Global-E Online (GLBE) Operating Expenses (2020 - 2026)

Global-E Online (GLBE) posted Operating Expenses of $81.9 million for Q1 2026, down 10.56% sequentially from $91.6 million in Q4 2025, and down 20.68% YoY from $103.3 million in Q1 2025.

Global-E Online (GLBE) Operating Expenses (2020 - 2026) Analysis & Trends

Global-E Online has reported Operating Expenses for 7 years, with the latest figure at $81.9 million in Q1 2026.

  • Quarterly Operating Expenses fell 20.68% year-over-year to $81.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $343.2 million (down 17.91% YoY) and the FY2025 annual result came in at $364.6 million, down 10.5% from the prior year.
  • Operating Expenses declined to $81.9 million in Q1 2026 per GLBE's latest filing, from $91.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $113.5 million in Q4 2024 and troughed at $78.9 million in Q1 2022.
  • A 5-year average of $92.5 million and a median of $91.6 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 600.6% in 2022, then slipped 20.68% in 2026.
  • Over 5 years, Operating Expenses stood at $90.9 million in 2022, then rose by 9.27% to $99.4 million in 2023, then climbed by 14.19% to $113.5 million in 2024, then fell by 19.29% to $91.6 million in 2025, then retreated by 10.56% to $81.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $81.9 million, $91.6 million, and $82.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,924.97 Bn 2,801.98 Bn 198.88 Bn 330.81 Bn
2 PDD Holdings 506.99 Bn 447.44 Bn 9.83 Bn -5.87 Bn
3 Mercadolibre 97.49 Bn 82.30 Bn 4.16 Bn 3.48 Bn
4 DoorDash 92.70 Bn 87.35 Bn 2.35 Bn 4.30 Bn
5 JD.com 87.54 Bn 58.36 Bn 7.66 Bn -1.51 Bn
6 Sea 78.10 Bn 69.58 Bn 3.15 Bn -2.55 Bn
7 Ebay 47.48 Bn 44.17 Bn 2.30 Bn 1.63 Bn
8 Coupang 29.78 Bn 23.67 Bn 2.49 Bn 9.41 Bn
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn -23.28 Mn
10 Global-E Online 6.91 Bn 6.36 Bn 114.88 Mn 81.91 Mn

Historic Data

Download Data
DateValue
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