GICS Sector : Consumer Cyclical
Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally.Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide.Global-E Online Ltd.
Global-E reported robust third-quarter 2025 results, with revenue of $221 million, up 25.5% year-over-year, and adjusted EBITDA of $41.3 million, up 33% with an 18.7% margin. The company's GAAP net profit for the quarter was $13.2 million, and it generated $73.6 million in free cash flow, an increase of almost 250% compared to last year. Earnings per share (EPS) came in at $0.07492, beating estimates of $0.06. The strong financial performance was driven by a 33% year-over-year growth in GMV to $1.51 billion.
Publication Date: Nov -20
The company raised its midpoint outlook for 2025, with expected GMV of roughly $6.46 billion, representing a 33% annual growth rate, and revenue and adjusted EBITDA guidance of $952.1 million and $192.8 million, representing 26.5% and 37% growth, respectively. For Q4 2025, GMV is expected to be $2.195-2.315 billion, representing a 32% growth rate, and revenue is expected to be $318.5-334.5 million, representing a 24% growth rate. Analysts estimate next year's revenue growth at 24.0%, indicating a continued strong trajectory.
Global-E continued to make progress on its borderfree.com offering, duty drawback value-added service, and managed market solution with Shopify. The company launched multiple new merchants, including Everlane, Ashford, and Coach, across various geographies, and expanded its scope of business with existing merchants. As Nir Debbi explained, the duty drawback service allows merchants to "reclaim lost dollars on returned goods, optimizing the cost structure."
With a current P/S Ratio of 7.12 and EV/EBITDA of 32.21, the market appears to be pricing in significant growth expectations. The company's ROE and ROIC are currently negative, at -3.2% and -2.58%, respectively, but the strong adjusted EBITDA margin and free cash flow generation suggest improving profitability. The planned $200 million share repurchase program, to be executed starting in the coming days, may also contribute to improved shareholder returns.
Ofer Koren mentioned that they are "happy with Q3 results and the growth trajectory into Q4, which will support 2026." The company expects to stay on track to achieve its midterm targets, with a focus on creating value for merchants despite global e-commerce market uncertainty. As Amir Schlachet stated, Global-E is well-positioned to provide the international and cross-border layers required to enable AI-powered transactions, potentially driving further growth.
Why Global-e Stock Jumped 11% in November
Dec -03
Global-e Sees 36% YoY Uplift in Black Friday-Cyber Monday Weekend Global E-commerce Sales
Dec -02
Global-e to Participate in UBS and Raymond James Investor Conferences in December 2025
Nov -28
Global-E Online Q3 Earnings: Solid Financials Despite Take Rate Pressure
Nov -20
Global-E Online Ltd. (GLBE) Q3 2025 Earnings Call Transcript
Nov -19
Compared to Estimates, Globale Online (GLBE) Q3 Earnings: A Look at Key Metrics
Nov -19
Global-e Reports Third Quarter 2025 Results
Nov -19
Global-e Online Sees Unusually Large Options Volume (NASDAQ:GLBE)
Nov -19
Growing e-commerce demand, increasing need for efficient logistics, and Global-e's expertise in cross-border shipping drive growth in fulfillment services.
Growing demand for cross-border e-commerce solutions, increasing adoption of digital payments, and rising online shopping trends drive the growth of service fees from Global-e Online Ltd.
A comprehensive platform that enables online retailers to sell globally, handling all aspects of cross-border ecommerce, including logistics, duties, and taxes.
A customizable checkout solution that adapts to local market requirements, including language, currency, and payment methods.
An accurate and up-to-date duty and tax calculation engine that ensures compliance with international trade regulations.
A global shipping network that provides fast, reliable, and trackable delivery of goods to customers worldwide.
A streamlined returns and refunds process that minimizes complexity and cost for online retailers.
Actionable insights and data analytics that help online retailers optimize their global ecommerce strategy.
Global-e Online Ltd. operates in a niche market, providing a unique e-commerce platform for cross-border e-commerce. While there are some substitutes available, they are not as comprehensive as Global-e's platform, reducing the threat of substitutes.
Global-e Online Ltd.'s customers are primarily large retailers and brands, which have limited bargaining power due to the specialized nature of Global-e's platform.
Global-e Online Ltd. has a diversified supplier base, reducing the bargaining power of individual suppliers. Additionally, the company's platform is designed to integrate with multiple suppliers, further reducing their bargaining power.
The e-commerce platform market is highly competitive, and new entrants can easily enter the market, posing a significant threat to Global-e Online Ltd.'s market share.
The e-commerce platform market is highly competitive, with many established players competing for market share. This intense rivalry can lead to pricing pressures and reduced profit margins for Global-e Online Ltd.
| Value | |
|---|---|
| Debt Weight | 2.52% |
| Debt Cost | 3.95% |
| Equity Weight | 97.48% |
| Equity Cost | 9.58% |
| WACC | 9.44% |
| Leverage | 2.59% |
Value: 4.6
Growth: 8.1
Quality: 4.6
Yield: 0.0
Momentum: 7.5
Volatility: 6.7
1-Year Total Return ->
Value: 4.4
Growth: 5.7
Quality: 2.7
Yield: 0.0
Momentum: 9.0
Volatility: 4.0
1-Year Total Return ->
Value: 8.1
Growth: 7.0
Quality: 5.0
Yield: 0.6
Momentum: 2.0
Volatility: 2.0
1-Year Total Return ->
Value: 5.2
Growth: 6.4
Quality: 4.8
Yield: 0.0
Momentum: 3.0
Volatility: 2.7
1-Year Total Return ->
Value: 2.6
Growth: 7.2
Quality: 4.6
Yield: 0.0
Momentum: 3.0
Volatility: 1.7
1-Year Total Return ->
Value: 6.1
Growth: 7.3
Quality: 1.4
Yield: 0.0
Momentum: 1.0
Volatility: 0.7
1-Year Total Return ->