Global-e Online (GLBE) Revenue & Revenue Breakdown
Global-e Online Revenue Highlights
Latest Revenue (Y)
$569.95M
Latest Revenue (Q)
$145.87M
Main Segment (Y)
Fulfillment Services
Main Geography (Y)
UNITED STATES
Global-e Online Revenue by Period
Global-e Online Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $569.95M | 39.33% |
| 2022-12-31 | $409.05M | 66.77% |
| 2021-12-31 | $245.27M | 79.85% |
| 2020-12-31 | $136.38M | 107.09% |
| 2019-12-31 | $65.85M | 70.42% |
| 2018-12-31 | $38.64M | - |
Global-e Online generated $569.95M in revenue during NA 2023, up 39.33% compared to the previous quarter, and up 1475.02% compared to the same period a year ago.
Global-e Online Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $145.87M | -21.32% |
| 2023-12-31 | $185.40M | 38.77% |
| 2023-09-30 | $133.60M | 0.22% |
| 2023-06-30 | $133.31M | 13.33% |
| 2023-03-31 | $117.63M | -15.90% |
| 2022-12-31 | $139.87M | 32.50% |
| 2022-09-30 | $105.56M | 20.90% |
| 2022-06-30 | $87.31M | 14.39% |
| 2022-03-31 | $76.32M | -7.73% |
| 2021-12-31 | $82.72M | 39.92% |
| 2021-09-30 | $59.12M | 3.20% |
| 2021-06-30 | $57.29M | 24.13% |
| 2021-03-31 | $46.15M | -13.86% |
| 2020-12-31 | $53.57M | 60.76% |
| 2020-09-30 | $33.33M | 11.88% |
| 2020-06-30 | $29.79M | 51.29% |
| 2020-03-31 | $19.69M | - |
Global-e Online generated $145.87M in revenue during Q1 2024, up -21.32% compared to the previous quarter, and up 104.30% compared to the same period a year ago.
Global-e Online Revenue Breakdown
Global-e Online Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Service Fees | $262.25M | $181.89M | $96.66M |
| Fulfillment Services | $307.69M | $227.16M | $148.62M |
Global-e Online's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fulfillment Services (53.99%), and Service Fees (46.01%).
Global-e Online Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| UNITED STATES | $285.62M | $173.97M | $71.09M |
| European Union | $92.57M | $78.49M | $58.18M |
| Other Countries | $16.37M | $8.67M | $1.11M |
| ISRAEL | $1.81M | $1.36M | $1.05M |
Global-e Online's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (72.06%), European Union (23.35%), Other Countries (4.13%), and ISRAEL (0.46%).
Global-e Online Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| BABA | Alibaba Group | $941.17B | $221.87B |
| PDD | PDD | $247.64B | $86.81B |
| VIPS | Vipshop | $112.86B | $27.65B |
| MELI | MercadoLibre | $14.47B | $4.59B |
| SE | Sea | $13.08B | $3.73B |
| ETSY | Etsy | $2.75B | $647.81M |
| FTCH | Farfetch | $2.32B | $572.09M |
| GLBE | Global-e Online | $569.95M | $145.87M |
| JMIA | Jumia | $186.40M | $45.31M |
GLBE Revenue FAQ
What is Global-e Online’s yearly revenue?
Global-e Online's yearly revenue for 2023 was $569.95M, representing an increase of 39.33% compared to 2022. The company's yearly revenue for 2022 was $409.05M, representing an increase of 66.77% compared to 2021. GLBE's yearly revenue for 2021 was $245.27M, representing an increase of 79.85% compared to 2020.
What is Global-e Online’s quarterly revenue?
Global-e Online's quarterly revenue for Q1 2024 was $145.87M, a -21.32% decrease from the previous quarter (Q4 2023), and a 24.01% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $185.4M, a 38.77% increase from the previous quarter (Q3 2023), and a 32.56% increase year-over-year (Q4 2022). GLBE's quarterly revenue for Q3 2023 was $133.6M, a 0.22% increase from the previous quarter (Q2 2023), and a 26.57% increase year-over-year (Q3 2022).
What is Global-e Online’s revenue growth rate?
Global-e Online's revenue growth rate for the last 3 years (2021-2023) was 132.37%, and for the last 5 years (2019-2023) was 765.50%.
What are Global-e Online’s revenue streams?
Global-e Online's revenue streams in c 23 are Service Fees, and Fulfillment Services. Service Fees generated $262.26M in revenue, accounting 46.01% of the company's total revenue, up 44.19% year-over-year. Fulfillment Services generated $307.69M in revenue, accounting 53.99% of the company's total revenue, up 35.45% year-over-year.
What is Global-e Online’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Global-e Online was Fulfillment Services. This segment made a revenue of $307.69M, representing 53.99% of the company's total revenue.