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

Global-E Online (GLBE) posted Net Margin of 12.04% for Q1 2026, down 35.09% sequentially from 18.55% in Q4 2025, and up 2145.0% YoY from 0.54% in Q1 2025.

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

Global-E Online has reported Net Margin for 7 years, with the latest figure at 12.04% in Q1 2026.

  • Quarterly Net Margin rose 2145.0% year-over-year to 12.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.37% (up 1344.0% YoY) and the FY2025 annual result came in at 7.1%, up 1713.0% from the prior year.
  • Net Margin declined to 12.04% in Q1 2026 per GLBE's latest filing, from 18.55% in the prior quarter.
  • Over five years, Net Margin peaked at 61.15% in Q3 2022 and troughed at 70.21% in Q1 2022.
  • A 5-year average of 3.79% and a median of 5.97% in 2025 frame the typical range for Net Margin.
  • The widest YoY moves for Net Margin: up 9469 bps in 2022, down 6642 bps in 2022.
  • Over 5 years, Net Margin stood at 20.36% in 2022, then jumped by 159 bps to 11.92% in 2023, then slumped by 95 bps to 0.57% in 2024, then surged by 3132 bps to 18.55% in 2025, then slumped by 35 bps to 12.04% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 12.04%, 18.55%, and 5.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,942.52 Bn 2,819.53 Bn 198.88 Bn 24.31%
2 PDD Holdings 506.40 Bn 446.86 Bn 9.83 Bn 19.81%
3 Mercadolibre 98.49 Bn 83.30 Bn 4.16 Bn 4.58%
4 DoorDash 92.97 Bn 87.62 Bn 2.35 Bn 4.47%
5 JD.com 87.31 Bn 58.13 Bn 7.66 Bn 1.62%
6 Sea 78.18 Bn 69.66 Bn 3.15 Bn 12.24%
7 Ebay 47.28 Bn 43.97 Bn 2.30 Bn -0.06%
8 Coupang 29.61 Bn 23.50 Bn 2.49 Bn -6.44%
9 Zkh 16.42 Bn 16.42 Bn 51.11 Mn 0.00%
10 Global-E Online 6.90 Bn 6.36 Bn 114.88 Mn 12.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.04%
Dec 31, 2025 18.55%
Sep 30, 2025 5.97%
Jun 30, 2025 4.88%
Mar 31, 2025 -9.40%
Dec 31, 2024 0.57%
Sep 30, 2024 -12.82%
Jun 30, 2024 13.36%
Mar 31, 2024 -21.97%
Dec 31, 2023 11.92%
Sep 30, 2023 24.77%
Jun 30, 2023 26.65%
Mar 31, 2023 -36.63%
Dec 31, 2022 -20.36%
Sep 30, 2022 61.15%
Jun 30, 2022 55.89%
Mar 31, 2022 -70.21%
Dec 31, 2021 27.19%
Sep 30, 2021 48.16%
Jun 30, 2021 -38.79%