Global-E Online (GLBE) Operating Expenses (2020 - 2026)
Global-E Online's (GLBE) quarterly Operating Expenses came in at $81.9 million in Q1 2026, down 20.68% year-on-year from $103.3 million in Q1 2025, and down 10.56% quarter-over-quarter from $91.6 million in Q4 2025.
Global-E Online (GLBE) Operating Expenses (2020 - 2026) Analysis & Trends
Global-E Online has disclosed Operating Expenses across 7 years of filings, most recently posting $81.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $81.9 million, down 20.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $343.2 million (down 17.91% YoY), and the FY2025 annual result was $364.6 million, down 10.5% from the prior year.
- Operating Expenses came in at $81.9 million for Q1 2026 at Global-E Online, down from $91.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $113.5 million in Q4 2024 to a low of $78.9 million in Q1 2022.
- The 5-year median for Operating Expenses is $91.6 million (2025), against an average of $92.5 million.
- Across the five-year window, Operating Expenses jumped 600.6% in 2022 and retreated 20.68% in 2026, its largest moves.
- Global-E Online's Operating Expenses stood at $90.9 million in 2022, then grew by 9.27% to $99.4 million in 2023, then gained by 14.19% to $113.5 million in 2024, then dropped by 19.29% to $91.6 million in 2025, then declined by 10.56% to $81.9 million in 2026.
- The last three Operating Expenses figures came in at $81.9 million (Q1 2026), $91.6 million (Q4 2025), and $82.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 157.67 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 3.25 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 3.89 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -5.87 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 1.68 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 8.75 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -23.28 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 891.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 556.00 Mn |
| 10 | Global-E Online | 4.87 Bn | 4.32 Bn | 114.88 Mn | 81.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.91 Mn |
| Dec 31, 2025 | 91.58 Mn |
| Sep 30, 2025 | 82.57 Mn |
| Jun 30, 2025 | 87.16 Mn |
| Mar 31, 2025 | 103.27 Mn |
| Dec 31, 2024 | 113.48 Mn |
| Sep 30, 2024 | 101.09 Mn |
| Jun 30, 2024 | 100.25 Mn |
| Mar 31, 2024 | 92.55 Mn |
| Dec 31, 2023 | 99.38 Mn |
| Sep 30, 2023 | 92.12 Mn |
| Jun 30, 2023 | 91.29 Mn |
| Mar 31, 2023 | 87.88 Mn |
| Dec 31, 2022 | 90.95 Mn |
| Sep 30, 2022 | 94.03 Mn |
| Jun 30, 2022 | 83.65 Mn |
| Mar 31, 2022 | 78.87 Mn |
| Dec 31, 2021 | 54.85 Mn |
| Sep 30, 2021 | 50.90 Mn |
| Jun 30, 2021 | 40.09 Mn |