Newegg Commerce (NEGG) Gross Margin (2010 - 2023)
Newegg Commerce's (NEGG) quarterly Gross Margin came in at 10.84% in Q4 2023, down 159.0% year-on-year from 18.37% in Q4 2022, and down 6.62% quarter-over-quarter from 11.61% in Q3 2023.
Newegg Commerce (NEGG) Gross Margin (2010 - 2023) Analysis & Trends
Newegg Commerce has disclosed Gross Margin across 7 years of filings, most recently posting 10.84% for Q4 2023.
- Gross Margin for Q4 2023 came in at 10.84%, down 159.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 11.98% (down 127.0% YoY), and the FY2025 annual result was 11.66%, up 102.0% from the prior year.
- Gross Margin came in at 10.84% for Q4 2023 at Newegg Commerce, down from 11.61% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 14.74% in Q3 2021 to a low of 10.84% in Q4 2023.
- The 4-year median for Gross Margin is 12.45% (2020), against an average of 12.42%.
- Across the five-year window, Gross Margin jumped 225 bps in 2021 and tumbled 161 bps in 2023, its largest moves.
- Newegg Commerce's Gross Margin stood at 11.45% in 2020, then gained by 10 bps to 12.63% in 2021, then retreated by 2 bps to 12.42% in 2022, then decreased by 13 bps to 10.84% in 2023.
- The last three Gross Margin figures came in at 10.84% (Q4 2023), 11.61% (Q3 2023), and 12.42% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 94.32% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 43.66% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 50.64% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 72.28% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 74.04% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 27.01% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 93.10% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 30.02% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 72.42% |
| 10 | Newegg Commerce | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 10.84% |
| Sep 30, 2023 | 11.61% |
| Dec 31, 2022 | 12.42% |
| Sep 30, 2022 | 13.22% |
| Dec 31, 2021 | 12.63% |
| Sep 30, 2021 | 14.74% |
| Dec 31, 2020 | 11.45% |
| 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% |