Global-e posts record Q4 GMV of $2.36B, up 38%
Global-e Online (NASDAQ:GLBE) reported fourth-quarter 2025 gross merchandise volume (GMV) of $2.361 billion, an increase of 37.8% year over year, while revenue reached $336.7 million, up 28% from the prior-year period.
The strong top-line performance reflected accelerated growth in both existing merchant relationships and new client wins, particularly in high-value categories.
For the full year 2025, GMV totaled $6.569 billion, up 35% year over year, while adjusted EBITDA rose 41% to $198.5 million, demonstrating meaningful operating leverage as the company scaled its platform and realized efficiencies in technology and go-to-market investments.
The company also executed $72 million in share repurchases during the fourth quarter under its authorized buyback program.
Looking to 2026, Global-e issued guidance projecting revenue in the range of $1.211 billion to $1.271 billion, representing growth of approximately 26% to 32% at the midpoint from 2025 levels.
Adjusted EBITDA is expected to be between $259 million and $284 million.
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