All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2019-04-29.
From the record
Newegg Commerce, Inc.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2019-04-29) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-11.7% a year over 5 filed years; profitable in 1 of 5.
From the record
Newegg Commerce, Inc.'s 5 filed years say what it did: revenue went from $2.4 billion in fiscal 2021 to $1.4 billion in fiscal 2025, down 11.7% a year; it rose in 1 of 4 years; the deepest fall was 48% from fiscal 2021 to fiscal 2024; net income was positive in 1 of 5 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 3.9/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Newegg Commerce, Inc.'s shareholder treatment is put at 3.9 of 10 with a confidence of 20 of 100, because fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -3%: lost 3¢ per shareholder dollar. Leverage 66%: owes 66¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Newegg Commerce, Inc. lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 36 cents per dollar of everything the company owns. Leverage: it owed about 66 cents per dollar of assets (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 45% of 17 in its family; net margin -0.3%.
From the record
Newegg Commerce, Inc.'s standing among 17 graded names in its industry family: revenue of $1.4 billion in fiscal 2025 ranks in the bottom 46% by size; a net margin of -0.3% ranks in the top 44%; revenue growth of -5.7% a year over the last 3 filed years ranks in the bottom 32% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 4.4/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Newegg Commerce, Inc.'s leadership is put at 4.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 44% of 17 in its family for room to expand.
From the record
Newegg Commerce, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $108 million against no long-term debt tagged leaves 23% of its assets as net cash, top 8% of its family; cash from operations less capital spending is -2.1% of revenue (bottom 38%); a gross margin of 11.7% (bottom 3%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 30% of 17 in its family for growth drivers.
From the record
Newegg Commerce, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.7% a year over the last three filed years against -11.7% over all 5, speeding up (top 9% of its family); the newest year grew 16.9% (top 9%); research spending grew 31.9% a year (top 12%); capital spending grew -33.6% a year (bottom 9%) (its annual reports). Newegg Commerce, Inc. reported 6 product lines in fiscal 2025: Components Storage at $961 million (67%), Computer Equipment at $311 million (22%), Software Development at $64 million (4%), and 3 more; 4 of 6 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 19% of 15 in its family for expectations against reality.
From the record
Newegg Commerce, Inc.'s newest year against its own record: revenue of $1.4 billion in fiscal 2025 came in 37.9% above the $1.0 billion its prior three years' pace pointed to (top 10% of its family); net income of $5 million against a prior three-year average of $53 million (top 23%); a net margin of -0.3% against -3.6% before (top 23%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made