Global-E reported strong Q3 2025 results, exceeding guidance across key metrics, with adjusted EBITDA growth of 33% year-over-year, and raised full-year outlook driven by robust trading volumes.

• GMV for Q3 reached $1.51 billion, up 33% year-over-year; full-year GMV guidance raised to $6.46 billion.
• Revenue rose 25.5% year-over-year to $221 million, with adjusted EBITDA at $41.3 million, reflecting an 18.7% margin.
• Free cash flow surged nearly 250% to $73.6 million, showcasing improved profitability.
• Continued progress on duty drawback offerings and managed market solutions positions the company well for future growth.
• Increasing adoption of borderfree.com services enhances the merchant sales channel, now accounting for 4.5% of total sales.