Global-E Online Ltd. (GLBE)
NASDAQ:GLBE
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Earnings Data
Report Date
Aug 19, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.22Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong, profitable top-line growth with materially improved margins, raised guidance, efficient R&D and clear execution on product and merchant expansion. Notable near-term headwinds include localized geopolitical disruption, reduced FX tailwinds versus Q1, seasonal cash outflow and some timing-related delays (e.g., duty drawback adoption and modest early monetization of borderfree). Overall the positives — large YoY GMV and revenue gains, significant EBITDA expansion, improved gross margins, raised full-year guidance, healthy cash balance and ongoing product momentum (Managed Markets v2, AI, duty drawback, borderfree) — substantially outweigh the contained operational and macro uncertainties highlighted on the call.Company Guidance
Strong GMV Growth
GMV increased 40% year-over-year to $1.742 billion in Q1 2026, driving top-line volume expansion and supporting updated full-year GMV guidance of $8.53B–$8.88B (midpoint growth ~32.5%).
Material Revenue Expansion
Total revenue grew 33% year-over-year to $252.1 million in Q1 2026, with full-year revenue guidance raised to $1.22B–$1.28B (midpoint ~29.9% growth).
Margin and Profitability Improvement
Non-GAAP gross margin improved to 47% (up 150 basis points YoY). Adjusted EBITDA rose 59% YoY to $50.2 million, yielding a 19.9% adjusted EBITDA margin (up ~330 bps YoY); full-year adjusted EBITDA guidance raised to $264.5M–$289.5M (midpoint growth ~39.5%, margin ~22.2%).
Raised Guidance and Q2 Outlook
Company beat midpoint across guidance metrics and raised FY2026 outlook; Q2 2026 guidance: GMV $1.945B–$1.985B (midpoint +35.2% YoY), revenue $278.5M–$285.5M (+31.2% YoY), adjusted EBITDA $55M–$58M (~20% margin).
Improved R&D Efficiency and AI Adoption
R&D expense (ex-stock comp) was 11.3% of revenue vs 12.9% a year ago; R&D grew ~16% while GMV grew 40%. Company implemented an AI-first approach and proprietary LLM tools, improving feature shipping velocity and reducing support ticket resolution times.
Cash, Buybacks and Balance Sheet
Ended Q1 with $553 million in cash and equivalents. Executed share repurchases of ~$60M in the quarter and $131M year-to-date under a $200M plan (3.6M shares repurchased), with $69M remaining capacity.
Profitability on GAAP Basis
GAAP net profit of $30.4 million in Q1 2026 versus a GAAP net loss of $17.9 million in Q1 2025; non-GAAP net income $46.9M vs $32.4M prior-year.
Merchant Expansion and Product Wins
Multiple new global merchant launches and expansions across North America, Europe and APAC (notable brands and group expansions listed), demonstrating robust pipeline and successful onboarding cadence.
Progress on New Offerings (Managed Markets v2, Duty Drawback, Borderfree)
Managed Markets v2 progressing with expanded early access (Canada, U.K. forthcoming) and expected ramp in back half of year; duty drawback capability expanded into new markets with U.S. interest strong (adopters in pipeline); borderfree.com referrals rose to >6% of merchant sales for participating merchants and monetization has started.
GLBE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GLBE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $30.23 | $27.54 | -8.90% |
Feb 18, 2026 | $29.70 | $34.81 | +17.21% |
Nov 19, 2025 | $37.01 | $35.39 | -4.38% |
Aug 13, 2025 | $33.97 | $31.06 | -8.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global-E Online Ltd. (GLBE) report earnings?
Global-E Online Ltd. (GLBE) is schdueled to report earning on Aug 19, 2026, Before Open (Confirmed).
What is Global-E Online Ltd. (GLBE) earnings time?
Global-E Online Ltd. (GLBE) earnings time is at Aug 19, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GLBE EPS forecast?
GLBE EPS forecast for the fiscal quarter 2026 (Q2) is 0.22.
