Global-E Online (GLBE) Cost of Revenue (2020 - 2026)
Global-E Online (GLBE) posted Cost of Revenue of $137.2 million for Q1 2026, down 24.53% sequentially from $181.8 million in Q4 2025, and up 29.69% YoY from $105.8 million in Q1 2025.
Global-E Online (GLBE) Cost of Revenue (2020 - 2026) Analysis & Trends
Global-E Online has reported Cost of Revenue for 7 years, with the latest figure at $137.2 million in Q1 2026.
- Quarterly Cost of Revenue rose 29.69% year-over-year to $137.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $557.4 million (up 27.67% YoY) and the FY2025 annual result came in at $525.9 million, up 27.25% from the prior year.
- Cost of Revenue slipped to $137.2 million in Q1 2026 per GLBE's latest filing, from $181.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $181.8 million in Q4 2025 and troughed at $49.1 million in Q1 2022.
- A 5-year average of $97.9 million and a median of $90.6 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 78.35% in 2022, then rose 15.1% in 2024.
- Over 5 years, Cost of Revenue stood at $84.0 million in 2022, then rose by 29.82% to $109.1 million in 2023, then jumped by 32.25% to $144.3 million in 2024, then increased by 26.03% to $181.8 million in 2025, then fell by 24.53% to $137.2 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $137.2 million, $181.8 million, and $121.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,936.38 Bn | 2,813.40 Bn | 198.88 Bn | 183.24 Bn |
| 2 | PDD Holdings | 505.95 Bn | 446.41 Bn | 9.83 Bn | 7.89 Bn |
| 3 | Mercadolibre | 96.85 Bn | 81.66 Bn | 4.16 Bn | 6.01 Bn |
| 4 | DoorDash | 93.24 Bn | 87.89 Bn | 2.35 Bn | 2.11 Bn |
| 5 | JD.com | 87.27 Bn | 58.09 Bn | 7.66 Bn | 38.08 Bn |
| 6 | Sea | 77.84 Bn | 69.32 Bn | 3.15 Bn | 587.04 Mn |
| 7 | Ebay | 47.38 Bn | 44.08 Bn | 2.30 Bn | 832.00 Mn |
| 8 | Coupang | 29.51 Bn | 23.40 Bn | 2.49 Bn | 6.36 Bn |
| 9 | Zkh | 15.60 Bn | 15.60 Bn | 51.11 Mn | 255.12 Mn |
| 10 | Global-E Online | 6.87 Bn | 6.33 Bn | 114.88 Mn | 137.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 137.21 Mn |
| Mar 31, 2026 | 137.21 Mn |
| Dec 31, 2025 | 181.81 Mn |
| Dec 31, 2025 | 181.81 Mn |
| Sep 30, 2025 | 121.13 Mn |
| Sep 30, 2025 | 121.13 Mn |
| Jun 30, 2025 | 117.21 Mn |
| Jun 30, 2025 | 117.21 Mn |
| Mar 31, 2025 | 105.80 Mn |
| Mar 31, 2025 | 105.80 Mn |
| Dec 31, 2024 | 144.25 Mn |
| Dec 31, 2024 | 144.25 Mn |
| Sep 30, 2024 | 95.91 Mn |
| Sep 30, 2024 | 95.91 Mn |
| Jun 30, 2024 | 90.58 Mn |
| Jun 30, 2024 | 90.58 Mn |
| Mar 31, 2024 | 82.59 Mn |
| Mar 31, 2024 | 82.59 Mn |
| Dec 31, 2023 | 109.08 Mn |
| Dec 31, 2023 | 109.08 Mn |