Global-E Online (GLBE) Financial Statements & Analysis

Global-E Online (GLBE) Income Statement

Global-E Online reported revenue of $962.20M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 27.8% from $752.76M a year earlier. Net income was $68.27M, a net margin of 7.1%. Gross margin was 45.3% and operating margin 7.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $299.00M, up 39.1% from the same quarter a year earlier.

Global-E Online Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Global-E Online Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	962.20	752.76	569.95	409.05	245.27	136.38	65.85	38.64
Cost of Revenue	525.95	413.33	336.34	250.87	153.84	92.90	47.19	30.05
Gross Profit	436.25	339.43	233.60	158.18	91.43	43.47	18.66	8.59
Operating Expenses
Research & Development	122.76	105.49	97.57	81.21	29.76	15.40	12.03	9.54
Selling, General & Administrative	241.82	301.87	260.93	266.30	127.33	19.66	11.58	9.43
Operating Expenses	364.58	407.36	370.66	347.50	157.09	35.06	23.62	18.97
Operating Income	71.67	-67.93	-137.06	-189.32	-65.66	8.41	-4.95	-10.38
Other Income/Expense
Interest Income	0.00	0.00	5.26	0.00	0.00	0.00	0.00	0.00
Interest Expense	-1.17	-11.47	0.00	12.09	8.57	4.34	2.56	1.17
Other Income/Expense	-1.17	-11.47	5.26	-12.09	-8.57	-4.34	-2.56	-1.17
Income
Income Before Tax	70.50	-79.39	-131.80	-201.42	-74.23	4.07	-7.51	-11.54
Income Tax Expense	2.23	-3.85	2.01	-6.01	0.71	0.16	0.03	0.05
Net Income	68.27	-75.55	-133.81	-195.41	-74.93	3.91	-7.54	-11.59
Net Income - Continuous Operations	68.27	-75.55	-133.81	-195.41	-74.93	3.91	-7.54	-11.59
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	158.65	101.61	47.78	-10.86	18.97	8.65	-4.78	-10.22
EBIT	71.67	-67.93	-124.90	-189.32	-65.66	-	-	-
Depreciation & Amortization	86.98	169.54	172.67	178.47	84.63	0.24	0.17	0.16
Earnings Per Share
Basic EPS	-	-	-1.00	-1.00	-1.00	-	-	-
Diluted EPS	-	-	-1.00	-1.00	-1.00	-	-	-
Basic Shares Outstanding	169.89	167.32	164.35	157.69	101.74	28.64	114.55	114.55
Diluted Shares Outstanding	175.99	167.32	164.35	157.69	101.74	28.64	122.07	122.07

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Global-E Online Financial Statements

What was Global-E Online's revenue in fiscal 2025?

Global-E Online reported revenue of $962.20M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 27.8% from $752.76M a year earlier.

Is Global-E Online profitable?

Yes. Global-E Online earned net income of $68.27M in fiscal 2025, a net margin of 7.1%. In fiscal 2024 it lost $75.55M.

What is Global-E Online's operating margin?

Global-E Online's operating income was $71.67M on revenue of $962.20M in fiscal 2025, an operating margin of 7.4%, compared with -9.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition