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NETGEAR, INC. (NTGR) filed an 8-K current report with the SEC on April 29, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 fiscal 2026 results covered the quarter ended March 29, 2026.
NETGEAR, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 fiscal 2026 results covered the quarter ended March 29, 2026
- NETGEAR issued the earnings release April 29, 2026
- Detailed financial results and management commentary appear in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $158.8M, down 2.0% YoY, but record GAAP gross margin 40.5% versus 34.8%
- Non-GAAP operating income $1.7M versus $(2.6)M, signaling improved underlying profitability despite GAAP loss $(13.0)M
- Enterprise revenue $83.8M, up 5.8%, with 52.7% non-GAAP gross margin; Consumer revenue fell 9.5% to $75.0M
- Subscription and services ARR approximately $40M, up 12% YoY, strengthening recurring-revenue mix
- Q2 revenue guidance $150M-$165M and non-GAAP operating margin (1.0)% to 2.0%; memory costs remain the key margin risk
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