Global-E Online (GLBE) Net Margin (2020 - 2026)
Global-E Online's Net Margin was 15.96% in Q2 2026, up 11.08 percentage points from 4.88% a year earlier and up 3.92 percentage points from the prior quarter.
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Analysis
Global-E Online (GLBE) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global-E Online's Net Margin was 13.87% through Jun 30, 2026, up 17.24 percentage points year-over-year; for FY2025, it came in at 7.10%, up 17.13 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +6.56 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -10.04% in FY2024 (+13.44 pp), -23.48% in FY2023 (+24.29 pp), -47.77% in FY2022 (-17.22 pp) and -30.55% in FY2021 (-31.08 pp).
- Quarterly Net Margin has moved between -70.21% (Q1 2022) and 18.55% (Q4 2025) over five years.
- Compared with a year earlier, Net Margin has increased for 15 straight quarters, with an average year-over-year change of +15.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2023 (a gain of 36.39 percentage points); the worst was Q1 2022 (a drop of 66.42 percentage points).
- Per Business Quant data, GLBE's Net Margin in the three quarters before Q2 2026 was 12.04% (Q1 2026), 18.55% (Q4 2025) and 5.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 26.52% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 24.19% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 11.41% |
| 10 | Global-E Online | 6.74 Bn | 5.50 Bn | 131.87 Mn | 15.96% |
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 | 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% |
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();