← NETGEAR, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $75.9m | $19.4m | ($18.3m) | $25.8m | $58.3m | $49.4m | ($69.0m) | ($104.8m) | $12.4m | ($17.9m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($9.2m) | $0 | $0 | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $32.0m | $26.1m | $18.9m | $19.4m | $18.9m | $13.9m | $10.1m | $7.2m | $6.5m | $8.0m | $11.9m | |
| Amortization of Intangible Assets | $17.0m | $12.9m | $8.3m | $7.0m | $6.2m | $2.0m | $500k | $300k | — | $1.2m | — | |
| Depreciation | $14.6m | $13.2m | $10.5m | $12.3m | $12.7m | $11.7m | $9.5m | $6.9m | $6.5m | $6.8m | $11.9m | |
| Deferred Income Tax Expense (Benefit) | ($2.7m) | $21.8m | $2.5m | ($1.4m) | ($9.4m) | $4.5m | ($21.8m) | $82.3m | $1.0m | ($152k) | $121k | |
| Share-based Payment Arrangement, Noncash Expense | $18.9m | $22.1m | $26.5m | $29.1m | $30.5m | $26.0m | $17.7m | $17.9m | $22.7m | $29.7m | $35.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $4.7m | $6.4m | $8.1m | $6.5m | $5.1m | $7.7m | $4.8m | $2.8m | $3.4m | $13.8m | — | |
| Share-based Payment Arrangement, Expense | $18.9m | $22.1m | $26.5m | $29.1m | $30.5m | $26.0m | $17.7m | $17.9m | $22.7m | $29.7m | $35.8m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $1.4m | — | $6.2m | $549k | $250k | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $44.4m | $0 | $0 | — | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $1.1m | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1m | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($121k) | $2.0m | $510k | $844k | ($5.2m) | ($1.1m) | $902k | $14.1m | $12.7m | $17.4m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $23.2m | $99.0m | $43.1m | ($26.5m) | $59.9m | ($75.9m) | $16.3m | ($92.4m) | ($28.8m) | ($14.2m) | ($7.9m) | |
| Increase (Decrease) in Inventories | $34.7m | ($2.0m) | $82.2m | ($4.5m) | ($55.5m) | $147.4m | ($12.4m) | ($47.6m) | ($80.2m) | $17.4m | ($22.5m) | |
| Inventory Write-down | — | — | — | — | $7.9m | $3.9m | $3.7m | $3.2m | $6.1m | $3.5m | — | |
| Increase (Decrease) in Accounts Payable | $21.3m | ($784k) | $45.5m | ($56.6m) | $9.7m | ($16.5m) | $11.9m | ($38.9m) | $11.5m | ($14.9m) | ($4.5m) | |
| Other Operating Income (Expense), Net | — | — | — | — | $1.2m | ($653k) | ($4.6m) | ($4.1m) | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $115.2m |
$87.5m
-24.01%
|
($103.2m)
-217.92%
|
$13.5m
+113.10%
|
$181.2m
+1239.37%
|
($4.6m)
-102.53%
|
($13.7m)
-199.89%
|
$56.9m
+514.02%
|
$164.8m
+189.87%
|
$1.6m
-99.03%
|
$3.6m
+124.97%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.0m | $13.7m | $12.3m | $14.2m | $10.3m | $9.9m | $5.8m | $5.8m | $9.0m | $20.5m | ($20.9m) | |
| Gain (Loss) on Investments | — | — | ($861k) | — | ($6.2m) | ($1.4m) | ($271k) | ($8k) | ($93k) | $4.9m | ($2.6m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | $87k | $3.2m | $3.6m | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $8.8m | $737k | $14.4m | $0 | $0 | — | — | $0 | $0 | $12.2m | ($8k) | |
| Net Cash Provided by (Used in) Investing Activities | ($48.8m) | ($19.8m) | ($43.2m) | $49.5m | ($16.8m) | ($10.0m) | ($79.5m) | ($27.4m) | ($26.2m) | ($22.6m) | $8.7m | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $42.9m | $113.2m | $30.0m | $75.9m | $23.8m | $75.0m | $24.4m | $0 | $33.1m | $50.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($7.9m) |
($105.3m)
-1234.48%
|
$144.6m
+237.29%
|
($73.8m)
-151.06%
|
($8.1m)
+89.08%
|
($68.1m)
-745.00%
|
($24.0m)
+64.74%
|
$797k
+103.32%
|
($28.9m)
-3727.73%
|
($55.5m)
-91.97%
|
($79.1m)
-42.43%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($1.8m) | ($10.8m) | $156.3m | ($82.7m) | ($117.3m) | $30.2m | $109.7m | ($76.5m) | $176.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $35.1m | $32.1m | $23.2m | $8.9m | $8.2m | $20.6m | $9.4m | $7.2m | $7.7m | $13.8m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.8m) | $7.2m | ($2.7m) | ($697k) | $4.4m | ($4.8m) | ($2.3m) | ($6k) | ($3.4m) | $3.1m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | ($5.4m) | $4.0m | $1.3m | ($3.9m) | $4.2m | $2.7m | $267k | $3.3m | ($2.2m) | — | |
| Gain (Loss) Related to Litigation Settlement | ($73k) | ($176k) | ($15k) | ($160k) | ($44k) | ($315k) | ($20k) | ($178k) | $89.0m | ($209k) | — | |
| General and Administrative Expense | $54.5m | $56.4m | $64.9m | $49.4m | $61.1m | $59.7m | $56.3m | $66.2m | $63.5m | $78.9m | — | |
| Goodwill | $85.5m | $85.5m | $80.7m | $80.7m | $80.7m | $80.7m | $36.3m | $36.3m | $36.3m | $45.0m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $17.3m | $25.8m | $58.3m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($35.7m) | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $39.2m | $71.3m | $25.9m | $3.8m | $12.5m | $16.1m | ($13.0m) | $85.6m | $12.5m | $1.1m | — | |
| Investment Income, Interest | $1.2m | $2.1m | $4.0m | $2.5m | $436k | — | — | — | — | — | — | |
| Operating Expenses | $298.2m | $309.5m | $303.0m | $268.0m | $296.6m | $299.2m | $333.5m | $282.5m | $183.7m | $300.3m | — | |
| Proceeds from Stock Options Exercised | $28.1m | $9.5m | $6.8m | $5.0m | $16.9m | $9.6m | $743k | $0 | $4.0m | $5.3m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.