Newegg Commerce (NEGG) Gross Margin (2010 - 2026)
Newegg Commerce (NEGG) posted Gross Margin of 10.84% for Q4 2023, down 6.62% sequentially from 11.61% in Q3 2023, and down 159.0% YoY from 18.37% in Q4 2022.
Analysis
Newegg Commerce (NEGG) Gross Margin (2010 - 2026) Analysis & Trends
Newegg Commerce has reported Gross Margin for 7 years, with the latest figure at 10.84% in Q4 2023.
- Quarterly Gross Margin fell 159.0% year-over-year to 10.84% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 11.98% (down 127.0% YoY) and the FY2025 annual result came in at 11.66%, up 102.0% from the prior year.
- Gross Margin eased to 10.84% in Q4 2023 per NEGG's latest filing, from 11.61% in the prior quarter.
- Over five years, Gross Margin peaked at 14.74% in Q3 2021 and troughed at 10.84% in Q4 2023.
- A 4-year average of 12.42% and a median of 12.45% in 2020 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2023: Gross Margin soared 225 bps in 2021, then tumbled 161 bps in 2023.
- Over 4 years, Gross Margin stood at 11.45% in 2020, then climbed by 10 bps to 12.63% in 2021, then slipped by 2 bps to 12.42% in 2022, then dropped by 13 bps to 10.84% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 10.84%, 11.61%, and 12.42% for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn | 52.05% |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn | 57.06% |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn | 40.90% |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn | 52.69% |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn | 45.58% |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn | 73.45% |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn | 16.91% |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn | 28.16% |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn | 29.95% |
| 10 | Newegg Commerce | 2.70 Mn | -80.39 Mn | 39.75 Mn | 12.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.40% |
| Jun 30, 2025 | 11.52% |
| Sep 30, 2023 | 11.61% |
| Sep 30, 2022 | 13.22% |
| Sep 30, 2021 | 14.74% |
| Sep 30, 2020 | 12.48% |
| Dec 31, 2012 | 37.29% |
| Sep 30, 2012 | 37.39% |
| Jun 30, 2012 | 39.24% |
| Mar 31, 2012 | 37.43% |
| Dec 31, 2011 | 31.91% |
| Sep 30, 2011 | 42.49% |
| Jun 30, 2011 | 36.84% |
| Mar 31, 2011 | 33.78% |
| Dec 31, 2010 | 36.94% |
| Sep 30, 2010 | 41.40% |
| Jun 30, 2010 | 39.74% |