Global-e Raises 2026 Outlook After 44% GMV Surge, Q2 Beats Across the Board
GLBE sits 57% above its 52-week low of $26.845.
Summary
Global-e delivered a blowout Q2: revenue of $299M (up 39% YoY) crushed the $283M consensus, while adjusted EPS of $0.37 nearly doubled the $0.22 estimate. GMV jumped 44% to $2.09B, and net profit surged to $47.7M from $10.5M a year ago. Management raised full-year revenue guidance to $1.305B-$1.355B (from $1.22B-$1.28B), well above the $1.276B Street view, and lifted GMV and EBITDA targets. The company also completed its $200M buyback and authorized a new $500M program. Shares rose 5.4% on the news, building on the earlier Q3 guidance beat. This follows the Passport acquisition closing in July, with the integration contributing $55M-$59M in second-half revenue. The acceleration in core e-commerce volumes and margin expansion signal strong execution and demand tailwinds.
At the time of this announcement, GLBE was trading at $42.10 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $26.85 to $43.99. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Benzinga.