NETGEAR Inc 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934.For the quarterly period ended March 29, 2026 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934.For the transition period fromto Commission file number: 000-50350NETGEAR, Inc.(Exact name of registrant as specified in its charter) (408)907-8000(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,”“smaller reporting company”, and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large Accelerated filer☒Accelerated filer☐Non-Accelerated filer☐Smaller reporting company☐Emerging growth company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The number of outstanding shares of the registrant’s Common Stock, $0.001 par value, was 26,839,903 as of April 24, 2026. TABLE OF CONTENTS PART I: FINANCIAL INFORMATION Item 1.Financial StatementsUnaudited Condensed Consolidated Balance SheetsUnaudited Condensed Consolidated Statements of OperationsUnaudited Condensed Consolidated Statements of Comprehensive Income (Loss)Unaudited Condensed Consolidated Statements of Stockholders' EquityUnaudited Condensed Consolidated Statements of Cash FlowsNotes to Unaudited Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPART II: OTHER INFORMATION Item 1.Item 1A.Item 2.Item 3.Item 4.Item 5.Item 6.Signatures Legal ProceedingsRisk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationExhibits PART I: FINANCIAL INFORMATION NETGEAR, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands) NETGEAR, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share data) NETGEAR, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(In thousands) NETGEAR, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(In thousands) NETGEAR, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands) NETGEAR, INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 1. The Company and Basis of Presentation NETGEAR, Inc. (“NETGEAR” or the “Company”) was incorporated in Delaware in January 1996. The Company is a globalprovider of networking technologies for businesses, homes, and service providers. The Company delivers a wide range ofnetworking hardware, software, and services designed to enable reliable connectivity and security. Its connected solutions rangefrom switching and wireless products that support audio and video (“AV”) over Ethernet for Pro AV applications and businessnetworks to WiFi networking solutions, security and support services for enterprise and home networks. Additionally, the Companycontinually invests in research and development to create new technologies and services and to address technological trends such asAV over Ethernet, multi-Gigabit connectivity, WiFi 7, eSIM and future technologies. Its product line enables the creation andextension of wired and wireless networks and includes services that complement and enhance our hardware offerings. Theseproducts are available in multiple configurations to address the changing needs of our customers across geographic regions. The Company sells networking products through multiple sales channels worldwide, including traditional retailers, onlineretailers, wholesale distributors, direct market resellers (“DMRs”), managed service providers (“MSPs”), broadband serviceproviders and it