vs

Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

WESTERN ALLIANCE BANCORPORATION is the larger business by last-quarter revenue ($1.0B vs $625.5M, roughly 1.6× Global-E Online Ltd.). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 0.9%, a 17.6% 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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

GLBE vs WAL — Head-to-Head

Bigger by revenue
WAL
WAL
1.6× larger
WAL
$1.0B
$625.5M
GLBE
Higher net margin
WAL
WAL
17.6% more per $
WAL
18.6%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GLBE
GLBE
WAL
WAL
Revenue
$625.5M
$1.0B
Net Profit
$5.8M
$189.2M
Gross Margin
45.0%
Operating Margin
1.3%
Net Margin
0.9%
18.6%
Revenue YoY
31.0%
Net Profit YoY
-5.0%
EPS (diluted)
$1.65

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
WAL
WAL
Q1 26
$1.0B
Q4 25
$980.9M
Q3 25
$625.5M
$938.2M
Q2 25
$404.8M
$845.9M
Q1 25
$189.9M
$778.0M
Q4 24
$838.4M
Q3 24
$489.9M
$823.1M
Q2 24
$313.9M
$771.8M
Net Profit
GLBE
GLBE
WAL
WAL
Q1 26
$189.2M
Q4 25
$286.1M
Q3 25
$5.8M
$253.4M
Q2 25
$-7.4M
$230.4M
Q1 25
$199.1M
Q4 24
$216.9M
Q3 24
$-77.1M
$199.8M
Q2 24
$-54.5M
$193.6M
Gross Margin
GLBE
GLBE
WAL
WAL
Q1 26
Q4 25
Q3 25
45.0%
Q2 25
44.9%
Q1 25
44.3%
Q4 24
Q3 24
45.1%
Q2 24
44.8%
Operating Margin
GLBE
GLBE
WAL
WAL
Q1 26
Q4 25
36.3%
Q3 25
1.3%
33.4%
Q2 25
-2.1%
34.4%
Q1 25
-10.1%
31.7%
Q4 24
30.9%
Q3 24
-14.9%
30.6%
Q2 24
-16.6%
32.1%
Net Margin
GLBE
GLBE
WAL
WAL
Q1 26
18.6%
Q4 25
29.2%
Q3 25
0.9%
27.0%
Q2 25
-1.8%
27.2%
Q1 25
25.6%
Q4 24
25.9%
Q3 24
-15.7%
24.3%
Q2 24
-17.4%
25.1%
EPS (diluted)
GLBE
GLBE
WAL
WAL
Q1 26
$1.65
Q4 25
$2.59
Q3 25
$2.28
Q2 25
$2.07
Q1 25
$1.79
Q4 24
$1.94
Q3 24
$1.80
Q2 24
$1.75

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$251.4M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$933.0M
$7.9B
Total Assets
$1.3B
$98.9B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
WAL
WAL
Q1 26
Q4 25
Q3 25
$251.4M
Q2 25
$205.2M
Q1 25
$207.7M
Q4 24
Q3 24
$207.3M
Q2 24
$229.8M
Total Debt
GLBE
GLBE
WAL
WAL
Q1 26
$4.3B
Q4 25
$1.4B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$1.6B
Q4 24
$2.4B
Q3 24
$1.4B
Q2 24
$436.0M
Stockholders' Equity
GLBE
GLBE
WAL
WAL
Q1 26
$7.9B
Q4 25
$7.7B
Q3 25
$933.0M
$7.4B
Q2 25
$909.1M
$7.1B
Q1 25
$884.3M
$6.9B
Q4 24
$6.7B
Q3 24
$869.4M
$6.7B
Q2 24
$878.7M
$6.3B
Total Assets
GLBE
GLBE
WAL
WAL
Q1 26
$98.9B
Q4 25
$92.8B
Q3 25
$1.3B
$91.0B
Q2 25
$1.2B
$86.7B
Q1 25
$1.2B
$83.0B
Q4 24
$80.9B
Q3 24
$1.2B
$80.1B
Q2 24
$1.1B
$80.6B
Debt / Equity
GLBE
GLBE
WAL
WAL
Q1 26
0.54×
Q4 25
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.23×
Q4 24
0.36×
Q3 24
0.21×
Q2 24
0.07×

Financial Flow Comparison

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

Related Comparisons