Global-e
GLBE
#2204
Rank
โ‚ฌ6.68 B
Marketcap
40,05ย โ‚ฌ
Share price
-0.66%
Change (1 day)
16.96%
Change (1 year)

Operating Margin for Global-e (GLBE)

Operating Margin as of November 2024 (TTM): -16.83%

According to Global-e's latest financial reports and stock price the company's current Operating Margin is -16.83%. At the end of 2022 the company had an Operating Margin of -49.24%.

Operating Margin history for Global-e from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-49.24%62.71%
2021-30.26%-1113.05%
20202.99%-126.19%
2019-11.40%-61.82%
2018-29.87%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.