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Side-by-side financial comparison of Global-E Online Ltd. (GLBE) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $625.5M, roughly 1.4× Global-E Online Ltd.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 0.9%, a 28.6% 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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

GLBE vs ZION — Head-to-Head

Bigger by revenue
ZION
ZION
1.4× larger
ZION
$891.0M
$625.5M
GLBE
Higher net margin
ZION
ZION
28.6% more per $
ZION
29.5%
0.9%
GLBE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GLBE
GLBE
ZION
ZION
Revenue
$625.5M
$891.0M
Net Profit
$5.8M
$263.0M
Gross Margin
45.0%
Operating Margin
1.3%
Net Margin
0.9%
29.5%
Revenue YoY
8.7%
Net Profit YoY
21.8%
EPS (diluted)
$1.77

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
ZION
ZION
Q4 25
$891.0M
Q3 25
$625.5M
$861.0M
Q2 25
$404.8M
$838.0M
Q1 25
$189.9M
$795.0M
Q4 24
$820.0M
Q3 24
$489.9M
$792.0M
Q2 24
$313.9M
$777.0M
Q1 24
$145.9M
$742.0M
Net Profit
GLBE
GLBE
ZION
ZION
Q4 25
$263.0M
Q3 25
$5.8M
$222.0M
Q2 25
$-7.4M
$244.0M
Q1 25
$170.0M
Q4 24
$216.0M
Q3 24
$-77.1M
$214.0M
Q2 24
$-54.5M
$201.0M
Q1 24
$153.0M
Gross Margin
GLBE
GLBE
ZION
ZION
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
ZION
ZION
Q4 25
Q3 25
1.3%
Q2 25
-2.1%
Q1 25
-10.1%
Q4 24
Q3 24
-14.9%
Q2 24
-16.6%
Q1 24
-20.1%
Net Margin
GLBE
GLBE
ZION
ZION
Q4 25
29.5%
Q3 25
0.9%
25.8%
Q2 25
-1.8%
29.1%
Q1 25
21.4%
Q4 24
26.3%
Q3 24
-15.7%
27.0%
Q2 24
-17.4%
25.9%
Q1 24
20.6%
EPS (diluted)
GLBE
GLBE
ZION
ZION
Q4 25
$1.77
Q3 25
$1.48
Q2 25
$1.63
Q1 25
$1.13
Q4 24
$1.34
Q3 24
$1.37
Q2 24
$1.28
Q1 24
$0.96

Balance Sheet & Financial Strength

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

Metric
GLBE
GLBE
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$251.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$933.0M
$7.2B
Total Assets
$1.3B
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBE
GLBE
ZION
ZION
Q4 25
Q3 25
$251.4M
Q2 25
$205.2M
Q1 25
$207.7M
Q4 24
Q3 24
$207.3M
Q2 24
$229.8M
Q1 24
$181.9M
Total Debt
GLBE
GLBE
ZION
ZION
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Q1 24
$544.0M
Stockholders' Equity
GLBE
GLBE
ZION
ZION
Q4 25
$7.2B
Q3 25
$933.0M
$6.9B
Q2 25
$909.1M
$6.6B
Q1 25
$884.3M
$6.3B
Q4 24
$6.1B
Q3 24
$869.4M
$6.4B
Q2 24
$878.7M
$6.0B
Q1 24
$886.9M
$5.8B
Total Assets
GLBE
GLBE
ZION
ZION
Q4 25
$89.0B
Q3 25
$1.3B
$88.5B
Q2 25
$1.2B
$88.9B
Q1 25
$1.2B
$88.0B
Q4 24
$88.8B
Q3 24
$1.2B
$87.0B
Q2 24
$1.1B
$87.6B
Q1 24
$1.1B
$87.1B
Debt / Equity
GLBE
GLBE
ZION
ZION
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.16×
Q3 24
0.09×
Q2 24
0.09×
Q1 24
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBE
GLBE
ZION
ZION
Q4 25
$1.1B
Q3 25
$438.0M
Q2 25
$-62.0M
Q1 25
$179.0M
Q4 24
$1.1B
Q3 24
$119.0M
Q2 24
$251.0M
Q1 24
$261.0M
Free Cash Flow
GLBE
GLBE
ZION
ZION
Q4 25
$952.0M
Q3 25
$413.0M
Q2 25
$-93.0M
Q1 25
$152.0M
Q4 24
$1.1B
Q3 24
$97.0M
Q2 24
$234.0M
Q1 24
$231.0M
FCF Margin
GLBE
GLBE
ZION
ZION
Q4 25
106.8%
Q3 25
48.0%
Q2 25
-11.1%
Q1 25
19.1%
Q4 24
128.2%
Q3 24
12.2%
Q2 24
30.1%
Q1 24
31.1%
Capex Intensity
GLBE
GLBE
ZION
ZION
Q4 25
13.6%
Q3 25
2.9%
Q2 25
3.7%
Q1 25
3.4%
Q4 24
11.8%
Q3 24
2.8%
Q2 24
2.2%
Q1 24
4.0%
Cash Conversion
GLBE
GLBE
ZION
ZION
Q4 25
4.08×
Q3 25
1.97×
Q2 25
-0.25×
Q1 25
1.05×
Q4 24
5.31×
Q3 24
0.56×
Q2 24
1.25×
Q1 24
1.71×

Financial Flow Comparison

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

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