Financials · GLOB

Globant S.A. (GLOB) financials

For fiscal 2025 (ended Dec 31, 2025), Globant S.A. reported $2.45B of revenue and $102.92M of net income.

Revenue, FY2025
$2.45B
Revenue growth, YoY
+1.6%
Net income, FY2025
$102.92M
Net income growth, YoY
-37.9%
Net margin
4.2%
Free cash flow, FY2025
$281.95M
EPS, diluted, FY2025
$2.29
EPS growth, YoY
-38.4%
Cash
$243.74M
Total debt
$366.71M
P/E
19.89
P/S
0.83
Market cap
$2.05B
Annual revenue$2.45B
FY2016FY2025
Annual net income$102.92M
FY2016FY2025
Annual free cash flow$281.95M
FY2016FY2025

GLOB revenue and earnings growth

GLOB revenueFY2025$2.45B

FY YoY
+1.6%
5Y CAGR
+24.7%
10Y CAGR
+25.5%

GLOB revenue was $2.45B for fiscal 2025 (ended Dec 31, 2025), up 1.6% from fiscal 2024. Compound annual growth was +24.7% over 5 years and +25.5% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

GLOB net incomeFY2025$102.92M

FY YoY
-37.9%
5Y CAGR
+13.7%
10Y CAGR
+12.5%

GLOB net income was $102.92M for fiscal 2025 (ended Dec 31, 2025), down 37.9% from fiscal 2024. Compound annual growth was +13.7% over 5 years and +12.5% over 10 years. It rose in 8 of the last 10 fiscal years.

GLOB EPSFY2025$2.29

FY YoY
-38.4%
5Y CAGR
+10.8%
10Y CAGR
+9.8%

GLOB diluted EPS was $2.29 for fiscal 2025 (ended Dec 31, 2025), down 38.4% from fiscal 2024. Compound annual growth was +10.8% over 5 years and +9.8% over 10 years.

GLOB free cash flowFY2025$281.95M

FY YoY
+27.6%
5Y CAGR
+31.9%

GLOB free cash flow was $281.95M for fiscal 2025 (ended Dec 31, 2025), up 27.6% from fiscal 2024. Compound annual growth was +31.9% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$2.45B$2.42B$2.10B$1.78B$1.30B$814.14M$659.33M$522.31M$413.44M$322.86M
Cost of revenue$1.60B$1.55B$1.34B$1.11B$802.09M$509.81M$405.16M$318.55M$263.17M$191.40M
Gross profit$859.29M$863.37M$755.76M$669.39M$494.99M$304.33M$254.16M$203.76M$150.27M$131.46M
Selling, general and admin$629.33M$633.00M$537.08M$456.32M$343.00M$217.22M$172.48M$133.19M$110.81M$80.96M
Operating income$171.73M$225.42M$198.96M$206.71M$144.43M$83.94M$80.73M$66.79M$33.17M$49.57M
Interest expense$40.61M$32.20M$23.75M$16.55M$12.71M$10.43M$6.65M$1.54M$11.04M$19.23M
Pre-tax income$139.15M$210.43M$198.02M$192.88M$124.85M$76.52M$69.03M$67.46M$38.54M$50.19M
Income tax$35.19M$41.43M$39.51M$43.41M$28.50M$22.31M$15.02M$15.87M$8.08M$14.33M
Net income$102.92M$165.73M$158.54M$148.89M$96.06M$54.22M$54.02M$51.68M$30.54M$35.88M
EPS, basic$2.33$3.82$3.72$3.55$2.35$1.41$1.48$1.45$0.87$1.04
EPS, diluted$2.29$3.72$3.64$3.47$2.28$1.37$1.43$1.41$0.84$1.01
Diluted shares45.0M44.6M43.6M42.9M42.1M39.7M37.7M36.7M36.1M35.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$243.74M$142.09M$307.22M$292.46M$427.80M$278.94M$62.72M$77.61M$52.52M$50.53M
Current assets$953.76M$838.55M$924.53M$857.61M$819.60M$535.60M$276.45M$213.03M$155.98M$133.83M
Goodwill$1.60B$1.48B$1.11B$734.95M$567.45M$392.76M$188.54M$104.85M$98.93M$65.18M
Total assets$3.32B$3.15B$2.73B$2.20B$1.88B$1.29B$687.76M$437.10M$357.18M$284.75M
Current liabilities$580.29M$507.16M$665.32M$428.59M$386.30M$205.63M$146.19M$92.90M$74.06M$55.00M
Short-term debt$19.67M$1.60M$156.92M$2.84M$10.30M$907.0K$1.20M$0$6.01M$217.0K
Long-term debt$347.04M$290.94M$2.19M$861.0K$1.94M$25.06M$50.19M$0--
Total debt$366.71M$292.54M$159.11M$3.70M$12.24M$25.97M$51.39M$0$6.01M$217.0K
Total liabilities$1.16B$1.12B$931.18M$639.63M$576.22M$408.83M$249.05M$99.18M$93.81M$76.19M
Shareholders' equity$2.09B$1.96B$1.80B$1.56B$1.31B$879.94M$438.71M$337.92M$263.36M$208.56M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$301.18M$248.73M$318.52M$197.52M$178.97M$99.87M$79.73M$67.20M$42.99M$31.48M
Capital expenditures$19.22M$27.73M$45.11M$47.06M$42.77M$29.29M$20.38M$19.17M$19.61M$17.66M
Free cash flow$281.95M$220.99M$273.41M$150.46M$136.21M$70.58M$59.36M$48.03M$23.38M$13.82M
Investing cash flow-$134.51M-$403.90M-$350.36M-$269.30M-$272.88M-$124.02M-$151.58M-$46.12M-$57.53M-$28.00M
Financing cash flow-$64.57M-$5.81M$44.53M-$65.68M$243.99M$241.55M$56.71M$4.09M$16.60M$7.70M
Share repurchases$56.13M$10.68M$11.52M$9.32M$7.26M$0$0---
Stock-based compensation$75.68M$81.80M$72.94M$60.25M$37.03M$22.42M$15.36M$10.55M$12.87M$3.62M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY1.6%15.3%17.7%37.3%59.3%23.5%26.2%26.3%28.1%27.2%
Net income growth, YoY-37.9%4.5%6.5%55.0%77.2%0.4%4.5%69.2%-14.9%13.3%
EPS growth, YoY-38.4%2.2%4.9%52.2%66.4%-4.2%1.4%67.9%-16.8%12.2%
Gross margin35.0%35.7%36.1%37.6%38.2%37.4%38.5%39.0%36.3%40.7%
Operating margin7.0%9.3%9.5%11.6%11.1%10.3%12.2%12.8%8.0%15.4%
Net margin4.2%6.9%7.6%8.4%7.4%6.7%8.2%9.9%7.4%11.1%
Free cash flow margin11.5%9.1%13.0%8.5%10.5%8.7%9.0%9.2%5.7%4.3%
Return on equity4.9%8.4%8.8%9.6%7.3%6.2%12.3%15.3%11.6%17.2%
Return on assets3.1%5.3%5.8%6.8%5.1%4.2%7.9%11.8%8.6%12.6%
Current ratio1.641.651.392.002.122.601.892.292.112.43
Debt to equity0.180.150.090.000.010.030.120.000.020.00

