Global-E Online (GLBE) Cost of Revenue (2020 - 2026)
Global-E Online's (GLBE) quarterly Cost of Revenue came in at $137.2 million in Q1 2026, up 29.69% year-on-year from $105.8 million in Q1 2025, and down 24.53% quarter-over-quarter from $181.8 million in Q4 2025.
Global-E Online (GLBE) Cost of Revenue (2020 - 2026) Analysis & Trends
Global-E Online has disclosed Cost of Revenue across 7 years of filings, most recently posting $137.2 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $137.2 million, up 29.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $557.4 million (up 27.67% YoY), and the FY2025 annual result was $525.9 million, up 109.82% from the prior year.
- Cost of Revenue came in at $137.2 million for Q1 2026 at Global-E Online, down from $181.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $181.8 million in Q4 2025 to a low of $49.1 million in Q1 2022.
- The 5-year median for Cost of Revenue is $90.6 million (2024), against an average of $97.9 million.
- Across the five-year window, Cost of Revenue soared 78.35% in 2022 and grew 15.1% in 2024, its largest moves.
- Global-E Online's Cost of Revenue stood at $84.0 million in 2022, then grew by 29.82% to $109.1 million in 2023, then surged by 32.25% to $144.3 million in 2024, then climbed by 26.03% to $181.8 million in 2025, then dropped by 24.53% to $137.2 million in 2026.
- The last three Cost of Revenue figures came in at $137.2 million (Q1 2026), $181.8 million (Q4 2025), and $121.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 10.31 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 982.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 1.99 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 4.91 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 802.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 6.21 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 19.95 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 2.05 Bn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 230.00 Mn |
| 10 | Global-E Online | 4.87 Bn | 4.32 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 |