Segment Information (Tables)

3 Months Ended

Mar. 30, 2025

Segment Reporting [Abstract]

Schedule of Reportable Segments and Reconciliation of Segment Contribution Income to Income (Loss) Before Income Taxes

Financial information for each reportable segment and a reconciliation of segment contribution income to income (loss) before income taxes is as follows:

	Three Months Ended
	March 30, 2025												March 31, 2024
(In thousands, except percentage data)	NETGEAR for Business			Home Networking			Mobile			Total			NETGEAR for Business			Home Networking (2)			Mobile (2)			Total
Net revenue	$	79,191		$	61,387		$	21,482		$	162,060		$	68,623		$	67,224		$	28,739		$	164,586
Cost of revenue		42,530			46,580			16,202			105,312			39,889			52,323			23,772			115,984
Gross profit		36,661			14,807			5,280			56,748			28,734			14,901			4,967			48,602
Gross margin		46.3	%		24.1	%		24.6	%		35.0	%		41.9	%		22.2	%		17.3	%		29.5	%
Operating expenses		19,026			16,529			5,023			40,578			18,830			20,060			5,948			44,838
Contribution income (loss)		17,635			(1,722	)		257			16,170			9,904			(5,159	)		(981	)		3,764
Contribution margin		22.3	%		(2.8	)%		1.2	%		10.0	%		14.4	%		(7.7	)%		(3.4	)%		2.3	%
Corporate and unallocated costs											(18,768	)											(19,806	)
Stock-based compensation expense											(5,496	)											(4,544	)
Restructuring and other charges											(4,742	)											(1,032	)
Litigation reserves, net											37												(30	)
Other income, net (1)											8,171												2,850
Loss before income taxes										$	(4,628	)										$	(18,798	)

(1)Amounts included interest income of $3.3 million and $2.5 million, and gain/(loss), net from derivatives not designated as hedging instruments of $(1.0) million and $1.5 million, for the three months ended March 30, 2025 and March 31, 2024, respectively. For the three months ended March 30, 2025, the amount also included proceeds of $4.7 million from a sale of patents.

(2)Financial information for the Home Networking segment and Mobile segment in the prior year period were recast to conform to the current reportable segment structure.

Schedule of Net Revenue by Geography

The following table shows net revenue by geography:

	Three Months Ended
(In thousands)	March 30, 2025		March 31, 2024
United States (U.S.)	$	104,039	$	107,289
Americas (excluding U.S.)		3,722		2,639
EMEA (1)		32,129		31,187
APAC (1)		22,170		23,471
Total net revenue	$	162,060	$	164,586

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

Schedule of Long-Lived Asset By Geographic Region

The following table presents the Company’s long-lived assets located in geographic areas, which consist of property and equipment, net, and operating lease right-of-use assets:

(In thousands)	March 30, 2025		December 31, 2024
United States (U.S.)	$	18,043	$	19,057
Canada		5,218		5,573
Americas (excluding U.S. and Canada)		24		39
EMEA		2,991		3,127
Singapore		4,406		4,841
APAC (excluding Singapore) (1)		6,433		6,698
Total	$	37,115	$	39,335

(1)No individual country represented more than 10% of the Company’s total long-lived assets in the periods presented.