Source: XBRL data Globant S.A. files with the SEC, latest filing dated Feb 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GLOB peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GLOB$2.45B+1.6%$102.92M4.2%$2.05B
ADP$22.26B+6.5%$4.53B20.3%$119.24B
INFY$20.16B+4.6%$3.31B16.4%$50.24B
WDAY$10.15B+13.3%$1.25B12.3%$45.84B
ZS$3.35B+25.4%-$63.18M-1.9%$32.45B
CTSH$21.89B+5.0%$2.57B11.8%$28.43B
VRSN$1.73B+6.5%$849.80M49.1%$27.43B
VRSK$3.18B+4.9%$879.20M27.7%$25.73B
IOT$1.85B+29.5%$90.55M4.9%$24.73B

GLOB FAQ

9 questions
  • What is GLOB revenue?
    Globant S.A. (GLOB) reported $2.45B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.6% from the year before.
  • Is GLOB profitable?
    Yes. Globant S.A. earned $102.92M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 4.2%.
  • How much cash and debt does GLOB have?
    Globant S.A. reported $243.74M in cash and cash equivalents and $366.71M of debt on its most recent balance sheet in SEC filings.
  • How fast is GLOB revenue growing?
    Globant S.A.'s revenue changed +1.6% in fiscal 2025, to $2.45B. Its compound annual growth rate was +24.7% over 5 years and +25.5% over 10 years.
  • What is GLOB gross margin?
    Globant S.A.'s gross profit was $859.29M on $2.45B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 35.0%.
  • What is GLOB free cash flow?
    Globant S.A. generated $281.95M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $301.18M less capital expenditures.
  • What is GLOB earnings per share?
    Diluted earnings per share were $2.29 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GLOB last report financial results?
    The latest statements here come from Globant S.A.'s 20-F filed on Feb 27, 2026, covering the period ended Dec 31, 2025.
  • Where does this GLOB financial data come from?
    Quantisnow builds these statements from the structured XBRL data Globant S.A. files with the SEC. It is provided for information only and is not investment advice.