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/Mis Actual Consensu

s s

Estimate

Q2 Beat $214.90 $208 mln

Revenue mln (11

Analysts

)

Q2 Net $10.50

Income mln

Q2 $38.50

Adjusted mln

EBITDA

Q2 46.5%

Adjusted

Gross

Margin

Q2 GMV $1.45

bln

Q2 Gross $97.70

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 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:

(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.)