Global-e Online Ltd. (GLBE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Global-e Online Ltd. (GLBE) stock price & volume — 10-year historical chart
Global-e Online Ltd. (GLBE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Global-e Online Ltd. (GLBE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $0.35vs $0.30+16.7% | $337Mvs $328M+2.6% |
| Q4 2025 | Nov 19, 2025 | $0.07vs $0.07-2.6% | $221Mvs $218M+1.1% |
| Q3 2025 | Aug 13, 2025 | $0.06vs $0.02+200.0% | $215Mvs $218M-1.4% |
| Q2 2025 | May 14, 2025 | $0.11vs $0.13+12.4% | $190Mvs $188M+1.1% |
Global-e Online Ltd. (GLBE) competitors in Retail Services and Enablement Platforms — business model, growth, and fundamentals comparison
Global-e Online Ltd. (GLBE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Global-e Online Ltd. (GLBE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 38.64M | 65.85M | 136.38M | 245.27M | 409.05M | 569.95M | 752.76M | 962.2M |
| Revenue Growth % | - | 70.42% | 107.09% | 79.85% | 66.77% | 39.33% | 32.08% | 27.82% |
| Cost of Goods Sold | 30.05M | 47.19M | 92.9M | 153.84M | 250.87M | 336.34M | 413.33M | 525.95M |
| COGS % of Revenue | 77.77% | 71.66% | 68.12% | 62.72% | 61.33% | 59.01% | 54.91% | 54.66% |
| Gross Profit | 8.59M▲ 0% | 18.66M▲ 117.3% | 43.47M▲ 132.9% | 91.43M▲ 110.3% | 158.18M▲ 73.0% | 233.6M▲ 47.7% | 339.43M▲ 45.3% | 436.25M▲ 28.5% |
| Gross Margin % | 22.23% | 28.34% | 31.88% | 37.28% | 38.67% | 40.99% | 45.09% | 45.34% |
| Gross Profit Growth % | - | 117.28% | 132.92% | 110.32% | 73% | 47.68% | 45.3% | 28.52% |
| Operating Expenses | 18.97M | 23.61M | 35.06M | 157.09M | 347.5M | 370.66M | 407.36M | 364.58M |
| OpEx % of Revenue | 49.09% | 35.86% | 25.71% | 64.05% | 84.95% | 65.03% | 54.12% | 37.89% |
| Selling, General & Admin | 9.43M | 11.58M | 19.66M | 127.33M | 266.3M | 273.09M | 301.87M | 241.82M |
| SG&A % of Revenue | 24.4% | 17.59% | 14.42% | 51.91% | 65.1% | 47.92% | 40.1% | 25.13% |
| Research & Development | 9.54M | 12.03M | 15.4M | 29.76M | 81.21M | 97.57M | 105.49M | 122.75M |
| R&D % of Revenue | 24.69% | 18.27% | 11.29% | 12.13% | 19.85% | 17.12% | 14.01% | 12.76% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -10.38M▲ 0% | -4.95M▲ 52.3% | 8.41M▲ 269.9% | -65.66M▼ 880.4% | -189.32M▼ 188.3% | -137.06M▲ 27.6% | -67.93M▲ 50.4% | 71.67M▲ 205.5% |
| Operating Margin % | -26.86% | -7.52% | 6.17% | -26.77% | -46.28% | -24.05% | -9.02% | 7.45% |
| Operating Income Growth % | - | 52.29% | 269.93% | -880.43% | -188.35% | 27.61% | 50.44% | 205.51% |
| EBITDA | -10.22M | -4.78M | 8.65M | -65.33M | -159.91M | 35.61M | 101.61M | 92.65M |
| EBITDA Margin % | -26.44% | -7.26% | 6.34% | -26.63% | -39.09% | 6.25% | 13.5% | 9.63% |
