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Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and Tronox Holdings plc (TROX). Click either name above to swap in a different company.

Tronox Holdings plc is the larger business by last-quarter revenue ($760.0M vs $625.5M, roughly 1.2× Global-E Online Ltd.).

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.

Tronox Limited is an American worldwide chemical company involved in the titanium products industry with approximately 6,500 employees. Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and marketer of titanium dioxide (TiO2) pigment, which provides brightness to applications such as coatings, plastics and paper. Tronox mines titanium-bearing mineral sands and operates upgrading faciliti...

GLBE vs TROX — Head-to-Head

Bigger by revenue
TROX
TROX
1.2× larger
TROX
$760.0M
$625.5M
GLBE

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GLBE
GLBE
TROX
TROX
Revenue
$625.5M
$760.0M
Net Profit
$5.8M
Gross Margin
45.0%
0.0%
Operating Margin
1.3%
Net Margin
0.9%
Revenue YoY
4.1%
Net Profit YoY
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
TROX
TROX
Q1 26
$760.0M
Q4 25
$730.0M
Q3 25
$625.5M
$699.0M
Q2 25
$404.8M
$731.0M
Q1 25
$189.9M
$738.0M
Q4 24
$676.0M
Q3 24
$489.9M
$804.0M
Q2 24
$313.9M
$820.0M
Net Profit
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
$-176.0M
Q3 25
$5.8M
$-99.0M
Q2 25
$-7.4M
$-84.0M
Q1 25
$-111.0M
Q4 24
$-30.0M
Q3 24
$-77.1M
$-25.0M
Q2 24
$-54.5M
$16.0M
Gross Margin
GLBE
GLBE
TROX
TROX
Q1 26
0.0%
Q4 25
5.3%
Q3 25
45.0%
7.4%
Q2 25
44.9%
10.8%
Q1 25
44.3%
13.4%
Q4 24
17.3%
Q3 24
45.1%
15.9%
Q2 24
44.8%
18.3%
Operating Margin
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
-15.6%
Q3 25
1.3%
-6.2%
Q2 25
-2.1%
-4.8%
Q1 25
-10.1%
-8.3%
Q4 24
7.1%
Q3 24
-14.9%
6.7%
Q2 24
-16.6%
9.3%
Net Margin
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
-24.1%
Q3 25
0.9%
-14.2%
Q2 25
-1.8%
-11.5%
Q1 25
-15.0%
Q4 24
-4.4%
Q3 24
-15.7%
-3.1%
Q2 24
-17.4%
2.0%
EPS (diluted)
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
$-1.11
Q3 25
$-0.63
Q2 25
$-0.53
Q1 25
$-0.70
Q4 24
$-0.19
Q3 24
$-0.16
Q2 24
$0.10

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$251.4M
$126
Total DebtLower is stronger
$133
Stockholders' EquityBook value
$933.0M
$1.3K
Total Assets
$1.3B
$6.1K
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
TROX
TROX
Q1 26
$126
Q4 25
$199.0M
Q3 25
$251.4M
$185.0M
Q2 25
$205.2M
$132.0M
Q1 25
$207.7M
$138.0M
Q4 24
$151.0M
Q3 24
$207.3M
$167.0M
Q2 24
$229.8M
$201.0M
Total Debt
GLBE
GLBE
TROX
TROX
Q1 26
$133
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$2.7B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$2.8B
Stockholders' Equity
GLBE
GLBE
TROX
TROX
Q1 26
$1.3K
Q4 25
$1.4B
Q3 25
$933.0M
$1.6B
Q2 25
$909.1M
$1.6B
Q1 25
$884.3M
$1.7B
Q4 24
$1.8B
Q3 24
$869.4M
$1.9B
Q2 24
$878.7M
$1.9B
Total Assets
GLBE
GLBE
TROX
TROX
Q1 26
$6.1K
Q4 25
$6.2B
Q3 25
$1.3B
$6.3B
Q2 25
$1.2B
$6.2B
Q1 25
$1.2B
$6.1B
Q4 24
$6.0B
Q3 24
$1.2B
$6.2B
Q2 24
$1.1B
$6.1B
Debt / Equity
GLBE
GLBE
TROX
TROX
Q1 26
0.10×
Q4 25
2.21×
Q3 25
2.01×
Q2 25
1.67×
Q1 25
1.64×
Q4 24
1.57×
Q3 24
1.45×
Q2 24
1.47×

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
TROX
TROX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-86.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
$121.0M
Q3 25
$-57.0M
Q2 25
$28.0M
Q1 25
$-32.0M
Q4 24
$82.0M
Q3 24
$87.0M
Q2 24
$160.0M
Free Cash Flow
GLBE
GLBE
TROX
TROX
Q1 26
$53.0M
Q4 25
$53.0M
Q3 25
$-137.0M
Q2 25
$-55.0M
Q1 25
$-142.0M
Q4 24
$-35.0M
Q3 24
$-14.0M
Q2 24
$84.0M
FCF Margin
GLBE
GLBE
TROX
TROX
Q1 26
7.0%
Q4 25
7.3%
Q3 25
-19.6%
Q2 25
-7.5%
Q1 25
-19.2%
Q4 24
-5.2%
Q3 24
-1.7%
Q2 24
10.2%
Capex Intensity
GLBE
GLBE
TROX
TROX
Q1 26
0.0%
Q4 25
9.3%
Q3 25
11.4%
Q2 25
11.4%
Q1 25
14.9%
Q4 24
17.3%
Q3 24
12.6%
Q2 24
9.3%
Cash Conversion
GLBE
GLBE
TROX
TROX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
10.00×

Financial Flow Comparison

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

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