Global-E Online Ltd. ( (GLBE) ) has released its Q3 earnings. Here is a breakdown of the information Global-E Online Ltd. presented to its investors.
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Global-e Online Ltd. is a leading platform in the global direct-to-consumer e-commerce sector, enabling merchants to sell internationally with ease by offering localized shopping experiences across more than 200 destinations worldwide.
In its third quarter of 2025, Global-e Online Ltd. reported impressive financial results, with key metrics surpassing the upper end of guidance ranges. The company achieved a 33% growth in Gross Merchandise Value (GMV), a 25% increase in revenue, and a 33% rise in Adjusted EBITDA, alongside a significant 246% year-over-year increase in free cash flow to $73.6 million.
Key financial highlights include a GMV of $1,512 million and revenue of $220.8 million for the quarter. The company also reported a net profit of $13.2 million, a notable turnaround from a net loss of $22.6 million in the same quarter of the previous year. Additionally, Global-e expanded its business with several well-known brands across various regions and verticals, enhancing its competitive position in the market.
Strategically, Global-e has launched with prominent brands across North America, Europe, and Asia-Pacific, and expanded its services with existing merchants into new markets. The company also announced a $200 million share repurchase program, indicating confidence in its future prospects.
Looking ahead, Global-e has raised its full-year guidance, reflecting a positive outlook on continued growth and expansion. The company remains focused on leveraging its platform to drive further international sales and enhance merchant value in the evolving e-commerce landscape.