| EBITDA Growth % | - | 53.21% | 280.92% | -855.4% | -144.78% | 122.27% | 185.31% | -8.81% |
| D&A (Non-Cash Add-back) | 162K | 171K | 235K | 331K | 29.42M | 172.67M | 169.54M | 20.98M |
| EBIT | -10.38M | -4.95M | 8.41M | -65.66M | -189.32M | -137.06M | -67.93M | 71.67M |
| Net Interest Income | -1.17M | -2.56M | -4.34M | -8.57M | -12.09M | 5.26M | -11.46M | -1.17M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 5.26M | 0 | 0 |
| Interest Expense | 1.17M | 2.56M | 4.34M | 8.57M | 12.09M | 0 | 11.46M | 1.17M |
| Other Income/Expense | -1.17M | -2.56M | -4.34M | -8.57M | -12.09M | 5.26M | -11.46M | -1.17M |
| Pretax Income | -11.54M▲ 0% | -7.51M▲ 34.9% | 4.07M▲ 154.2% | -74.23M▼ 1922.0% | -201.42M▼ 171.3% | -131.8M▲ 34.6% | -79.39M▲ 39.8% | 70.5M▲ 188.8% |
| Pretax Margin % | -29.87% | -11.4% | 2.99% | -30.26% | -49.24% | -23.12% | -10.55% | 7.33% |
| Income Tax | 50K | 34K | 160K | 705K | -6.01M | 2.01M | -3.85M | 2.23M |
| Effective Tax Rate % | -0.43% | -0.45% | 3.93% | -0.95% | 2.98% | -1.52% | 4.84% | 3.16% |
| Net Income | -11.59M▲ 0% | -7.54M▲ 34.9% | 3.91M▲ 151.9% | -74.93M▼ 2014.5% | -195.41M▼ 160.8% | -133.81M▲ 31.5% | -75.55M▲ 43.5% | 68.27M▲ 190.4% |
| Net Margin % | -30% | -11.46% | 2.87% | -30.55% | -47.77% | -23.48% | -10.04% | 7.1% |
| Net Income Growth % | - | 34.93% | 151.88% | -2014.49% | -160.77% | 31.52% | 43.54% | 190.37% |
| Net Income (Continuing) | -11.59M | -7.54M | 3.91M | -74.93M | -195.41M | -133.81M | -75.55M | 68.27M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.10▲ 0% | -0.07▲ 34.1% | 0.01▲ 109.0% | -0.74▼ 12642.4% | -1.24▼ 67.6% | -0.81▲ 34.7% | -0.45▲ 44.4% | 0.39▲ 186.7% |
| EPS Growth % | - | 34.1% | 108.95% | - | -67.57% | 34.68% | 44.44% | 186.67% |
| EPS (Basic) | -0.10 | -0.07 | 0.01 | -0.74 | -1.24 | -0.81 | -0.45 | 0.40 |
| Diluted Shares Outstanding | 122.07M | 122.07M | 28.64M | 101.74M | 157.69M | 164.35M | 167.32M | 175.99M |
| Basic Shares Outstanding | 114.55M | 114.55M | 28.64M | 101.74M | 157.69M | 164.35M | 167.32M | 169.89M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Global-e Online Ltd. (GLBE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 26.1M | 39.32M | 153.1M | 622.46M | 374.65M | 520.46M | 723.21M | 986.66M |
| Cash & Short-Term Investments | 9.57M | 5.12M | 91.97M | 509.07M | 228.2M | 317.42M | 474.44M | 622.84M |
| Cash Only | 9.53M | 5.03M | 68.64M | 448.62M | 165.03M | 200.08M | 254.62M | 245.86M |
| Short-Term Investments | 39K | 82K | 23.33M | 60.45M | 63.17M | 117.34M | 219.82M | 376.98M |
| Accounts Receivable | 749K | 23.55M | 38.09M | 105.85M | 94.55M | 185.88M | 164.16M | 55.71M |
