cust.co / Compare / Global-e Online vs Morningstar

Global-e Online vs Morningstar - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Fintech SaaS. Both at Public stage.

Global-e Online leads by +21pp on latest NRR (122% vs 101%).

NRR over time

97%106%114%122%131% FY-2024FY2025-Q4FY-2025FY-2021 NRR Global-e Online Morningstar Global-e Online - FY-2024: 119% Global-e Online - FY2025-Q4: 122% Global-e Online - FY-2025: 122% Morningstar - FY-2025: 101% Morningstar - FY-2021: 127%

Morningstar hit a higher all-time peak (127% in FY-2021).

Stat-by-stat

Metric Global-e Online Morningstar
Latest NRR 122% 101%
All-time peak NRR 122% 127%
All-time low NRR 119% 101%
QoQ change +0pp -26pp
YoY change - -
3-year change - -
Disclosures tracked 3 2

Customer cohorts

MetricGlobal-e OnlineMorningstar
Total customers 1,404 100,000
Over $100K ARR - -
Over $1M ARR - -
Top-10 concentration - -
Average ACV - -
US revenue mix 12% 71.8%

Commercial structure

MetricGlobal-e OnlineMorningstar
Total RPO - $1.5B
Current RPO (12mo) - $1.1B
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 47.9% 70.3%
New customers added 148 3,100

Post-sales motion

MetricGlobal-e OnlineMorningstar
CS team size - 900
Customers per CSM - -
Pricing model hybrid subscription
Renewal cadence multi-year annual
CSM coverage model - hybrid
Top customer exec - Danny Dunn

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