• Global-e Online average operating margin for 2023 was -31.38%, a 33.84% decline from 2022.
• Global-e Online average operating margin for 2022 was -47.43%, a 363.18% decline from 2021.
• Global-e Online average operating margin for 2021 was -10.24%, a 300.39% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.