Global-e Online Ltd. reported strong financial results for the second quarter of 2025 on August 13, 2025, meeting or exceeding all of its guidance ranges. The company achieved the significant milestone of sustainable GAAP profitability during the quarter, reporting a net profit of $10.5 million, a substantial improvement from a net loss of $22.4 million in the prior year.
Gross Merchandise Value (GMV) in Q2 2025 increased by 34% year-over-year to $1.454 billion, and revenues grew by 28% year-over-year to nearly $215 million. Adjusted gross profit reached just under $100 million, a 24% increase from the previous year, with a non-GAAP gross margin expanding to 46.5%.
Global-e generated robust free cash flow of $63.5 million in the quarter and ended with $516 million in cash and cash equivalents. The company raised its full-year 2025 guidance, projecting GMV between $6.22 billion and $6.52 billion, and revenue between $921.5 million and $971.5 million, with adjusted EBITDA expected to be between $180 million and $200 million, and full-year GAAP profitability anticipated.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.