← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.3b |
$1.4b
+5.92%
|
$1.1b
-24.74%
|
$998.8m
-5.67%
|
$1.3b
+25.68%
|
$1.2b
-6.94%
|
$932.5m
-20.17%
|
$740.8m
-20.55%
|
$673.8m
-9.05%
|
$699.6m
+3.84%
|
$694.4m
-0.74%
|
|
| Cost of Revenue | $916.1m |
$1.0b
+10.34%
|
$717.1m
-29.06%
|
$704.5m
-1.75%
|
$883.0m
+25.34%
|
$802.2m
-9.15%
|
$681.9m
-15.00%
|
$491.6m
-27.91%
|
$477.8m
-2.80%
|
$433.4m
-9.29%
|
$416.4m
-3.92%
|
|
| Gross Profit | $412.2m |
$396.0m
-3.92%
|
$341.7m
-13.72%
|
$294.2m
-13.89%
|
$372.2m
+26.48%
|
$365.8m
-1.70%
|
$250.5m
-31.51%
|
$249.3m
-0.52%
|
$195.9m
-21.39%
|
$266.2m
+35.86%
|
$278.0m
+4.43%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | $157k |
$1.8m
+1062.42%
|
$6.8m
+274.90%
|
$12.2m
+77.61%
|
$11.6m
-4.66%
|
$11.6m
0.00%
|
|
| Research and Development Expense | $89.4m | $94.6m | $82.4m | $78.0m | $88.8m | $93.0m | $88.4m | $83.3m | $81.1m | $85.7m | $90.6m | |
| Marketing and Advertising Expense | $24.5m | $33.3m | $24.7m | $21.3m | $20.6m | $25.2m | $27.0m | $28.9m | $23.3m | $19.5m | — | |
| Selling and Marketing Expense | $150.4m | $158.2m | $152.6m | $138.2m | $147.9m | $146.0m | $139.7m | $127.8m | $123.7m | $127.7m | $212.8m | |
| General and Administrative Expense | $54.5m | $56.4m | $64.9m | $49.4m | $61.1m | $59.7m | $56.3m | $66.2m | $63.5m | $78.9m | $79.2m | |
| Amortization of Intangible Assets | $17.0m | $12.9m | $8.3m | $7.0m | $6.2m | $2.0m | $500k | $300k | — | $1.2m | — | |
| Restructuring and Related Cost, Incurred Cost | $3.8m | $97k | $2.3m | $2.2m | — | $3.4m | $3.4m | $4.5m | $4.5m | $7.8m | — | |
| Operating Expenses | $298.2m | $309.5m | $303.0m | $268.0m | $296.6m | $299.2m | $333.5m | $282.5m | $183.7m | $300.3m | $303.3m | |
| Operating Income (Loss) | $114.0m |
$86.6m
-24.07%
|
$38.7m
-55.28%
|
$26.2m
-32.36%
|
$75.5m
+188.47%
|
$66.6m
-11.84%
|
($82.9m)
-224.52%
|
($33.3m)
+59.87%
|
$12.2m
+136.71%
|
($34.2m)
-379.57%
|
($25.4m)
+25.75%
|
|
| Other Operating Income (Expense), Net | — | — | — | — | $1.2m | ($653k) | ($4.6m) | ($4.1m) | — | — | — | |
| Investment Income, Interest | $1.2m | $2.1m | $4.0m | $2.5m | $436k | — | — | — | — | — | — | |
| 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 Investments | — | — | ($861k) | — | ($6.2m) | ($1.4m) | ($271k) | ($8k) | ($93k) | $4.9m | — | |
| Gain (Loss) Related to Litigation Settlement | ($73k) | ($176k) | ($15k) | ($160k) | ($44k) | ($315k) | ($20k) | ($178k) | $89.0m | ($209k) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | ($5.4m) | $4.0m | $1.3m | ($3.9m) | $4.2m | $2.7m | $267k | $3.3m | ($2.2m) | — | |
| Other Nonoperating Income (Expense) | ($121k) | $2.0m | $510k | $844k | ($5.2m) | ($1.1m) | $902k | $14.1m | $12.7m | $17.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $88.7m | $58.0m | $32.2m | $16.0m | $42.1m | $42.2m | ($100.6m) | ($33.9m) | $10.6m | ($34.6m) | ($25.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | $86.6m | $38.7m | $29.6m | $70.8m | $65.5m | ($82.0m) | ($19.1m) | $24.9m | ($16.8m) | ($25.3m) | |
| Current Income Tax Expense (Benefit) | $42.2m | $49.3m | $1.3m | $5.2m | $21.7m | $11.8m | $9.0m | $3.4m | $11.8m | $1.2m | $419k | |
| Income Tax Expense (Benefit) | $39.2m | $71.3m | $25.9m | $3.8m | $12.5m | $16.1m | ($13.0m) | $85.6m | $12.5m | $1.1m | $419k | |
| Net Income (Loss) Attributable to Parent | $75.9m |
$19.4m
-74.38%
|
($9.2m)
-147.14%
|
$25.8m
+381.50%
|
$58.3m
+126.02%
|
$49.4m
-15.28%
|
($69.0m)
-239.69%
|
($104.8m)
-51.86%
|
$12.4m
+111.80%
|
($17.9m)
-244.97%
|
($25.8m)
-43.69%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($9.2m) | $0 | $0 | — | — | — | — | — | ($25.8m) | |
| Earnings Per Share, Basic | $2.32 | $0.61 | ($0.29) | $0.83 | $1.95 | $1.63 | ($2.38) | ($3.57) | $0.43 | ($0.63) | ($0.94) | |
| Earnings Per Share, Diluted | $2.25 | $0.59 | ($0.28) | $0.81 | $1.90 | $1.59 | ($2.38) | ($3.57) | $0.42 | ($0.63) | ($0.94) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $1 | $1 | $1 | $2 | $2 | ($2) | ($4) | $0 | ($1) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | $1 | $1 | $2 | $2 | ($2) | ($4) | $0 | ($1) | — | |
| Weighted Average Number of Shares Outstanding, Basic | 32.8m | 32.1m | 31.6m | 30.9m | 29.9m | 30.2m | 29.0m | 29.4m | 28.9m | 28.6m | 28.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 33.7m | 33.0m | 33.1m | 32.0m | 30.6m | 31.0m | 29.0m | 29.4m | 29.7m | 28.6m | 28.0m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $0 | — | — | — | — | — | — | — | — | $1.2m | — | |
| 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 | |
| Other Cost and Expense, Operating | — | — | — | $2.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $114.0m | $86.6m | $17.3m | $25.8m | $58.3m | $66.6m | $82.9m | $33.3m | $12.2m | $34.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $114.0m | $86.6m | ($35.7m) | $0 | $0 | $66.6m | $82.9m | $33.3m | $12.2m | $34.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.