Dropbox (DBX) vs Global-E Online (GLBE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Dropbox (DBX) has outperformed Global-E Online (GLBE) over the past year, gaining 13.6% versus a gain of 12.3%. Over five years, DBX leads with a +9.2% price change compared with -31.7% for GLBE. Dropbox is the larger company by market cap ($7.22 billion vs $6.57 billion), about 1.1 times the size, while Global-E Online is growing revenue faster (+27.8% vs -1.1%).
On valuation, Dropbox trades at a lower forward P/E (10.1x vs 19.5x for Global-E Online). Dropbox converts more of its revenue into profit, with a net margin of 20.2% versus 7.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DBX | GLBE |
|---|---|---|
| Share price | $33.21 | $39.11 |
| Market cap | $7.22B | $6.57B |
| 1-day change | +0.38% | +0.37% |
| YTD return | +18.99% | -0.89% |
| 1-year return | +13.64% | +12.28% |
| 5-year return | +9.21% | -31.74% |
| P/E ratio (TTM) | 18.35 | 44.44 |
| Forward P/E | 10.05 | 19.54 |
| EPS (TTM) | $1.81 | $0.88 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.52B | $962.20M |
| Revenue growth (YoY) | -1.07% | +27.82% |
| Net income (latest FY) | $508.40M | $68.27M |
| Gross margin | 80.13% | 45.34% |
| Operating margin | 27.33% | 7.45% |
| Net margin | 20.17% | 7.10% |
| 52-week high | $38.17 | $43.99 |
| 52-week low | $21.70 | $26.85 |
| Distance from 52-week high | -13.01% | -11.10% |
| Analyst consensus | underperform | strong_buy |
| Avg. price target upside | -4.23% | +29.83% |
| Average volume | 4.18M | 1.45M |
| Shares outstanding | 142.30M | 167.97M |
| Employees | 2,113 | 1,219 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Global-E Online trades at a higher earnings multiple (44.4x vs 18.3x trailing P/E).
- Dropbox is more profitable, keeping 20.2 cents of every revenue dollar as net income versus 7.1 cents for Global-E Online.
- Global-E Online grew revenue faster in its latest fiscal year (+27.82% vs -1.07%).
About Dropbox
DBX stock →Dropbox, Inc. provides a content collaboration platform in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 2,113 employees
About Global-E Online
GLBE stock →Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online, and merchants to sell from and to worldwide.
Technology · Computer Software: Prepackaged Software · 1,219 employees
DBX vs GLBE FAQ
Which is bigger, Dropbox or Global-E Online?
Dropbox (DBX) is larger, with a market capitalization of $7.22B compared with $6.57B for Global-E Online (GLBE).
Which stock has performed better over the past year, DBX or GLBE?
DBX returned +13.64% over the past 12 months, compared with +12.28% for GLBE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DBX or GLBE?
DBX has the lower trailing P/E at 18.3, versus 44.4 for GLBE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Dropbox and Global-E Online in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.