Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Newegg Commerce, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
13.1
0.88
0.56
1,534
2,115
2,376
1,720
1,497
1,236
1,444
Cost of revenue
17.2
1.66
0.76
1,369
136
140
224
215
166
177
Gross profit
-4.12
-0.77
-0.2
165
274
326
217
168
131
168
Selling, general and administrative
229
250
292
266
239
183
178
Selling and marketing
1.17
2.08
0.84
0.09
1.5
1.3
0.8
0.4
0.8
General and administrative
4.18
3.19
3.68
2.59
2.48
Operating income
-9.08
-5.06
-9.26
-36
23.4
33.5
-49.5
-71.1
-51.6
-9.55
Interest expense
0.03
2.95
0.66
0.61
0.69
2.54
0.95
1.01
Interest income
0.59
1.12
1.08
1.16
2.35
2.72
2.33
Pre-tax income
-9.7
-5.14
-8.91
-4.45
-3.24
30.5
-43.3
-61.7
-44.6
-2.88
Income tax
-0.1
-5.8
14.1
-2.68
-1.28
2
Income from continuing operations
-9.61
-5.14
-8.91
Net income to minority interests
-0.13
Net income
-9.73
-5.14
-8.91
17
-30.4
36.3
-57.4
-59
-43.3
-4.88
EBITDA
-7.85
-3.73
-8.43
-25.3
32.5
44.4
-38.5
-57.6
-40.8
-1.96
EPS, basic
-19.10
-6.16
-83.16
-1.03
1.64
2.05
-3.08
-3.12
-2.25
-0.24
EPS, diluted
-19.10
-6.16
-10.47
-1.03
1.64
1.64
-3.08
-3.12
-2.25
-0.24
Shares, basic (weighted)
0.51
0.84
0.86
17.7
17.7
0.02
0.02
0.02
0.02
0.02
Shares, diluted (weighted)
0.51
0.84
0.86
17.7
18.8
0.02
0.02
0.02
0.02
0.02
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
10.8
6.81
0.48
0.02
1.82
100
123
103
96.3
108
Receivables
0.08
0.01
0.09
0.06
64.8
62.4
83.5
80.4
64.4
62.4
Inventory
0.14
2.22
1.35
1.09
182
245
156
136
98.5
166
Other current assets
5.82
7.93
5.61
4.78
4.33
4.91
Total current assets
11.3
9.83
2.71
1.68
429
439
391
344
284
361
Property, plant and equipment
1.41
0.53
1.26
0.66
46.5
50.1
45.1
61.5
51.2
45
Lease right-of-use assets
94.6
7.5
77.2
60.6
52
Intangible assets
3.81
3.7
Other non-current assets
10.5
14.5
9.92
12.1
11
10.9
Total assets
16.6
15.6
5.7
2.33
557
627
542
499
407
469
Accounts payable
0.07
0.05
0.23
0.23
242
221
207
207
148
160
Accrued liabilities
0.42
0.29
0.39
0.57
0.35
74.7
51
43
48.6
49.3
Deferred revenue
47.4
39.8
31
25.6
27
27.1
Short-term debt
1.54
1.21
0.28
0.29
0.27
0.27
Total current liabilities
1.12
2.68
1.45
3.23
388
356
310
297
244
257
Long-term debt
2.09
1.84
1.4
1.11
Lease liabilities
84.3
74.8
68.1
53.3
43.5
Other non-current liabilities
0.05
1.14
0.12
1.89
2.47
5.7
Total liabilities
2.61
4.41
2.58
3.62
430
444
387
370
301
308
Total debt
2.37
2.14
1.67
1.38
Paid-in capital
37.3
39.2
40.6
40.8
182
198
233
267
289
347
Retained earnings
-26.1
-31.2
-40.2
-44.6
-50.5
-14.3
-71.7
-131
-174
-179
Other comprehensive income
2.74
3.12
2.6
2.44
3.06
6.06
1.11
0.19
-2.3
-1.1
Shareholders' equity
13.9
11.2
-63.3
92
127
182
155
129
106
161
Minority interests
0
Total equity
15.4
11.2
-63.3
92
127
182
155
129
106
161
Total liabilities and equity
16.6
15.6
5.7
2.33
557
627
542
499
407
469
Shares outstanding
0.84
0.84
0.87
17.7
18
377
19
19.5
21
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-9.86
-5.14
-8.91
-17
30.4
36.3
-57.4
-59
-43.3
-4.88
Depreciation and amortization
1.23
1.33
0.83
10.7
9.09
10.8
11
13.4
10.7
7.59
Stock-based compensation
0.95
0.48
0.94
0.74
1.62
6.29
33.9
33.7
27.3
21.7
Deferred income tax
0
-1.01
0.37
-12.7
12.5
-0.68
0.73
0.47
Change in receivables
0.12
0.12
-0.09
0.02
-0.05
0.79
-22
2.76
14.5
2.27
Change in inventory
1.19
-2.01
-0.14
110
-76.2
-70.8
78.8
16.8
32.9
-70.9
Change in payables
0.05
-0.02
0.19
-101
76.3
-20.1
-14.1
-0.9
-57.4
11.6
Cash from operations
-2.78
-5.41
-3.63
-10.1
84.5
-53.3
20.5
-3.84
-0.82
-27
Capital expenditures
-10.3
-6.16
-13.8
-9.19
-30.3
-3.62
-2.69
Purchases of investments
-7
Cash from investing
-0.64
-1.69
-6.23
84.7
-5.24
-13.8
-3.77
-14.3
