Newegg Announces First Quarter 2026 Results
Newegg reported Q1 2026 revenue of $306.2 million, down 11.8% year-over-year, as memory supply constraints and pricing pressure weighed on top-line growth. Despite the revenue decline, profitability improved sharply: net income turned positive at $7.8 million compared to a $2.5 million loss a year ago, and adjusted EBITDA nearly doubled to $10.0 million.
Key figures
- Eps
- 0
- Eps Beat
- 0
- Revenue
- 306238000
- Revenue Yoy
- -11.8%
- Gmv
- 377500000
- Gmv yoy
- -12.1%
- Net income
- 7805000
- Gross profit
- 43727000
- Adjusted ebitda
- 10000000
- Gross profit yoy
- 10.3%
- Operating income
- 7390000
- Average order value
- 470
- Repeat purchase rate
- 17.59%
- Adjusted ebitda prior
- 5400000
AI analysis
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