Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
NEGG · Nasdaq · United States · Retail-Retail Stores, Nec
In shortNewegg Commerce, Inc. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -0.7% | 14/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -0.3% | 19/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -3.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.41× | 50/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -9.46× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.62 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -2.1% | 12/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 19.4% | 39/100 |
| Operating margin volatility | 2.6% | 86/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -5.7% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,376 | 1,720 | 1,497 | 1,236 | 1,444 |
| Cost of revenue | 140 | 224 | 215 | 166 | 177 |
| Gross profit | 326 | 217 | 168 | 131 | 168 |
| Selling, general & admin | 292 | 266 | 239 | 183 | 178 |
| Operating income | 34 | (50) | (71) | (52) | (9.5) |
| Interest expense | 0.6 | 0.7 | 2.5 | 1 | 1 |
| Pre-tax income | 30 | (43) | (62) | (45) | (2.9) |
| Income tax | (5.8) | 14 | (2.7) | (1.3) | 2 |
| Net income | 36 | (57) | (59) | (43) | (4.9) |
| Diluted EPS | $0.08 | −$3.08 | −$3.12 | −$2.25 | −$0.24 |
| Diluted shares (millions) | 0.4 | 0 | 0 | 0 | 0 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Newegg Commerce, Inc. are included in the Investor plan. Try free for 7 days →
0.62 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 28, 2026