What is Netgear's R&D?

Netgear (NTGR) reported R&D of $21.67M in Q1 2026.

How has Netgear's R&D changed year-over-year?

Netgear's R&D increased by 18.3% year-over-year, from $18.31M to $21.67M.

What is the long-term trend for Netgear's R&D?

Over 4 years (2021 to 2025), Netgear's R&D has grown at a -2.0% compound annual growth rate (CAGR), from $92.97M to $85.72M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Netgear NTGR R&D

R&D at other companies

Cisco Systems, Inc.CSCO

$2.38B+1.8%

FortinetFTNT

$214M+7.8%

Palo Alto Networks, Inc.PANW

$734M+48.6%

Ubiquiti Inc.UI

$51.81M+17.1%

Arista NetworksANET

$343.7M+29.0%

Hewlett Packard EnterpriseHPE

$922M+70.7%

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%—

FCF margin-1.9%-30.0pp

Returns & leverage

See full

Return on equity0.9%—

Debt / equity0.1×—

Current ratio2.6×-0.4×

Where this comes from

Reported directly by Netgear in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Netgear’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netgear's R&D?: Netgear (NTGR) reported R&D of $21.67M in Q1 2026.
How has Netgear's R&D changed year-over-year?: Netgear's R&D increased by 18.3% year-over-year, from $18.31M to $21.67M.
What is the long-term trend for Netgear's R&D?: Over 4 years (2021 to 2025), Netgear's R&D has grown at a -2.0% compound annual growth rate (CAGR), from $92.97M to $85.72M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.