Newegg Commerce, Inc. (NASDAQ:NEGG) posted strong first-half 2025 results, highlighted by robust year-over-year gains in sales and gross merchandise value, sending shares higher following the announcement.
Net sales rose 12.6% year-over-year to $695.7 million from $618.1 million, while GMV increased 13.7% to $849.1 million from $746.7 million.
Gross profit grew 26.5% to $79.8 million. The company posted a net loss of $4.2 million, narrowing from $25.0 million a year earlier.
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Adjusted EBITDA improved to $11.3 million, compared with a $7.3 million loss in the prior year.
Chief Executive Officer Anthony Chow said, “Newegg experienced strong year-over-year growth in the first half of 2025, driven primarily by increased demand for GPUs and other core PC components, including the highly successful launch of the NVIDIA GeForce RTX 50 Series and AMD Radeon RX 9000 Series graphics cards, and AMD Ryzen 9000X3D Series CPUs.”
He added, …