GLBE financial statements
The full income statement, balance sheet, and cash-flow statement for Global-E Online Ltd. (GLBE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 962M+27.8% | 753M+32.1% | 570M+39.3% | 409M+66.8% | 245M+79.9% | |
| 436M+28.5% | 339M+45.3% | 234M+47.7% | 158M+73.0% | 91.4M+110.3% | ||
| Cost of revenue | 526M+27.2% | 413M+22.9% | 336M+34.1% | 251M+63.1% | 154M+65.6% | |
| 365M-10.5% | 407M+9.9% | 371M+6.7% | 348M+121.2% | 157M+348.1% | ||
| Research & development | 123M+16.4% | 105M+8.1% | 97.6M+20.1% | 81.2M+172.9% | 29.8M+93.3% | |
| Selling, general & administrative | 51.7M+0.9% | 51.2M-8.6% | 56.1M-6.9% | 60.2M+165.8% | 22.6M+130.5% | |
| General & administrative | 51.7M+0.9% | 51.2M-8.6% | 56.1M-6.9% | 60.2M+165.8% | 22.6M+130.5% | |
| Selling & marketing | 190M-24.1% | 251M+15.5% | 217M+5.3% | 206M+96.9% | 105M+964.1% | |
| Amortization of intangibles | 18.7M-0.8% | 18.8M-7.9% | 20.4M-26.6% | 27.8M | 0.00 | |
| Operating income | 71.7M+205.5% | -67.9M+50.4% | -137M+27.6% | -189M-188.3% | -65.7M-880.4% | |
| Other non-operating income | -1.17M+89.8% | -11.5M-317.9% | 5.26M+143.5% | -12.1M-41.1% | -8.57M-97.5% | |
| Pre-tax income | 70.5M+188.8% | -79.4M+39.8% | -132M+34.6% | -201M-171.3% | -74.2M-1922.0% | |
| Income tax | 2.23M+158.0% | -3.85M-291.5% | 2.01M+133.4% | -6.01M-952.8% | 705K+340.6% | |
| 68.3M+190.4% | -75.5M+43.5% | -134M+31.5% | -195M-160.8% | -74.9M-2014.5% | ||
| Net income to common | 68.3M+190.4% | -75.5M+43.5% | -134M+31.5% | -195M-160.8% | -74.9M-10435.6% | |
| $0.39+186.7% | -$0.45+44.4% | -$0.81+34.7% | -$1.24-67.6% | -$0.74-2566.7% | ||
| EPS (basic) | $0.40+188.9% | -$0.45+44.4% | -$0.81+34.7% | -$1.24-67.6% | -$0.74-2566.7% | |
| Weighted-avg shares (basic) | 170M+1.5% | 167M+1.8% | 164M+4.2% | 158M+55.0% | 102M+381.7% | |
| Weighted-avg shares (diluted) | 176M+5.2% | 167M+1.8% | 164M+4.2% | 158M+55.0% | 102M+255.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 987M+36.4% | 723M+39.0% | 520M+38.9% | 375M-39.8% | 622M+306.6% | ||
| Cash & equivalents | 246M-3.4% | 255M+27.3% | 200M+21.2% | 165M-63.2% | 449M+553.6% | |
| Short-term investments | 74.1M+104.0% | 36.3M+78.1% | 20.4M+21.4% | 16.8M-8.9% | 18.5M+9.4% | |
| Accounts receivable | 55.7M+35.3% | 41.2M+47.9% | 27.8M+69.5% | 16.4M+78.8% | 9.19M+155.6% | |
| Prepaid expenses | 126M+49.5% | 84.6M+32.3% | 64.0M+23.2% | 51.9M+11.5% | 46.6M+102.1% | |
| Other current assets | 9.08M+234.5% | 2.72M+15.1% | 2.36M+208.9% | 764K-39.7% | 1.27M+1763.2% | |
| 1.46B+15.8% | 1.26B+5.1% | 1.20B+3.4% | 1.16B+37.4% | 846M+424.6% | ||
| Property, plant & equipment | 11.2M+7.6% | 10.4M+2.0% | 10.2M-0.5% | 10.3M+214.6% | 3.27M+355.9% | |
| Operating lease right-of-use | 20.5M-16.1% | 24.4M+6.0% | 23.1M+16.9% | 19.7M-1.9% | 20.1M+383.4% | |
| Goodwill | 375M+2.1% | 368M+0.0% | 368M+0.0% | 368M | 0.00 | |
| Intangible assets | 52.4M-11.5% | 59.2M-24.1% | 78.0M-20.8% | 98.5M | — | |
| Long-term investments | — | 1.08M | 0.00 | — | — | |
| Deferred tax assets | — | — | 0.00-100.0% | 171K | 0.00 | |
| Other non-current assets | — | 3.45M-15.4% | 4.08M+9.1% | 3.74M+1655.4% | 213K-42.1% | |
| Total non-current assets | 476M-11.9% | 540M-20.8% | 682M-13.5% | 788M+252.3% | 224M+2628.6% | |
| 510M+46.4% | 348M+27.4% | 274M+30.5% | 210M+59.3% | 132M+56.8% | ||
| Accounts payable | 91.6M+15.1% | 79.6M+56.2% | 50.9M-2.4% | 52.2M+117.0% | 24.1M+26.3% | |
| Deferred revenue | 79.2M+79.8% | 44.0M+318.5% | 10.5M+14.8% | 9.16M+23.4% | 7.43M+68.1% | |
