NEGG (NEGG) financial statements
NEGG reported revenue of $1.4B in fiscal 2025, up 68.7% a year over 9 years.
Net income was -$5M and the operating margin -0.7%, against -69.5% in 2016.
Free cash flow was -$30M.
The diluted share count rose 3760% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NEGG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13M | $882,011 | $559,386 | $1.5B | $2.1B | $2.4B | $1.7B | $1.5B | $1.2B | $1.4B |
| Cost of revenue | $17M | $2M | $757,901 | $1.4B | $136M | $140M | $224M | $215M | $166M | $177M |
| Gross profit | -$4M | -$773,959 | -$198,515 | $165M | $274M | $326M | $217M | $168M | $131M | $168M |
| Selling, general and admin | $5M | $4M | $6M | $229M | $250M | $292M | $266M | $239M | $183M | $178M |
| Operating income | -$9M | -$5M | -$9M | -$36M | $23M | $34M | -$50M | -$71M | -$52M | -$10M |
| Interest expense | $29,207 | — | — | $3M | $664,000 | $612,000 | $685,000 | $3M | $952,000 | $1M |
| Pre-tax income | -$10M | -$5M | -$9M | -$4M | -$3M | $30M | -$43M | -$62M | -$45M | -$3M |
| Income tax | -$95,026 | — | — | — | — | -$6M | $14M | -$3M | -$1M | $2M |
| Net income | -$10M | -$5M | -$9M | $17M | -$30M | $36M | -$57M | -$59M | -$43M | -$5M |
| EPS (diluted) | -$18.60 | -$6.00 | -$10.20 | -$1.00 | $1.60 | $1.60 | -$3.08 | -$3.12 | -$2.25 | -$0.24 |
| Diluted shares | 1M | 1M | 1M | 18M | 19M | 22M | 19M | 19M | 19M | 20M |
| Gross margin | -31.5% | -87.7% | -35.5% | 10.7% | 12.9% | 13.7% | 12.6% | 11.2% | 10.6% | 11.7% |
| Operating margin | -69.5% | -573.5% | -1655.5% | -2.3% | 1.1% | 1.4% | -2.9% | -4.7% | -4.2% | -0.7% |
| Net margin | -74.5% | -582.4% | -1592.8% | 1.1% | -1.4% | 1.5% | -3.3% | -3.9% | -3.5% | -0.3% |
Balance sheet
Fiscal years, from NEGG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $11M | $7M | $477,309 | $22,834 | $2M | $14M | $13M | $103M | $96M | $108M |
| Receivables | $78,113 | $9,705 | $92,149 | $61,779 | $65M | $62M | $84M | $80M | $64M | $62M |
| Inventory | $136,916 | $2M | $1M | $1M | $182M | $245M | $156M | $136M | $99M | $166M |
| Total current assets | $11M | $10M | $3M | $2M | $429M | $439M | $391M | $344M | $284M | $361M |
| Property, plant and equipment | $1M | $531,467 | $1M | $656,840 | $46M | $50M | $45M | $61M | $51M | $45M |
| Total assets | $17M | $16M | $6M | $2M | $557M | $627M | $542M | $499M | $407M | $469M |
| Total current liabilities | $1M | $3M | $1M | $3M | $388M | $356M | $310M | $297M | $244M | $257M |
| Long-term debt | — | — | — | — | $2M | $2M | $1M | $1M | — | — |
| Total liabilities | $3M | $4M | $3M | $4M | $430M | $444M | $387M | $370M | $301M | $308M |
| Shareholders' equity | $14M | $11M | -$63M | $92M | $127M | $182M | $155M | $129M | $106M | $161M |
| Net debt | -$11M | -$7M | -$477,309 | -$22,834 | $552,823 | -$98M | -$121M | -$101M | -$96M | -$108M |
Cash flow
Fiscal years, from NEGG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3M | -$5M | -$4M | -$10M | $85M | -$53M | $20M | -$4M | -$821,000 | -$27M |
| Capital spending | — | — | — | $10M | $6M | $14M | $9M | $30M | $4M | $3M |
| Free cash flow | — | — | — | -$20M | $78M | -$67M | $11M | -$34M | -$4M | -$30M |
| Stock-based compensation | $947,481 | $479,233 | $944,887 | $744,000 | $2M | $6M | $34M | $34M | $27M | $22M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$4M | — |
| Net borrowing | — | — | — | -$13M | -$265,000 | -$285,000 | -$274,000 | -$264,000 | -$1M | — |
| Free cash flow margin | — | — | — | -1.3% | 3.7% | -2.8% | 0.7% | -2.3% | -0.4% | -2.1% |
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Open NEGG in InvestinglyQuestions
What was NEGG's revenue in 2025?
$1.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does NEGG generate?
-$30M in fiscal 2025 (operating cash flow minus capital spending).
From NEGG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.