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Global-E delivered a robust Q1 2025 performance with a 30% year-over-year increase in revenue and a significant boost in GMV. Despite posting a net loss, the company improved its profitability metrics and strengthened its partnership with Shopify.
Global-e reported strong Q4 2024 results, achieving record revenue of $262.91 million, a 41.8% YoY increase. The company reached GAAP profitability with a net income of $1.51 million and surpassed a 20% Adjusted EBITDA margin. Gross profit improved to $118.66 million, and free cash flow reached $128.80 million.