NASDAQ : NEGG
Newegg Commerce, Inc. — Financial statements
Consumer Discretionary · Internet Retail · United States
Last price 9.84 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 206.38M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Newegg Commerce, Inc. (NEGG) reported revenue of 1.38B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.38B | 1.44B | 1.24B | 1.50B | 1.72B | 2.38B |
| Cost of Revenue | 1.20B | 1.28B | 1.10B | 1.33B | 1.50B | 2.05B |
| Gross Profit | 172.14M | 168.46M | 131.49M | 167.56M | 216.63M | 325.98M |
| Selling, General & Admin | 165.35M | 178.01M | 183.04M | 238.64M | 266.16M | 292.46M |
| Operating Expenses | 165.35M | 178.01M | 183.04M | 238.64M | 266.16M | 292.46M |
| Operating Income | 6.79M | -9.55M | -51.55M | -71.08M | -49.54M | 33.51M |
| Interest Expense | -1.48M | -1.01M | -952.00K | -2.54M | -685.00K | -612.00K |
| Interest & Investment Income | 2.08M | 2.33M | 2.72M | 2.35M | 1.16M | 1.08M |
| Earnings From Equity Investments | -7.37M | |||||
| Other Non Operating Income (Expenses) | 4.10M | 5.35M | 3.56M | 2.77M | 6.34M | 1.82M |
| EBT Excluding Unusual Items | 11.48M | -2.88M | -46.23M | -68.51M | -42.72M | 28.42M |
| Gain (Loss) on Sale of Investments | 1.62M | 6.83M | -612.00K | |||
| Gain (Loss) on Sale of Assets | 2.04M | |||||
| Pretax Income | 11.48M | -2.88M | -44.61M | -61.67M | -43.33M | 30.47M |
| Income Tax Expense | 2.15M | 2.00M | -1.28M | -2.68M | 14.10M | -5.79M |
| Earnings From Continuing Operations | 9.33M | -4.88M | -43.33M | -58.99M | -57.43M | 36.26M |
| Net Income | 9.33M | -4.88M | -43.33M | -58.99M | -57.43M | 36.26M |
| Net Income to Common | 9.33M | -4.88M | -43.33M | -58.99M | -57.43M | 36.26M |
| Shares Outstanding (Basic) | 20.97M | 20.11M | 19.29M | 18.93M | 18.65M | 18.33M |
| Shares Outstanding (Diluted) | 20.97M | 20.11M | 19.29M | 18.93M | 18.65M | 21.61M |
| EPS (Basic) | 0.44 | -0.24 | -2.25 | -3.12 | -3.08 | 1.98 |
| EPS (Diluted) | 0.44 | -0.24 | -2.25 | -3.12 | -3.08 | 1.60 |
| Free Cash Flow | 299.00K | -29.66M | -4.44M | -34.10M | 11.29M | -67.12M |
| Free Cash Flow Per Share | 0.01 | -1.48 | -0.23 | -1.80 | 0.60 | -3.11 |
| Gross Margin | 12.52% | 11.66% | 10.64% | 11.19% | 12.59% | 13.72% |
| Operating Margin | 0.49% | -0.66% | -4.17% | -4.75% | -2.88% | 1.41% |
| Profit Margin | 0.68% | -0.34% | -3.51% | -3.94% | -3.34% | 1.53% |
| Free Cash Flow Margin | 0.02% | -2.05% | -0.36% | -2.28% | 0.66% | -2.83% |
| EBITDA | 12.59M | -1.96M | -40.85M | -57.65M | -38.52M | 44.35M |
| EBITDA Margin | 0.92% | -0.14% | -3.31% | -3.85% | -2.24% | 1.87% |
| D&A For EBITDA | 5.80M | 7.59M | 10.70M | 13.44M | 11.02M | 10.84M |
| EBIT | 6.79M | -9.55M | -51.55M | -71.08M | -49.54M | 33.51M |
| EBIT Margin | 0.49% | -0.66% | -4.17% | -4.75% | -2.88% | 1.41% |
| Effective Tax Rate | 18.73% | |||||
