Overview

* Global-e Q3 2025 revenue grows 25%, beating analyst expectations

* Adjusted EBITDA for Q3 2025 increases 33% year-over-year

* Company announces $200 mln share repurchase program

Outlook

* Global-e raises FY 2025 GMV guidance to $6.404 bln - $6.524 bln

* Company expects Q4 2025 revenue between $318.5 mln and $334.5 mln

* Global-e projects FY 2025 adjusted EBITDA of $185.6 mln - $200 mln

Result Drivers

* MERCHANT EXPANSION - Growth driven by new and existing merchants leveraging Global-e's platform, per CEO Amir Schlachet

* NEW SERVICES - Co cites innovative value-added services and data-driven know-how as key growth drivers

* INCREASED ADOPTION - Co reports increased adoption of 3B2C and duty drawback solutions among merchants

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $220.80 $218 mln

Revenue mln (11

Analysts

)

Q3 Net $13.20

Income mln

Q3 $41.30

Adjusted mln

EBITDA

Q3 46.30%

Adjusted

Gross

Margin

Q3 GMV $1.51

bln

Q3 Gross $99.60

Profit 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 ( GLBE ) is $47.00, about 21.3% above its November 18 closing price of $37.01

* The stock recently traded at 43 times the next 12-month earnings vs. a P/E of 49 three months ago

Press Release:

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(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.)