Global-E Online (GLBE) Tax Rate (2020 - 2026)
Global-E Online's Tax Rate was 3.38% in Q2 2026, down 5.33 percentage points from 8.70% a year earlier and down 0.31 percentage points from the prior quarter.
Global-E Online (GLBE) Tax Rate (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global-E Online's Tax Rate was 2.24% through Jun 30, 2026, up 0.45 percentage points year-over-year; for FY2025, it was 3.16%, down 1.68 percentage points from FY2024.
- Tax Rate shows a five-year change of -0.77 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 4.84% in FY2024 (+6.37 pp), -1.52% in FY2023 (-4.51 pp), 2.98% in FY2022 (+3.93 pp) and -0.95% in FY2021 (-4.88 pp).
- Quarterly Tax Rate has moved between -22.47% (Q4 2023) and 269.36% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +3.88 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 291.83 percentage points); the worst was Q4 2025 (a drop of 269.52 percentage points).
- Per Business Quant data, GLBE's Tax Rate in the three quarters before Q2 2026 was 3.69% (Q1 2026), -0.16% (Q4 2025) and 5.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 23.83% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 24.31% |
| 10 | Global-E Online | 6.74 Bn | 5.50 Bn | 131.87 Mn | 3.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.38% |
| Mar 31, 2026 | 3.69% |
| Sep 30, 2025 | 5.65% |
| Jun 30, 2025 | 8.70% |
| Dec 31, 2020 | 3.26% |
| Sep 30, 2020 | 0.48% |
Global-E Online Tax Rate 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=tax-rate&ticker=GLBE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GLBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();