Newegg Commerce (NEGG) EBIT (2010 - 2023)
Newegg Commerce (NEGG) posted EBIT of -$17.7 million for Q4 2023, up 6.15% sequentially from -$18.8 million in Q3 2023, and down 119.75% YoY from $89.4 million in Q4 2022.
Newegg Commerce (NEGG) EBIT (2010 - 2023) Analysis & Trends
Newegg Commerce has reported EBIT for 7 years, with the latest figure at -$17.7 million in Q4 2023.
- Quarterly EBIT fell 119.75% year-over-year to -$17.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$57.8 million (down 465.76% YoY) and the FY2025 annual result came in at -$9.5 million, up 81.48% from the prior year.
- EBIT improved to -$17.7 million in Q4 2023 per NEGG's latest filing, from -$18.8 million in the prior quarter.
- Over five years, EBIT peaked at $8.0 million in Q3 2021 and troughed at -$18.8 million in Q3 2023.
- A 4-year average of -$5.1 million and a median of -$3.5 million in 2020 frame the typical range for EBIT.
- The sharpest annual moves came in 2021 and 2022: EBIT soared 187.88% in 2021, then plunged 358.26% in 2022.
- Over 4 years, EBIT stood at $1.1 million in 2020, then jumped by 187.88% to $3.1 million in 2021, then slumped by 358.26% to -$8.0 million in 2022, then sank by 119.75% to -$17.7 million in 2023.
- According to Business Quant data, EBIT over the past three periods registered -$17.7 million, -$18.8 million, and -$8.0 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,934.50 Bn | 2,811.51 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 507.07 Bn | 447.53 Bn | 9.83 Bn | 3.96 Bn |
| 3 | Mercadolibre | 97.53 Bn | 82.34 Bn | 4.16 Bn | 683.00 Mn |
| 4 | DoorDash | 93.15 Bn | 87.80 Bn | 2.35 Bn | 156.00 Mn |
| 5 | JD.com | 87.38 Bn | 58.20 Bn | 7.66 Bn | 549.62 Mn |
| 6 | Sea | 78.04 Bn | 69.52 Bn | 3.15 Bn | 5.70 Bn |
| 7 | Ebay | 47.73 Bn | 44.42 Bn | 2.30 Bn | 676.00 Mn |
| 8 | Coupang | 29.85 Bn | 23.74 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | -3.25 Mn |
| 10 | Newegg Commerce | 376,634.66 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -17.66 Mn |
| Sep 30, 2023 | -18.82 Mn |
| Dec 31, 2022 | -8.04 Mn |
| Sep 30, 2022 | -13.28 Mn |
| Dec 31, 2021 | 3.11 Mn |
| Sep 30, 2021 | 7.99 Mn |
| Dec 31, 2020 | 1.08 Mn |
| Sep 30, 2020 | 4.61 Mn |
| Dec 31, 2012 | 592,671.00 |
| Sep 30, 2012 | 1.41 Mn |
| Jun 30, 2012 | 1.93 Mn |
| Mar 31, 2012 | 454,820.00 |
| Dec 31, 2011 | -269,682.00 |
| Sep 30, 2011 | 1.66 Mn |
| Jun 30, 2011 | 1.93 Mn |
| Mar 31, 2011 | 298,368.00 |
| Dec 31, 2010 | 1.52 Mn |
| Sep 30, 2010 | 1.61 Mn |
| Jun 30, 2010 | 1.36 Mn |