Global-E Online (GLBE) Research & Development (2020 - 2026)
Global-E Online (GLBE) posted Research & Development of $33.0 million for Q1 2026, little changed sequentially from $33.1 million in Q4 2025, and up 17.19% YoY from $28.1 million in Q1 2025.
Global-E Online (GLBE) Research & Development (2020 - 2026) Analysis & Trends
Global-E Online has reported Research & Development for 7 years, with the latest figure at $33.0 million in Q1 2026.
- Quarterly Research & Development rose 17.19% year-over-year to $33.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $127.6 million (up 15.9% YoY) and the FY2025 annual result came in at $190.1 million, down 24.15% from the prior year.
- Research & Development held at $33.0 million in Q1 2026 per GLBE's latest filing, from $33.1 million in the prior quarter.
- Over five years, Research & Development peaked at $33.1 million in Q4 2025 and troughed at $17.6 million in Q2 2022.
- A 5-year average of $25.9 million and a median of $25.2 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2024: Research & Development surged 224.89% in 2022, then rose 2.8% in 2024.
- Over 5 years, Research & Development stood at $23.7 million in 2022, then increased by 6.21% to $25.2 million in 2023, then increased by 12.38% to $28.3 million in 2024, then advanced by 16.9% to $33.1 million in 2025, then declined by 0.27% to $33.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $33.0 million, $33.1 million, and $30.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.81 Bn | 2,801.82 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 507.43 Bn | 447.89 Bn | 9.83 Bn | -714.26 Mn |
| 3 | Mercadolibre | 97.63 Bn | 82.44 Bn | 4.16 Bn | 1.13 Bn |
| 4 | DoorDash | 92.84 Bn | 87.49 Bn | 2.35 Bn | 821.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 78.11 Bn | 69.60 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 47.53 Bn | 44.23 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.77 Bn | 23.66 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Global-E Online | 6.92 Bn | 6.37 Bn | 114.88 Mn | 32.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.98 Mn |
| Dec 31, 2025 | 33.06 Mn |
| Sep 30, 2025 | 30.82 Mn |
| Jun 30, 2025 | 30.73 Mn |
| Mar 31, 2025 | 28.14 Mn |
| Dec 31, 2024 | 28.28 Mn |
| Sep 30, 2024 | 26.99 Mn |
| Jun 30, 2024 | 26.68 Mn |
| Mar 31, 2024 | 23.54 Mn |
| Dec 31, 2023 | 25.17 Mn |
| Sep 30, 2023 | 24.88 Mn |
| Jun 30, 2023 | 24.62 Mn |
| Mar 31, 2023 | 22.90 Mn |
| Dec 31, 2022 | 23.70 Mn |
| Sep 30, 2022 | 22.22 Mn |
| Jun 30, 2022 | 17.60 Mn |
| Mar 31, 2022 | 17.69 Mn |
| Dec 31, 2021 | 10.30 Mn |
| Sep 30, 2021 | 8.28 Mn |
| Jun 30, 2021 | 5.74 Mn |