The networking hardware firm cites a 200 bps gross margin headwind for the second half of the year.
Netgear projected third-quarter revenue in the range of $165M to $175M, reflecting ongoing operational challenges. The company highlighted a 200 basis point gross margin headwind expected in the second half of the year, impacting profitability.
In Q2 2026, Netgear reported results above the high end of its guidance, demonstrating disciplined execution and strong profitability. The firm emphasized progress on strategic priorities outlined earlier in the year, though margin pressures persist.
No immediate market reaction was detailed in the earnings call insights.