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Global-e Online posts 44% jump in Q2 gross merchandise volume to 2.089 billion

Global-e Online posts 44% jump in Q2 gross merchandise volume to 2.089 billion
14 articles·6 sources·updated about 2 hours ago·View in graph
business & financeworld
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Global-e Online reported second-quarter 2026 earnings on Aug. 12, with gross merchandise volume reaching $2.089 billion, a 44% year-over-year increase driven by same-store sales and consumption across destination regions. Total revenue rose 39% to $299 million, marking the second consecutive quarter with trailing 12-month revenue exceeding $1 billion. Adjusted EBITDA climbed 62% to $62.4 million, a 20.9% margin, while GAAP net profit reached $47.7 million, or $0.27 per diluted share, up from $10.5 million in the same period of 2025.

The company also announced a $500 million share repurchase authorization approved by the board in June 2026, following $68 million in repurchases executed in the quarter to complete a $200 million 2025 plan. Free cash flow increased to $73.2 million, and cash and liquidity totaled $530 million as of June 30, 2026. Full-year 2026 guidance was revised upward, with revenue now expected between $1.305 billion and $1.355 billion, up from a prior range of $1.220 billion to $1.280 billion. Adjusted EBITDA guidance was set at $278 million to $300 million, reflecting 46% growth at the midpoint.

Omeros Corporation reported second-quarter 2026 results on Aug. 12, with Yartemlia gross sales at $32.2 million, a 190% increase from the first quarter of 2026. Net sales reached $28.5 million, up 188% from the prior quarter, while net income totaled $13.2 million, or $0.18 per share, including an $11.5 million non-cash mark-to-market gain on derivatives. The company reduced its debt principal by $30.5 million in July, cutting outstanding debt by 43%, and repurchased 489,000 shares at an average price of $11.70. As of June 30, 2026, 73 unique transplant centers had ordered Yartemlia, a 143% increase since March 31.

Spire Global reported second-quarter 2026 revenue of $18.0 million, a 6% decrease year over year due to the divestiture of its maritime business in April 2025. Core revenue, excluding the divested unit, grew 16% year over year, with sequential core revenue up 19% from the first quarter of 2026. The company deployed 29 satellites in 2026 to date, including 10 in early July, and maintained $91.7 million in cash and marketable securities as of June 30, 2026. Full-year revenue guidance was set at $75 million to $85 million, with over 85% of the target already contracted as of July 31, 2026.

Luminor Bank reported second-quarter 2026 loan growth of €376 million, with loans to customers increasing 3.3% to €11.9 billion. Mortgage sales rose 10% in the first half of 2026 compared to the same period in 2025, while consumer lending volumes doubled and micro-lending volumes grew 2.5 times. The bank launched Bloom, its first product on a new cloud-based platform, and recorded a profit of €37.4 million, down from €46.2 million in the second quarter of 2025 due to higher migration costs. Total operating income increased by €4.7 million, driven by net interest and fee income growth.

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