Newegg Commerce (NEGG) Gross Margin: 2009-2023
Historic Gross Margin for Newegg Commerce (NEGG) over the last 7 years, with Q4 2023 value amounting to 10.84%.
- Newegg Commerce's Gross Margin fell 15900.0% to 10.84% in Q4 2023 from the same period last year, while for Dec 2023 it was 15.32%, marking a year-over-year decrease of 28500.0%. This contributed to the annual value of 10.64% for FY2024, which is 5500.0% down from last year.
- Per Newegg Commerce's latest filing, its Gross Margin stood at 10.84% for Q4 2023, which was down 15900.0% from 11.61% recorded in Q3 2023.
- In the past 5 years, Newegg Commerce's Gross Margin ranged from a high of 14.74% in Q3 2021 and a low of 10.84% during Q4 2023
- Moreover, its 3-year median value for Gross Margin was 12.52% (2021), whereas its average is 12.57%.
- In the last 5 years, Newegg Commerce's Gross Margin tumbled by -2000bps in 2022 and then crashed by -16100bps in 2023.
- Over the past 3 years, Newegg Commerce's Gross Margin (Quarter) stood at 12.63% in 2021, then decreased by -2bps to 12.42% in 2022, then decreased by -13bps to 10.84% in 2023.
- Its Gross Margin was 10.84% in Q4 2023, compared to 11.61% in Q3 2023 and 12.42% in Q4 2022.