NETGEAR, Inc. (NTGR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NTGR Revenue Growth
Revenue Breakdown (FY 2025)
NTGR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NTGR Revenue Analysis (2014–2025)
As of May 8, 2026, NETGEAR, Inc. (NTGR) generated trailing twelve-month (TTM) revenue of $690.1 million, reflecting slight decline in growth of -2.0% year-over-year. The most recent quarter (Q1 2026) recorded $158.8 million in revenue, down 9.9% sequentially.
Looking at the longer-term picture, NTGR's 5-year compound annual growth rate (CAGR) stands at -11.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.41 billion in 2017.
Revenue diversification analysis shows NTGR's business is primarily driven by Consumer (51%), and Enterprise (49%). With over half of revenue concentrated in Consumer, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CALX (+28.4% YoY), SMCI (+56.2% YoY), and CSCO (+9.0% YoY), NTGR has underperformed the peer group in terms of revenue growth. Compare NTGR vs CALX →
NTGR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NTGRCurrent | $690M | -2.0% | -11.2% | -5.1% | |
 CALX | $1.0B | +28.4% | +13.1% | 2.1% | |
 SMCI | $22.0B | +56.2% | +45.8% | 5.7% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 ANET | $9.0B | +30.6% | +31.2% | 42.8% | |
 HPE | $34.3B | +14.9% | +4.9% | 4.8% |
NTGR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $693.4M | +2.9% | $251.0M | 36.2% | $-35,108,000 | -5.1% |
| 2024 | $673.8M | -9.1% | $195.9M | 29.1% | $12.2M | 1.8% |
| 2023 | $740.8M | -20.6% | $249.3M | 33.6% | $-33,275,000 | -4.5% |
| 2022 | $932.5M | -20.2% | $250.5M | 26.9% | $-82,924,000 | -8.9% |
| 2021 | $1.17B | -6.9% | $365.8M | 31.3% | $66.6M | 5.7% |
| 2020 | $1.26B | +25.7% | $372.2M | 29.6% | $75.5M | 6.0% |
| 2019 | $998.8M | -5.7% | $294.2M | 29.5% | $26.2M | 2.6% |
| 2018 | $1.06B | -24.7% | $341.7M | 32.3% | $38.7M | 3.7% |
| 2017 | $1.41B | +5.9% | $396.0M | 28.1% | $86.6M | 6.2% |
| 2016 | $1.33B | +2.1% | $412.2M | 31.0% | $114.0M | 8.6% |
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Start ComparisonNTGR — Frequently Asked Questions
Quick answers to the most common questions about buying NTGR stock.
Is NTGR's revenue growth accelerating or slowing?
NTGR revenue growth slowed to -2.0%, below the 5-year CAGR of -11.2%. TTM revenue is $690M. The deceleration marks a shift from historical growth rates.
What is NTGR's long-term revenue growth rate?
NETGEAR, Inc.'s 5-year revenue CAGR of -11.2% reflects the variable expansion pattern. Current YoY growth of -2.0% is near this long-term average.
How is NTGR's revenue distributed by segment?
NTGR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.