Global-e Reports 40% GMV Growth, Raises FY 2026 GMV Outlook to $8.88B
Global-e delivered 40% year-over-year GMV growth to $1.742 billion and 33% revenue growth to $252.1 million in Q1 2026, while adjusted EBITDA margin rose 330 basis points to 19.9%. The company raised its FY 2026 guidance, boosting GMV outlook to $8.53–8.88 billion and revenue to $1.22–1.28 billion.
1. Q1 Financial Results
Global-e posted first-quarter GMV of $1,742 million, up 40% year-over-year, and revenue of $252.1 million, up 33%. Non-GAAP gross profit rose 37% to $118.5 million, and adjusted EBITDA climbed 59% to $50.2 million, driving margins to 19.9%.
2. Business Highlights
The platform saw strong volume growth from both existing and newly onboarded merchants, advanced its Duty Drawback service into additional markets, and rolled out Shopify Managed Markets Version 2.0. Enterprise brand launches included major names across North America, Europe and APAC, enhancing global direct-to-consumer reach.
3. Outlook and Share Repurchase
Global-e raised its full-year 2026 guidance to $8.53–8.88 billion in GMV, $1.22–1.28 billion in revenue and $264.5–289.5 million in adjusted EBITDA, while Q2 targets GMV of $1.945–1.985 billion. The company repurchased $59 million of shares in Q1, totaling $131 million of its $200 million repurchase plan.