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Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Global-E Online Ltd.’s top-line, gross profit, operating income, and bottom-line conversion. Values are shown in USD millions.
CAGR 40.7% (FY2021 to FY2025)
CAGR 47.8% (FY2021 to FY2025)
Latest annual filing: FY2025
Latest annual filing: FY2025
Change vs FY2021: +806 bps
Change vs FY2021: +3422 bps
Change vs FY2021: +3765 bps
Profitability profile tracked across FY2021 through FY2025.
Side-by-side read of gross, operating, and net margin.
Read the shape of profitability with either a discrete bar view or a cleaner line trajectory.
FY2025 versus FY2024
FY2025 versus FY2024
FY2025 versus FY2024
FY2025 versus FY2024
Negative values are highlighted to make slowdowns obvious.
The most direct way to see whether the business is accelerating or rolling over.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Over the past five years, Global-E Online Ltd. has achieved robust revenue and gross profit growth. Revenues surged from approximately USD 245 million in 2021 to over USD 962 million in 2025, reflecting an impressive compounded annual growth. Gross profit followed a similar upward path, increasing from about USD 91 million to USD 436 million. This consistent growth over the period indicates strong market demand and an expanding customer base for Global-E’s digital services. Notably, revenue increased by more than 60% from 2021 to 2022 and almost doubled between 2021 and 2025, suggesting effective market penetration and possibly strategic investments in technology and global expansion. However, operating and net income trends reveal a turning point in the company’s cost structure and operational efficiency. Initially, Global-E experienced significant losses—with operating income dropping to nearly USD –189 million in 2022 and a corresponding negative net income—indicating high operating costs during the early expansion phase. A marked recovery occurred from 2024 to 2025 when operating income swung from –USD 67.9 million to a positive USD 71.7 million, and net income similarly recovered. This >20% year-over-year turnaround suggests substantial improvements, potentially driven by enhanced operational management, economies of scale, or strategic cost containment initiatives. In summary, while early rapid expansion led to losses, Global-E’s return to profitability in 2025 is a promising sign of financial health and operational sustainability in the competitive global digital commerce market.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.