| Days Sales Outstanding | 7.08 | 130.53 | 101.94 | 157.52 | 84.37 | 119.04 | 79.6 | 21.13 |
| Inventory | 0 | 10.65M | 0 | 45.3M | 0 | 970K | -4.17M | 0 |
| Days Inventory Outstanding | - | 82.41 | - | 107.48 | - | 1.05 | - | - |
| Other Current Assets | 9.17M | 10.65M | 55.15M | 40.3M | 43.32M | 160.39M | 4.17M | 308.12M |
| Total Non-Current Assets | 2.44M | 4.28M | 194.21M | 223.67M | 787.95M | 681.9M | 540.27M | 476.13M |
| Property, Plant & Equipment | 404K | 1.9M | 4.88M | 23.38M | 30M | 33.29M | 34.87M | 31.73M |
| Fixed Asset Turnover | 95.64x | 34.75x | 27.96x | 10.49x | 13.63x | 17.12x | 21.59x | 30.32x |
| Goodwill | 0 | 0 | 0 | 0 | 367.57M | 367.57M | 367.57M | 0 |
| Intangible Assets | 0 | 0 | 0 | 196.54M | 98.46M | 78.02M | 59.21M | 0 |
| Long-Term Investments | 0 | 1.77M | 2.43M | 2.43M | 286.38M | 196.46M | 1.08M | 0 |
| Other Non-Current Assets | 2.04M | 618K | 186.91M | 200.29M | 5.38M | 6.56M | 77.55M | 16.61M |
| Total Assets | 28.54M▲ 0% | 43.6M▲ 52.8% | 347.31M▲ 696.6% | 846.13M▲ 143.6% | 1.16B▲ 37.4% | 1.2B▲ 3.4% | 1.26B▲ 5.1% | 1.46B▲ 15.8% |
| Asset Turnover | 1.35x | 1.51x | 0.39x | 0.29x | 0.35x | 0.47x | 0.60x | 0.66x |
| Asset Growth % | - | 52.77% | 696.59% | 143.63% | 37.4% | 3.42% | 5.08% | 15.77% |
| Total Current Liabilities | 20.41M | 41.8M | 83.9M | 131.57M | 209.58M | 273.51M | 348.44M | 509.95M |
| Accounts Payable | 4.91M | 9.04M | 19.06M | 24.06M | 52.22M | 50.94M | 79.56M | 273.24M |
| Days Payables Outstanding | 59.61 | 69.92 | 74.87 | 57.09 | 75.98 | 55.28 | 70.26 | 189.62 |
| Short-Term Debt | 0 | 0 | 0 | 2.52M | 3.25M | 0 | 0 | 5.05M |
| Deferred Revenue (Current) | 0 | 31.55M | 4.42M | 7.43M | 9.16M | 10.52M | 0 | 0 |
| Other Current Liabilities | 9.44M | 22.23M | 40.27M | 90.81M | 125.52M | 69.96M | 115.89M | 231.66M |
| Current Ratio | 1.28x | 0.94x | 1.82x | 4.73x | 1.79x | 1.90x | 2.08x | 1.93x |
| Quick Ratio | 1.28x | 0.69x | 1.82x | 4.39x | 1.79x | 1.90x | 2.09x | 1.93x |
| Cash Conversion Cycle | - | 143.02 | - | 207.91 | - | 64.81 | - | - |
| Total Non-Current Liabilities | 0 | 54.83M | 121.91M | 18.8M | 24.9M | 26.87M | 21.61M | 20.15M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.45M |
| Capital Lease Obligations | 0 | 849K | 3.51M | 18.8M | 16.58M | 19.29M | 20.51M | 18.45M |
| Deferred Tax Liabilities | 0 | 38K | 105K | 0 | 6.56M | 6.51M | 0 | 286K |
| Other Non-Current Liabilities | 0 | 53.95M | 118.29M | 0 | 1.76M | 1.07M | 1.1M | -17.03M |
| Total Liabilities | 20.41M | 96.63M | 205.81M | 150.38M | 234.48M | 300.38M | 370.05M | 530.1M |
| Total Debt | 0 | 1.44M | 4.43M | 21.32M | 19.82M | 23.32M | 24.86M | 41.95M |
