vs

Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and EPLUS INC (PLUS). 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 $614.8M, roughly 1.0× EPLUS INC). EPLUS INC runs the higher net margin — 5.7% vs 0.9%, a 4.8% 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.

ePlus Inc.(Nasdaq: PLUS) is an American consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers.

GLBE vs PLUS — Head-to-Head

Bigger by revenue
GLBE
GLBE
1.0× larger
GLBE
$625.5M
$614.8M
PLUS
Higher net margin
PLUS
PLUS
4.8% more per $
PLUS
5.7%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
GLBE
GLBE
PLUS
PLUS
Revenue
$625.5M
$614.8M
Net Profit
$5.8M
$35.1M
Gross Margin
45.0%
25.8%
Operating Margin
1.3%
7.1%
Net Margin
0.9%
5.7%
Revenue YoY
20.3%
Net Profit YoY
45.2%
EPS (diluted)
$1.33

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
PLUS
PLUS
Q4 25
$614.8M
Q3 25
$625.5M
$608.8M
Q2 25
$404.8M
$637.3M
Q1 25
$189.9M
Q4 24
$493.2M
Q3 24
$489.9M
$493.4M
Q2 24
$313.9M
$535.7M
Q1 24
$145.9M
Net Profit
GLBE
GLBE
PLUS
PLUS
Q4 25
$35.1M
Q3 25
$5.8M
$34.9M
Q2 25
$-7.4M
$37.7M
Q1 25
Q4 24
$24.1M
Q3 24
$-77.1M
$31.3M
Q2 24
$-54.5M
$27.3M
Q1 24
Gross Margin
GLBE
GLBE
PLUS
PLUS
Q4 25
25.8%
Q3 25
45.0%
26.6%
Q2 25
44.9%
23.3%
Q1 25
44.3%
Q4 24
25.4%
Q3 24
45.1%
25.8%
Q2 24
44.8%
23.7%
Q1 24
43.4%
Operating Margin
GLBE
GLBE
PLUS
PLUS
Q4 25
7.1%
Q3 25
1.3%
8.0%
Q2 25
-2.1%
5.7%
Q1 25
-10.1%
Q4 24
3.3%
Q3 24
-14.9%
5.5%
Q2 24
-16.6%
5.9%
Q1 24
-20.1%
Net Margin
GLBE
GLBE
PLUS
PLUS
Q4 25
5.7%
Q3 25
0.9%
5.7%
Q2 25
-1.8%
5.9%
Q1 25
Q4 24
4.9%
Q3 24
-15.7%
6.3%
Q2 24
-17.4%
5.1%
Q1 24
EPS (diluted)
GLBE
GLBE
PLUS
PLUS
Q4 25
$1.33
Q3 25
$1.32
Q2 25
$1.43
Q1 25
Q4 24
$0.91
Q3 24
$1.17
Q2 24
$1.02
Q1 24

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
PLUS
PLUS
Cash + ST InvestmentsLiquidity on hand
$251.4M
$326.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$933.0M
$1.1B
Total Assets
$1.3B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
PLUS
PLUS
Q4 25
$326.3M
Q3 25
$251.4M
$402.2M
Q2 25
$205.2M
$480.2M
Q1 25
$207.7M
Q4 24
$253.1M
Q3 24
$207.3M
$187.5M
Q2 24
$229.8M
$349.9M
Q1 24
$181.9M
Stockholders' Equity
GLBE
GLBE
PLUS
PLUS
Q4 25
$1.1B
Q3 25
$933.0M
$1.0B
Q2 25
$909.1M
$1.0B
Q1 25
$884.3M
Q4 24
$962.3M
Q3 24
$869.4M
$947.0M
Q2 24
$878.7M
$921.9M
Q1 24
$886.9M
Total Assets
GLBE
GLBE
PLUS
PLUS
Q4 25
$1.8B
Q3 25
$1.3B
$1.8B
Q2 25
$1.2B
$1.8B
Q1 25
$1.2B
Q4 24
$1.8B
Q3 24
$1.2B
$1.7B
Q2 24
$1.1B
$1.7B
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
PLUS
PLUS
Operating Cash FlowLast quarter
$-87.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
PLUS
PLUS
Q4 25
$-87.4M
Q3 25
$-34.8M
Q2 25
$-99.0M
Q1 25
Q4 24
$65.7M
Q3 24
$-21.6M
Q2 24
$97.1M
Q1 24
Cash Conversion
GLBE
GLBE
PLUS
PLUS
Q4 25
-2.49×
Q3 25
-1.00×
Q2 25
-2.63×
Q1 25
Q4 24
2.72×
Q3 24
-0.69×
Q2 24
3.55×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLBE
GLBE

Segment breakdown not available.

PLUS
PLUS

All Others Customer End Market$107.0M17%
Technology Customer End Market$89.4M15%
Health Care Customer End Market$81.5M13%
Financial Services Customer End Market$66.1M11%
Professional Services Reporting Unit$64.1M10%
Security$61.1M10%
State And Local Government And Educational Institutions$59.9M10%
Managed Services Reporting Unit$48.8M8%
Other Product$21.1M3%
Collaboration$13.4M2%

Related Comparisons