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Recent Updates — NEGG

August 27, 2026View Source ↗

Newegg Commerce, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Net sales decreased 8.1% to $320.4 million, while gross merchandise value (GMV) declined 3.9% to $403.2 million due to memory and flash supply constraints and pricing pressure. The company returned to profitability with net income of $2.2 million, compared to a $1.7 million net loss in the prior year period. Adjusted EBITDA fell to $3.7 million from $5.9 million. Active customers remained stable at approximately 0.55 million. Newegg intends to renew and expand existing credit agreements, extending them through November 25, 2026. The company operates in the global technology e-commerce retail industry.