NASDAQ$GLBE

Global-E Online Ltd · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

Global-e reported Q4 2025 revenue of $336.7M (+28% YoY) with net profit of $62.5M and GMV of $2.36B.

For the fourth quarter ended December 31, 2025, Global-e generated revenue of $336.7 million (+28% YoY), with service fees $160.9 million and fulfillment $175.7 million. GMV was $2.36 billion (+37.8% YoY). Net profit was $62.5 million; non-GAAP net profit was $85.8 million. Adjusted EBITDA was $87.2 million (+216% YoY). Full-year revenue was $962.2 million (+28%) with net profit $68.3 million.

  • Q4 revenue $336.7M; GMV $2.36B (+38% YoY).
  • Adjusted EBITDA $87.2M; net profit $62.5M.
  • FY2025 revenue $962.2M; adjusted EBITDA $198.5M.
  • Repurchased $72M of shares in Q4.

Headline financials

Total Revenue

$337M

No prior period
EPS (adj)

$0.50

No prior period
Free Cash Flow

$216M

No prior period
Net Income

$62.5M

No prior period
Operating Income

$63.3M

No prior period
Gross Profit

$155M

No prior period

Revenue & EPS history

Global-E · Revenue · Quarterly

$337M

Q4 2026
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Revenue by segment

Global-E · $252M total across 2 segments · Q1 2026

  • Fulfillment services
    $131M
  • Service fees
    $121M

Forward guidance

FY2026 guidance: GMV $8.45B–$8.80B, revenue $1.211B–$1.271B (~30% growth), adjusted EBITDA $259M–$284M.

Tailwinds

  • Record Q4 across revenue, GMV and adjusted EBITDA.
  • Multi-year strategic plan tracking ahead of plan.

Headwinds

  • Fulfillment mix and FX can pressure gross margin.
  • Competition in cross-border e-commerce remains intense.

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 2026

Historical avgQ4 2026

-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

Earnings price reactions
QuarterReport dateReaction (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

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