NTGR (Netgear) Research & Development: $89.1 Mil (TTM As of Mar. 2026)


NTGR Netgear Inc NTGR
69 GF Score
Price $23.02
GF Value $21.24
Valuation Fairly Valued
! 3 Warning Signs
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What is Netgear Research & Development?

Netgear NTGR -0.84% 69 Research & Development is $89.1 Mil as of Mar. 2026. GuruFocus rates NTGR with a GF Score™ of 69/100 and a GF Value™ of $21.24 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Netgear's Research & Development for the three months ended in Mar. 2026 was $21.7 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $89.1 Mil.

Netgear  (NAS:NTGR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Netgear Research & Development Related Terms

Netgear Research & Development Historical Data

* Premium members only.

The historical data trend for Netgear's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Netgear Research & Development Chart

Netgear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.97 88.44 83.30 81.08 85.72

Netgear Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.31 20.85 23.33 23.24 21.67
NTGR
69GF Score
Netgear Inc NTGR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Netgear Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $89.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $89.1 Mil mean?
Netgear (NTGR) has a Research & Development of $89.1 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Netgear and its competitors.
Is Netgear's Research & Development too high?
Netgear's current Research & Development is $89.1 Mil. Overall, Netgear has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Netgear's Research & Development compare to FEIM and CLFD?
Netgear's Research & Development of $89.1 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Netgear and its competitors. Netgear's current Research & Development is $89.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgear stock overvalued right now?
Based on GuruFocus' analysis, Netgear (NTGR) is currently considered Fairly Valued. The stock's GF Value™ is $21.24, compared to a current price of $23.02 — trading 8.4% above its estimated fair value. The current Research & Development is $89.1 Mil. Netgear's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Netgear (NTGR), the current Research & Development is $89.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netgear (NTGR) Overvalued in 2026?

Based on GuruFocus' analysis, Netgear stock appears to be overvalued. The current stock price of $23.02 is trading 8.4% above its estimated GF Value™ of $21.24. GuruFocus considers Netgear to be Fairly Valued.

Key valuation signals for NTGR:

  • Research & Development: $89.1 Mil
  • GF Value™: $21.24 vs. price of $23.02 (8.4% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the NTGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Netgear Business Description

Other Exchanges NGJ:Germany
Address 3553 North First Street, San Jose, CA, USA, 95134
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: Enterprise and Consumer which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Home Networking and Mobile offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
69GF Score

Get the complete analysis for NTGR

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.02
Price
$21.24
GF Value