Global-E Online Ltd.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Global-E Online Ltd. reported revenue of $962.2M (+27.8% year on year) and net income of $68.3M (+190.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $962.2M | $752.8M | $569.9M | $409.0M |
| Cost of revenue (including related party costs of $177,076, $231,803 and $302,910 for the years ended December 31, 2023, 2024 and 2025, respectively) | $525.9M | $413.3M | $336.3M | $250.9M |
| Gross profit | $436.2M | $339.4M | $233.6M | $158.2M |
| Research and development | $122.8M | $105.5M | $97.6M | $81.2M |
| Sales and marketing | $190.1M | $250.7M | $217.0M | $206.1M |
| General and administrative | $51.7M | $51.2M | $56.1M | $60.2M |
| Total operating expenses | $364.6M | $407.4M | $370.7M | $347.5M |
| Operating profit (loss) | $71.7M | ($67.9M) | ($137.1M) | ($189.3M) |
| Financial expenses (income), net | $1.2M | $11.5M | ($5.3M) | $12.1M |
| Profit (loss) before income taxes | $70.5M | ($79.4M) | ($131.8M) | ($201.4M) |
| Provision for income taxes (benefits) | $2.2M | ($3.8M) | $2.0M | ($6.0M) |
| Net Income (loss) | $68.3M | ($75.5M) | ($133.8M) | ($195.4M) |
| Net Income (loss) attributable to ordinary shareholders | $68.3M | ($75.5M) | ($133.8M) | ($195.4M) |
| Net Income (loss) per share attributable to ordinary shareholders, basic | $0.40 | -$0.45 | -$0.81 | -$1.24 |
| Net Income (loss) per share attributable to ordinary shareholders, diluted | $0.39 | -$0.45 | -$0.81 | -$1.24 |
| Weighted-average shares used in computing net income (loss) per share attributable to ordinary shareholders, basic | $169893221.00 | $167323350.00 | $164353909.00 | $157691173.00 |
| Weighted-average shares used in computing net income (loss) per share attributable to ordinary shareholders, diluted | $175987463.00 | $167323350.00 | $164353909.00 | $157691173.00 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $245.9M | $254.6M | $200.1M | $165.0M |
| Short-term deposits | $302.8M | $183.5M | $96.9M | $46.4M |
| Accounts receivable, net (net of allowance for credit losses of $1,110 and $522 as of December 31, 2024 and 2025, respectively) | $55.7M | $41.2M | $27.8M | $16.4M |
| Prepaid expenses and other current assets | $126.5M | $84.6M | $64.0M | $51.9M |
| Marketable securities | $74.1M | $36.3M | $20.4M | $16.8M |
| Funds receivable, including cash in banks | $181.7M | $123.0M | $111.2M | $78.1M |
| Total current assets | $986.7M | $723.2M | $520.5M | $374.7M |
| Property and equipment, net | $11.2M | $10.4M | $10.2M | $10.3M |
| Operating lease right-of-use assets | $20.5M | $24.4M | $23.1M | $19.7M |
| Deferred contract acquisition and fulfillment costs, noncurrent | $4.2M | $3.8M | $2.7M | $1.8M |
| Long-term investments and other long-term assets | $11.8M | — | — | — |
| Commercial agreement asset | $531.0K | $66.5M | $192.7M | $283.0M |
| Goodwill | $375.4M | $367.6M | $367.6M | — |
| Intangible assets, net | $52.4M | $59.2M | $78.0M | — |
| Total long-term assets | $476.1M | $540.3M | $681.9M | $787.9M |
| Total assets | $1.5B | $1.3B | $1.2B | $1.2B |
| Accounts payable (including related party payables of $51,226 and $59,574 as of December 31, 2024 and 2025, respectively) | $91.6M | $79.6M | $50.9M | $52.2M |
| Accrued expenses and other current liabilities (including related party payables of $10,279 and $14,843 as of December 31, 2024 and 2025, respectively) | $231.7M | $141.6M | $107.3M | $76.0M |
| Funds payable to customers | $181.7M | $123.0M | $111.2M | $78.1M |
| Short-term operating lease liabilities | $5.1M | $4.3M | $4.0M | $3.2M |
| Total current liabilities | $510.0M | $348.4M | $273.5M | $209.6M |
| Deferred tax liabilities, net | $286.0K | $0 | $6.5M | $6.6M |
| Long-term operating lease liabilities | $18.4M | $20.5M | $19.3M | $16.6M |
| Other long-term liabilities | $1.4M | $1.1M | $1.1M | $1.8M |
| Total liabilities | $530.1M | $370.0M | $300.4M | $234.5M |
| Ordinary Shares, with no par value, 300,000,000 shares authorized as of December 31, 2024 and 2025, respectively; 169,131,268 and 169,049,616 shares issued and outstanding as of December 31, 2024 and 2025, respectively; | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $1.5B | $1.4B | $1.4B | $1.3B |
| Accumulated comprehensive income | $2.8M | $515.0K | ($1.4M) | ($1.9M) |
| Accumulated deficit | ($536.3M) | ($532.4M) | ($456.9M) | ($323.0M) |
| Total shareholders’ equity | $932.7M | $893.4M | $902.0M | $928.1M |
| Total liabilities, and shareholders’ equity | $1.5B | $1.3B | $1.2B | $1.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Profit (loss) | $68.3M | ($75.5M) | ($133.8M) | ($195.4M) |
| Depreciation and amortization | $2.3M | $2.1M | $1.8M | $1.6M |
| Share-based compensation expense | $39.3M | $39.2M | $45.0M | $38.9M |
| Commercial agreement asset amortization | $66.0M | $148.6M | $150.5M | $149.0M |
| Intangible assets amortization | $18.7M | $18.8M | $20.4M | $27.8M |
| Unrealized loss (gain) on foreign currency | ($11.0M) | $4.5M | ($1.9M) | — |
| Changes in accrued interest and exchange rate on short-term deposits | ($3.1M) | ($1.3M) | ($416.0K) | ($291.0K) |
| Changes in accrued interest and exchange rate on long-term deposits | $0 | $200.0K | ($255.0K) | ($931.0K) |
| Increase in accounts receivable | ($14.4M) | ($13.3M) | ($11.4M) | $2.7M |
| Increase in prepaid expenses and other assets | ($36.0M) | ($18.0M) | ($11.7M) | ($2.7M) |
| Increase in funds receivable | ($6.7M) | ($3.2M) | ($11.1M) | $17.1M |
| Decrease (increase) in other assets, noncurrent | ($391.0K) | $551.0K | ($339.0K) | — |
| Increase in funds payable to customers | $58.7M | $11.8M | $33.1M | $17.7M |
| Decrease in operating lease ROU assets | $4.0M | $3.7M | $3.2M | $3.3M |
| Increase in deferred contract acquisition costs | ($688.0K) | ($1.4M) | ($1.2M) | ($761.0K) |
| Increase (decrease) in accounts payable (including an increase of related party payables of $711, $19,706, $8,348 for the years ended December 31, 2023, 2024 and 2025, respectively) | $12.0M | $28.6M | ($1.3M) | $16.6M |
| Increase in accrued expenses and other liabilities (including an increase of related party payables of $1,173, $3,387, $4,564 for the years ended December 31, 2023, 2024 and 2025, respectively) | $88.7M | $34.3M | $30.6M | $20.5M |
| Increase (decrease) in deferred taxes | ($436.0K) | ($6.5M) | $120.0K | ($8.2M) |
| Decrease in operating lease liabilities | ($1.4M) | ($3.5M) | ($3.1M) | ($4.4M) |
| Net cash provided by operating activities | $283.8M | $169.4M | $108.2M | $81.5M |
| Investment in marketable securities | ($39.5M) | ($21.1M) | ($3.7M) | ($8.3M) |
| Proceeds from marketable securities | $4.0M | $5.0M | $671.0K | $8.1M |
| Purchases of short-term and long-term investments | ($5.1M) | ($267.2M) | ($175.3M) | ($78.5M) |
| Purchases of short-term and long-term deposits | ($417.5M) | — | — | — |
| Proceeds from short-term and long-term deposits | $301.3M | $180.6M | — | $74.4M |
| Investment in joint ventures | ($3.0M) | — | — | — |
| Purchases of property and equipment | ($3.1M) | ($2.3M) | ($1.7M) | ($8.4M) |
| Payments for business combinations, net of cash acquired | ($17.8M) | $0 | $0 | ($317.5M) |
| Net cash used in investing activities | ($180.7M) | ($105.1M) | ($55.0M) | ($330.1M) |
| Proceeds from exercise of share options | $1.4M | $3.3M | $2.0M | $1.2M |
| Proceeds from repurchases of shares | -72.2M | — | — | — |
| Proceeds from exercise of warrants to Ordinary Shares | 0 | 5.0K | 22.0K | 73.0K |
| Net cash provided by financing activities | ($70.8M) | $3.3M | $2.0M | $1.2M |
| Exchange rate differences on balances of cash, cash equivalents and restricted cash | $11.0M | ($4.5M) | $1.9M | — |
| Net increase in cash, cash equivalents, and restricted cash | $43.2M | $63.1M | $57.1M | ($247.4M) |
| Cash and cash equivalents and restricted cash—beginning of period | $331.7M | $268.6M | $211.5M | $458.9M |
| Cash and cash equivalents and restricted cash—end of period | $374.9M | $331.7M | $268.6M | $211.5M |
| ROU assets and lease liabilities created during the period | $44.0K | $5.1M | $6.6M | $2.9M |
| Recognition of Commercial agreement asset | $0 | $22.4M | $60.2M | $235.5M |
Global-E Online Ltd. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.