NASDAQ$GLBE
Global-E Online Ltd · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Global-e achieved record revenue growth and reached GAAP profitability for the first time.
Global-e reported strong Q4 2024 results, achieving record revenue of $262.91 million, a 41.8% YoY increase. The company reached GAAP profitability with a net income of $1.51 million and surpassed a 20% Adjusted EBITDA margin. Gross profit improved to $118.66 million, and free cash flow reached $128.80 million.
- Revenue increased by 41.8% YoY to $262.91 million.
- Global-e reached GAAP profitability with a net income of $1.51 million.
- Adjusted EBITDA grew by 62.2% YoY to $57.10 million.
- Free cash flow surged to $128.80 million.
Headline financials
Revenue & EPS history
Global-E · Revenue · Quarterly
$263M
Revenue by segment
Global-E · $252M total across 2 segments · Q1 2026
- Fulfillment services$131M—52.1%
- Service fees$121M—47.9%
Forward guidance
Global-e expects continued revenue growth in 2025, targeting a revenue range of $917M - $967M and adjusted EBITDA between $179M and $199M.
Tailwinds
- Revenue projected to grow between 22%-28% in FY 2025.
- Adjusted EBITDA expected to surpass $179 million.
- GMV forecasted to exceed $6.19 billion.
- Expansion into new markets and merchant partnerships.
- Ongoing development of Shopify Managed Markets integration.
Headwinds
- Potential macroeconomic headwinds affecting consumer spending.
- Foreign exchange fluctuations may impact revenue and margins.
- Continued competitive pressures in the e-commerce space.
- Merchant churn from legacy platform migrations.
- Regulatory and compliance challenges in international markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2024
-1.4%
Avg return
Earnings day
-1.7%
Avg return
5 days after
+1.2%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+34.2%
Q2 2022
Best reaction
-23.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.6% | +7.5% | +17.2% | |
| Q4 2026 | +17.2% | -4.2% | +8.6% | |
| Q3 2025 | -4.4% | +4.0% | +8.6% | |
| Q2 2025 | -8.5% | -4.2% | +5.0% | |
| Q1 2025 | -19.2% | -22.9% | -24.6% | |
| Q4 2024 | -17.8% | -28.8% | -38.8% | |
| Q3 2024 | +16.7% | +21.7% | +28.2% | |
| Q2 2024 | -3.3% | +4.2% | +9.8% | |
| Q1 2024 | +3.1% | +1.0% | +5.9% | |
| Q4 2023 | -19.6% | -17.0% | -8.9% | |
| Q3 2023 | -23.0% | -19.1% | -0.4% | |
| Q2 2023 | -10.0% | -9.7% | +2.3% | |
| Q1 2023 | -8.7% | -10.4% | +4.7% | |
| Q4 2022 | +14.0% | +11.5% | +11.8% | |
| Q3 2022 | -20.2% | -26.4% | -22.4% | |
| Q2 2022 | +34.2% | +25.5% | +27.1% | |
| Q1 2022 | +10.3% | -4.8% | -8.9% | |
| Q4 2019 | +11.1% | +7.1% | -25.2% | |
| Q4 2020 | +11.1% | +7.1% | -25.2% | |
| Q4 2021 | +7.4% | +0.7% | -8.0% | |
| Q3 2021 | -15.6% | -3.7% | +8.6% | |
| Q2 2021 | -1.4% | +2.4% | -3.8% | |
| Q1 2021 | +2.1% | +19.7% | +55.8% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q1 2019 | — | — | — |
Discussion
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