Newegg Commerce Inc. Reports 12.6% Increase in Net Sales and Adjusted EBITDA of $11.3 Million for First Half of 2025

Reuters
08/22
Newegg Commerce Inc. Reports 12.6% Increase in Net Sales and Adjusted EBITDA of $11.3 Million for First Half of 2025

Newegg Commerce Inc. $(NEGG)$, a global technology e-commerce retailer, reported strong growth for the first half of 2025, driven by increased demand for GPUs and other PC components. The company saw a 12.6% increase in net sales, reaching $695.7 million for the six months ended June 30, 2025, compared to $618.1 million for the same period in 2024. Gross merchandise value (GMV) rose by 14% year-over-year. This growth was largely attributed to the successful launch of the NVIDIA GeForce RTX 50 Series and AMD Radeon RX 9000 Series graphics cards, along with the AMD Ryzen 9000X3D Series CPUs. Newegg also reported a substantial improvement in adjusted EBITDA, which increased to $11.3 million for the first half of 2025, compared to a $7.3 million loss during the same period in 2024. The company implemented strategic cost optimization measures, resulting in reductions in SG&A expenses. Additionally, Newegg maintained its focus on cash balance and working capital, launching an "at the market" (ATM) offering program intended for general corporate purposes and working capital. Operationally, the average order value increased to $467, and the number of active customers reached approximately 1.13 million, compared to 1.09 million in the prior year. The repeat purchase rate improved to 25.2% from 23.0% over the same timeframe. Looking ahead, Newegg plans to expand its ABS line of PCs to include high-performance workstations and tower servers, powered by NVIDIA RTX PRO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newegg Commerce Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-079437), on August 21, 2025, and is solely responsible for the information contained therein.

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