Strong Revenue and Growth
Global-E achieved revenue of $221 million, up 25.5% year-over-year, and GMV of $1.51 billion, up 33% year-over-year. The company raised its full-year revenue and adjusted EBITDA guidance to $952.1 million and $192.8 million, representing growth rates of 26.5% and 37% respectively.
Significant Increase in Free Cash Flow
The company generated $73.6 million in free cash flow, an increase of almost 250% compared to the previous year.
Successful New Merchant Launches
Global-E launched several new merchants across geographies, including Everlane, Ashford, and Marks & Spencer, contributing to strong market traction.
AI and Agentic Commerce Initiatives
Global-E is strategically positioning itself in AI and agentic commerce, already seeing traffic from ChatGPT and agent-assisted checkout transactions.
Share Repurchase Program
The company announced a $200 million share repurchase program, indicating strong cash generation and confidence in long-term value creation.