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Netgear NTGR Free cash flow margin

Free cash flow margin at other companies

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Cisco Systems, Inc.CSCO
19.4%-3.6pp
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AmazonAMZN
1.4%-1.8pp
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FortinetFTNT
34.3%+0.6pp
Palo Alto Networks, Inc. logo
Palo Alto Networks, Inc.PANW
35.8%+2.0pp
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Ubiquiti Inc.UI
23.9%-7.6pp
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Arista NetworksANET
54.4%+3.5pp

Other financials

Income statement

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Revenue$158.8M-2.0%
Gross profit$64.3M+14.2%
Operating income-$13.6M-6.2%
Net income-$13.0M-116%
EPS (diluted)-$0.47-124%

Balance sheet

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Cash & equivalents$183.5M-32.0%
Total debt$48.1M+69.8%
Total assets$801.9M-1.5%

Cash flow

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Operating cash flow$1.6M+119%
CapEx$3.8M+174%
Free cash flow-$2.2M+78.5%

Valuation

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Market cap$611.41M-20.0%
Enterprise value$476.03M-9.0%
P/S0.9×-0.3×

Profitability

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Gross margin39.4%+9.0pp
Operating margin-5%
Net margin-3.6%

Returns & leverage

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Return on equity0.9%
Debt / equity0.1×
Current ratio2.6×-0.4×

Where this comes from

Calculated from Netgear’s reported figures.

Based on trailing twelve months.

The official record: Netgear’s 10-Q, filed October 31, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netgear's free cash flow margin?
Netgear (NTGR) reported free cash flow margin of -1.9% in Q3 2025.
How has Netgear's free cash flow margin changed year-over-year?
Netgear's free cash flow margin decreased by 106.9% year-over-year, from 28.1% to -1.9%.
What is the long-term trend for Netgear's free cash flow margin?
Over 3 years (2020 to 2024), Netgear's free cash flow margin has grown at a 19.3% compound annual growth rate (CAGR), from 13.6% to 23.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.