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

Global-E Online's (GLBE) quarterly Net Margin came in at 12.04% in Q1 2026, up 2145.0% year-on-year from 0.54% in Q1 2025, and down 35.09% quarter-over-quarter from 18.55% in Q4 2025.

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

Global-E Online has disclosed Net Margin across 7 years of filings, most recently posting 12.04% for Q1 2026.

  • Net Margin for Q1 2026 came in at 12.04%, up 2145.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.37% (up 777.0% YoY), and the FY2025 annual result was 7.1%, up 1713.0% from the prior year.
  • Net Margin came in at 12.04% for Q1 2026 at Global-E Online, down from 18.55% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 24.77% in Q3 2023 to a low of 69.9% in Q1 2022.
  • The 5-year median for Net Margin is 9.4% (2025), against an average of 13.06%.
  • Across the five-year window, Net Margin sank 9469 bps in 2022 and soared 8592 bps in 2023, its largest moves.
  • Global-E Online's Net Margin stood at 20.36% in 2022, then jumped by 41 bps to 11.92% in 2023, then jumped by 105 bps to 0.57% in 2024, then soared by 3132 bps to 18.55% in 2025, then slumped by 35 bps to 12.04% in 2026.
  • The last three Net Margin figures came in at 12.04% (Q1 2026), 18.55% (Q4 2025), and 5.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 16.68%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 4.71%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.53%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 19.81%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -3.13%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -0.43%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -3.58%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 14.13%
10 Global-E Online 4.87 Bn 4.32 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 -37.75%
Dec 31, 2022 -20.36%
Sep 30, 2022 -61.15%
Jun 30, 2022 -55.89%
Mar 31, 2022 -69.90%
Dec 31, 2021 -27.19%
Sep 30, 2021 -48.16%
Jun 30, 2021 38.79%