| Current lease liability | 5.05M+16.2% | 4.35M+7.8% | 4.03M+24.2% | 3.25M+28.9% | 2.52M+175.1% | |
| Other current liabilities | 8.55M+46.7% | 5.83M-10.3% | 6.50M+48.6% | 4.38M+64.0% | 2.67M+96.8% | |
| 530M+43.3% | 370M+23.2% | 300M+28.1% | 234M+55.9% | 150M+61.3% | ||
| Non-current lease liability | 18.4M-10.0% | 20.5M+6.3% | 19.3M+16.4% | 16.6M-11.8% | 18.8M+435.2% | |
| Operating lease liability (total) | 23.5M-5.5% | 24.9M+6.6% | 23.3M+17.6% | 19.8M-7.0% | 21.3M | |
| Deferred tax liabilities | 286K | 0.00-100.0% | 6.51M-0.8% | 6.56M | 0.00-100.0% | |
| 933M+4.4% | 893M-0.9% | 902M-2.8% | 928M+33.4% | 696M+1663.1% | ||
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 1.47B+2.9% | 1.43B+4.8% | 1.36B+8.6% | 1.25B+52.2% | 824M+10083.6% | |
| Retained earnings | -536M-0.7% | -532M-16.5% | -457M-41.4% | -323M-153.1% | -128M-142.2% | |
| Accumulated other comprehensive income | 2.80M+443.7% | 515K+136.3% | -1.42M+26.3% | -1.93M-1111.3% | -159K-243.2% | |
| Total liabilities & equity | 1.46B+15.8% | 1.26B+5.1% | 1.20B+3.4% | 1.16B+37.4% | 846M+424.6% | |
| Common shares issued | 169M-0.0% | 169M+2.0% | 166M+2.8% | 161M+7.2% | 150M+591.4% | |
| Common shares outstanding | 169M-0.0% | 169M+2.0% | 166M+2.8% | 161M+7.2% | 150M+591.4% | |
| Shares outstanding (cover) | 169M-0.0% | 169M+2.0% | 166M+2.8% | 161M+7.2% | 150M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 284M+67.5% | 169M+56.5% | 108M+21.2% | 89.3M+392.1% | 18.2M-38.2% | ||
| Depreciation & amortization | 2.32M+9.0% | 2.13M+19.2% | 1.79M+12.8% | 1.58M+378.9% | 331K+40.9% | |
| Intangible amortization | 18.7M-0.8% | 18.8M-7.9% | 20.4M-26.6% | 27.8M | 0.00 | |
| Share-based compensation | 39.3M+0.5% | 39.2M-12.9% | 45.0M+15.6% | 38.9M+224.2% | 12.0M+203.4% | |
| Deferred income taxes | -436K+93.3% | -6.51M-12656.9% | -51.0K+99.3% | -7.52M-8260.0% | -90.0K-273.1% | |
| Change in receivables | 14.4M+7.8% | 13.3M+16.8% | 11.4M+528.9% | -2.66M-147.6% | 5.59M+238.4% | |
| Change in payables | 12.0M-58.1% | 28.6M+2341.0% | -1.28M-107.7% | 16.6M+232.5% | 5.01M-50.0% | |
| -181M-71.9% | -105M-91.0% | -55.0M+83.3% | -330M-715.3% | -40.5M-68.4% | ||
| Capital expenditure | 3.10M+32.7% | 2.33M+34.1% | 1.74M-79.2% | 8.35M+189.7% | 2.88M+532.2% | |
| Free cash flow | 281M+68.0% | 167M+56.9% | 106M+31.5% | 81.0M+430.4% | 15.3M-47.2% | |
| Acquisitions | 17.8M | 0.00 | 0.00-100.0% | 317M | 0.00 | |
| Sales/maturities of investments | — | — | 125M+68.1% | 74.4M-8.9% | 81.7M | |
| -70.8M-2261.9% | 3.28M+64.5% | 1.99M+60.7% | 1.24M-99.7% | 399M+571.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 396M | |
| Common stock repurchased | 72.2M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 43.2M-31.5% | 63.1M+10.5% | 57.1M+123.1% | -247M-166.2% | 374M+478.2% | |
| Income taxes paid | 3.67M+40.9% | 2.60M+256.8% | 729K+192.8% | 249K+4880.0% | 5.00K-92.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.65B-27.9% | 9.22B+44.3% | 6.39B+105.9% | 3.11B-67.4% | 9.54B | |
| P/E | 97.3× | — | — | — | — | |
| P/S | 6.9×-43.6% | 12.3×-21.6% | 15.6×+23.4% | 12.7×-67.4% | 38.9× | |
| P/B | 7.1×-31.0% | 10.3×+49.9% | 6.9×+54.3% | 4.5×-67.4% | 13.7× | |
| P/FCF | 23.7×-57.1% | 55.2×-30.1% | 78.9×-61.2% | 203.4×-67.4% | 624.7× | |
| Earnings yield | 1.0% | — | — | — | — | |
| FCF yield | 4.2%+133.2% | 1.8%+43.0% | 1.3%+157.6% | 0.49%+207.1% | 0.16% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: GLBE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GLBE filings on SEC EDGAR → Not investment advice.
