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Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and Kyivstar Group Ltd. (KYIV). 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 $321.0M, roughly 1.9× Kyivstar Group Ltd.). Kyivstar Group Ltd. runs the higher net margin — 28.0% vs 0.9%, a 27.1% 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.

Kyivstar is a Ukrainian telecommunications operator offering fixed and mobile voice and data services, including 4G LTE, throughout Ukraine. The Kyivstar mobile network covers all cities of Ukraine, as well as more than 28,000 rural settlements, all major national and regional routes, most sea, and river coasts. As of 2024, Kyivstar served approximately 24 million mobile subscribers and over 1 million fixed-broadband customers. In 2024, Kyivstar partnered with Starlink to offer satellite-base...

GLBE vs KYIV — Head-to-Head

Bigger by revenue
GLBE
GLBE
1.9× larger
GLBE
$625.5M
$321.0M
KYIV
Higher net margin
KYIV
KYIV
27.1% more per $
KYIV
28.0%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GLBE
GLBE
KYIV
KYIV
Revenue
$625.5M
$321.0M
Net Profit
$5.8M
$90.0M
Gross Margin
45.0%
Operating Margin
1.3%
35.5%
Net Margin
0.9%
28.0%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.41

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
KYIV
KYIV
Q4 25
$321.0M
Q3 25
$625.5M
$297.0M
Q2 25
$404.8M
Q1 25
$189.9M
Q3 24
$489.9M
Q2 24
$313.9M
Q1 24
$145.9M
Net Profit
GLBE
GLBE
KYIV
KYIV
Q4 25
$90.0M
Q3 25
$5.8M
$-89.0M
Q2 25
$-7.4M
Q1 25
Q3 24
$-77.1M
Q2 24
$-54.5M
Q1 24
Gross Margin
GLBE
GLBE
KYIV
KYIV
Q4 25
Q3 25
45.0%
45.5%
Q2 25
44.9%
Q1 25
44.3%
Q3 24
45.1%
Q2 24
44.8%
Q1 24
43.4%
Operating Margin
GLBE
GLBE
KYIV
KYIV
Q4 25
35.5%
Q3 25
1.3%
-16.2%
Q2 25
-2.1%
Q1 25
-10.1%
Q3 24
-14.9%
Q2 24
-16.6%
Q1 24
-20.1%
Net Margin
GLBE
GLBE
KYIV
KYIV
Q4 25
28.0%
Q3 25
0.9%
-30.0%
Q2 25
-1.8%
Q1 25
Q3 24
-15.7%
Q2 24
-17.4%
Q1 24
EPS (diluted)
GLBE
GLBE
KYIV
KYIV
Q4 25
$0.41
Q3 25
$-0.41
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
KYIV
KYIV
Cash + ST InvestmentsLiquidity on hand
$251.4M
$455.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$933.0M
$1.3B
Total Assets
$1.3B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
KYIV
KYIV
Q4 25
$455.0M
Q3 25
$251.4M
$472.0M
Q2 25
$205.2M
Q1 25
$207.7M
Q3 24
$207.3M
Q2 24
$229.8M
Q1 24
$181.9M
Stockholders' Equity
GLBE
GLBE
KYIV
KYIV
Q4 25
$1.3B
Q3 25
$933.0M
$1.2B
Q2 25
$909.1M
Q1 25
$884.3M
Q3 24
$869.4M
Q2 24
$878.7M
Q1 24
$886.9M
Total Assets
GLBE
GLBE
KYIV
KYIV
Q4 25
$2.1B
Q3 25
$1.3B
$2.0B
Q2 25
$1.2B
Q1 25
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GLBE
GLBE
KYIV
KYIV
Operating Cash FlowLast quarter
$558.0M
Free Cash FlowOCF − Capex
$311.0M
FCF MarginFCF / Revenue
96.9%
Capex IntensityCapex / Revenue
76.9%
Cash ConversionOCF / Net Profit
6.20×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
KYIV
KYIV
Q4 25
$558.0M
Q3 25
$406.0M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Free Cash Flow
GLBE
GLBE
KYIV
KYIV
Q4 25
$311.0M
Q3 25
$250.0M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
FCF Margin
GLBE
GLBE
KYIV
KYIV
Q4 25
96.9%
Q3 25
84.2%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Capex Intensity
GLBE
GLBE
KYIV
KYIV
Q4 25
76.9%
Q3 25
52.5%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Cash Conversion
GLBE
GLBE
KYIV
KYIV
Q4 25
6.20×
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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