Global-E Online (GLBE) Tax Rate (2020 - 2026)
Global-E Online's (GLBE) quarterly Tax Rate came in at 3.38% in Q2 2026, down 533.0% year-over-year from 0.78% in Q2 2025, and down 8.53% quarter-over-quarter from 3.69% in Q1 2026.
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Analysis
Global-E Online (GLBE) Tax Rate (2020 - 2026) Analysis & Trends
Global-E Online has disclosed Tax Rate across 7 years of filings, most recently posting 3.38% for Q2 2026.
- In Q2 2026, Tax Rate fell 533.0% year-over-year to 3.38%; the TTM figure through Jun 2026 stood at 2.24% (up 45.0% YoY), while the FY2025 annual figure was 3.16%, down 168.0% from the prior year.
- Tax Rate came in at 3.38% for Q2 2026 at Global-E Online, down from 3.69% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 269.36% in Q4 2024 to a low of 22.47% in Q4 2023.
- Average Tax Rate over 5 years is 16.26%, with a median of 2.59% recorded in 2023.
- Year-over-year, Tax Rate surged 29183 bps in 2024 and tumbled 26952 bps in 2025.
- Over 5 years, Tax Rate stood at 19.4% in 2022, then slumped by 216 bps to 22.47% in 2023, then jumped by 1299 bps to 269.36% in 2024, then plunged by 100 bps to 0.16% in 2025, then surged by 2163 bps to 3.38% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 3.38% in Q2 2026, 3.69% in Q1 2026, and 0.16% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 166.44 Bn | 161.49 Bn | 1.71 Bn | 15.38% |
| 2 | Global-E Online | 6.43 Bn | 6.07 Bn | 131.87 Mn | 3.38% |
| 3 | Vtex | 629.70 Mn | 443.81 Mn | 51.71 Mn | -11.48% |
| 4 | Rezolve Ai | 369.68 Mn | 258.57 Mn | - | - |
| 5 | Commerce.com | 275.92 Mn | 119.60 Mn | 63.53 Mn | 15.62% |
| 6 | Baozun | 152.97 Mn | -66.33 Mn | 302.56 Mn | -30.14% |
| 7 | BeLive Holdings | 24.01 Mn | 17.39 Mn | - | - |
| 8 | Paid | 18.65 Mn | 17.57 Mn | 1.22 Mn | - |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | - |
| 10 | Amaze Holdings | 1.11 Mn | 1.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.38% |
| Mar 31, 2026 | 3.69% |
| Dec 31, 2025 | -0.16% |
| Sep 30, 2025 | 5.65% |
| Jun 30, 2025 | 8.70% |
| Mar 31, 2025 | -3.12% |
| Dec 31, 2024 | 269.36% |
| Sep 30, 2024 | -1.54% |
| Jun 30, 2024 | 4.54% |
| Mar 31, 2024 | 2.20% |
| Dec 31, 2023 | -22.47% |
| Sep 30, 2023 | -2.78% |
| Jun 30, 2023 | 4.35% |
| Mar 31, 2023 | 2.98% |
| Dec 31, 2022 | 19.40% |
| Sep 30, 2022 | -0.67% |
| Jun 30, 2022 | -0.36% |
| Mar 31, 2022 | -0.44% |
| Dec 31, 2021 | 1.56% |
| Sep 30, 2021 | -2.16% |
API Access
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_KEYimport 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();