Global-e Online Gross Margin 2020-2024 | GLBE
- Global-e Online average gross margin for 2023 was 40.23%, a 5.07% increase from 2022.
- Global-e Online average gross margin for 2022 was 38.29%, a 9.87% increase from 2021.
- Global-e Online average gross margin for 2021 was 34.85%, a 8.5% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.