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| 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 |