GLBE · Global-e Online Ltd.

Global-e Online Ltd. reported robust first-quarter 2026 results, with GMV surging 40% year-over-year to $1,742 million and revenue climbing 33% to $252.1 million. The growth was fueled by strong volume trends from both existing merchants and recently launched brands, including notable enterprise additions such as LVMH-owned Fresh, F1 driver Lando Norris's Quadrant, and the Roland Garros online store. The company's adjusted EBITDA margin expanded 330 basis points to 19.9%, reflecting significant operating leverage and progress toward long-term targets. Management highlighted the successful execution of the Shopify Managed Markets 2.0 rollout, with expansion into Canada and migration of merchants from the legacy version. Additionally, Global-e continued to enhance its value-added services, including Duty Drawback and Buy Online Pickup In Store (BOPIS) capabilities. The company raised its full-year 2026 guidance across all metrics, now expecting GMV of $8,530-$8,880 million, revenue of $1,220-$1,280 million, and adjusted EBITDA of $264.5-$289.5 million. During the quarter, Global-e repurchased $59 million in shares, bringing total repurchases under the $200 million plan to $131 million. The strong operational performance and raised outlook underscore the company's market leadership in cross-border e-commerce and its ability to drive profitable growth.