Netgear (NTGR) Operating Expenses (2010 - 2026)
Netgear (NTGR) reported Operating Expenses of $77.9 million for Q1 2026, up 12.69% year-over-year from $69.1 million in Q1 2025, and down 0.62% quarter-over-quarter from $78.4 million in Q4 2025.
Netgear (NTGR) Operating Expenses (2010 - 2026) Analysis & Trends
Netgear (NTGR) has 17 years of Operating Expenses data on file, last reported at $77.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $77.9 million, up 12.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $309.1 million (up 68.96% YoY), and the FY2025 annual result was $300.3 million, up 63.49% from the prior year.
- Operating Expenses eased to $77.9 million in Q1 2026 per NTGR's latest filing, from $78.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $117.4 million in Q2 2022 and troughed at -$39.3 million in Q3 2024.
- A 5-year average of $69.3 million and a median of $72.4 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 156.52% in 2024, then jumped 301.71% in 2025.
- A 5-year view of Operating Expenses shows it stood at $73.9 million in 2022, then declined by 7.26% to $68.5 million in 2023, then grew by 8.7% to $74.5 million in 2024, then rose by 5.25% to $78.4 million in 2025, then retreated by 0.62% to $77.9 million in 2026.
- Business Quant data shows NTGR's Operating Expenses at $77.9 million in Q1 2026, $78.4 million in Q4 2025, and $79.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 436.11 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 691.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 8.83 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 182.50 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 79.89 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 164.15 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 56.91 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 527.00 Mn |
| 10 | Netgear | 673.97 Mn | 377.46 Mn | 64.30 Mn | 77.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 77.89 Mn |
| Dec 31, 2025 | 78.38 Mn |
| Sep 28, 2025 | 79.32 Mn |
| Jun 29, 2025 | 73.52 Mn |
| Mar 30, 2025 | 69.13 Mn |
| Dec 31, 2024 | 74.47 Mn |
| Sep 29, 2024 | -39.33 Mn |
| Jun 30, 2024 | 78.68 Mn |
| Mar 31, 2024 | 69.89 Mn |
| Dec 31, 2023 | 68.51 Mn |
| Oct 1, 2023 | 69.58 Mn |
| Jul 2, 2023 | 72.08 Mn |
| Apr 2, 2023 | 72.36 Mn |
| Dec 31, 2022 | 73.87 Mn |
| Oct 2, 2022 | 70.68 Mn |
| Jul 3, 2022 | 71.47 Mn |
| Apr 3, 2022 | 117.45 Mn |
| Dec 31, 2021 | 73.85 Mn |
| Oct 3, 2021 | 73.93 Mn |
| Jun 27, 2021 | 71.85 Mn |