Newegg Q2 FY26 returns to profit of $2.2 million; net sales fall 8.1% to $320.4 million
Reuters2026/08/27 20:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Newegg posted Q2 net sales of $320.4 million, down 8.1% year over year; GMV slipped 3.9% to $403.2 million.
- Net income swung to $2.2 million from a year-ago loss, as pricing discipline and cost controls offset a weaker top line.
- Non-GAAP adjusted EBITDA fell to $3.7 million from $5.9 million a year earlier.
- Average order value dropped to $401 from $506; active customers edged up to about 550,000, while repeat purchase rate held at 22.5%.
- Management flagged macro pressure and memory and flash shortages, citing strength in AI-related products and a new conversational AI shopping experience.
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 Business Wire (Ref. ID: 202608271630BIZWIRE_USPR_____20260827_BW960316) on August 27, 2026, and is solely responsible for the information contained therein.
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