| Advertising Expenses | 13.00M | 14.00M | 12.70M | 14.70M | 32.80M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 82.24M | 107.80M | 96.25M | 102.51M | 122.56M | 99.99M |
| Cash & Short-Term Investments | 82.24M | 107.80M | 96.25M | 102.51M | 122.56M | 99.99M |
| Accounts Receivable | 37.95M | 62.45M | 64.36M | 80.38M | 83.52M | 62.37M |
| Other Receivables | 1.00K | 2.00K | 2.45M | 3.23M | 5.17M | 1.30M |
| Receivables | 37.96M | 62.45M | 66.81M | 83.61M | 88.69M | 63.68M |
| Inventory | 187.66M | 166.26M | 98.54M | 136.16M | 156.02M | 245.08M |
| Prepaid Expenses | 10.15M | 18.34M | 14.22M | 13.42M | 17.00M | 17.95M |
| Restricted Cash | 852.00K | 850.00K | 3.49M | 3.96M | 947.00K | 4.34M |
| Other Current Assets | 2.35M | 4.91M | 4.33M | 4.78M | 5.61M | 7.93M |
| Total Current Assets | 321.21M | 360.61M | 283.64M | 344.45M | 390.82M | 438.96M |
| Property, Plant & Equipment | 90.06M | 96.97M | 111.81M | 138.63M | 129.24M | 144.73M |
| Long-Term Investments | 2.25M | 11.25M | 15.00M | |||
| Long-Term Deferred Tax Assets | 450.00K | 442.00K | 914.00K | 1.61M | 868.00K | 13.37M |
| Other Long-Term Assets | 10.74M | 10.89M | 10.95M | 12.11M | 9.92M | 14.52M |
| Total Assets | 422.46M | 468.91M | 407.32M | 499.05M | 542.10M | 626.58M |
| Accounts Payable | 122.61M | 160.25M | 148.28M | 206.59M | 207.15M | 220.78M |
| Accrued Expenses | 38.49M | 41.23M | 40.69M | 36.51M | 42.34M | 65.59M |
| Short-Term Debt | 2.21M | 6.28M | 7.07M | 7.33M | 6.06M | 6.18M |
| Current Portion of Long-Term Debt | 268.00K | 269.00K | 293.00K | |||
| Current Portion of Leases | 13.70M | 13.52M | 12.61M | 13.73M | 14.27M | 14.60M |
| Current Unearned Revenue | 30.41M | 27.15M | 26.99M | 25.61M | 31.03M | 39.77M |
| Other Current Liabilities | 8.09M | 7.93M | 6.51M | 8.66M | 9.10M | |
| Total Current Liabilities | 207.42M | 256.51M | 243.57M | 296.54M | 309.77M | 356.31M |
| Long-Term Debt | 1.11M | 1.40M | 1.84M | |||
| Long-Term Leases | 36.56M | 43.46M | 53.32M | 68.13M | 74.84M | 84.31M |
| Other Long-Term Liabilities | 7.32M | 8.23M | 4.34M | 3.88M | 863.00K | 1.84M |
| Total Liabilities | 251.30M | 308.20M | 301.23M | 369.65M | 386.87M | 444.30M |
| Common Stock | 9.16M | 9.16M | 8.51M | 8.31M | 8.23M | 8.08M |
| Additional Paid-In Capital | 347.08M | 346.74M | 289.10M | 266.77M | 232.78M | 197.61M |
| Retained Earnings | -168.88M | -178.91M | -174.03M | -130.70M | -71.71M | -14.28M |
| Comprehensive Income & Other | -16.21M | -16.29M | -17.49M | -14.99M | -14.07M | -9.13M |
| Total Common Equity | 171.16M | 160.71M | 106.09M | 129.39M | 155.22M | 182.28M |
| Shareholders' Equity | 171.16M | 160.71M | 106.09M | 129.39M | 155.22M | 182.28M |
| Total Liabilities & Equity | 422.46M | 468.91M | 407.32M | 499.05M | 542.10M | 626.58M |
| Total Debt | 52.47M | 63.25M | 73.00M | 90.56M | 96.83M | 107.23M |
| Net Cash (Debt) | 29.77M | 44.55M | 23.26M | 11.95M | 25.73M | -7.24M |
