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Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and New Fortress Energy Inc. (NFE). 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 $326.2M, roughly 1.9× New Fortress Energy Inc.). Global-E Online Ltd. runs the higher net margin — 0.9% vs -259.7%, a 260.6% 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.

New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.

GLBE vs NFE — Head-to-Head

Bigger by revenue
GLBE
GLBE
1.9× larger
GLBE
$625.5M
$326.2M
NFE
Higher net margin
GLBE
GLBE
260.6% more per $
GLBE
0.9%
-259.7%
NFE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GLBE
GLBE
NFE
NFE
Revenue
$625.5M
$326.2M
Net Profit
$5.8M
$-847.1M
Gross Margin
45.0%
35.5%
Operating Margin
1.3%
-193.0%
Net Margin
0.9%
-259.7%
Revenue YoY
-7.0%
Net Profit YoY
-277.4%
EPS (diluted)
$-3.03

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
NFE
NFE
Q4 25
$326.2M
Q3 25
$625.5M
$240.3M
Q2 25
$404.8M
$228.1M
Q1 25
$189.9M
$384.9M
Q4 24
$350.7M
Q3 24
$489.9M
$446.0M
Q2 24
$313.9M
$291.2M
Q1 24
$145.9M
$609.5M
Net Profit
GLBE
GLBE
NFE
NFE
Q4 25
$-847.1M
Q3 25
$5.8M
$-263.0M
Q2 25
$-7.4M
$-546.5M
Q1 25
$-175.4M
Q4 24
$-224.4M
Q3 24
$-77.1M
$9.3M
Q2 24
$-54.5M
$-88.9M
Q1 24
$54.1M
Gross Margin
GLBE
GLBE
NFE
NFE
Q4 25
35.5%
Q3 25
45.0%
18.1%
Q2 25
44.9%
8.4%
Q1 25
44.3%
21.4%
Q4 24
17.6%
Q3 24
45.1%
27.1%
Q2 24
44.8%
23.8%
Q1 24
43.4%
62.4%
Operating Margin
GLBE
GLBE
NFE
NFE
Q4 25
-193.0%
Q3 25
1.3%
-37.4%
Q2 25
-2.1%
-170.3%
Q1 25
-10.1%
-3.3%
Q4 24
65.0%
Q3 24
-14.9%
17.8%
Q2 24
-16.6%
12.3%
Q1 24
-20.1%
30.4%
Net Margin
GLBE
GLBE
NFE
NFE
Q4 25
-259.7%
Q3 25
0.9%
-109.4%
Q2 25
-1.8%
-239.6%
Q1 25
-45.6%
Q4 24
-64.0%
Q3 24
-15.7%
2.1%
Q2 24
-17.4%
-30.5%
Q1 24
8.9%
EPS (diluted)
GLBE
GLBE
NFE
NFE
Q4 25
$-3.03
Q3 25
$-0.96
Q2 25
$-1.99
Q1 25
$-0.65
Q4 24
$-1.10
Q3 24
$0.03
Q2 24
$-0.42
Q1 24
$0.23

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
NFE
NFE
Cash + ST InvestmentsLiquidity on hand
$251.4M
$226.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$933.0M
$182.6M
Total Assets
$1.3B
$10.6B
Debt / EquityLower = less leverage
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
NFE
NFE
Q4 25
$226.5M
Q3 25
$251.4M
$145.2M
Q2 25
$205.2M
$551.1M
Q1 25
$207.7M
$447.9M
Q4 24
$492.9M
Q3 24
$207.3M
$90.8M
Q2 24
$229.8M
$133.0M
Q1 24
$181.9M
$143.5M
Total Debt
GLBE
GLBE
NFE
NFE
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GLBE
GLBE
NFE
NFE
Q4 25
$182.6M
Q3 25
$933.0M
$1.1B
Q2 25
$909.1M
$1.3B
Q1 25
$884.3M
$1.8B
Q4 24
$1.9B
Q3 24
$869.4M
$1.6B
Q2 24
$878.7M
$1.6B
Q1 24
$886.9M
$1.7B
Total Assets
GLBE
GLBE
NFE
NFE
Q4 25
$10.6B
Q3 25
$1.3B
$12.0B
Q2 25
$1.2B
$12.0B
Q1 25
$1.2B
$13.1B
Q4 24
$12.9B
Q3 24
$1.2B
$12.0B
Q2 24
$1.1B
$11.4B
Q1 24
$1.1B
$10.9B
Debt / Equity
GLBE
GLBE
NFE
NFE
Q4 25
44.78×
Q3 25
Q2 25
Q1 25
Q4 24
4.74×
Q3 24
Q2 24
Q1 24

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
NFE
NFE
Operating Cash FlowLast quarter
$-76.2M
Free Cash FlowOCF − Capex
$-134.8M
FCF MarginFCF / Revenue
-41.3%
Capex IntensityCapex / Revenue
18.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
NFE
NFE
Q4 25
$-76.2M
Q3 25
$-171.0M
Q2 25
$-329.0M
Q1 25
$-7.2M
Q4 24
$445.3M
Q3 24
$-20.0M
Q2 24
$113.9M
Q1 24
$63.0M
Free Cash Flow
GLBE
GLBE
NFE
NFE
Q4 25
$-134.8M
Q3 25
$-231.6M
Q2 25
$-726.7M
Q1 25
$-262.3M
Q4 24
$-210.3M
Q3 24
$-367.0M
Q2 24
$-493.2M
Q1 24
$-457.9M
FCF Margin
GLBE
GLBE
NFE
NFE
Q4 25
-41.3%
Q3 25
-96.4%
Q2 25
-318.6%
Q1 25
-68.2%
Q4 24
-60.0%
Q3 24
-82.3%
Q2 24
-169.3%
Q1 24
-75.1%
Capex Intensity
GLBE
GLBE
NFE
NFE
Q4 25
18.0%
Q3 25
25.2%
Q2 25
174.4%
Q1 25
66.3%
Q4 24
187.0%
Q3 24
77.8%
Q2 24
208.4%
Q1 24
85.5%
Cash Conversion
GLBE
GLBE
NFE
NFE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.15×
Q2 24
Q1 24
1.16×

Financial Flow Comparison

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

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