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

Reuters
Aug 13
E-commerce firm Global-e beats <a href="https://laohu8.com/S/QTWO">Q2</a> revenue expectations, raises FY 25 guidance

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.)

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