2.45
0.11
Debt repaid
-13.3
-0.27
-0.29
-0.27
-0.26
-1.33
Stock issued
18.4
1.49
0.02
7.19
11.4
2.89
1.19
0.11
35.2
Share buybacks
-3.5
Cash from financing
13.7
2.97
3.7
-49.7
-1.73
12.7
1.55
1.56
-6.05
35.6
Exchange rate effect
-0.1
0.14
-0.18
-1.04
-0.35
0.97
0.92
-0.5
-2.3
0.2
Net change in cash
10.2
-3.98
-6.33
23.9
77.2
-53.4
19.2
-17
-6.73
8.91
Free cash flow
-20.4
78.4
-67.1
11.3
-34.1
-4.44
-29.7
Interest paid
0.13
0
0.01
2.63
0.27
0.27
0.56
1.27
1.4
1.06
Income taxes paid
0
4.7
0.26
6.37
4.96
0.34
0.22
0.38
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $13.52 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
11.7%
Gross profit / revenue.
Operating margin
-0.7%
Operating income / revenue.
EBITDA margin
-0.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-0.2%
Pre-tax income / revenue.
Net margin
-0.3%
Net income / revenue.
FCF margin
-2.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-1.9%
Cash from operations / revenue.
Return on equity (ROE)
-3.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-1.1%
Net income / average total assets.
Return on invested capital (ROIC)
-24.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
12.3%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
1.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.2%
Capital expenditures / revenue.
D&A / revenue
0.5%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
16.9%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-5.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-7.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
28.1%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-8.0%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
-9.2%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
51.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
1.2%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
4.7%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
15.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-4.7%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-3.4%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
4.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
2.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-74.5%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.41x
Current assets / current liabilities.
Quick ratio
0.66x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.42x
(Cash + short-term investments) / current liabilities.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.24
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.24
Net income per basic share, as reported (split-adjusted).
Revenue per share
$71,814.00
Revenue / diluted weighted shares.
FCF per share
-$1,475.00
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$1,341.00
Cash from operations / diluted weighted shares.
Book value per share
$7.66
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.20x
Market cap / revenue.
P/B
1.76x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.76x
Market cap / tangible book value, when positive.
EV/Sales
0.12x
Enterprise value / revenue.
FCF yield
-10.5%
Free cash flow / market cap.
Earnings yield
-1.7%
Net income / market cap (the inverse of P/E).
What was Newegg Commerce, Inc.'s revenue in fiscal 2025?
Newegg Commerce, Inc. reported revenue of $1.44B for fiscal 2025, 16.9% higher than the year before.
Was Newegg Commerce, Inc. profitable in fiscal 2025?
No. It reported a net loss of $4.9M.
How much free cash flow did Newegg Commerce, Inc. generate in fiscal 2025?
Cash from operations of $27.0M minus capital expenditures of $2.7M left free cash flow of -$29.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.