v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 28, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Remaining Performance Obligations

The following table summarizes estimated revenue expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) as of June 28, 2026:

 

(In thousands)

 

 

Less than 1 year

 

 

 

1 to 2 years

 

 

 

Beyond 2 years

 

 

 

Total

 

Performance obligations

 

$

 

59,557

 

 

$

 

2,320

 

 

$

 

1,767

 

 

$

 

63,644

 

Schedule of Contract Balances

The following table reflects the contract balances:

 

(In thousands)

 

Balance Sheet Location

 

 

June 28, 2026

 

 

 

December 31, 2025

 

Accounts receivable, net

 

Accounts receivable, net

 

$

 

152,820

 

 

$

 

142,045

 

Contract liabilities – current

 

Deferred revenue

 

$

 

25,458

 

 

$

 

26,904

 

Contract liabilities – non-current

 

Other non-current liabilities

 

$

 

3,990

 

 

$

 

4,206

 

Schedule of Net Revenue Disaggregated by Geographical Region and by Product Category

In the following tables, net revenue is disaggregated by geographic region and by product category, distinguishing the Company’s service provider and related products from its other products. The Company conducts business across three geographic regions: Americas; Europe, Middle East and Africa (“EMEA”); and Asia Pacific (“APAC”). The tables also include reconciliations of the disaggregated revenue by reportable segment. As disclosed above, effective in the fourth quarter of 2025, the Company operates and reports in two segments: Enterprise (formerly NETGEAR for Business), and Consumer (comprising the former Home Networking and Mobile segments). Prior-period segment information has been recast to conform to the current presentation. Sales and usage-based taxes are excluded from net revenue.

 

 

 

Three Months Ended

 

 

 

 

June 28, 2026

 

 

 

June 29, 2025

 

(In thousands)

 

 

Enterprise

 

 

 

Consumer

 

 

 

Total

 

 

 

Enterprise

 

 

 

Consumer

 

 

 

Total

 

Geographic regions (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

 

47,831

 

 

$

 

68,695

 

 

$

 

116,526

 

 

$

 

41,690

 

 

$

 

74,589

 

 

$

 

116,279

 

EMEA

 

 

 

29,418

 

 

 

 

7,005

 

 

 

 

36,423

 

 

 

 

26,948

 

 

 

 

7,427

 

 

 

 

34,375

 

APAC

 

 

 

11,705

 

 

 

 

3,908

 

 

 

 

15,613

 

 

 

 

13,983

 

 

 

 

5,895

 

 

 

 

19,878

 

Total

 

$

 

88,954

 

 

$

 

79,608

 

 

$

 

168,562

 

 

$

 

82,621

 

 

$

 

87,911

 

 

$

 

170,532

 

Product categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service provider and related products (2)

 

$

 

138

 

 

$

 

23,777

 

 

$

 

23,915

 

 

$

 

238

 

 

$

 

27,218

 

 

$

 

27,456

 

Non-service provider

 

 

 

88,816

 

 

 

 

55,831

 

 

 

 

144,647

 

 

 

 

82,383

 

 

 

 

60,693

 

 

 

 

143,076

 

Total

 

$

 

88,954

 

 

$

 

79,608

 

 

$

 

168,562

 

 

$

 

82,621

 

 

$

 

87,911

 

 

$

 

170,532

 

 

 

 

 

Six Months Ended

 

 

 

 

June 28, 2026

 

 

 

June 29, 2025

 

(In thousands)

 

 

Enterprise

 

 

 

Consumer

 

 

 

Total

 

 

 

Enterprise

 

 

 

Consumer

 

 

 

Total

 

Geographic regions (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

 

92,569

 

 

$

 

129,820

 

 

$

 

222,389

 

 

$

 

82,171

 

 

$

 

141,869

 

 

$

 

224,040

 

EMEA

 

 

 

54,531

 

 

 

 

15,367

 

 

 

 

69,898

 

 

 

 

51,287

 

 

 

 

15,217

 

 

 

 

66,504

 

APAC

 

 

 

25,656

 

 

 

 

9,438

 

 

 

 

35,094

 

 

 

 

28,354

 

 

 

 

13,694

 

 

 

 

42,048

 

Total

 

$

 

172,756

 

 

$

 

154,625

 

 

$

 

327,381

 

 

$

 

161,812

 

 

$

 

170,780

 

 

$

 

332,592

 

Product categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service provider and related products (2)

 

$

 

329

 

 

$

 

44,009

 

 

$

 

44,338

 

 

$

 

508

 

 

$

 

56,925

 

 

$

 

57,433

 

Non-service provider

 

 

 

172,427

 

 

 

 

110,616

 

 

 

 

283,043

 

 

 

 

161,304

 

 

 

 

113,855

 

 

 

 

275,159

 

Total

 

$

 

172,756

 

 

$

 

154,625

 

 

$

 

327,381

 

 

$

 

161,812

 

 

$

 

170,780

 

 

$

 

332,592

 

_____________________________

(1) No individual foreign country represented more than 10% of the Companys total net revenue in the periods presented.

(2) Service provider and related products net revenue in Consumer Segment included cable net revenue sold through retail. Prior-period amounts have been recast to conform to the current-period presentation.