0.48%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.37%	-	-	-	-0.38%	-	-	-	-1.95%
Cost of Revenue to Revenue	72.54%	75.23%	66.62%	68.69%	65.16%	65.21%	70.69%	77.89%	69.11%	67.45%
SG&A Expenses to Revenue	5.59%	5.87%	8.97%	9.54%	8.27%	9.07%	10.98%	13.33%	4.57%	9.79%
R&D to Revenue	8.88%	8.13%	12.23%	12.01%	10.48%	10.38%	12.29%	13.80%	11.43%	11.02%
Operating Expenses to Revenue	28.32%	29.66%	40.00%	41.56%	35.17%	36.31%	42.46%	54.68%	-21.51%	40.82%
Earnings before Interest and Taxes (EBIT)	-1.51	-10	-11	-9.78	1.63	-0.42	-19	-44	99	-11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.93	-7.89	-8.56	-7.92	3.26	1.25	-17	-43	101	-9.71
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.92	0.84	0.87	0.67	0.69	0.81	0.91	0.97	1.03	1.48
Price to Tangible Book Value (P/TBV)	0.98	0.90	0.92	0.72	0.75	0.86	0.98	1.05	1.11	1.59
Price to Revenue (P/Rev)	0.62	0.56	0.59	0.48	0.46	0.58	0.64	0.64	0.84	1.19
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	29.09	64.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.44%	1.54%
Enterprise Value to Invested Capital (EV/IC)	0.89	0.75	0.78	0.51	0.47	0.59	0.80	0.91	1.12	2.97
Enterprise Value to Revenue (EV/Rev)	0.40	0.32	0.33	0.24	0.18	0.20	0.25	0.22	0.26	0.58
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.10	12.52
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.84	15.80
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	13.06	64.78
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	2.60	2.73	1.28	0.87	2.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	1.64	1.25	1.39	0.77	1.06	3.13
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.37	-0.38	-0.40	-0.34	-0.37	-0.44	-0.47	-0.46	-0.58	-0.64
Leverage Ratio	1.58	1.59	1.59	1.55	1.60	1.61	1.58	1.57	1.57	1.58
Compound Leverage Factor	1.58	1.59	1.59	1.55	1.60	1.61	1.58	1.57	1.57	1.58
Debt to Total Capital	4.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.18%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-0.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	3.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	4.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	1.98	1.80	1.86	1.76	1.64	1.67	1.67	1.31	2.25	2.24
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.51	2.41	2.52	2.77	2.85	2.83	2.88	2.60	2.84	2.81
Quick Ratio	1.49	1.46	1.36	1.45	1.65	1.77	1.89	1.74	2.11	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.15	23	-15	-22	150	140	142	212	232	109
Operating Cash Flow to CapEx	-727.34%	-303.76%	1,048.51%	-4,744.86%	1,301.20%	2,560.10%	684.86%	799.52%	6,390.50%	862.04%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.89	0.90	0.90	0.87	0.79	0.81	0.83	0.80	0.79
Accounts Receivable Turnover	3.55	3.46	4.38	4.29	3.48	3.20	3.97	4.26	3.60	3.95
Inventory Turnover	2.22	2.22	1.96	1.95	1.92	1.79	1.78	1.87	2.16	2.32
Fixed Asset Turnover	74.89	82.67	89.17	86.88	86.61	84.68	82.24	72.83	71.91	68.89
Accounts Payable Turnover	8.26	8.56	9.01	11.51	8.26	7.43	8.26	12.64	9.64	9.07
Days Sales Outstanding (DSO)	102.80	105.42	83.37	85.02	104.96	113.94	92.02	85.75	101.51	92.44
Days Inventory Outstanding (DIO)	164.06	164.66	186.34	187.65	190.07	203.62	205.36	195.05	169.15	157.12
Days Payable Outstanding (DPO)	44.21	42.63	40.50	31.72	44.17	49.15	44.22	28.88	37.88	40.23
Cash Conversion Cycle (CCC)	222.66	227.46	229.21	240.95	250.85	268.41	253.16	251.92	232.79	209.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	421	393	379	410	305	252	222	165	155	132
Invested Capital Turnover	2.23	2.28	2.40	2.11	2.21	2.30	2.41	2.42	2.96	3.51
Increase / (Decrease) in Invested Capital	4.65	-32	6.12	9.58	-117	-142	-157	-245	-150	-119
Enterprise Value (EV)	374	296	296	209	142	148	178	150	174	393
Market Capitalization	576	523	535	411	370	432	467	445	570	802
Book Value per Share	$21.68	$21.48	$21.39	$21.09	$18.12	$18.09	$17.40	$15.80	$19.19	$18.81
Tangible Book Value per Share	$20.37	$20.18	$20.10	$19.80	$16.89	$16.86	$16.16	$14.55	$17.92	$17.55
Total Capital	655	621	619	613	533	535	511	459	550	541
Total Debt	32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-202	-227	-239	-203	-228	-284	-289	-294	-396	-409
Capital Expenditures (CapEx)	2.10	1.62	0.87	0.73	2.00	2.20	2.51	2.31	1.69	2.49
Debt-free, Cash-free Net Working Capital (DFCFNWC)	266	261	242	266	253	200	170	110	102	79
Debt-free Net Working Capital (DFNWC)	500	488	482	469	481	484	459	405	498	488
Net Working Capital (NWC)	500	488	482	469	481	484	459	405	498	488
Net Nonoperating Expense (NNE)	-4.31	-2.48	1.33	-3.86	118	-0.34	3.50	12	-2.99	-1.67
Net Nonoperating Obligations (NNO)	-202	-227	-239	-203	-228	-284	-289	-294	-396	-409
Total Depreciation and Amortization (D&A)	2.45	2.23	2.01	1.86	1.63	1.67	1.49	1.56	1.71	1.75
Debt-free, Cash-free Net Working Capital to Revenue	28.51%	27.98%	26.86%	31.23%	31.53%	26.99%	23.45%	15.86%	15.04%	11.76%
Debt-free Net Working Capital to Revenue	53.46%	52.37%	53.35%	55.01%	59.99%	65.28%	63.40%	58.21%	73.23%	72.42%
Net Working Capital to Revenue	53.46%	52.37%	53.35%	55.01%	59.99%	65.28%	63.40%	58.21%	73.23%	72.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.96	($0.34)
Adjusted Weighted Average Basic Shares Outstanding	28.89M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	28.71M	28.91M
Adjusted Diluted Earnings per Share	$0.10	($0.23)	($0.33)	($0.29)	($2.87)	($0.08)	($0.63)	($1.56)	$2.90	($0.29)
Adjusted Weighted Average Diluted Shares Outstanding	29.03M	29.01M	29.04M	29.32M	29.52M	29.36M	29.40M	28.88M	29.36M	29.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.90M	28.91M	29.06M	29.40M	29.61M	29.66M	29.07M	28.68M	28.77M	28.87M
Normalized Net Operating Profit after Tax (NOPAT)	-1.51	-8.52	-8.38	-11	0.68	-2.01	-15	-26	-3.41	-11
Normalized NOPAT Margin	-0.60%	-3.42%	-4.63%	-6.28%	0.34%	-1.07%	-9.21%	-17.98%	-1.86%	-5.79%
Pre Tax Income Margin	-0.61%	-4.06%	-5.84%	-5.64%	0.82%	-0.22%	-11.42%	-30.68%	54.30%	-6.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-71.55%	-35.34%	-69.80%	0.00%	0.00%	0.00%	-10.06%	-14.27%	117.04%	267.64%

