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Global-e Online (GLBE) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$569.95M39.33%
2022-12-31$409.05M66.77%
2021-12-31$245.27M79.85%
2020-12-31$136.38M107.09%
2019-12-31$65.85M70.42%
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

DateRevenueChange
2024-03-31$145.87M-21.32%
2023-12-31$185.40M38.77%
2023-09-30$133.60M0.22%
2023-06-30$133.31M13.33%
2023-03-31$117.63M-15.90%
2022-12-31$139.87M32.50%
2022-09-30$105.56M20.90%
2022-06-30$87.31M14.39%
2022-03-31$76.32M-7.73%
2021-12-31$82.72M39.92%
2021-09-30$59.12M3.20%
2021-06-30$57.29M24.13%
2021-03-31$46.15M-13.86%
2020-12-31$53.57M60.76%
2020-09-30$33.33M11.88%
2020-06-30$29.79M51.29%
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/ServiceDec 24Dec 23Dec 22Dec 21
Service Fees$350.31M$262.25M$181.89M$96.66M
Fulfillment Services$402.45M$307.69M$227.16M$148.62M

Global-e Online's latest annual revenue breakdown by segment (product or service), as of Dec 24: Fulfillment Services (53.46%), and Service Fees (46.54%).

Global-e Online Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21
Other Countries$41.97M$16.37M$8.67M$1.11M
UNITED STATES$399.60M$285.62M$173.97M$71.09M
European Union$125.55M$92.57M$78.49M$58.18M
ISRAEL$2.75M$1.81M$1.36M$1.05M

Global-e Online's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (70.12%), European Union (22.03%), Other Countries (7.37%), and ISRAEL (0.48%).

Global-e Online Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JDJD$1.08T$260.05B
BABAAlibaba Group$941.17B$221.87B
PDDPDD$247.64B$86.81B
VIPSVipshop$112.86B$27.65B
MELIMercadoLibre$18.64B$4.76B
SESea$13.06B$4.33B
ETSYEtsy$2.81B$662.41M
GLBEGlobal-e Online$569.95M$145.87M
JMIAJumia$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 24 are Service Fees, and Fulfillment Services. Service Fees generated $350.31M in revenue, accounting 46.54% of the company's total revenue, up 33.58% year-over-year. Fulfillment Services generated $402.45M in revenue, accounting 53.46% of the company's total revenue, up 30.80% year-over-year.

What is Global-e Online’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Global-e Online was Fulfillment Services. This segment made a revenue of $402.45M, representing 53.46% of the company's total revenue.