Newegg Commerce (NEGG) Operating Income (2010 - 2023)
Newegg Commerce (NEGG) posted Operating Income of -$17.7 million for Q4 2023, up 6.15% sequentially from -$18.8 million in Q3 2023, and down 119.75% YoY from $89.4 million in Q4 2022.
Newegg Commerce (NEGG) Operating Income (2010 - 2023) Analysis & Trends
Newegg Commerce has reported Operating Income for 7 years, with the latest figure at -$17.7 million in Q4 2023.
- Quarterly Operating Income fell 119.75% year-over-year to -$17.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$57.8 million (down 465.76% YoY) and the FY2025 annual result came in at -$9.5 million, up 81.48% from the prior year.
- Operating Income improved to -$17.7 million in Q4 2023 per NEGG's latest filing, from -$18.8 million in the prior quarter.
- Over five years, Operating Income peaked at $8.0 million in Q3 2021 and troughed at -$18.8 million in Q3 2023.
- A 4-year average of -$5.1 million and a median of -$3.5 million in 2020 frame the typical range for Operating Income.
- The sharpest annual moves came in 2021 and 2022: Operating Income soared 187.88% in 2021, then plunged 358.26% in 2022.
- Over 4 years, Operating Income stood at $1.1 million in 2020, then jumped by 187.88% to $3.1 million in 2021, then slumped by 358.26% to -$8.0 million in 2022, then sank by 119.75% to -$17.7 million in 2023.
- According to Business Quant data, Operating Income over the past three periods registered -$17.7 million, -$18.8 million, and -$8.0 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,935.79 Bn | 2,812.80 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 506.20 Bn | 446.66 Bn | 9.83 Bn | 3.96 Bn |
| 3 | Mercadolibre | 98.23 Bn | 83.04 Bn | 4.16 Bn | 683.00 Mn |
| 4 | DoorDash | 93.16 Bn | 87.81 Bn | 2.35 Bn | 156.00 Mn |
| 5 | JD.com | 86.95 Bn | 57.77 Bn | 7.66 Bn | 552.00 Mn |
| 6 | Sea | 77.92 Bn | 69.41 Bn | 3.15 Bn | 5.70 Bn |
| 7 | Ebay | 47.22 Bn | 43.92 Bn | 2.30 Bn | 676.00 Mn |
| 8 | Coupang | 29.65 Bn | 23.54 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | -3.26 Mn |
| 10 | Newegg Commerce | 374,120.41 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -17.66 Mn |
| Sep 30, 2023 | -18.82 Mn |
| Dec 31, 2022 | -8.04 Mn |
| Sep 30, 2022 | -13.28 Mn |
| Dec 31, 2021 | 3.11 Mn |
| Sep 30, 2021 | 7.99 Mn |
| Dec 31, 2020 | 1.08 Mn |
| Sep 30, 2020 | 4.61 Mn |
| Dec 31, 2012 | 592,671.00 |
| Sep 30, 2012 | 1.41 Mn |
| Jun 30, 2012 | 1.93 Mn |
| Mar 31, 2012 | 454,820.00 |
| Dec 31, 2011 | -269,682.00 |
| Sep 30, 2011 | 1.66 Mn |
| Jun 30, 2011 | 1.93 Mn |
| Mar 31, 2011 | 298,368.00 |
| Dec 31, 2010 | 1.52 Mn |
| Sep 30, 2010 | 1.61 Mn |
| Jun 30, 2010 | 1.36 Mn |