Financials · GLBE

Global-E Online Ltd. (GLBE) financials

For fiscal 2025 (ended Dec 31, 2025), Global-E Online Ltd. reported $962.20M of revenue and $68.27M of net income.

Revenue, FY2025
$962.20M
Revenue growth, YoY
+27.8%
Net income, FY2025
$68.27M
Net margin
7.1%
Free cash flow, FY2025
$280.68M
EPS, diluted, FY2025
$0.39
Cash
$245.86M
P/E
103.06
P/S
7.31
Market cap
$7.04B
Annual revenue$962.20M
FY2019FY2025
Annual net income$68.27M
FY2019FY2025
Annual free cash flow$280.68M
FY2019FY2025

GLBE revenue and earnings growth

GLBE revenueFY2025$962.20M

FY YoY
+27.8%
5Y CAGR
+47.8%

GLBE revenue was $962.20M for fiscal 2025 (ended Dec 31, 2025), up 27.8% from fiscal 2024. Compound annual growth was +47.8% over 5 years. It rose in each of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

GLBE net incomeFY2025$68.27M

5Y CAGR
+77.1%

GLBE net income was $68.27M for fiscal 2025 (ended Dec 31, 2025), compared with -$75.55M in fiscal 2024. Compound annual growth was +77.1% over 5 years. Fiscal 2025 is the highest of the 7 fiscal years on file.

GLBE EPSFY2025$0.39

GLBE diluted EPS was $0.39 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.45 in fiscal 2024.

GLBE free cash flowFY2025$280.68M

FY YoY
+68.0%
5Y CAGR
+57.6%

GLBE free cash flow was $280.68M for fiscal 2025 (ended Dec 31, 2025), up 68.0% from fiscal 2024. Compound annual growth was +57.6% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue$962.20M$752.76M$569.95M$409.05M$245.27M$136.38M$65.85M
Cost of revenue$525.95M$413.33M$336.34M$250.87M$153.84M$92.90M$47.19M
Gross profit$436.25M$339.43M$233.60M$158.18M$91.43M$43.47M$18.66M
Research and development$122.75M$105.49M$97.57M$81.21M$29.76M$15.40M$12.03M
Selling, general and admin$51.69M$51.21M$56.06M$60.20M$22.64M$9.82M$6.99M
Operating income$71.67M-$67.93M-$137.06M-$189.32M-$65.66M$8.41M-$4.95M
Pre-tax income$70.50M-$79.39M-$131.80M-$201.42M-$74.23M$4.07M-$7.51M
Income tax$2.23M-$3.85M$2.01M-$6.01M$705.0K$160.0K$34.0K
Net income$68.27M-$75.55M-$133.81M-$195.41M-$74.93M$3.91M-$7.54M
EPS, basic$0.40-$0.45-$0.81-$1.24-$0.74$0.03-$0.38
EPS, diluted$0.39-$0.45-$0.81-$1.24-$0.74$0.03-$0.38
Diluted shares176.0M167.3M164.4M157.7M101.7M28.6M19.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Cash and equivalents$245.86M$254.62M$200.08M$211.52M$458.90M$85.03M$20.37M
Short-term investments$74.15M$36.34M$20.40M$16.81M$18.46M$16.87M-
Receivables$55.71M$41.17M$27.84M$16.42M$9.19M$3.59M-
Current assets$986.66M$723.21M$520.46M$374.65M$622.46M$153.10M-
Goodwill$375.40M$367.57M$367.57M$367.57M$0--
Total assets$1.46B$1.26B$1.20B$1.16B$846.13M$161.29M-
Current liabilities$509.95M$348.44M$273.51M$209.58M$131.57M$83.90M-
Total liabilities$530.10M$370.05M$300.38M$234.48M$150.38M$93.25M-
Shareholders' equity$932.68M$893.43M$901.98M$928.12M$695.75M-$44.51M-$53.03M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Operating cash flow$283.78M$169.39M$108.22M$89.33M$18.15M$29.35M$7.03M
Capital expenditures$3.10M$2.33M$1.74M$8.35M$2.88M$456.0K$264.0K
Free cash flow$280.68M$167.06M$106.48M$80.98M$15.27M$28.89M$6.76M
Investing cash flow-$180.71M-$105.12M-$55.04M-$330.10M-$40.49M-$24.05M-$452.0K
Financing cash flow-$70.83M$3.28M$1.99M$1.24M$398.61M$59.36M$147.0K
Stock-based compensation$39.34M$39.16M$44.96M$38.91M$12.00M$3.96M$221.0K
Depreciation and amortization$2.32M$2.13M$1.79M$1.58M$331.0K$235.0K$171.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue growth, YoY27.8%32.1%39.3%66.8%79.9%107.1%-
Gross margin45.3%45.1%41.0%38.7%37.3%31.9%28.3%
Operating margin7.4%-9.0%-24.0%-46.3%-26.8%6.2%-7.5%
Net margin7.1%-10.0%-23.5%-47.8%-30.6%2.9%-11.5%
Free cash flow margin29.2%22.2%18.7%19.8%6.2%21.2%10.3%
Return on equity7.3%-8.5%-14.8%-21.1%-10.8%--
Return on assets4.7%-6.0%-11.1%-16.8%-8.9%2.4%-
Current ratio1.932.081.901.794.731.82-

Source: XBRL data Global-E Online Ltd. files with the SEC, latest filing dated Mar 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GLBE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GLBE$962.20M+27.8%$68.27M7.1%$7.04B
MSFT$346.44B+17.9%$142.63B41.2%$3.96T
PLTR$7.29B+87.1%$3.67B50.3%$406.77B
ORCL$71.78B+21.6%$18.92B26.4%$356.74B
SAP€36.80B+7.7%€7.16B19.5%$287.15B
CRWD$5.40B+24.3%$58.46M1.1%$231.16B
SHOP$14.17B+32.5%$2.13B15.0%$188.62B
CRM$43.94B+11.2%$9.66B22.0%$175.69B
NET$2.73B+35.7%-$239.05M-8.7%$109.59B

GLBE FAQ

9 questions
  • What is GLBE revenue?
    Global-E Online Ltd. (GLBE) reported $962.20M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 27.8% from the year before.
  • Is GLBE profitable?
    Yes. Global-E Online Ltd. earned $68.27M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 7.1%.
  • How much cash and debt does GLBE have?
    Global-E Online Ltd. reported $245.86M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GLBE revenue growing?
    Global-E Online Ltd.'s revenue changed +27.8% in fiscal 2025, to $962.20M. Its compound annual growth rate was +47.8% over 5 years.
  • What is GLBE gross margin?
    Global-E Online Ltd.'s gross profit was $436.25M on $962.20M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 45.3%.
  • What is GLBE free cash flow?
    Global-E Online Ltd. generated $280.68M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $283.78M less capital expenditures.
  • What is GLBE earnings per share?
    Diluted earnings per share were $0.39 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GLBE last report financial results?
    The latest statements here come from Global-E Online Ltd.'s 20-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.
  • Where does this GLBE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Global-E Online Ltd. files with the SEC. It is provided for information only and is not investment advice.