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Revenue (Tables)

9 Months Ended

Sep. 29, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Remaining Performance Obligations

(In thousands)		Less than 1 year				1 to 2 years				Beyond 2 years				Total
Performance obligations		$	66,991			$	3,546			$	2,209			$	72,746

Schedule of Contract Balances

The following table reflects the contract balances:

(In thousands)		Balance Sheet Location		September 29, 2024				December 31, 2023
Accounts receivable, net		Accounts receivable, net		$	177,326			$	185,059
Contract liabilities – current		Deferred revenue		$	29,596			$	27,091
Contract liabilities – non-current		Other non-current liabilities		$	5,472			$	4,903

Schedule of Net Revenue Disaggregated by Geographical Region and Sales Channel

In the following tables, net revenue is disaggregated by geographic region and sales channel. 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. The Company operates and reports in two segments: NETGEAR for Business (formerly known as Small and Medium Business, or SMB) and Connected Home. Sales and usage-based taxes are excluded from net revenue.

		Three Months Ended
		September 29, 2024												October 1, 2023
(In thousands)		NETGEAR for Business				Connected Home				Total				NETGEAR for Business				Connected Home				Total
Geographic regions (1) :
Americas		$	42,035			$	85,717			$	127,752			$	36,323			$	104,695			$	141,018
EMEA			22,975				9,823				32,798				24,786				10,898				35,684
APAC			13,520				8,784				22,304				9,401				11,742				21,143
Total		$	78,530			$	104,324			$	182,854			$	70,510			$	127,335			$	197,845
Sales channels:
Service provider		$	268			$	22,949			$	23,217			$	219			$	32,403			$	32,622
Non-service provider			78,262				81,375				159,637				70,291				94,932				165,223
Total		$	78,530			$	104,324			$	182,854			$	70,510			$	127,335			$	197,845

		Nine Months Ended
		September 29, 2024												October 1, 2023
(In thousands)		NETGEAR for Business				Connected Home				Total				NETGEAR for Business				Connected Home				Total
Geographic regions (1):
Americas		$	103,189			$	229,994			$	333,183			$	113,172			$	266,379			$	379,551
EMEA			64,549				26,791				91,340				76,744				34,279				111,023
APAC			39,282				27,535				66,817				33,763				27,829				61,592
Total		$	207,020			$	284,320			$	491,340			$	223,679			$	328,487			$	552,166
Sales channels:
Service provider		$	713			$	70,234			$	70,947			$	427			$	71,346			$	71,773
Non-service provider			206,307				214,086				420,393				223,252				257,141				480,393
Total		$	207,020			$	284,320			$	491,340			$	223,679			$	328,487			$	552,166

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

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
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