| Net Cash Per Share | 1.42 | 2.21 | 1.21 | 0.63 | 1.38 | -0.33 |
| Filing Date Shares Outstanding | 20.97M | 20.97M | 19.48M | 19.02M | 18.83M | 18.49M |
| Total Common Shares Outstanding | 20.97M | 20.97M | 19.48M | 19.02M | 18.83M | 18.49M |
| Working Capital | 113.79M | 104.10M | 40.07M | 47.91M | 81.05M | 82.65M |
| Book Value Per Share | 8.16 | 7.66 | 5.45 | 6.80 | 8.24 | 9.86 |
| Tangible Book Value | 171.16M | 160.71M | 106.09M | 129.39M | 155.22M | 182.28M |
| Tangible Book Value Per Share | 8.16 | 7.66 | 5.45 | 6.80 | 8.24 | 9.86 |
| Land | 6.95M | 6.88M | 6.96M | 2.16M | 2.38M | |
| Buildings | 45.58M | 46.81M | 49.55M | 32.72M | 35.66M | |
| Machinery | 34.85M | 34.56M | 46.68M | 58.80M | 67.14M | |
| Construction In Progress | 1.77M | 1.74M | 1.76M | 1.42M | 7.65M | |
| Leasehold Improvements | 3.16M | 3.29M | 7.95M | 8.52M | 9.99M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 9.33M | -4.88M | -43.33M | -58.99M | -57.43M | 36.26M |
| Depreciation & Amortization | 5.80M | 7.59M | 10.70M | 13.44M | 11.02M | 10.84M |
| Loss (Gain) From Sale of Assets | 44.00K | -619.00K | 600.00K | 180.00K | 431.00K | -1.96M |
| Loss (Gain) From Sale of Investments | -1.61M | -6.83M | 667.00K | 7.47M | ||
| Stock-Based Compensation | 10.42M | 21.66M | 27.25M | 33.66M | 33.94M | 6.29M |
| Provision & Write-off of Bad Debts | 153.00K | 133.00K | 1.21M | 245.00K | 697.00K | 1.72M |
| Other Operating Activities | 5.28M | 4.22M | 4.57M | 2.72M | 20.92M | -4.82M |
| Change in Accounts Receivable | -8.68M | 2.27M | 14.47M | 2.76M | -21.97M | 788.00K |
| Change in Inventory | -40.01M | -70.95M | 32.88M | 16.78M | 78.77M | -70.83M |
| Change in Accounts Payable | 4.75M | 11.61M | -57.40M | -898.00K | -14.06M | -20.07M |
| Change in Unearned Revenue | 6.84M | 22.00K | 1.63M | -5.50M | -8.94M | -7.44M |
| Change in Other Net Operating Assets | 9.58M | 1.97M | 8.20M | -1.41M | -23.56M | -11.53M |
| Operating Cash Flow | 3.50M | -26.97M | -821.00K | -3.84M | 20.48M | -53.29M |
| Capital Expenditures | -3.20M | -2.69M | -3.62M | -30.27M | -9.19M | -13.84M |
| Sale of Property, Plant & Equipment | 73.00K | 2.80M | 2.19M | 176.00K | 1.00K | 1.00K |
| Investment in Securities | 3.87M | 15.84M | 5.42M | |||
| Investing Cash Flow | -3.13M | 105.00K | 2.44M | -14.25M | -3.77M | -13.84M |
| Short-Term Debt Issued | 12.07M | 72.48M | 66.50M | 46.19M | 787.00K | |
| Total Debt Issued | 12.07M | 12.07M | 72.48M | 66.50M | 46.19M | 787.00K |
| Short-Term Debt Repaid | -13.13M | -72.47M | -65.10M | -45.74M | ||
| Long-Term Debt Repaid | -1.32M | -264.00K | -274.00K | -285.00K | ||
| Total Debt Repaid | -25.45M | -13.13M | -73.80M | -65.36M | -46.02M | -285.00K |
| Net Debt Issued (Repaid) | -13.38M | -1.06M | -1.32M | 1.14M | 172.00K | 502.00K |
| Issuance of Common Stock | 38.94M | 38.94M | 113.00K | 1.19M | 2.89M | 808.00K |
| Repurchase of Common Stock | -2.26M | -2.30M | -4.85M | -774.00K | -1.51M | |
