vs

Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.

Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $625.5M, roughly 1.3× Global-E Online Ltd.). Sinclair, Inc. runs the higher net margin — 13.0% vs 0.9%, a 12.1% 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.

Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...

GLBE vs SBGI — Head-to-Head

Bigger by revenue
SBGI
SBGI
1.3× larger
SBGI
$836.0M
$625.5M
GLBE
Higher net margin
SBGI
SBGI
12.1% more per $
SBGI
13.0%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GLBE
GLBE
SBGI
SBGI
Revenue
$625.5M
$836.0M
Net Profit
$5.8M
$109.0M
Gross Margin
45.0%
Operating Margin
1.3%
9.6%
Net Margin
0.9%
13.0%
Revenue YoY
-16.7%
Net Profit YoY
-38.1%
EPS (diluted)
$1.62

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
SBGI
SBGI
Q4 25
$836.0M
Q3 25
$625.5M
$773.0M
Q2 25
$404.8M
$784.0M
Q1 25
$189.9M
$776.0M
Q4 24
$1.0B
Q3 24
$489.9M
$917.0M
Q2 24
$313.9M
$829.0M
Q1 24
$145.9M
$798.0M
Net Profit
GLBE
GLBE
SBGI
SBGI
Q4 25
$109.0M
Q3 25
$5.8M
$-1.0M
Q2 25
$-7.4M
$-64.0M
Q1 25
$-156.0M
Q4 24
$176.0M
Q3 24
$-77.1M
$94.0M
Q2 24
$-54.5M
$17.0M
Q1 24
$23.0M
Gross Margin
GLBE
GLBE
SBGI
SBGI
Q4 25
Q3 25
45.0%
Q2 25
44.9%
Q1 25
44.3%
Q4 24
Q3 24
45.1%
Q2 24
44.8%
Q1 24
43.4%
Operating Margin
GLBE
GLBE
SBGI
SBGI
Q4 25
9.6%
Q3 25
1.3%
7.5%
Q2 25
-2.1%
2.7%
Q1 25
-10.1%
1.8%
Q4 24
26.5%
Q3 24
-14.9%
19.5%
Q2 24
-16.6%
7.7%
Q1 24
-20.1%
5.3%
Net Margin
GLBE
GLBE
SBGI
SBGI
Q4 25
13.0%
Q3 25
0.9%
-0.1%
Q2 25
-1.8%
-8.2%
Q1 25
-20.1%
Q4 24
17.5%
Q3 24
-15.7%
10.3%
Q2 24
-17.4%
2.1%
Q1 24
2.9%
EPS (diluted)
GLBE
GLBE
SBGI
SBGI
Q4 25
$1.62
Q3 25
$-0.02
Q2 25
$-0.91
Q1 25
$-2.30
Q4 24
$2.64
Q3 24
$1.43
Q2 24
$0.27
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
SBGI
SBGI
Cash + ST InvestmentsLiquidity on hand
$251.4M
$866.0M
Total DebtLower is stronger
$4.4B
Stockholders' EquityBook value
$933.0M
$443.0M
Total Assets
$1.3B
$5.9B
Debt / EquityLower = less leverage
9.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
SBGI
SBGI
Q4 25
$866.0M
Q3 25
$251.4M
$526.0M
Q2 25
$205.2M
$616.0M
Q1 25
$207.7M
$631.0M
Q4 24
$697.0M
Q3 24
$207.3M
$536.0M
Q2 24
$229.8M
$378.0M
Q1 24
$181.9M
$655.0M
Total Debt
GLBE
GLBE
SBGI
SBGI
Q4 25
$4.4B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.2B
Q4 24
$4.1B
Q3 24
$4.1B
Q2 24
$4.1B
Q1 24
$4.1B
Stockholders' Equity
GLBE
GLBE
SBGI
SBGI
Q4 25
$443.0M
Q3 25
$933.0M
$347.0M
Q2 25
$909.1M
$361.0M
Q1 25
$884.3M
$436.0M
Q4 24
$583.0M
Q3 24
$869.4M
$415.0M
Q2 24
$878.7M
$340.0M
Q1 24
$886.9M
$333.0M
Total Assets
GLBE
GLBE
SBGI
SBGI
Q4 25
$5.9B
Q3 25
$1.3B
$5.6B
Q2 25
$1.2B
$5.7B
Q1 25
$1.2B
$5.8B
Q4 24
$5.9B
Q3 24
$1.2B
$5.8B
Q2 24
$1.1B
$5.7B
Q1 24
$1.1B
$6.0B
Debt / Equity
GLBE
GLBE
SBGI
SBGI
Q4 25
9.84×
Q3 25
11.75×
Q2 25
11.30×
Q1 25
9.56×
Q4 24
7.02×
Q3 24
9.86×
Q2 24
12.08×
Q1 24
12.35×

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
SBGI
SBGI
Operating Cash FlowLast quarter
$98.0M
Free Cash FlowOCF − Capex
$79.0M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters
$115.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
SBGI
SBGI
Q4 25
$98.0M
Q3 25
$-36.0M
Q2 25
$122.0M
Q1 25
$5.0M
Q4 24
$198.0M
Q3 24
$210.0M
Q2 24
$-306.0M
Q1 24
$-4.0M
Free Cash Flow
GLBE
GLBE
SBGI
SBGI
Q4 25
$79.0M
Q3 25
$-58.0M
Q2 25
$105.0M
Q1 25
$-11.0M
Q4 24
$175.0M
Q3 24
$193.0M
Q2 24
$-329.0M
Q1 24
$-25.0M
FCF Margin
GLBE
GLBE
SBGI
SBGI
Q4 25
9.4%
Q3 25
-7.5%
Q2 25
13.4%
Q1 25
-1.4%
Q4 24
17.4%
Q3 24
21.0%
Q2 24
-39.7%
Q1 24
-3.1%
Capex Intensity
GLBE
GLBE
SBGI
SBGI
Q4 25
2.3%
Q3 25
2.8%
Q2 25
2.2%
Q1 25
2.1%
Q4 24
2.3%
Q3 24
1.9%
Q2 24
2.8%
Q1 24
2.6%
Cash Conversion
GLBE
GLBE
SBGI
SBGI
Q4 25
0.90×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
Q3 24
2.23×
Q2 24
-18.00×
Q1 24
-0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLBE
GLBE

Segment breakdown not available.

SBGI
SBGI

Distribution Revenue$384.0M46%
Core Advertising Revenue$312.0M37%
Tennis Segment$62.0M7%
Other$40.0M5%
Other Media Non Media Revenuesand Intercompany Revenues$24.0M3%
Political Advertising Revenue$14.0M2%

Related Comparisons