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Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and Gaming & Leisure Properties, Inc. (GLPI). 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 $420.0M, roughly 1.5× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 0.9%, a 56.1% gap on every dollar of revenue.

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.

Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.

GLBE vs GLPI — Head-to-Head

Bigger by revenue
GLBE
GLBE
1.5× larger
GLBE
$625.5M
$420.0M
GLPI
Higher net margin
GLPI
GLPI
56.1% more per $
GLPI
57.0%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GLBE
GLBE
GLPI
GLPI
Revenue
$625.5M
$420.0M
Net Profit
$5.8M
$239.4M
Gross Margin
45.0%
Operating Margin
1.3%
79.4%
Net Margin
0.9%
57.0%
Revenue YoY
6.3%
Net Profit YoY
40.5%
EPS (diluted)

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.

Revenue
GLBE
GLBE
GLPI
GLPI
Q1 26
$420.0M
Q4 25
$407.0M
Q3 25
$625.5M
$397.6M
Q2 25
$404.8M
$394.9M
Q1 25
$189.9M
$395.2M
Q4 24
$389.6M
Q3 24
$489.9M
$385.3M
Q2 24
$313.9M
$380.6M
Net Profit
GLBE
GLBE
GLPI
GLPI
Q1 26
$239.4M
Q4 25
$275.4M
Q3 25
$5.8M
$241.2M
Q2 25
$-7.4M
$151.4M
Q1 25
$165.2M
Q4 24
$223.6M
Q3 24
$-77.1M
$184.7M
Q2 24
$-54.5M
$208.3M
Gross Margin
GLBE
GLBE
GLPI
GLPI
Q1 26
Q4 25
Q3 25
45.0%
Q2 25
44.9%
Q1 25
44.3%
Q4 24
Q3 24
45.1%
Q2 24
44.8%
Operating Margin
GLBE
GLBE
GLPI
GLPI
Q1 26
79.4%
Q4 25
89.3%
Q3 25
1.3%
84.8%
Q2 25
-2.1%
61.3%
Q1 25
-10.1%
65.5%
Q4 24
79.1%
Q3 24
-14.9%
70.4%
Q2 24
-16.6%
77.1%
Net Margin
GLBE
GLBE
GLPI
GLPI
Q1 26
57.0%
Q4 25
67.6%
Q3 25
0.9%
60.7%
Q2 25
-1.8%
38.4%
Q1 25
41.8%
Q4 24
57.4%
Q3 24
-15.7%
47.9%
Q2 24
-17.4%
54.7%
EPS (diluted)
GLBE
GLBE
GLPI
GLPI
Q1 26
Q4 25
$0.96
Q3 25
$0.85
Q2 25
$0.54
Q1 25
$0.60
Q4 24
$0.79
Q3 24
$0.67
Q2 24
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GLBE
GLBE
GLPI
GLPI
Cash + ST InvestmentsLiquidity on hand
$251.4M
$274.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$933.0M
$5.0B
Total Assets
$1.3B
$13.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
GLPI
GLPI
Q1 26
$274.5M
Q4 25
Q3 25
$251.4M
Q2 25
$205.2M
Q1 25
$207.7M
Q4 24
$560.8M
Q3 24
$207.3M
$560.8M
Q2 24
$229.8M
$560.8M
Total Debt
GLBE
GLBE
GLPI
GLPI
Q1 26
Q4 25
$7.2B
Q3 25
$7.2B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$7.7B
Q3 24
$7.4B
Q2 24
$6.6B
Stockholders' Equity
GLBE
GLBE
GLPI
GLPI
Q1 26
$5.0B
Q4 25
$4.6B
Q3 25
$933.0M
$4.6B
Q2 25
$909.1M
$4.6B
Q1 25
$884.3M
$4.2B
Q4 24
$4.3B
Q3 24
$869.4M
$4.3B
Q2 24
$878.7M
$4.1B
Total Assets
GLBE
GLBE
GLPI
GLPI
Q1 26
$13.8B
Q4 25
$12.9B
Q3 25
$1.3B
$12.8B
Q2 25
$1.2B
$12.5B
Q1 25
$1.2B
$12.1B
Q4 24
$13.1B
Q3 24
$1.2B
$12.7B
Q2 24
$1.1B
$11.8B
Debt / Equity
GLBE
GLBE
GLPI
GLPI
Q1 26
Q4 25
1.56×
Q3 25
1.57×
Q2 25
1.51×
Q1 25
1.63×
Q4 24
1.81×
Q3 24
1.74×
Q2 24
1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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