---
title: "Global-E Online Corrects GMV Disclosure in 2025 Annual Report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281228399.md"
description: "Global-E Online (GLBE) corrected a scrivener’s error in its 2025 annual report, stating that existing merchants contributed 91% of GMV in 2025, not 87% as previously reported. New merchants generated $623 million of GMV, representing 9% of the total $6.569 billion. This correction highlights the stability of the existing merchant base. Analysts rate GLBE stock as a Buy with a $43.00 price target, citing strong financial quality and growth guidance, despite some valuation concerns. Global-E Online specializes in cross-border e-commerce solutions for retailers."
datetime: "2026-03-31T18:19:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281228399.md)
  - [en](https://longbridge.com/en/news/281228399.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281228399.md)
---

# Global-E Online Corrects GMV Disclosure in 2025 Annual Report

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Global-e Online ( (GLBE) ) has shared an update.

Global-E Online clarified on March 31, 2026 that its recently filed 2025 annual report contained a scrivener’s error regarding the contribution of existing merchants to GMV. The company stated that existing merchants accounted for 87% and 91% of GMV in 2024 and 2025, respectively, instead of 87% and 87% as previously reported.

Global-E further noted that in 2025 new merchants generated $623 million of GMV out of a total $6.569 billion, confirming that new merchants represented 9% of GMV while existing merchants contributed 91%. The correction underscores the continuing dominance of the existing merchant base in driving the company’s transaction volumes and may reassure investors about the stability and loyalty of its core clientele.

The most recent analyst rating on (GLBE) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Global-e Online stock, see the GLBE Stock Forecast page.

**Spark’s Take on GLBE Stock**

According to Spark, TipRanks’ AI Analyst, GLBE is a Outperform.

The score is driven primarily by strong financial quality (low leverage, robust and high-quality free cash flow, and a 2025 profitability inflection) and a very constructive earnings-call outlook with \>30% growth guidance and margin expansion. Offsetting these positives are a weak-to-mixed technical picture and a stretched valuation (high P/E with no dividend), which increases sensitivity to execution and macro/tariff-related uncertainty.

To see Spark’s full report on GLBE stock, click here.

**More about Global-e Online**

Global-E Online Ltd. is an Israel-based e-commerce enablement company that provides cross-border online sales solutions for merchants. The company focuses on helping retailers optimize international transactions and gross merchandise value (GMV) across multiple markets.

**Average Trading Volume:** 1,595,886

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $4.85B

See more insights into GLBE stock on TipRanks’ Stock Analysis page.

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