Financial Performance: Newegg reported a 12.6% increase in net sales to $695.7 million and a 14% rise in gross merchandise value (GMV) to $849.1 million for the first half of 2025, compared to the same period in 2024.
Product Demand: The growth was primarily driven by strong demand for new GPUs and CPUs, particularly the NVIDIA GeForce RTX 50 Series and AMD Ryzen 9000X3D Series, which boosted organic traffic and cross-category purchasing.
Operational Improvements: Adjusted EBITDA improved significantly to $11.3 million from a loss of $7.3 million in the previous year, aided by strategic cost optimization measures and reduced selling, general, and administrative expenses.
Future Outlook: Newegg plans to launch new products and expand its offerings in the second half of 2025 while focusing on optimizing supply chain strategies amidst ongoing macroeconomic challenges.
NEGG
$58.86+Infinity%1D
Analyst Views on NEGG
About NEGG
Newegg Commerce, Inc. is a global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. The Company also serves businesses' e-commerce needs with marketing, supply chain, and technical solutions in a single platform. It has developed an online marketplace that delivers value to consumers, brands and sellers in the technology products sector. Additionally, the Company's platforms offer a comprehensive suite of e-commerce solutions, including product listing, fulfillment, marketing, customer service and other value-added tools and services. Its core customers include both its business-to-consumer (B2C) customers and its business-to-business (B2B) customers. The Company's B2C Platforms include Newegg.com, Newegg.ca, Newegg Global and Mobile apps. NeweggBusiness.com, its B2B e-commerce platform, offers a full range of information technology, office and industrial products and solutions for various customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
