← Global-E Online Ltd.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $68.6m | $448.6m | $165.0m | $200.1m | $254.6m | $245.9m | |
| Accounts receivable, net (net of allowance for credit losses of $1,110 and $522 as of December 31, 2024 and 2025, respectively) | $3.6m | $9.2m | $16.4m | $27.8m | $41.2m | $55.7m | |
| Prepaid expenses and other current assets | $23.0m | $46.6m | $51.9m | $64.0m | $84.6m | $126.5m | |
| Funds receivable, including cash in banks | $34.5m | $57.6m | $78.1m | $111.2m | $123.0m | $181.7m | |
| Total current assets | $153.1m | $622.5m | $374.7m | $520.5m | $723.2m | $986.7m | |
| Long-term investments and other long-term assets | — | — | — | — | $8.3m | $11.8m | |
| Property and equipment, net | $717k | $3.3m | $10.3m | $10.2m | $10.4m | $11.2m | |
| Goodwill | — | — | $367.6m | $367.6m | $367.6m | $375.4m | |
| Intangible assets, net | — | — | $98.5m | $78.0m | $59.2m | $52.4m | |
| Operating lease right-of-use assets | $4.2m | $20.1m | $19.7m | $23.1m | $24.4m | $20.5m | |
| Other assets, noncurrent | $368k | $213k | $3.7m | $4.1m | $3.4m | — | |
| Short-term deposits | $6.5m | $42.0m | $46.4m | $96.9m | $183.5m | $302.8m | |
| Marketable securities | $16.9m | $18.5m | $16.8m | $20.4m | $36.3m | $74.1m | |
| Long-term deposits | $2.2m | $2.2m | $3.2m | $3.6m | $3.8m | — | |
| Deferred contract acquisition and fulfillment costs, noncurrent | $729k | $1.3m | $1.8m | $2.7m | $3.8m | $4.2m | |
| Deferred tax assets | — | $0 | $171k | $0 | — | — | |
| Commercial agreement asset | $0 | $196.5m | $283.0m | $192.7m | $66.5m | $531k | |
| Accrued expenses and other current liabilities (including related party payables of $10,279 and $14,843 as of December 31, 2024 and 2025, respectively) | $29.4m | $47.4m | $76.0m | $107.3m | $141.6m | $231.7m | |
| Funds payable to customers | $34.5m | $57.6m | $78.1m | $111.2m | $123.0m | $181.7m | |
| Short-term operating lease liabilities | $915k | $2.5m | $3.2m | $4.0m | $4.3m | $5.1m | |
| Long-term operating lease liabilities | $3.5m | $18.8m | $16.6m | $19.3m | $20.5m | $18.4m | |
| Ordinary Shares, with no par value, 300,000,000 shares authorized as of December 31, 2024 and 2025, respectively; 169,131,268 and 169,049,616 shares issued and outstanding as of December 31, 2024 and 2025, respectively; | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total long-term assets | $8.2m | $223.7m | $787.9m | $681.9m | $540.3m | $476.1m | |
| Total shareholders’ equity | ($44.5m) | $695.8m | $928.1m | $902.0m | $893.4m | $932.7m | |
| Total assets | $161.3m | $846.1m | $1.2b | $1.2b | $1.3b | $1.5b | |
| Accounts payable (including related party payables of $51,226 and $59,574 as of December 31, 2024 and 2025, respectively) | $19.1m | $24.1m | $52.2m | $50.9m | $79.6m | $91.6m | |
| Total current liabilities | $83.9m | $131.6m | $209.6m | $273.5m | $348.4m | $510.0m | |
| Deferred tax liabilities, net | $105k | $0 | $6.6m | $6.5m | $0 | $286k | |
| Other long-term liabilities | — | $0 | $1.8m | $1.1m | $1.1m | $1.4m | |
| Total liabilities | $93.3m | $150.4m | $234.5m | $300.4m | $370.0m | $530.1m | |
| Additional paid-in capital | $8.1m | $823.5m | $1.3b | $1.4b | $1.4b | $1.5b | |
| Accumulated comprehensive income | $111k | ($159k) | ($1.9m) | ($1.4m) | $515k | $2.8m | |
| Accumulated deficit | ($52.7m) | ($127.6m) | ($323.0m) | ($456.9m) | ($532.4m) | ($536.3m) | |
| Total liabilities, and shareholders’ equity | $161.3m | $846.1m | $1.2b | $1.2b | $1.3b | $1.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.