Global-E Online GLBE
NASDAQ GLBE
$36.97 -0.38 (-1.02%)
As of: Sep 1, 2026 · 3:59 PM EDT

Global-E Online (GLBE) Gross Margin (2020 - 2026)

Global-E Online (GLBE) posted Gross Margin of 45.57% for Q1 2026, down 0.92% sequentially from 46.0% in Q4 2025, and up 129.0% YoY from 19.9% in Q1 2025.

Analysis

Global-E Online (GLBE) Gross Margin (2020 - 2026) Analysis & Trends

Global-E Online has reported Gross Margin for 7 years, with the latest figure at 45.57% in Q1 2026.

  • Quarterly Gross Margin rose 129.0% year-over-year to 45.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 45.59% (up 38.0% YoY) and the FY2025 annual result came in at 45.34%, up 25.0% from the prior year.
  • Gross Margin slipped to 45.57% in Q1 2026 per GLBE's latest filing, from 46.0% in the prior quarter.
  • Over five years, Gross Margin peaked at 46.09% in Q2 2024 and troughed at 35.62% in Q1 2022.
  • A 5-year average of 42.57% and a median of 43.38% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 491 bps in 2024, then plunged 63 bps in 2025.
  • Over 5 years, Gross Margin stood at 39.93% in 2022, then grew by 3 bps to 41.17% in 2023, then increased by 10 bps to 45.13% in 2024, then gained by 2 bps to 46.0% in 2025, then declined by 1 bps to 45.57% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 45.57%, 46.0%, and 45.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amazon Com 2,742.86 Bn 2,619.88 Bn 198.88 Bn 52.05%
2 PDD Holdings 116.24 Bn -48,010.17 Bn 9.45 Bn 57.06%
3 Mercadolibre 99.45 Bn 84.25 Bn 4.16 Bn 40.90%
4 DoorDash 98.02 Bn 92.67 Bn 2.35 Bn 52.69%
5 Sea 67.10 Bn 58.70 Bn 3.55 Bn 45.58%
6 Ebay 46.73 Bn 43.42 Bn 2.30 Bn 73.45%
7 JD.com 39.68 Bn 7.13 Bn 16.50 Bn 16.91%
8 Coupang 28.45 Bn 22.34 Bn 2.49 Bn 28.16%
9 Wayfair 12.37 Bn 11.23 Bn 1.05 Bn 29.95%
10 Global-E Online 6.28 Bn 5.73 Bn 131.87 Mn 44.10%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.10%
Mar 31, 2026 45.57%
Dec 31, 2025 46.00%
Sep 30, 2025 45.13%
Jun 30, 2025 45.45%
Mar 31, 2025 44.28%
Dec 31, 2024 45.13%
Sep 30, 2024 45.49%
Jun 30, 2024 46.09%
Mar 31, 2024 43.38%
Dec 31, 2023 41.17%
Sep 30, 2023 42.30%
Jun 30, 2023 41.18%
Mar 31, 2023 39.00%
Dec 31, 2022 39.93%
Sep 30, 2022 38.65%
Jun 30, 2022 39.35%
Mar 31, 2022 35.62%
Dec 31, 2021 39.48%
Sep 30, 2021 38.58%