Newegg Commerce, Inc. (NEGG) Income Statement
NEGG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNEGG revenue and net income
Where NEGG's revenue goes
2025Each bar shows an amount and its share of revenue. NEGG kept −0.3% of revenue as net income.
NEGG profit margins
NEGG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +16.9% | −5.7% | −7.3% | +86.9% |
| Gross profit | +39.5% | −8.0% | −9.2% | +67.1% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NEGG quarterly EPS vs estimates
Newegg Commerce beat the analyst EPS estimate in 4 of the last 7 quarters.
NEGG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.24B | $1.50B | $1.72B | $2.38B | $2.11B | $1.53B | $559,386 | $882,011 | $13.1M |
| Cost of revenue | $1.28B | $1.11B | $1.33B | $1.50B | $2.05B | $1.84B | $1.37B | $1.2M | $1.7M | $17.2M |
| Gross profit | $168.5M | $120.8M | $167.6M | $216.6M | $326.0M | $273.6M | $164.9M | −$612,330 | −$773,959 | −$4.1M |
| Research & development | — | — | — | — | — | — | — | $301,713 | $344,575 | $1.2M |
| Sales, general & admin | $170.4M | $172.3M | $238.6M | $266.2M | $292.5M | $250.2M | $203.4M | $7.9M | $1.17B | $2.0M |
| Total operating expenses | $178.0M | $172.0M | $238.6M | $266.2M | $292.5M | $250.2M | $200.9M | $5.4M | $4.3M | $5.0M |
| Operating income | −$9.5M | −$51.6M | −$71.1M | −$49.5M | $33.5M | $23.4M | −$3.8M | −$6.0M | −$5.1M | −$9.1M |
| Interest income | $2.3M | $2.7M | $2.3M | $1.2M | $1.1M | $1,960 | $616,390 | $561,970 | $172,670 | $402,490 |
| Interest expense | $1.0M | $952,000 | $2.5M | $685,000 | $612,000 | $664,000 | $2.9M | $561,970 | $172,670 | $402,490 |
| Income before taxes | −$2.9M | −$44.6M | −$61.7M | −$43.3M | $30.5M | $32.4M | −$12.4M | −$8.9M | −$5.1M | −$9.7M |
| Income taxes | $2.0M | −$1.3M | −$2.7M | $14.1M | −$5.8M | $1.9M | $4.6M | $1.6M | $247,000 | −$95,026 |
| Net income | −$4.9M | −$43.3M | −$59.0M | −$57.4M | $36.3M | $30.4M | −$17.0M | −$8.9M | −$5.1M | −$9.6M |
| EBITDA | $5.7M | −$33.0M | −$45.7M | −$31.6M | $41.9M | $38.9M | −$3.7M | −$8.0M | −$3.8M | −$8.3M |
| EPS (diluted) | −$0.23 | −$2.22 | −$1.53 | −$0.09 | $0.08 | −$0.96 | −$0.25 | −$0.51 | −$0.29 | −$1.30 |
| Gross margin | 11.7% | 9.8% | 11.2% | 12.6% | 13.7% | 12.9% | 10.7% | −109.5% | −87.7% | −31.5% |
| Operating margin | −0.7% | −4.2% | −4.7% | −2.9% | 1.4% | 1.1% | −0.2% | −1,068.9% | −579.7% | −69.5% |
| Net margin | −0.3% | −3.5% | −3.9% | −3.3% | 1.5% | 1.4% | −1.1% | −1,592.8% | −582.4% | −73.9% |
| Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $320.4M | $306.2M | $374.4M | $348.5M | $347.2M | $308.7M | $309.1M | $309.1M | $456.1M | $317.6M | $361.6M | $361.6M |
| Cost of revenue | $281.9M | $262.5M | $330.1M | $308.4M | $307.5M | $274.5M | $277.5M | $277.5M | $406.7M | $280.7M | $321.0M | $321.0M |
| Gross profit | $38.5M | $43.7M | $44.3M | $40.1M | $39.7M | $34.2M | $31.6M | $31.6M | $49.4M | $36.9M | $40.6M | $40.6M |
| Sales, general & admin | $38.3M | $38.8M | $45.3M | $44.2M | $38.0M | $45.0M | — | $50.6M | $53.6M | $55.7M | — | $64.7M |
