Q2 2026
Aug 14, 2026
Shares rose 3.3% as Global-e delivered better-than-expected top-line growth and margin expansion, prompting a raised full-year outlook and reflecting investor approval of accelerating GMV, revenue, and adjusted EBITDA gains.
Key takeaways
- GMV surged 44% year-over-year to nearly $2.1 billion, surpassing $2 billion in a non-peak quarter for the first time.
- Revenue grew 39% to $299 million, contributing to last 12 months revenue exceeding $1 billion for the second consecutive quarter.
- Adjusted EBITDA climbed 62% year-over-year to $62.4 million, with margins improving over 300 basis points to nearly 21%.
- Full-year 2026 revenue guidance was raised, reflecting acceleration from 28% growth in 2025 to an expected 32% increase (excluding Passport acquisition impact).
- Strategic initiatives including the acquisition of Passport and expanded AI utilization were highlighted as drivers for future value creation and operational efficiency.
Q1 2026
May 16, 2026
Global-E shares fell 7.6% after the company issued cautious commentary on currency headwinds and only modest near-term traction in its newer offerings, implying deceleration risks that outweighed the solid top-line growth.
Key takeaways
- GMV grew 40% year-over-year to $1.74 billion; revenues rose 33% to $252 million.
- Gross profit margin improved by 150 basis points to 47%, with adjusted EBITDA margin expanding by 330 basis points to nearly 20%.
- Management highlighted FX tailwinds were less favorable than expected, pointing to ongoing macroeconomic challenges.
- Growth drivers remain merchant expansions and increased volume but the new Managed Markets platform and duty drawback programs are yet to deliver significant scale.
- Share buyback progress continues, with $131 million repurchased out of a planned $200 million program through Q1.
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.