| Other Financing Activities | 11.43M | |||||
| Financing Cash Flow | 23.30M | 35.58M | -6.05M | 1.56M | 1.55M | 12.74M |
| Foreign Exchange Rate Adjustments | -484.00K | 197.00K | -2.30M | -499.00K | 918.00K | 972.00K |
| Net Cash Flow | 23.18M | 8.91M | -6.73M | -17.03M | 19.18M | -53.42M |
| Free Cash Flow | 299.00K | -29.66M | -4.44M | -34.10M | 11.29M | -67.12M |
| Free Cash Flow Margin | 0.02% | -2.05% | -0.36% | -2.28% | 0.66% | -2.83% |
| Free Cash Flow Per Share | 0.01 | -1.48 | -0.23 | -1.80 | 0.60 | -3.11 |
| Levered Free Cash Flow | -9.22M | -32.64M | 4.75M | -16.82M | 29.03M | -80.75M |
| Unlevered Free Cash Flow | -8.29M | -32.01M | 5.35M | -15.23M | 29.46M | -80.37M |
| Cash Interest Paid | 1.06M | 1.06M | 1.40M | 1.26M | 558.00K | 268.00K |
| Cash Income Tax Paid | 379.00K | 379.00K | 223.00K | 342.00K | 4.96M | 6.37M |
| Change in Working Capital | -27.52M | -55.08M | -217.00K | 11.74M | 10.23M | -109.08M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 203.66M | 1.04B | 153.77M | 478.96M | 491.60M | 3.79B |
| Enterprise Value | 173.89M | 1.06B | 201.10M | 516.44M | 509.93M | 3.75B |
| Last Close Price | 9.84 | 50.76 | 7.93 | 25.20 | 26.20 | 207.40 |
| PE Ratio | 21.83 | 104.38 | ||||
| PS Ratio | 0.15 | 0.72 | 0.12 | 0.32 | 0.29 | 1.59 |
| PB Ratio | 1.21 | 6.47 | 1.45 | 3.70 | 3.17 | 20.77 |
| P/TBV Ratio | 1.19 | 6.47 | 1.45 | 3.70 | 3.17 | 20.77 |
| P/FCF Ratio | 683.23 | 43.54 | ||||
| P/OCF Ratio | 58.37 | 24.00 | ||||
| EV/Sales Ratio | 0.13 | 0.73 | 0.16 | 0.34 | 0.30 | 1.58 |
| EV/EBITDA Ratio | 13.87 | 84.53 | ||||
| EV/EBIT Ratio | 25.71 | 111.87 | ||||
| EV/FCF Ratio | 583.68 | 45.17 | ||||
| Debt / Equity Ratio | 0.31 | 0.39 | 0.69 | 0.70 | 0.62 | 0.59 |
| Debt / EBITDA Ratio | 1.81 | 3.85 | 1.66 | |||
| Debt / FCF Ratio | 175.49 | 8.58 | ||||
| Net Debt / Equity Ratio | -0.17 | -0.28 | -0.22 | -0.09 | -0.17 | 0.04 |
| Net Debt / EBITDA Ratio | -2.37 | 22.77 | 0.57 | 0.21 | 0.67 | 0.16 |
| Net Debt / FCF Ratio | -99.56 | 1.50 | 5.24 | 0.35 | -2.28 | -0.11 |
| Asset Turnover | 3.46 | 3.30 | 2.73 | 2.88 | 2.94 | 4.01 |
| Inventory Turnover | 7.07 | 9.64 | 9.41 | 9.10 | 7.50 | 9.60 |
| Quick Ratio | 0.58 | 0.66 | 0.67 | 0.63 | 0.68 | 0.46 |
| Current Ratio | 1.55 | 1.41 | 1.17 | 1.16 | 1.26 | 1.23 |
| Return on Equity (ROE) | 6.54% | -3.66% | -36.80% | -41.45% | -34.03% | 23.41% |
| Return on Assets (ROA) | 1.07% | -1.36% | -7.11% | -8.53% | -5.30% | 3.54% |
| Return on Invested Capital (ROIC) | 3.57% | -9.59% | -51.48% | -57.57% | -31.06% | 30.92% |
| Return on Capital Employed (ROCE) | 3.20% | -4.50% | -31.50% | -35.10% | -21.30% | 12.40% |
| Earnings Yield | 4.58% | -0.47% | -28.18% | -12.32% | -11.68% | 0.96% |
| FCF Yield | 0.15% | -2.85% | -2.89% | -7.12% | 2.30% | -1.77% |
| Buyback Yield / Dilution | -7.56% | -4.30% | -1.89% | -1.47% | 13.69% | -12.27% |