Global-e Online vs Mara Holdings
Global-e Online and Mara Holdings are similar in size: $962m and $907m of revenue in their latest fiscal years. Mara Holdings grew faster (38.2% against 27.8%). Global-e Online kept more of each dollar of sales as profit: a net margin of 7.1% against -144.6%. Global-e Online carries less debt relative to equity (0.0% against 105.1%).
| Latest fiscal year | Global-e OnlineGLBE, 2025 | Mara HoldingsMARA, 2025 |
|---|---|---|
| Revenue | $962m | $907m |
| Revenue growth | 27.8% | 38.2% |
| Net income | $68.3m | −$1.31bn |
| Operating margin | 7.4% | -135.0% |
| Net margin | 7.1% | -144.6% |
| Return on equity | 7.5% | -34.5% |
| Free cash flow | $281m | −$1.21bn |
| Cash | $246m | $547m |
| Total debt | $0 | $3.65bn |
| Debt to equity | 0.0% | 105.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $72.2m | $46.9m |
| Employees | — | 266 |
| Market value | $7.01bn | $2.72bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | 6 (Weak) |
| Insider trades, 12 months | 0 buys, 93 sales | 0 buys, 34 sales |