Newegg Commerce (NEGG) Gross Profit (2010 - 2023)
Newegg Commerce (NEGG) posted Gross Profit of $49.4 million for Q4 2023, up 34.12% sequentially from $36.9 million in Q3 2023, and down 17.21% YoY from $59.7 million in Q4 2022.
Newegg Commerce (NEGG) Gross Profit (2010 - 2023) Analysis & Trends
Newegg Commerce has reported Gross Profit for 7 years, with the latest figure at $49.4 million in Q4 2023.
- Quarterly Gross Profit fell 17.21% year-over-year to $49.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $192.1 million (down 27.48% YoY) and the FY2025 annual result came in at $168.5 million, up 28.12% from the prior year.
- Gross Profit climbed to $49.4 million in Q4 2023 per NEGG's latest filing, from $36.9 million in the prior quarter.
- Over five years, Gross Profit peaked at $79.9 million in Q4 2020 and troughed at $36.9 million in Q3 2023.
- A 4-year average of $62.5 million and a median of $64.4 million in 2020 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2022: Gross Profit grew 15.27% in 2021, then plunged 42.09% in 2022.
- Over 4 years, Gross Profit stood at $79.9 million in 2020, then dropped by 0.66% to $79.4 million in 2021, then dropped by 24.79% to $59.7 million in 2022, then retreated by 17.21% to $49.4 million in 2023.
- According to Business Quant data, Gross Profit over the past three periods registered $49.4 million, $36.9 million, and $59.7 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,932.51 Bn | 2,809.52 Bn | 198.88 Bn |
| 2 | PDD Holdings | 506.99 Bn | 447.44 Bn | 9.83 Bn |
| 3 | Mercadolibre | 97.71 Bn | 82.51 Bn | 4.16 Bn |
| 4 | DoorDash | 93.07 Bn | 87.72 Bn | 2.35 Bn |
| 5 | JD.com | 87.26 Bn | 58.07 Bn | 7.66 Bn |
| 6 | Sea | 77.84 Bn | 69.32 Bn | 3.15 Bn |
| 7 | Ebay | 47.65 Bn | 44.34 Bn | 2.30 Bn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn |
| 10 | Newegg Commerce | 378,947.76 | -108.27 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 49.43 Mn |
| Dec 31, 2023 | 49.43 Mn |
| Sep 30, 2023 | 36.86 Mn |
| Sep 30, 2023 | 36.86 Mn |
| Dec 31, 2022 | 59.70 Mn |
| Dec 31, 2022 | 59.70 Mn |
| Sep 30, 2022 | 46.15 Mn |
| Sep 30, 2022 | 46.15 Mn |
| Dec 31, 2021 | 79.38 Mn |
| Dec 31, 2021 | 79.38 Mn |
| Sep 30, 2021 | 79.70 Mn |
| Sep 30, 2021 | 79.70 Mn |
| Dec 31, 2020 | 79.91 Mn |
| Dec 31, 2020 | 79.91 Mn |
| Sep 30, 2020 | 69.15 Mn |
| Sep 30, 2020 | 69.15 Mn |
| Dec 31, 2012 | 2.07 Mn |
| Dec 31, 2012 | 2.07 Mn |
| Sep 30, 2012 | 2.07 Mn |
| Sep 30, 2012 | 2.07 Mn |