NETGEAR, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-17.9M | $12.4M | $-104.8M | $-69.0M | $49.4M | $58.3M | $25.8M | $-9.2M |
| Depreciation & Amortization | $8.0M | $6.5M | $7.2M | $10.1M | $13.9M | $18.9M | $19.4M | $18.9M |
| Depreciation | $6.8M | $6.5M | $6.9M | $9.5M | $11.7M | $12.7M | $12.3M | $10.5M |
| Amortization | $1.2M | $0 | $257.0K | $500.0K | $2.0M | $6.2M | $7.0M | $8.3M |
| Stock-Based Compensation | $29.7M | $22.7M | $17.9M | $17.7M | $26.0M | $30.5M | $29.1M | $26.5M |
| Net Cash from Operating Activities | $1.6M | $164.8M | $56.9M | $-13.7M | $-4.6M | $181.2M | $13.5M | $-103.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.5M | $9.0M | $5.8M | $5.8M | $9.9M | $10.3M | $14.2M | $12.3M |
| Business Acquisitions | $12.2M | $0 | $0 | — | — | $0 | $0 | $14.4M |
| Net Cash from Investing Activities | $-22.6M | $-26.2M | $-27.4M | $-79.5M | $-10.0M | $-16.8M | $49.5M | $-43.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $50.7M | $33.1M | $0 | $24.4M | $75.0M | $23.8M | $75.9M | $30.0M |
| Net Cash from Financing Activities | $-55.5M | $-28.9M | $797.0K | $-24.0M | $-68.1M | $-8.1M | $-73.8M | $144.6M |
| Net Change in Cash | $-76.5M | $109.7M | $30.2M | $-117.3M | $-82.7M | $156.3M | $-10.8M | $-1.8M |
| Free Cash Flow | $-18.9M | $155.8M | $51.1M | $-19.5M | $-14.4M | $170.9M | $-705.0K | $-115.5M |