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

Global-E Online's (GLBE) quarterly Gross Margin came in at 45.57% in Q1 2026, up 129.0% year-on-year from 19.9% in Q1 2025, and down 0.92% quarter-over-quarter from 46.0% in Q4 2025.

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

Global-E Online has disclosed Gross Margin across 7 years of filings, most recently posting 45.57% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 45.57%, up 129.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.59% (up 38.0% YoY), and the FY2025 annual result was 45.34%, up 25.0% from the prior year.
  • Gross Margin came in at 45.57% for Q1 2026 at Global-E Online, down from 46.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 46.09% in Q2 2024 to a low of 35.62% in Q1 2022.
  • The 5-year median for Gross Margin is 43.38% (2024), against an average of 42.57%.
  • Across the five-year window, Gross Margin surged 491 bps in 2024 and plunged 63 bps in 2025, its largest moves.
  • Global-E Online's Gross Margin stood at 39.93% in 2022, then advanced by 3 bps to 41.17% in 2023, then climbed by 10 bps to 45.13% in 2024, then increased by 2 bps to 46.0% in 2025, then slipped by 1 bps to 45.57% in 2026.
  • The last three Gross Margin figures came in at 45.57% (Q1 2026), 46.0% (Q4 2025), and 45.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 94.32%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 43.66%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 50.64%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 72.28%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 74.04%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 27.01%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 93.10%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 30.02%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 72.42%
10 Global-E Online 4.87 Bn 4.32 Bn 114.88 Mn 45.57%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 35.96%