Newegg Q2 FY26 returns to profit of $2.2 million; net sales fall 8.1% to $320.4 million
NEGG•Q2 results
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.
Customer and operating trends
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.
