Global-E Online (GLBE) Asset Utilization Ratio (2021 - 2026)
Global-E Online's Asset Utilization Ratio came in at 0.83 for Q2 2026, up 18.6% from 0.70 a year earlier and up 12.6% from the prior quarter.
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Analysis
Global-E Online (GLBE) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Global-E Online's Asset Utilization Ratio was 0.71, up 15.6% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.61 in FY2024 (+26.7%), 0.48 in FY2023 (+18.3%), 0.41 in FY2022 (-16.4%) and 0.49 in FY2021.
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q1 2021.
- Year-over-year, Asset Utilization Ratio has increased for 16 consecutive quarters, with growth averaging 21.1% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2023 (growth of 57.5%), and the weakest in Q1 2022 (a decline of 73.5%).
- Business Quant data shows GLBE's Asset Utilization Ratio at 0.74 (Q1 2026), 0.70 (Q4 2025) and 0.71 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 0.55 |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 0.54 |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 0.81 |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 0.53 |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 0.93 |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 0.88 |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 0.98 |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 0.68 |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 1.37 |
| 10 | Global-E Online | 6.74 Bn | 5.50 Bn | 131.87 Mn | 0.83 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.83 |
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.71 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.59 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.32 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.29 |
API Access
Global-E Online Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GLBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GLBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GLBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();