E-commerce firm Global-e beats Q2 revenue expectations, raises FY 25 guidance

Global-E Online

13/08/2025 11:13

Overview

Global-e Q2 2025 revenue rises 28% yr/yr, beating analyst expectations

Company achieves GAAP profitability with net profit of $10.5 mln

Co raises full-year guidance, reflecting confidence in continued growth

Outlook

Global-e expects Q3 2025 GMV between $1,455 mln and $1,495 mln

Company raises FY 2025 GMV guidance to $6,220 mln - $6,520 mln

Global-e projects Q3 2025 revenue between $214 mln and $221 mln

Company anticipates FY 2025 revenue of $921.5 mln - $971.5 mln

Result Drivers

MERCHANT ONBOARDING - Co attributes revenue growth to onboarding new merchants across diverse geographies and verticals

STRATEGIC PARTNERSHIPS - Extended partnership with DHL and acquisition of ReturnGo contributed to operational efficiency

GMV GROWTH - 34% yr/yr increase in GMV reflects strong demand for global e-commerce solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$214.90 mln
$208 mln (11 Analysts)
Q2 Net Income
$10.50 mln
Q2 Adjusted EBITDA
$38.50 mln
Q2 Adjusted Gross Margin
46.5%
Q2 GMV
$1.45 bln
Q2 Gross Profit
$97.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Global-E Online Ltd is $47.00, about 27.7% above its August 12 closing price of $33.97

The stock recently traded at 50 times the next 12-month earnings vs. a P/E of 78 three months ago

Press Release: ID:nGNX3C1CwH

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)