Newegg Commerce (NEGG) Gross Margin: 2009-2024
Historic Gross Margin for Newegg Commerce (NEGG) over the last 16 years, with FY2024 value amounting to 10.64%.
- 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.
- Newegg Commerce's Gross Margin amounted to 10.64% in FY2024, which was down 5500.0% from 11.19% recorded in FY2023.
- Over the past 5 years, Newegg Commerce's Gross Margin peaked at 13.72% during FY2021, and registered a low of 10.64% during FY2024.
- Over the past 5 years, Newegg Commerce's median Gross Margin value was 12.59% (recorded in 2022), while the average stood at 12.22%.
- As far as peak fluctuations go, Newegg Commerce's Gross Margin surged by 21900bps in 2020, and later tumbled by -14000bps in 2023.
- Annual analysis of 5 years shows Newegg Commerce's Gross Margin stood at 12.94% in 2020, then increased by 6bps to 13.72% in 2021, then fell by -8bps to 12.59% in 2022, then dropped by -11bps to 11.19% in 2023, then fell by -5bps to 10.64% in 2024.
- Its Gross Margin stands at 10.64% for FY2024, versus 11.19% for FY2023 and 12.59% for FY2022.