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| Date | Value |
|---|---|
| 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% |