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
DateValue
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