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NETGEAR, Inc.

NTGRTechnologyNASDAQ

Communication Equipment · Last scanned Jun 2, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$699.6M
+3.8% YoY
Net Income
-$17.9M
-245.0% YoY
EBITDA
-$18.2M
+72.4% YoY
Free Cash Flow
-$4.8M

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About NETGEAR, Inc.

NETGEAR, Inc. provides networking technologies for businesses, homes, and service providers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. With a market capitalization of $716.9M, it sits in small-cap territory. The company operates in two segments, Enterprise and Consumer.

Key stats
Market Cap$716.9M
Fwd P/E44.03
EPS$-0.89
Beta1.18
52W Change-11.4%
ROE-5.0%
Analysis

With $296.5M in cash and $48.1M in debt, NTGR maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$4.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -5.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $932.5M (2022) to $699.6M (2025), a 25% decline worth watching.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing NTGR's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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