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| 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 | -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% |