Frequently Asked Questions About NETGEAR's Financials

When does NETGEAR's fiscal year end?

According to the most recent income statement we have on file, NETGEAR's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has NETGEAR's net income changed over the last 2 years?

NETGEAR's net income appears to be on a downward trend, with a most recent value of $12.36 million in 2024, falling from -$68.99 million in 2022. The previous period was -$104.77 million in 2023.

What is NETGEAR's operating income?

NETGEAR's total operating income in 2024 was $12.22 million, based on the following breakdown:

Total Gross Profit: $195.93 million
Total Operating Expenses: $183.71 million

How has NETGEAR revenue changed over the last 2 years?

Over the last 2 years, NETGEAR's total revenue changed from $932.47 million in 2022 to $673.76 million in 2024, a change of -27.7%.

How much debt does NETGEAR have?

NETGEAR's total liabilities were at $309.16 million at the end of 2024, a 0.8% decrease from 2023, and a 22.5% decrease since 2022.

How much cash does NETGEAR have?

In the past 2 years, NETGEAR's cash and equivalents has ranged from $146.50 million in 2022 to $286.44 million in 2024, and is currently $286.44 million as of their latest financial filing in 2024.

How has NETGEAR's book value per share changed over the last 2 years?

Over the last 2 years, NETGEAR's book value per share changed from 21.48 in 2022 to 18.81 in 2024, a change of -12.5%.

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This page (NASDAQ:NTGR) was last updated on 4/15/2025 by MarketBeat.com Staff

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NETGEAR (NTGR) Financials

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NETGEAR (NTGR) Financials

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