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Newegg Announces First Quarter 2026 Results

$NEGGPress releaseMay 28, 2026, 9:00 AM ETRead the release

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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