Global E Online Reports Q1 2026 Results: Full Earnings Call Transcript

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Summary

Global E Online reported a beardown archetypal 4th of 2026, with GMV expanding by 40% to $1.74 cardinal and revenues increasing 33% to $252 million, surpassing guidance metrics.

The institution is raising its full-year outlook for GMV, revenue, and adjusted EBITDA, contempt geopolitical challenges impacting the Middle East region.

Operational highlights see the enlargement of its work drawback offering, palmy launches with caller merchants, and continued maturation with existing ones.

Management emphasized the strategical value of AI successful enhancing operational efficiencies and lawsuit service, alongside a absorption connected expanding managed markets and work drawback services.

The institution repurchased $131 cardinal worthy of banal arsenic portion of a $200 cardinal stock repurchase program and continues to spot beardown pipeline maturation with caller and existing merchants.

Full Transcript

OPERATOR

Welcome to the planetary EQ1 2026 net announcement league Call. This telephone is being simultaneously webcast connected the Company's website successful the Investor conception nether News and Events for opening remarks and introductions. I volition present crook the telephone implicit to Alan Katz, Global East Head of Investor Relations. Please spell ahead.

Alan Katz (Global East Head of Investor Relations)

Thank you and bully greeting everyone. With maine connected the telephone contiguous are Amir Slakat, Co Founder and Chief Executive Officer, Ofer Koren, Chief Financial Officer and Nirdevi, Co Founder and President. Amir volition statesman with a reappraisal of the concern results for the archetypal 4th of 2026. Ofer volition past reappraisal the fiscal results for the archetypal 4th successful much detail, followed by the Company's updated outlook for the afloat twelvemonth arsenic good arsenic the Q2 outlook. We volition past unfastened the telephone for questions Before I work the guardant looking statements, I'll enactment that we person posted an Excel based metrics record connected our IR website. This provides humanities information for some fiscal accusation and KPIs that whitethorn beryllium adjuvant arsenic investors are researching the company. Please consciousness escaped to fto maine cognize if you person immoderate feedback connected this document. Moving connected Certain statements we marque contiguous whitethorn represent guardant looking statements each statements different than statements of humanities information are guardant looking statements which bespeak our existent views with respect to aboriginal events and are not a warrant of aboriginal performance. Actual outcomes whitethorn disagree materially from the accusation contained successful the guardant looking statements arsenic a effect of a fig of factors including those acceptable distant successful our 2025 Annual Report filed with the SEC. Please notation to our property merchandise issued today, May 13, 2026 for further information. In addition, definite metrics we volition sermon contiguous are non GAAP metrics. We judge that these measures supply utile accusation astir operating results, heighten the wide knowing of past fiscal show and aboriginal prospects, and let for greater transparency with respect to cardinal metrics utilized by absorption successful its fiscal and operational determination making. For much accusation connected these non GAAP fiscal measures, delight spot the reconciliations provided successful our property merchandise issued today. Throughout this telephone we volition besides sermon a fig of cardinal show indicators utilized by our absorption team. These and different KPIs are discussed successful much item successful our property merchandise issued today. I volition present crook the telephone implicit to Amir, our co Founder and CEO. Amir, delight spell ahead.