Newegg's Sales Surge 12.6% YoY to $695.7M, GMV Rises 13.7% to $849.1M

Newegg Commerce reported a 12.6% YoY increase in net sales to $695.7 million and a 13.7% rise in GMV to $849.1 million in H1 2025. The company's gross profit grew 26.5% to $79.8 million, and adjusted EBITDA improved to $11.3 million from a $7.3 million loss in the prior year. The growth was driven by increased demand for GPUs and other core PC components, including the launch of new NVIDIA and AMD products.

Newegg Commerce, Inc. (NASDAQ: NEGG) has reported robust financial performance for the first half of 2025, with significant year-over-year (YoY) growth across key metrics. The company's net sales increased by 12.6% to $695.7 million, while gross merchandise value (GMV) rose by 13.7% to $849.1 million. Gross profit surged by 26.5% to $79.8 million, and adjusted EBITDA improved to $11.3 million from a $7.3 million loss in the prior year [1].

The growth was primarily driven by increased demand for graphics processing units (GPUs) and other core PC components, including the successful launch of NVIDIA GeForce RTX 50 Series and AMD Radeon RX 9000 Series graphics cards, as well as AMD Ryzen 9000X3D Series CPUs. These new product launches boosted organic traffic and cross-category purchasing, contributing to the overall financial performance [1].

Newegg's Chief Executive Officer, Anthony Chow, attributed the strong results to these product launches, stating, "We experienced strong year-over-year growth in the first half of 2025, driven primarily by increased demand for GPUs and other core PC components." The company also benefited from pull-forward spending due to tariff uncertainty and minimized tariff impact on supply chain and customer experience through strategic collaborations with key partners and suppliers [1].

The company's operational metrics also showed improvements. The average order value increased to $467, and the active customer base grew to approximately 1.13 million as of June 30, 2025, compared to 1.09 million in the same period in the prior year. The repeat purchase rate also increased to 25.2% from 23.0% [1].

Looking ahead, Newegg plans to expand its ABS line of PCs to high-performance workstations and tower servers, powered by NVIDIA RTX PRO 6000 Blackwell graphic cards, and debut its Gamer Community and Gamer Zone to further support the gaming ecosystem. The company remains focused on optimizing its supply chain strategies to navigate ongoing tariff uncertainty and other macroeconomic factors [1].

References:
[1] https://www.stocktitan.net/news/NEGG/newegg-announces-first-half-2025-n8tds3eszun9.html