| Net Debt | -9.53M | -3.6M | -64.21M | -427.3M | -145.21M | -176.76M | -229.76M | -203.91M |
| Debt / Equity | - | - | 0.03x | 0.03x | 0.02x | 0.03x | 0.03x | 0.04x |
| Debt / EBITDA | - | - | 0.51x | - | - | 0.65x | 0.24x | 0.45x |
| Net Debt / EBITDA | - | - | -7.42x | - | - | -4.96x | -2.26x | -2.20x |
| Interest Coverage | -8.91x | -1.93x | 1.94x | -7.66x | -15.66x | - | -5.92x | 61.20x |
| Total Equity | 8.09M▲ 0% | -53.03M▼ 755.7% | 141.5M▲ 366.8% | 695.75M▲ 391.7% | 928.12M▲ 33.4% | 901.98M▼ 2.8% | 893.43M▼ 0.9% | 932.68M▲ 4.4% |
| Equity Growth % | - | -755.66% | 366.83% | 391.69% | 33.4% | -2.82% | -0.95% | 4.39% |
| Book Value per Share | 0.07 | -0.43 | 4.94 | 6.84 | 5.89 | 5.49 | 5.34 | 5.30 |
| Total Shareholders' Equity | 8.09M | -53.03M | 141.5M | 695.75M | 928.12M | 901.98M | 893.43M | 932.68M |
| Common Stock | 0 | 0 | 0 | 823.55M | 1.25B | 0 | 0 | 1.47B |
| Retained Earnings | -49.08M | -56.62M | -52.71M | -127.64M | -323.05M | -456.85M | -532.4M | -536.35M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 111K | -159K | -1.93M | -1.42M | 515K | 2.8M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Global-e Online Ltd. (GLBE) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -7.99M | 7.03M | 29.35M | 15.75M | 81.48M | 108.22M | 169.39M | 283.78M |
| Operating CF Margin % | -20.67% | 10.67% | 21.52% | 6.42% | 19.92% | 18.99% | 22.5% | 29.49% |
| Operating CF Growth % | - | 187.99% | 317.62% | -46.34% | 417.43% | 32.81% | 56.52% | 67.53% |
| Net Income | -11.59M | -7.54M | 3.91M | -74.93M | -195.41M | -133.81M | -75.55M | 68.27M |
| Depreciation & Amortization | 162K | 171K | 235K | 331K | 29.42M | 172.67M | 169.54M | 20.98M |
| Stock-Based Compensation | 219K | 221K | 3.96M | 12M | 38.91M | 44.96M | 39.16M | 0 |
| Deferred Taxes | 45K | -7K | 52K | 116K | -8.18M | 0 | 0 | 0 |
| Other Non-Cash Items | -3.34M | 12K | -52K | 24K | 7.03M | -2.57M | 25.45M | 91.21M |
| Working Capital Changes | 3.23M | 14.18M | 21.25M | 78.21M | 209.71M | 26.97M | 10.8M | 103.32M |
| Change in Receivables | -332K | -1.19M | -1.65M | -5.59M | 2.66M | -22.49M | -13.33M | -21.48M |
| Change in Inventory | 2.46M | 11.49M | 13.26M | 24K | 0 | 0 | 0 | 0 |
| Change in Payables | 1.31M | 4.13M | 10.02M | 5.01M | 16.65M | -1.28M | 28.62M | 70.65M |
| Cash from Investing | -1.61M | -452K | -24.05M | -40.49M | -330.1M | -55.04M | -105.12M | -180.71M |
| Capital Expenditures | -108K | -264K | -456K | -2.88M | -8.35M | -1.74M | -2.33M | -3.1M |
| CapEx % of Revenue | 0.28% | 0.4% | 0.33% | 1.18% | 2.04% | 0.31% | 0.31% | 0.32% |
| Acquisitions | 0 | 0 | 0 | 16.76M | -317.48M | 53.3M | 0 | -17.76M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -1.5M | -188K | -23.59M | -16.76M | -4.27M | -53.3M | 0 | 0 |