| Total operating expenses | $37.2M | $36.3M | $45.3M | $44.2M | $43.2M | $45.0M | $46.5M | $46.5M | $473.8M | $55.7M | $56.4M | $56.4M |
| Operating income | $1.3M | $7.4M | −$1.0M | −$4.0M | −$3.5M | −$10.8M | −$15.0M | −$15.0M | −$17.6M | −$18.8M | −$17.3M | −$17.3M |
| Interest income | $407,000 | $402,000 | — | $519,000 | $539,000 | — | — | — | $608,000 | $919,000 | — | — |
| Interest expense | $368,000 | $568,000 | — | $280,000 | $186,000 | — | — | $1.6M | $1.6M | $446,000 | — | $112,000 |
| Income before taxes | $2.3M | $8.4M | $364,500 | −$1.2M | −$2.4M | −$11.3M | −$14.8M | −$14.8M | −$14.7M | −$15.8M | −$15.6M | −$15.6M |
| Income taxes | $90,000 | $631,000 | $714,500 | $522,000 | $52,000 | −$2.2M | −$2.3M | −$2.3M | — | −$1.2M | −$892,500 | −$892,500 |
| Net income | $2.2M | $7.8M | −$350,000 | −$1.7M | −$2.5M | −$9.2M | −$12.5M | −$12.5M | −$15.0M | −$14.7M | −$14.7M | −$14.7M |
| EBITDA | $2.6M | $10.4M | $578,001 | $1.2M | $107,000 | −$8.3M | −$12.1M | −$12.1M | — | −$12.1M | −$14.1M | −$14.1M |
| EPS (diluted) | — | — | — | −$0.21 | −$0.96 | $0.00 | −$0.08 | −$0.04 | $0.00 | −$0.04 | $0.00 | −$1.49 |
| Gross margin | 12.0% | 14.3% | 11.8% | 11.5% | 11.4% | 11.1% | 10.2% | 10.2% | 10.8% | 11.6% | 11.2% | 11.2% |
| Operating margin | 0.4% | 2.4% | −0.3% | −1.2% | −1.0% | −3.5% | −4.8% | −4.8% | −3.9% | −5.9% | −4.8% | −4.8% |
| Net margin | 0.7% | 2.5% | −0.1% | −0.5% | −0.7% | −3.0% | −4.0% | −4.0% | −3.3% | −4.6% | −4.1% | −4.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NEGG's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NEGG financial results
In fiscal year 2025 (ended December 31, 2025), Newegg Commerce reported revenue of $1.4 billion, up 16.9% from the year before. It had a net loss of $4.9 million, a net profit margin of −0.3%. Diluted earnings per share came to −$0.23. Over five years revenue grew at an average rate of −7.3% a year.
See the NEGG stock overview for the latest quote and news, or the NEGG chart for price history and technical indicators.
NEGG income statement FAQ
What is Newegg Commerce's annual revenue?
Newegg Commerce reported total revenue of $1.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 16.9% from $1.2 billion the previous year.
Is Newegg Commerce profitable?
No. Newegg Commerce reported a net loss of $4.9 million in fiscal 2025, a net profit margin of −0.3%; its operating margin was −0.7%.
What is Newegg Commerce's gross margin?
Newegg Commerce's gross margin was 11.7% in fiscal 2025: for every $100 of revenue, Newegg Commerce kept $12 after the direct cost of its products and services.
How fast is Newegg Commerce growing?
Revenue grew −7.3% a year on average over the last five fiscal years, from $2.1 billion to $1.4 billion.
What are Newegg Commerce's earnings per share?
Newegg Commerce earned $-0.23 per diluted share in fiscal 2025, compared with $-2.22 a year earlier.
When does Newegg Commerce's fiscal year end?
Newegg Commerce's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 28, 2026.