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Side-by-side financial comparison of ALGONQUIN POWER & UTILITIES CORP. (AQN) and Global-E Online Ltd. (GLBE). Click either name above to swap in a different company.
Global-E Online Ltd. is the larger business by last-quarter revenue ($625.5M vs $527.8M, roughly 1.2× ALGONQUIN POWER & UTILITIES CORP.). ALGONQUIN POWER & UTILITIES CORP. runs the higher net margin — 4.6% vs 0.9%, a 3.6% gap on every dollar of revenue.
Algonquin Power & Utilities Corp. is a Canadian regulated utility company with assets across North America, Bermuda, and Chile. Algonquin provides water, wastewater, natural gas, and electricity services through its operating subsidiaries: Liberty Utilities, its regulated utility business; Bermuda Electric Light Company, and Suralis in Chile.
Global-E Online Ltd. operates a leading cross-border e-commerce enablement platform that helps direct-to-consumer brands and retail enterprises expand their international sales reach. It offers end-to-end services including localized checkout, payment processing, customs clearance, logistics coordination, and duty calculation, serving clients across North America, Europe, and the Asia-Pacific region.
AQN vs GLBE — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $527.8M | $625.5M |
| Net Profit | $24.1M | $5.8M |
| Gross Margin | 36.8% | 45.0% |
| Operating Margin | 12.3% | 1.3% |
| Net Margin | 4.6% | 0.9% |
| Revenue YoY | -11.8% | — |
| Net Profit YoY | -88.0% | — |
| EPS (diluted) | $0.02 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q3 25 | — | $625.5M | ||
| Q2 25 | $527.8M | $404.8M | ||
| Q1 25 | — | $189.9M | ||
| Q3 24 | — | $489.9M | ||
| Q2 24 | $598.6M | $313.9M | ||
| Q1 24 | — | $145.9M | ||
| Q2 23 | $627.9M | — | ||
| Q2 22 | $619.4M | — |
| Q3 25 | — | $5.8M | ||
| Q2 25 | $24.1M | $-7.4M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $-77.1M | ||
| Q2 24 | $200.8M | $-54.5M | ||
| Q1 24 | — | — | ||
| Q2 23 | $-253.2M | — | ||
| Q2 22 | $-33.4M | — |
| Q3 25 | — | 45.0% | ||
| Q2 25 | 36.8% | 44.9% | ||
| Q1 25 | — | 44.3% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | 29.6% | 44.8% | ||
| Q1 24 | — | 43.4% | ||
| Q2 23 | 24.3% | — | ||
| Q2 22 | 22.6% | — |
| Q3 25 | — | 1.3% | ||
| Q2 25 | 12.3% | -2.1% | ||
| Q1 25 | — | -10.1% | ||
| Q3 24 | — | -14.9% | ||
| Q2 24 | 13.7% | -16.6% | ||
| Q1 24 | — | -20.1% | ||
| Q2 23 | 14.9% | — | ||
| Q2 22 | 17.3% | — |
| Q3 25 | — | 0.9% | ||
| Q2 25 | 4.6% | -1.8% | ||
| Q1 25 | — | — | ||
| Q3 24 | — | -15.7% | ||
| Q2 24 | 33.5% | -17.4% | ||
| Q1 24 | — | — | ||
| Q2 23 | -40.3% | — | ||
| Q2 22 | -5.4% | — |
| Q3 25 | — | — | ||
| Q2 25 | $0.02 | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $0.03 | — | ||
| Q1 24 | — | — | ||
| Q2 23 | $-0.16 | — | ||
| Q2 22 | $0.02 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $55.1M | $251.4M |
| Total DebtLower is stronger | $6.3B | — |
| Stockholders' EquityBook value | $4.7B | $933.0M |
| Total Assets | $3.6B | $1.3B |
| Debt / EquityLower = less leverage | 1.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $251.4M | ||
| Q2 25 | $55.1M | $205.2M | ||
| Q1 25 | — | $207.7M | ||
| Q3 24 | — | $207.3M | ||
| Q2 24 | $237.9M | $229.8M | ||
| Q1 24 | — | $181.9M | ||
| Q2 23 | $403.6M | — | ||
| Q2 22 | $227.6M | — |
| Q3 25 | — | — | ||
| Q2 25 | $6.3B | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $8.3B | — | ||
| Q1 24 | — | — | ||
| Q2 23 | $8.1B | — | ||
| Q2 22 | $7.5B | — |
| Q3 25 | — | $933.0M | ||
| Q2 25 | $4.7B | $909.1M | ||
| Q1 25 | — | $884.3M | ||
| Q3 24 | — | $869.4M | ||
| Q2 24 | $6.2B | $878.7M | ||
| Q1 24 | — | $886.9M | ||
| Q2 23 | $5.2B | — | ||
| Q2 22 | $5.6B | — |
| Q3 25 | — | $1.3B | ||
| Q2 25 | $3.6B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $3.1B | $1.1B | ||
| Q1 24 | — | $1.1B | ||
| Q2 23 | $3.3B | — | ||
| Q2 22 | $3.3B | — |
| Q3 25 | — | — | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.34× | — | ||
| Q1 24 | — | — | ||
| Q2 23 | 1.56× | — | ||
| Q2 22 | 1.33× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $249.9M | — |
| Free Cash FlowOCF − Capex | $64.1M | — |
| FCF MarginFCF / Revenue | 12.1% | — |
| Capex IntensityCapex / Revenue | 35.2% | — |
| Cash ConversionOCF / Net Profit | 10.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-41.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | — | ||
| Q2 25 | $249.9M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $236.2M | — | ||
| Q1 24 | — | — | ||
| Q2 23 | $261.4M | — | ||
| Q2 22 | $135.3M | — |
| Q3 25 | — | — | ||
| Q2 25 | $64.1M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $31.9M | — | ||
| Q1 24 | — | — | ||
| Q2 23 | $16.2M | — | ||
| Q2 22 | $-112.2M | — |
| Q3 25 | — | — | ||
| Q2 25 | 12.1% | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | — | — | ||
| Q2 23 | 2.6% | — | ||
| Q2 22 | -18.1% | — |
| Q3 25 | — | — | ||
| Q2 25 | 35.2% | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 34.1% | — | ||
| Q1 24 | — | — | ||
| Q2 23 | 39.1% | — | ||
| Q2 22 | 40.0% | — |
| Q3 25 | — | — | ||
| Q2 25 | 10.37× | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.18× | — | ||
| Q1 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
