Global-E Online Ltd. Ordinary Shares Earnings Recaps
Q3 2025
Nov 19, 2025
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.
Key takeaways
- 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.
Q2 2025
Aug 13, 2025
Global-E reported robust Q2 2025 results, exceeding revenue and GMV guidance, and achieving GAAP profitability for the quarter, underscoring the resilience of its business model amidst market uncertainties.
Key takeaways
- Q2 GMV reached $1.45 billion, representing a 34% year-over-year increase, with revenue of almost $215 million, up 28%.
- Achieved a net profit of $10.5 million, marking a significant turnaround from a $22.4 million loss in the same period last year, and is positioned for GAAP profitability moving forward.
- Adjusted EBITDA rose to $38.5 million, with a margin of 17.9%, reflecting strong operational efficiency.
- Extended partnership with DHL for an additional three years, enhancing service capabilities for merchants and customers.
- Remain optimistic about growth prospects despite anticipated regulatory changes, supported by strategic solutions that mitigate tariff impacts.