Global-E Online (GLBE) Net Margin (2020 - 2026)
Global-E Online's (GLBE) quarterly Net Margin came in at 15.96% in Q2 2026, up 1108.0% year-over-year from 1.32% in Q2 2025, and up 32.55% quarter-over-quarter from 12.04% in Q1 2026.
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Analysis
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 15.96% for Q2 2026.
- In Q2 2026, Net Margin rose 1108.0% year-over-year to 15.96%; the TTM figure through Jun 2026 stood at 13.87% (down 67.0% YoY), while the FY2025 annual figure was 7.1%, down 294.0% from the prior year.
- Net Margin came in at 15.96% for Q2 2026 at Global-E Online, up from 12.04% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 58.04% in Q4 2024 to a low of 70.21% in Q1 2022.
- Average Net Margin over 5 years is 13.87%, with a median of 13.09% recorded in 2024.
- Year-over-year, Net Margin sank 6642 bps in 2022 and soared 6996 bps in 2024.
- Over 5 years, Net Margin stood at 20.36% in 2022, then jumped by 41 bps to 11.92% in 2023, then surged by 587 bps to 58.04% in 2024, then slumped by 68 bps to 18.55% in 2025, then slipped by 14 bps to 15.96% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 15.96% in Q2 2026, 12.04% in Q1 2026, and 18.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 166.44 Bn | 161.49 Bn | 1.71 Bn | 41.92% |
| 2 | Global-E Online | 6.43 Bn | 6.07 Bn | 131.87 Mn | 15.96% |
| 3 | Vtex | 629.70 Mn | 443.81 Mn | 51.71 Mn | 15.59% |
| 4 | Rezolve Ai | 369.68 Mn | 258.57 Mn | - | - |
| 5 | Commerce.com | 275.92 Mn | 119.60 Mn | 63.53 Mn | 1.30% |
| 6 | Baozun | 152.97 Mn | -66.33 Mn | 302.56 Mn | 0.62% |
| 7 | BeLive Holdings | 24.01 Mn | 17.39 Mn | - | - |
| 8 | Paid | 18.65 Mn | 17.57 Mn | 1.22 Mn | -0.13% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | -27,799.80% |
| 10 | Amaze Holdings | 1.11 Mn | 1.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.96% |
| 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 | 58.04% |
| 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% |
API Access
Global-E Online Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GLBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GLBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GLBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();