Newegg Commerce (NEGG) Construction in Progress (2018 - 2022)

Newegg Commerce has reported Construction in Progress for 5 years, with the latest figure at $2.5 million in Q3 2022.

• Quarterly Construction in Progress fell 64.47% year-over-year to $2.5 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $2.5 million (down 64.47% YoY) and the FY2021 annual result came in at $7.7 million, down 17.23% from the prior year.
• Construction in Progress declined to $2.5 million in Q3 2022 per NEGG's latest filing, from $5.3 million in the prior quarter.
• Over five years, Construction in Progress peaked at $9.2 million in Q4 2020 and troughed at $223772.0 in Q4 2018.
• A 5-year average of $5.0 million and a median of $6.2 million in 2021 frame the typical range for Construction in Progress.
• The sharpest annual moves came in 2021 and 2022: Construction in Progress decreased 17.23% in 2021, then slumped 64.47% in 2022.
• Over 5 years, Construction in Progress stood at $223772.0 in 2018, then rose by 0.17% to $224147.0 in 2019, then jumped by 4025.42% to $9.2 million in 2020, then fell by 17.23% to $7.7 million in 2021, then plunged by 66.71% to $2.5 million in 2022.
• According to Business Quant data, Construction in Progress over the past three periods registered $2.5 million, $5.3 million, and $7.7 million for Q3 2022, Q2 2022, and Q4 2021 respectively.