Netgear (NTGR) Cost of Revenue (2009 - 2026)
Netgear (NTGR) posted Cost of Revenue of $100.25 million for Q3 2026, down 10.7% from $112.31 million a year earlier and down 0.5% from the prior quarter.
Netgear (NTGR) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 27, 2026, Cost of Revenue at Netgear was $404.38 million, down 9.7% year-over-year; for FY2025, it was $433.43 million, down 9.3% from FY2024.
- Annual Cost of Revenue has declined for five consecutive years, with a five-year compound annual growth rate of -13.3% (FY2020 to FY2025).
- In prior years, Netgear's Cost of Revenue was $477.83 million in FY2024 (-2.8%), $491.59 million in FY2023 (-27.9%), $681.92 million in FY2022 (-15.0%) and $802.24 million in FY2021 (-9.2%).
- Quarterly Cost of Revenue has run from a low of $94.52 million in Q1 2026 to a high of $187.41 million in Q4 2022 over five years.
- On a year-over-year basis, Cost of Revenue has declined in each of the last seven quarters, with an average decline of 7.9% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2022, with growth of 6.2%; the weakest was Q4 2023, with a decline of 34.3%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $100.78 million (Q2 2026), $94.52 million (Q1 2026) and $108.83 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn | 59.66 Bn |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn | 6.19 Bn |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn | 1.33 Bn |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn | 37.14 Bn |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn | 13.58 Bn |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn | 1.65 Bn |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn | 1.81 Bn |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn | 1.85 Bn |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn | 7.29 Bn |
| 10 | Netgear | 523.67 Mn | -605.85 Mn | 67.09 Mn | 100.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 100.25 Mn |
| Jun 28, 2026 | 100.78 Mn |
| Mar 29, 2026 | 94.52 Mn |
| Dec 31, 2025 | 108.83 Mn |
| Sep 28, 2025 | 112.31 Mn |
| Jun 29, 2025 | 106.55 Mn |
| Mar 30, 2025 | 105.73 Mn |
| Dec 31, 2024 | 123.04 Mn |
| Sep 29, 2024 | 126.37 Mn |
| Jun 30, 2024 | 112.08 Mn |
| Mar 31, 2024 | 116.35 Mn |
| Dec 31, 2023 | 123.04 Mn |
| Oct 1, 2023 | 128.91 Mn |
| Jul 2, 2023 | 119.11 Mn |
| Apr 2, 2023 | 120.53 Mn |
| Dec 31, 2022 | 187.41 Mn |
| Oct 2, 2022 | 181.06 Mn |
| Jul 3, 2022 | 161.80 Mn |
| Apr 3, 2022 | 151.66 Mn |
| Dec 31, 2021 | 176.49 Mn |
Netgear Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NTGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NTGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NTGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();