| Cash from Financing | 19.97M | 147K | 59.36M | 398.61M | 1.24M | 1.99M | 3.28M | -70.83M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 0 | 1000K | 1000K | 0 | 0 | 1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72.22M |
| Other Financing | 93K | 147K | 539K | 2.11M | 1.24M | 1.99M | 0 | 0 |
| Net Change in Cash | 10.37M▲ 0% | 6.72M▼ 35.2% | 64.66M▲ 861.8% | 373.87M▲ 478.2% | -247.38M▼ 166.2% | 57.08M▲ 123.1% | 63.09M▲ 10.5% | -8.76M▼ 113.9% |
| Free Cash Flow | -8.1M▲ 0% | 6.76M▲ 183.6% | 28.89M▲ 327.2% | 12.87M▼ 55.5% | 73.13M▲ 468.5% | 106.48M▲ 45.6% | 167.06M▲ 56.9% | 280.68M▲ 68.0% |
| FCF Margin % | -20.95% | 10.27% | 21.19% | 5.25% | 17.88% | 18.68% | 22.19% | 29.17% |
| FCF Growth % | - | 183.56% | 327.17% | -55.48% | 468.46% | 45.6% | 56.89% | 68.02% |
| FCF per Share | -0.07 | 0.06 | 1.01 | 0.13 | 0.46 | 0.65 | 1.00 | 1.59 |
| FCF Conversion (FCF/Net Income) | 0.69x | -0.93x | 7.50x | -0.21x | -0.42x | -0.81x | -2.24x | 4.16x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 8K | 65K | 68K | 5K | 249K | 729K | 2.6M | 0 |
Global-e Online Ltd. (GLBE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -143.34% | - | 8.85% | -17.9% | -24.07% | -14.62% | -8.42% | 7.48% |
| Return on Invested Capital (ROIC) | - | - | 61.06% | -28.49% | -27.01% | -13.63% | -7.34% | 7.72% |
| Gross Margin | 22.23% | 28.34% | 31.88% | 37.28% | 38.67% | 40.99% | 45.09% | 45.34% |
| Net Margin | -30% | -11.46% | 2.87% | -30.55% | -47.77% | -23.48% | -10.04% | 7.1% |
| Debt / Equity | - | - | 0.03x | 0.03x | 0.02x | 0.03x | 0.03x | 0.04x |
| Interest Coverage | -8.91x | -1.93x | 1.94x | -7.66x | -15.66x | - | -5.92x | 61.20x |
| FCF Conversion | 0.69x | -0.93x | 7.50x | -0.21x | -0.42x | -0.81x | -2.24x | 4.16x |
| Revenue Growth | - | 70.42% | 107.09% | 79.85% | 66.77% | 39.33% | 32.08% | 27.82% |
Global-e Online Ltd. (GLBE) stock FAQ — growth, dividends, profitability & financials explained
Global-e Online Ltd. (GLBE) reported $962.2M in revenue for fiscal year 2025. This represents a 2390% increase from $38.6M in 2018.
Global-e Online Ltd. (GLBE) grew revenue by 27.8% over the past year. This is strong growth.
Yes, Global-e Online Ltd. (GLBE) is profitable, generating $68.3M in net income for fiscal year 2025 (7.1% net margin).
Global-e Online Ltd. (GLBE) has a return on equity (ROE) of 7.5%. This is below average, suggesting room for improvement.
Global-e Online Ltd. (GLBE) generated $294.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Global-e Online Ltd. (GLBE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates