Globant S.A Key Executives
This section highlights Globant S.A's key executives, including their titles and compensation details.
Find Contacts at Globant S.A
( total contacts)
Globant S.A Earnings
This section highlights Globant S.A's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2025 | 2025-05-15 | $1.58 | $1.50 |
| Read Transcript | Q4 | 2024 | 2025-02-20 | $1.74 | $1.75 |
| Read Transcript | Q3 | 2024 | 2024-11-14 | $1.62 | $1.63 |
| Read Transcript | Q2 | 2024 | 2024-08-15 | $1.50 | $1.51 |
| Read Transcript | Q1 | 2024 | 2024-05-16 | $1.53 | $1.53 |
| Read Transcript | Q4 | 2023 | 2024-02-16 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-16 | $1.47 | $1.48 |
| Read Transcript | Q2 | 2023 | 2023-08-17 | $1.34 | $1.36 |
| Read Transcript | Q1 | 2023 | 2023-05-18 | $1.27 | $1.28 |
Financial Statements
Access annual & quarterly financial statements for Globant S.A, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $2.42B | $2.10B | $1.78B | $1.30B | $814.14M |
| Cost of Revenue | $1.55B | $1.34B | $1.11B | $802.09M | $509.81M |
| Gross Profit | $863.37M | $755.76M | $669.39M | $494.99M | $304.33M |
| Gross Profit Ratio | 36.26% | 36.06% | 37.60% | 38.16% | 37.38% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $451.38M | $379.46M | $327.12M | $253.28M | $158.32M |
| Selling and Marketing Expenses | $29.01M | $26.32M | $26.98M | $10.30M | $3.52M |
| Selling General and Administrative Expenses | $480.40M | $405.79M | $456.32M | $343.00M | $217.22M |
| Other Expenses | $157.55M | $151.01M | $-395.00K | $-3.37M | $83.00K |
| Operating Expenses | $637.95M | $556.80M | $456.32M | $343.00M | $217.31M |
| Cost and Expenses | $2.19B | $1.90B | $1.57B | $1.15B | $727.12M |
| Interest Income | $5.30M | $4.78M | $2.83M | $652.00K | $1.92M |
| Interest Expense | $28.66M | $20.07M | $16.55M | $12.71M | $10.43M |
| Depreciation and Amortization | $162.73M | $139.86M | $107.93M | $80.29M | $48.48M |
| EBITDA | $405.14M | $361.54M | $317.25M | $218.08M | $135.43M |
| EBITDA Ratio | 16.77% | 17.25% | 17.82% | 16.81% | 16.64% |
| Operating Income | $225.42M | $198.96M | $107.87M | $64.83M | $41.55M |
| Operating Income Ratio | 9.33% | 9.49% | 6.06% | 5.00% | 5.10% |
| Total Other Income Expenses Net | $-14.99M | $-943.00K | $-13.82M | $-19.58M | $-7.42M |
| Income Before Tax | $210.43M | $198.02M | $192.88M | $124.85M | $76.52M |
| Income Before Tax Ratio | 8.71% | 9.45% | 10.83% | 9.63% | 9.40% |
| Income Tax Expense | $41.43M | $39.51M | $43.41M | $28.50M | $22.31M |
| Net Income | $165.73M | $158.54M | $148.89M | $96.06M | $54.22M |
| Net Income Ratio | 6.86% | 7.56% | 8.36% | 7.41% | 6.66% |
| EPS | $3.82 | $3.72 | $3.55 | $2.35 | $1.41 |
| EPS Diluted | $3.72 | $3.64 | $3.47 | $2.28 | $1.37 |
| Weighted Average Shares Outstanding | 44.55M | 42.60M | 41.93M | 40.94M | 38.52M |
| Weighted Average Shares Outstanding Diluted | 44.59M | 43.59M | 42.85M | 42.08M | 39.72M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $642.48M | $614.67M | $587.46M | $571.08M | $580.71M | $545.28M | $497.53M | $472.42M | $490.72M | $458.88M | $429.26M | $401.38M | $379.82M | $341.83M | $305.26M | $270.17M | $232.64M | $207.22M | $182.71M | $191.57M |
| Cost of Revenue | $400.60M | $392.39M | $377.91M | $393.92M | $396.47M | $346.98M | $316.69M | $304.12M | $307.20M | $286.71M | $267.97M | $248.97M | $235.50M | $210.34M | $189.28M | $166.97M | $143.72M | $130.25M | $116.47M | $119.37M |
| Gross Profit | $241.88M | $222.28M | $209.55M | $177.16M | $184.24M | $198.30M | $180.84M | $168.30M | $183.52M | $172.18M | $161.29M | $152.41M | $144.32M | $131.49M | $115.98M | $103.20M | $88.91M | $76.97M | $66.24M | $72.20M |
| Gross Profit Ratio | 37.65% | 36.16% | 31.34% | 31.02% | 31.73% | 36.37% | 36.35% | 35.62% | 37.40% | 37.52% | 37.57% | 37.97% | 38.00% | 38.47% | 37.99% | 38.20% | 38.22% | 37.14% | 36.26% | 37.69% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $52.80M | $38.26M | $- | $- | $38.26M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.22M | $-609.00K | $- | $- | $609.00K |
| Selling General and Administrative Expenses | $154.12M | $154.18M | $154.59M | $152.11M | $15.72M | $142.53M | $128.18M | $119.36M | $123.80M | $119.21M | $111.68M | $101.64M | $99.64M | $89.27M | $82.21M | $54.02M | $61.97M | $53.80M | $49.58M | $38.87M |
| Other Expenses | $29.26M | $2.89M | $1.20M | $2.17M | $137.65M | $2.77M | $-186.00K | $1.49M | $-2.41M | $-55.00K | $1.20M | $874.00K | $-482.00K | $-2.44M | $-481.00K | $38.00K | $1.74M | $-3.67M | $27.00K | $2.35M |
| Operating Expenses | $183.38M | $157.07M | $155.79M | $154.28M | $153.37M | $142.53M | $127.56M | $119.36M | $123.80M | $119.21M | $111.68M | $101.64M | $99.65M | $89.27M | $82.21M | $71.88M | $62.05M | $53.80M | $49.58M | $51.87M |
| Cost and Expenses | $583.98M | $549.46M | $533.70M | $523.14M | $512.79M | $489.51M | $444.25M | $423.48M | $431.00M | $405.92M | $379.65M | $350.61M | $335.15M | $299.61M | $271.48M | $238.85M | $205.78M | $184.05M | $166.05M | $171.24M |
| Interest Income | $1.43M | $1.35M | $1.40M | $1.12M | $1.28M | $1.32M | $941.00K | $1.24M | $1.37M | $842.00K | $334.00K | $290.00K | $178.00K | $144.00K | $7.00K | $323.00K | $543.00K | $670.00K | $451.00K | $256.00K |
| Interest Expense | $8.12M | $7.03M | $6.23M | $7.27M | $8.69M | $5.66M | $5.23M | $4.17M | $5.14M | $4.06M | $3.32M | $4.03M | $4.21M | $2.56M | $3.33M | $2.06M | $2.99M | $2.33M | $2.65M | $2.09M |
| Depreciation and Amortization | $18.37M | $-1.27M | $33.97M | $32.50M | $32.07M | $28.59M | $27.31M | $26.21M | $24.51M | $21.89M | $20.36M | $19.37M | $18.31M | $16.98M | $14.99M | $16.35M | $7.71M | $6.06M | $6.87M | $11.49M |
| EBITDA | $88.50M | $63.93M | $93.72M | $96.65M | $90.69M | $88.88M | $79.37M | $76.92M | $79.95M | $72.17M | $71.61M | $71.71M | $60.55M | $52.21M | $43.86M | $47.80M | $39.82M | $26.70M | $23.39M | $33.19M |
| EBITDA Ratio | 13.78% | 10.40% | 15.95% | 16.92% | 15.62% | 16.30% | 15.95% | 16.28% | 16.29% | 15.73% | 16.68% | 17.87% | 15.94% | 15.27% | 14.37% | 17.69% | 17.12% | 12.89% | 12.80% | 17.33% |
| Operating Income | $58.51M | $65.21M | $53.76M | $59.70M | $67.91M | $53.15M | $46.64M | $44.22M | $55.18M | $51.89M | $48.90M | $50.74M | $43.63M | $39.71M | $30.87M | $30.22M | $27.30M | $23.19M | $14.73M | $18.71M |
| Operating Income Ratio | 9.11% | 10.61% | 9.15% | 10.45% | 11.70% | 9.75% | 9.37% | 9.36% | 11.24% | 11.31% | 11.39% | 12.64% | 11.49% | 11.62% | 10.11% | 11.18% | 11.74% | 11.19% | 8.06% | 9.77% |
| Total Other Income Expenses Net | $-11.97M | $-8.31M | $-3.63M | $8.94M | $-5.11M | $1.65M | $151.00K | $2.37M | $-4.79M | $-5.64M | $-971.00K | $-2.43M | $-5.60M | $-7.04M | $-5.56M | $-1.38M | $471.00K | $-7.08M | $-1.35M | $534.00K |
| Income Before Tax | $46.53M | $56.90M | $50.13M | $56.88M | $49.93M | $54.80M | $46.79M | $46.59M | $50.39M | $46.25M | $47.93M | $48.31M | $38.03M | $32.67M | $25.31M | $28.84M | $27.77M | $16.12M | $13.38M | $19.25M |
| Income Before Tax Ratio | 7.24% | 9.26% | 8.53% | 9.96% | 8.60% | 10.05% | 9.40% | 9.86% | 10.27% | 10.08% | 11.17% | 12.04% | 10.01% | 9.56% | 8.29% | 10.67% | 11.94% | 7.78% | 7.33% | 10.05% |
| Income Tax Expense | $7.03M | $11.36M | $10.10M | $12.94M | $8.44M | $10.98M | $9.88M | $10.21M | $10.97M | $10.15M | $10.78M | $11.50M | $8.90M | $7.07M | $5.36M | $7.17M | $9.09M | $3.78M | $3.37M | $6.08M |
| Net Income | $38.41M | $45.54M | $38.66M | $45.06M | $41.42M | $43.82M | $36.99M | $36.42M | $38.83M | $36.10M | $37.09M | $36.62M | $28.84M | $25.61M | $19.95M | $21.67M | $18.69M | $12.34M | $10.02M | $13.17M |
| Net Income Ratio | 5.98% | 7.41% | 6.58% | 7.89% | 7.13% | 8.04% | 7.44% | 7.71% | 7.91% | 7.87% | 8.64% | 9.12% | 7.59% | 7.49% | 6.53% | 8.02% | 8.03% | 5.95% | 5.48% | 6.87% |
| EPS | $0.88 | $1.05 | $0.89 | $1.05 | $0.98 | $1.01 | $0.87 | $0.86 | $0.93 | $0.86 | $0.89 | $0.88 | $0.69 | $0.61 | $0.49 | $0.54 | $0.47 | $0.31 | $0.27 | $0.36 |
| EPS Diluted | $0.85 | $1.02 | $0.87 | $1.02 | $0.96 | $0.98 | $0.85 | $0.84 | $0.91 | $0.84 | $0.87 | $0.86 | $0.68 | $0.60 | $0.48 | $0.53 | $0.46 | $0.30 | $0.26 | $0.35 |
| Weighted Average Shares Outstanding | 45.09M | 43.42M | 43.24M | 43.10M | 42.98M | 42.70M | 42.43M | 42.30M | 42.15M | 41.98M | 41.83M | 41.75M | 41.70M | 41.62M | 40.52M | 39.90M | 39.71M | 39.63M | 37.69M | 37.01M |
| Weighted Average Shares Outstanding Diluted | 45.05M | 44.44M | 44.29M | 44.07M | 43.97M | 43.66M | 43.37M | 43.24M | 43.08M | 42.89M | 42.78M | 42.74M | 42.83M | 42.81M | 41.66M | 41.16M | 40.91M | 40.83M | 38.76M | 38.09M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $142.09M | $307.22M | $292.46M | $427.80M | $278.94M |
| Short Term Investments | $16.15M | $19.43M | $54.94M | $34.64M | $20.86M |
| Cash and Short Term Investments | $156.09M | $324.76M | $347.39M | $462.44M | $299.80M |
| Net Receivables | $625.42M | $531.04M | $440.01M | $307.96M | $218.89M |
| Inventory | $- | $- | $-47.16M | $-27.59M | $-19.28M |
| Other Current Assets | $57.04M | $68.74M | $76.22M | $51.25M | $17.63M |
| Total Current Assets | $838.55M | $924.53M | $858.23M | $819.60M | $535.60M |
| Property Plant Equipment Net | $277.64M | $282.14M | $309.04M | $278.15M | $191.04M |
| Goodwill | $1.59B | $1.16B | $738.03M | $572.96M | $392.76M |
| Intangible Assets | $288.71M | $235.54M | $176.08M | $102.02M | $86.72M |
| Goodwill and Intangible Assets | $1.88B | $1.40B | $914.11M | $674.98M | $479.48M |
| Long Term Investments | $45.22M | $64.60M | $37.83M | $26.26M | $18.92M |
| Tax Assets | $80.81M | $60.78M | $46.57M | $58.40M | $41.51M |
| Other Non-Current Assets | $45.58M | $4.09M | $26.97M | $32.85M | $22.23M |
| Total Non-Current Assets | $2.33B | $1.81B | $1.33B | $1.07B | $753.17M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $3.17B | $2.74B | $2.19B | $1.89B | $1.29B |
| Account Payables | $55.73M | $48.48M | $35.75M | $22.17M | $16.93M |
| Short Term Debt | $31.34M | $204.77M | $40.52M | $36.22M | $16.27M |
| Tax Payables | $86.64M | $11.29M | $34.73M | $38.39M | $22.32M |
| Deferred Revenue | $5.91M | $- | $3.53M | $7.95M | $134.20M |
| Other Current Liabilities | $363.28M | $413.54M | $314.06M | $281.57M | $150.12M |
| Total Current Liabilities | $542.89M | $678.07M | $421.13M | $386.30M | $205.63M |
| Long Term Debt | $378.82M | $73.08M | $98.32M | $110.50M | $97.30M |
| Deferred Revenue Non-Current | $- | $- | $- | $7.26M | $17.82M |
| Deferred Tax Liabilities Non-Current | $- | $9.71M | $11.29M | $1.29M | $13.70M |
| Other Non-Current Liabilities | $211.78M | $187.89M | $101.43M | $78.13M | $92.20M |
| Total Non-Current Liabilities | $590.60M | $270.67M | $215.21M | $195.62M | $203.20M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.13B | $948.74M | $636.34M | $581.92M | $408.83M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $52.84M | $51.70M | $50.72M | $50.08M | $47.86M |
| Retained Earnings | $862.82M | $697.09M | $538.55M | $389.66M | $293.60M |
| Accumulated Other Comprehensive Income Loss | $-144.76M | $-42.05M | $-32.24M | $-6.39M | $-2.67M |
| Other Total Stockholders Equity | $1.19B | $1.02B | $950.52M | $872.03M | $541.16M |
| Total Stockholders Equity | $1.96B | $1.73B | $1.51B | $1.31B | $879.94M |
| Total Equity | $2.03B | $1.79B | $1.56B | $1.31B | $879.94M |
| Total Liabilities and Stockholders Equity | $3.17B | $2.74B | $2.19B | $1.89B | $1.29B |
| Minority Interest | $69.42M | $56.95M | $48.86M | $2.94M | $- |
| Total Liabilities and Total Equity | $3.17B | $2.74B | $2.19B | $1.89B | $1.29B |
| Total Investments | $61.37M | $84.03M | $92.77M | $60.90M | $39.78M |
| Total Debt | $410.16M | $277.84M | $138.84M | $146.72M | $113.57M |
| Net Debt | $268.07M | $-29.38M | $-153.62M | $-281.08M | $-165.37M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $142.09M | $199.03M | $157.63M | $225.62M | $307.22M | $196.90M | $240.86M | $254.03M | $292.46M | $294.04M | $323.58M | $340.76M | $427.80M | $399.73M | $431.37M | $148.83M | $278.94M | $323.31M | $356.87M | $132.64M |
| Short Term Investments | $16.15M | $18.22M | $22.74M | $11.88M | $19.43M | $29.23M | $40.51M | $42.66M | $54.94M | $79.18M | $42.91M | $32.71M | $34.64M | $85.80M | $35.94M | $47.63M | $20.86M | $64.75M | $52.00M | $4.79M |
| Cash and Short Term Investments | $156.09M | $217.25M | $180.37M | $237.50M | $326.65M | $226.13M | $281.38M | $296.68M | $347.39M | $373.22M | $366.49M | $373.46M | $462.44M | $485.53M | $467.31M | $196.46M | $299.80M | $388.06M | $408.87M | $137.43M |
| Net Receivables | $625.42M | $692.05M | $643.56M | $625.56M | $531.04M | $574.52M | $548.67M | $466.30M | $440.01M | $473.32M | $433.33M | $411.56M | $307.96M | $347.42M | $339.91M | $290.21M | $218.89M | $217.06M | $190.59M | $187.19M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $-47.16M | $- | $- | $- | $-27.59M | $- | $- | $10.71M | $-19.28M | $- | $- | $-854.00K |
| Other Current Assets | $57.04M | $24.03M | $29.65M | $34.68M | $68.74M | $22.84M | $25.46M | $26.50M | $37.78M | $18.30M | $12.37M | $11.35M | $51.25M | $9.94M | $9.36M | $8.67M | $17.63M | $11.97M | $14.09M | $12.30M |
| Total Current Assets | $838.55M | $933.33M | $853.58M | $897.74M | $924.53M | $816.66M | $844.90M | $837.46M | $858.23M | $860.78M | $807.39M | $792.98M | $819.60M | $839.96M | $814.32M | $501.90M | $535.60M | $614.64M | $608.75M | $336.91M |
| Property Plant Equipment Net | $277.64M | $276.60M | $272.55M | $275.32M | $282.14M | $284.73M | $292.50M | $302.29M | $309.04M | $296.11M | $292.82M | $285.25M | $278.15M | $237.90M | $206.29M | $199.14M | $191.04M | $154.62M | $157.97M | $161.92M |
| Goodwill | $1.59B | $1.26B | $1.08B | $1.11B | $1.16B | $968.61M | $799.60M | $745.27M | $738.03M | $584.63M | $580.04M | $571.04M | $572.96M | $495.63M | $450.95M | $430.96M | $392.76M | $258.86M | $187.93M | $187.98M |
| Intangible Assets | $288.71M | $286.16M | $284.52M | $266.00M | $235.54M | $196.75M | $200.45M | $187.87M | $176.08M | $105.08M | $104.13M | $106.56M | $102.02M | $96.94M | $89.08M | $88.90M | $86.72M | $35.04M | $30.08M | $27.83M |
| Goodwill and Intangible Assets | $1.88B | $1.55B | $1.36B | $1.37B | $1.40B | $1.17B | $1.00B | $933.13M | $914.11M | $689.71M | $684.17M | $677.61M | $674.98M | $592.58M | $540.03M | $519.86M | $479.48M | $293.90M | $218.00M | $215.80M |
| Long Term Investments | $45.22M | $40.81M | $66.85M | $62.13M | $64.60M | $34.96M | $34.41M | $37.54M | $37.83M | $33.02M | $27.41M | $27.76M | $26.26M | $24.19M | $27.06M | $23.10M | $18.92M | $9.05M | $7.50M | $5.66M |
| Tax Assets | $80.81M | $67.53M | $59.76M | $63.70M | $60.78M | $58.05M | $52.13M | $53.09M | $46.57M | $39.11M | $37.97M | $49.68M | $58.40M | $53.91M | $42.91M | $41.11M | $41.51M | $42.44M | $26.88M | $23.76M |
| Other Non-Current Assets | $45.58M | $34.99M | $4.97M | $3.61M | $4.09M | $25.40M | $24.90M | $22.72M | $26.97M | $27.26M | $28.43M | $29.29M | $32.85M | $28.18M | $18.30M | $20.77M | $22.23M | $27.99M | $26.93M | $27.37M |
| Total Non-Current Assets | $2.33B | $1.97B | $1.77B | $1.78B | $1.81B | $1.57B | $1.40B | $1.35B | $1.33B | $1.09B | $1.07B | $1.07B | $1.07B | $936.75M | $834.58M | $803.98M | $753.17M | $527.99M | $437.27M | $434.52M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.17B | $2.90B | $2.62B | $2.67B | $2.74B | $2.39B | $2.25B | $2.19B | $2.19B | $1.95B | $1.88B | $1.86B | $1.89B | $1.78B | $1.65B | $1.31B | $1.29B | $1.14B | $1.05B | $771.43M |
| Account Payables | $55.73M | $102.20M | $101.25M | $106.17M | $48.48M | $80.82M | $84.05M | $76.06M | $35.75M | $62.24M | $54.56M | $51.95M | $22.17M | $64.12M | $42.13M | $11.25M | $16.93M | $24.67M | $22.68M | $30.17M |
| Short Term Debt | $31.34M | $216.03M | $157.41M | $144.28M | $204.77M | $88.26M | $39.57M | $38.39M | $40.52M | $43.56M | $42.02M | $39.34M | $36.22M | $20.13M | $9.20M | $16.89M | $16.27M | $23.50M | $22.45M | $20.22M |
| Tax Payables | $86.64M | $262.09M | $5.57M | $20.49M | $11.29M | $245.98M | $209.26M | $32.55M | $34.73M | $25.16M | $22.26M | $33.27M | $38.39M | $25.76M | $24.58M | $46.13M | $22.32M | $20.78M | $12.66M | $27.81M |
| Deferred Revenue | $- | $- | $5.57M | $20.49M | $8.05M | $245.98M | $209.26M | $- | $3.53M | $- | $- | $- | $7.95M | $175.88M | $145.70M | $163.50M | $134.20M | $109.31M | $79.66M | $69.33M |
| Other Current Liabilities | $369.19M | $105.94M | $281.45M | $340.73M | $413.54M | $-180.07M | $-147.19M | $234.76M | $306.60M | $239.75M | $216.53M | $220.28M | $289.52M | $217.28M | $168.69M | $160.83M | $150.12M | $109.81M | $72.90M | $53.45M |
| Total Current Liabilities | $542.89M | $686.26M | $551.25M | $632.15M | $678.07M | $480.97M | $394.94M | $381.76M | $421.13M | $370.71M | $335.37M | $344.84M | $386.30M | $327.30M | $244.61M | $235.10M | $205.63M | $178.76M | $130.69M | $131.65M |
| Long Term Debt | $378.82M | $91.64M | $85.98M | $80.80M | $73.08M | $84.98M | $86.09M | $92.49M | $98.32M | $99.42M | $109.65M | $119.22M | $110.50M | $99.57M | $85.23M | $77.59M | $97.30M | $120.97M | $123.79M | $174.32M |
| Deferred Revenue Non-Current | $- | $- | $- | $79.01M | $70.88M | $19.78M | $22.08M | $- | $- | $- | $- | $- | $7.26M | $23.13M | $26.06M | $19.17M | $17.82M | $17.96M | $10.76M | $10.12M |
| Deferred Tax Liabilities Non-Current | $- | $18.38M | $19.86M | $18.93M | $9.71M | $3.22M | $5.07M | $5.35M | $11.29M | $1.26M | $2.08M | $1.31M | $1.29M | $8.71M | $8.34M | $13.70M | $13.70M | $1.44M | $1.22M | $795.00K |
| Other Non-Current Liabilities | $211.78M | $148.70M | $122.80M | $131.09M | $187.89M | $53.59M | $60.51M | $83.88M | $105.60M | $51.66M | $52.11M | $48.08M | $83.83M | $53.51M | $51.15M | $50.44M | $92.20M | $14.70M | $1.30M | $813.00K |
| Total Non-Current Liabilities | $590.60M | $258.72M | $228.65M | $230.82M | $270.67M | $161.57M | $173.74M | $181.73M | $215.21M | $152.35M | $163.83M | $168.61M | $195.62M | $184.92M | $170.78M | $160.90M | $203.20M | $155.07M | $137.08M | $186.04M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Total Liabilities | $1.13B | $944.99M | $779.89M | $862.98M | $948.74M | $642.54M | $568.68M | $563.49M | $636.34M | $523.05M | $499.20M | $513.45M | $581.92M | $512.22M | $415.39M | $396.00M | $408.83M | $333.83M | $267.77M | $317.69M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $52.84M | $52.29M | $52.04M | $51.78M | $51.70M | $51.36M | $51.04M | $50.80M | $50.72M | $50.51M | $50.34M | $50.12M | $50.08M | $50.00M | $49.86M | $47.91M | $47.86M | $47.60M | $47.51M | $44.44M |
| Retained Earnings | $862.82M | $824.41M | $780.81M | $742.15M | $697.09M | $654.96M | $611.96M | $574.97M | $538.55M | $499.37M | $463.38M | $426.28M | $389.66M | $360.69M | $335.21M | $315.26M | $293.60M | $274.91M | $262.57M | $252.55M |
| Accumulated Other Comprehensive Income Loss | $-144.76M | $-74.51M | $-95.17M | $-68.10M | $-42.05M | $-63.37M | $-30.63M | $-25.27M | $-32.24M | $-56.51M | $-35.81M | $-8.70M | $-6.39M | $-4.65M | $-5.02M | $-4.23M | $-2.67M | $-5.94M | $-4.95M | $-6.84M |
| Other Total Stockholders Equity | $1.19B | $1.09B | $1.04B | $1.02B | $1.02B | $1.05B | $1.00B | $974.69M | $950.52M | $927.23M | $898.84M | $879.22M | $872.03M | $855.68M | $853.46M | $550.95M | $541.16M | $492.23M | $473.14M | $163.60M |
| Total Stockholders Equity | $1.96B | $1.89B | $1.78B | $1.74B | $1.73B | $1.70B | $1.63B | $1.58B | $1.51B | $1.42B | $1.38B | $1.35B | $1.31B | $1.26B | $1.23B | $909.89M | $879.94M | $808.80M | $778.26M | $453.74M |
| Total Equity | $2.03B | $1.95B | $1.84B | $1.81B | $1.79B | $1.74B | $1.68B | $1.62B | $1.56B | $1.42B | $1.38B | $1.35B | $1.31B | $1.26B | $1.23B | $909.89M | $879.94M | $808.80M | $778.26M | $453.74M |
| Total Liabilities and Stockholders Equity | $3.17B | $2.90B | $2.62B | $2.67B | $2.74B | $2.39B | $2.25B | $2.19B | $2.19B | $1.95B | $1.88B | $1.86B | $1.89B | $1.78B | $1.65B | $1.31B | $1.29B | $1.14B | $1.05B | $771.43M |
| Minority Interest | $69.42M | $64.16M | $59.96M | $66.19M | $56.95M | $47.31M | $47.50M | $47.55M | $48.86M | $2.34M | $2.25M | $2.19M | $2.94M | $2.78M | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.17B | $2.90B | $2.62B | $2.67B | $2.74B | $2.39B | $2.25B | $2.19B | $2.19B | $1.95B | $1.88B | $1.86B | $1.89B | $1.78B | $1.65B | $1.31B | $1.29B | $1.14B | $1.05B | $771.43M |
| Total Investments | $61.37M | $59.03M | $89.58M | $74.01M | $84.03M | $64.19M | $74.92M | $80.19M | $92.77M | $112.20M | $70.32M | $60.47M | $60.90M | $109.99M | $62.99M | $70.73M | $39.78M | $73.80M | $59.51M | $10.45M |
| Total Debt | $410.16M | $307.67M | $243.40M | $225.09M | $277.84M | $173.23M | $125.65M | $130.88M | $138.84M | $142.98M | $151.67M | $158.56M | $146.72M | $119.70M | $94.44M | $94.48M | $113.57M | $144.47M | $146.24M | $194.54M |
| Net Debt | $268.07M | $108.64M | $85.77M | $-536.00K | $-29.38M | $-23.67M | $-115.21M | $-123.14M | $-153.62M | $-151.06M | $-171.91M | $-182.19M | $-281.08M | $-280.03M | $-336.94M | $-54.35M | $-165.37M | $-178.84M | $-210.63M | $61.90M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $165.73M | $158.54M | $149.48M | $96.36M | $54.22M |
| Depreciation and Amortization | $162.73M | $139.86M | $107.93M | $80.29M | $48.48M |
| Deferred Income Tax | $- | $-34.94M | $43.41M | $28.50M | $22.31M |
| Stock Based Compensation | $81.80M | $72.94M | $60.25M | $37.03M | $22.42M |
| Change in Working Capital | $-150.67M | $-57.97M | $-125.49M | $-41.48M | $-30.21M |
| Accounts Receivables | $-113.06M | $-27.67M | $-104.31M | $-93.02M | $-33.93M |
| Inventory | $- | $- | $- | $48.78M | $7.10M |
| Accounts Payables | $- | $19.00M | $-2.65M | $10.87M | $-2.77M |
| Other Working Capital | $-37.60M | $-49.31M | $-18.52M | $-8.11M | $-615.00K |
| Other Non Cash Items | $-10.87M | $40.10M | $-38.05M | $-21.71M | $-17.34M |
| Net Cash Provided by Operating Activities | $248.73M | $318.52M | $197.52M | $178.97M | $99.87M |
| Investments in Property Plant and Equipment | $-27.73M | $-126.80M | $-95.43M | $-77.63M | $-53.46M |
| Acquisitions Net | $-301.07M | $-267.34M | $-149.11M | $-165.31M | $-75.06M |
| Purchases of Investments | $-638.37M | $-642.78M | $-738.20M | $-317.01M | $-474.51M |
| Sales Maturities of Investments | $647.25M | $666.14M | $713.44M | $285.83M | $478.06M |
| Other Investing Activities | $-83.98M | $20.42M | $-13.05M | $1.25M | $951.00K |
| Net Cash Used for Investing Activities | $-403.90M | $-350.36M | $-269.30M | $-272.88M | $-124.02M |
| Debt Repayment | $56.70M | $85.32M | $-38.83M | $-37.67M | $-62.46M |
| Common Stock Issued | $- | $- | $- | $286.21M | $300.88M |
| Common Stock Repurchased | $-10.68M | $-11.52M | $-9.32M | $-7.26M | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-51.83M | $-29.27M | $-17.53M | $2.71M | $3.13M |
| Net Cash Used Provided by Financing Activities | $-5.81M | $44.53M | $-65.68M | $243.99M | $241.55M |
| Effect of Forex Changes on Cash | $-4.14M | $2.07M | $2.11M | $-1.22M | $-1.19M |
| Net Change in Cash | $-165.13M | $14.77M | $-135.35M | $148.87M | $216.22M |
| Cash at End of Period | $142.09M | $307.22M | $292.46M | $427.80M | $278.94M |
| Cash at Beginning of Period | $307.22M | $292.46M | $427.80M | $278.94M | $62.72M |
| Operating Cash Flow | $248.73M | $318.52M | $197.52M | $178.97M | $99.87M |
| Capital Expenditure | $-27.73M | $-126.80M | $-95.43M | $-77.63M | $-53.46M |
| Free Cash Flow | $220.99M | $191.72M | $102.09M | $101.34M | $46.41M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $38.41M | $45.54M | $38.66M | $45.06M | $42.13M | $42.99M | $36.99M | $36.42M | $39.19M | $36.10M | $37.09M | $36.62M | $28.97M | $25.61M | $19.95M | $21.67M | $18.69M | $12.34M | $10.02M | $13.17M |
| Depreciation and Amortization | $62.56M | $- | $33.97M | $32.50M | $32.07M | $28.59M | $27.31M | $26.21M | $24.51M | $21.89M | $20.36M | $- | $40.10M | $- | $- | $16.35M | $19.36M | $- | $- | $11.49M |
| Deferred Income Tax | $- | $- | $- | $- | $-86.49M | $-75.83M | $-71.67M | $-69.14M | $- | $-37.18M | $- | $- | $-31.99M | $- | $- | $7.17M | $-11.61M | $- | $- | $6.08M |
| Stock Based Compensation | $22.97M | $- | $- | $19.46M | $22.36M | $18.64M | $17.05M | $16.72M | $20.87M | $15.29M | $14.23M | $11.16M | $15.18M | $9.62M | $8.92M | $8.59M | $5.21M | $6.61M | $6.53M | $5.79M |
| Change in Working Capital | $87.26M | $-31.82M | $-71.65M | $-88.13M | $63.04M | $-10.14M | $-62.09M | $-48.78M | $- | $-5.69M | $-30.07M | $- | $34.87M | $29.27M | $- | $-64.14M | $39.68M | $- | $- | $-39.68M |
| Accounts Receivables | $- | $- | $- | $- | $-44.30M | $- | $- | $- | $- | $- | $- | $- | $-29.06M | $- | $- | $-63.96M | $-9.52M | $- | $- | $-15.21M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $7.80M | $- | $- | $-7.80M | $-1.18M | $- | $- | $1.18M |
| Other Working Capital | $87.26M | $-31.82M | $-71.65M | $-88.13M | $90.00M | $-10.14M | $-62.09M | $-48.78M | $- | $-5.69M | $-30.07M | $- | $56.13M | $- | $- | $7.62M | $50.38M | $- | $- | $-25.65M |
| Other Non Cash Items | $-73.88M | $76.82M | $9.19M | $86.27M | $83.34M | $83.14M | $89.15M | $72.39M | $-60.06M | $45.61M | $3.37M | $-47.78M | $-44.15M | $38.63M | $-28.87M | $-4.29M | $-23.89M | $-18.95M | $-16.55M | $-3.87M |
| Net Cash Provided by Operating Activities | $137.32M | $90.54M | $10.17M | $10.70M | $156.44M | $87.41M | $36.74M | $33.83M | $69.90M | $76.02M | $44.98M | $- | $100.11M | $93.50M | $- | $-14.64M | $105.22M | $- | $- | $-7.03M |
| Investments in Property Plant and Equipment | $46.77M | $-20.81M | $-38.16M | $-15.54M | $45.08M | $-26.76M | $-27.82M | $-35.61M | $- | $-30.07M | $-27.78M | $- | $35.40M | $-22.26M | $- | $-13.14M | $10.54M | $- | $- | $-10.54M |
| Acquisitions Net | $-301.07M | $- | $- | $- | $-267.63M | $- | $- | $- | $- | $- | $- | $- | $38.64M | $- | $- | $-38.64M | $-2.07M | $- | $- | $-3.15M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $91.62M | $- | $- | $-91.62M | $14.18M | $- | $- | $-63.89M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-58.00M | $- | $- | $58.00M | $-30.43M | $- | $- | $81.82M |
| Other Investing Activities | $17.57M | $-68.79M | $-22.50M | $-1.38M | $95.24M | $-113.91M | $-7.69M | $-11.27M | $- | $-65.35M | $-23.68M | $- | $96.10M | $-96.86M | $- | $756.00K | $-350.00K | $- | $- | $-6.53M |
| Net Cash Used for Investing Activities | $-236.73M | $-89.60M | $-60.66M | $-16.92M | $-127.31M | $-140.66M | $-35.51M | $-46.88M | $- | $-95.42M | $-51.47M | $- | $203.77M | $-119.12M | $- | $-84.64M | $-8.13M | $- | $- | $4.59M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-30.00M | $- | $- | $- | $69.46M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $851.00K | $- | $- | $- | $- |
| Common Stock Repurchased | $-10.68M | $- | $- | $- | $-11.52M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $56.66M | $41.04M | $-17.51M | $-75.33M | $87.69M | $7.93M | $-13.61M | $-25.96M | $-31.06M | $-11.38M | $-9.75M | $-13.49M | $1.18M | $-6.21M | $279.41M | $-399.00K | $-71.50M | $- | $- | $2.04M |
| Net Cash Used Provided by Financing Activities | $45.99M | $41.04M | $-17.51M | $-75.33M | $80.27M | $7.93M | $-13.61M | $-25.96M | $- | $-11.38M | $-9.75M | $- | $36.61M | $-6.21M | $- | $-30.40M | $-71.50M | $- | $- | $71.50M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $2.07M | $1.36M | $-786.00K | $581.00K | $- | $-323.58M | $- | $- | $426.00K | $25.62M | $- | $-426.00K | $-863.00K | $- | $- | $863.00K |
| Net Change in Cash | $142.09M | $- | $-67.99M | $-81.60M | $110.32M | $-43.96M | $-13.16M | $-38.43M | $-1.58M | $-354.35M | $-16.24M | $- | $340.91M | $-6.21M | $- | $-130.11M | $24.73M | $- | $- | $69.92M |
| Cash at End of Period | $142.09M | $- | $157.63M | $225.62M | $307.22M | $196.90M | $240.86M | $254.03M | $292.46M | $-30.78M | $-16.24M | $- | $340.91M | $-6.21M | $148.83M | $148.83M | $24.73M | $- | $132.64M | $132.64M |
| Cash at Beginning of Period | $- | $- | $225.62M | $307.22M | $196.90M | $240.86M | $254.03M | $292.46M | $294.04M | $323.58M | $- | $- | $- | $- | $148.83M | $278.94M | $- | $- | $132.64M | $62.72M |
| Operating Cash Flow | $137.32M | $90.54M | $10.17M | $10.70M | $156.44M | $87.41M | $36.74M | $33.83M | $69.90M | $76.02M | $44.98M | $- | $100.11M | $93.50M | $- | $-14.64M | $105.22M | $- | $- | $-7.03M |
| Capital Expenditure | $46.77M | $-20.81M | $-38.16M | $-15.54M | $45.08M | $-26.76M | $-27.82M | $-35.61M | $- | $-30.07M | $-27.78M | $- | $35.40M | $-22.26M | $- | $-13.14M | $10.54M | $- | $- | $-10.54M |
| Free Cash Flow | $184.09M | $69.73M | $-27.99M | $-4.84M | $201.52M | $60.65M | $8.92M | $-1.78M | $69.90M | $45.95M | $17.20M | $- | $135.51M | $71.24M | $- | $-27.78M | $115.77M | $- | $- | $-17.57M |
Globant S.A. operates as a technology services company worldwide. It offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. The company also provides smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical device, research and development, and precision medicine services; media and entertainment, and travel and hospitality services; cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services. In addition, it offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, smart venue, UI engineering, and sustainable business solutions. Further, the company provides smart underwriting, monitoring, and digital collection services; digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, it operates augmented coding and testing, StarMeUp, PagoChat, ShopChat, and Walmeric platforms. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg.
$106.53
Stock Price
$4.69B
Market Cap
31.28K
Employees
Luxembourg City, None
Location
Revenue (FY 2024)
$2.42B
15.3% YoY
Net Income (FY 2024)
$165.73M
4.5% YoY
EPS (FY 2024)
$3.72
2.2% YoY
Free Cash Flow (FY 2024)
$220.99M
15.3% YoY
Profitability
Gross Margin
36.3%
Net Margin
6.9%
ROE
8.4%
ROA
5.2%
Valuation
P/E Ratio
57.64
P/S Ratio
3.95
EV/EBITDA
24.24
Market Cap
$4.69B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$248.73M
-21.9% YoY
Free Cash Flow
$220.99M
15.3% YoY
Balance Sheet Summary
Total Assets
$3.17B
15.8% YoY
Total Debt
$410.16M
47.6% YoY
Shareholder Equity
$1.96B
8.8% YoY
Dividend Overview
No Dividend Data
Globant S.A. doesn't currently pay dividends.
Globant S.A Dividends
Explore Globant S.A's dividend history, including dividend yield, payout ratio, and historical payments.
Globant S.A News
Read the latest news about Globant S.A, including recent articles, headlines, and updates.
Globant: Thoroughly Discounted For A 2026 Rebound
GLOB faces near-zero growth in 2025 due to macro headwinds and delayed IT spending, but this slowdown is sector-wide, not company-specific. Management is guiding conservatively, yet a strong pipeline and new AI subscription model could drive a 2026 rebound and high-teens growth by 2027. Valuation has reset after the recent selloff; at 0.9x PEG, downside appears limited, and upside could be significant if growth resumes as forecast.
Globant S.A. (GLOB) Q1 2025 Earnings Call Transcript
Globant S.A. (NYSE:GLOB ) Q1 2025 - Earnings Conference Call May 15, 2025 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants Tien-tsin Huang - JPMorgan Jim Schneider - Goldman Sachs Brian Bergen - TD Cowen Jamie Freeman - Susquehanna Maggie Nolan - William Blair Jonathan Lee - Guggenheim Sean Kennedy - Mizuho Divya Goyal - Scotiabank Arvind Ramnani - Piper Sandler Operator Good afternoon and welcome to Globant's First Quarter 2025 Earnings Conference Call.
Globant Reports 2025 First Quarter Financial Results
First quarter revenues of $611.1 million, up 7.0% year-over-year IFRS Diluted EPS of $0.68 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.50 for the first quarter LUXEMBOURG , May 15, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months ended March 31, 2025. Please see highlights below.
Baron Global Advantage Fund Q1 2025 Top Contributors And Detractors
Strong performance from Bajaj Finance and MercadoLibre drove quarterly gains, supported by robust growth, solid earnings, and management continuity. Cloudflare remains a high-conviction holding due to durable top-line growth, expanding product offerings, and a unique edge network for AI applications. Nvidia's stock correction was driven by AI adoption concerns, but we maintain high conviction given its differentiated platform and strong datacenter performance.
Globant takes Saudi Pro League into a new era through a Competition Management Solution leveraging AI
This reinvention partnership reinforces Globant's growing footprint in Saudi Arabia's sports ecosystem. Powered by AI and cutting-edge technology, the new platform will raise the operational standards of Saudi Pro League to match the world's leading football tournaments The Competition Management Solution will automate core processes and enhance the experience for players, coaches, and league officials, while integrating advanced AI to support faster and more accurate decision-making RIYADH, Saudi Arabia , May 12, 2025 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has partnered with Saudi Pro League (SPL) to implement the cutting-edge Competition Management Solution provided by Sportian, Globant's sports division.
Globant to Announce First Quarter 2025 Financial Results on May 15th
LUXEMBOURG , May 1, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the first quarter ended March 31st, 2025 on Thursday, May 15th, 2025 after the close of regular market hours. Following the earnings release, Martin Migoya, Globant's Chief Executive Officer & co-founder, will discuss the results in a video conference call beginning at 4:30 pm ET.
Globant: AI Growth Tempered By Cost-Takeout And LatAm Headwinds
Globant sees promising growth in AI services, contributing $350M in 2024 revenue, but faces client focus on cost-takeout over transformation projects. Despite strong growth rates in AI and regional expansion, Globant's stock dropped 35% in the past year, starkly underperforming the S&P Software & Services ETF. The company's capital allocation strategy lacks clarity, with increasing dilution from stock-based compensation.
Globant to support YPF in the acceleration of its digital transformation by applying artificial intelligence
BUENOS AIRES, Argentina , April 30, 2025 /PRNewswire/ -- Horacio MarÃn, President and CEO of YPF -leading energy company of Argentina and largest shale oil operator in the world outside the United States- and MartÃn Migoya, Co-founder and CEO of Globant -a digitally native company focused on reinventing businesses through innovative technology solutions- have signed a Memorandum of Understanding (MoU) that marks a significant milestone in the transformation of YPF's Supply Chain operations. "This alliance supports the work we are doing at YPF to become increasingly efficient.
Globant Signs Strategic Partner Agreement with Google Cloud to Facilitate AI and Cloud Transformations
Globant's strategic cooperation with Google Cloud delivers industry-specific solutions tailored to the needs of the Media & Entertainment, Retail, Healthcare, and Finance & Banking sectors. NEW YORK , April 9, 2025 /PRNewswire/ --Â Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has announced a Strategic Partner Agreement with Google Cloud to help more customers utilize the efficiency and scalability of Google Cloud technologies.
Globant Wins 2025 Google Cloud Country Partner of the Year Award in Argentina and Talent Development Partner of the Year for Latin America
The awards recognize Globant's expertise leveraging Google Cloud services and solutions in Argentina, as well as its commitment to growing and promoting Globant's cloud skills in Latin America SAN FRANCISCO , April 8, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced that it has received the 2025 Google Cloud Country Partner of the Year Award for Argentina and the Talent Development Partner of the Year Award for Latin America. This marks the second year in a row that Globant has received the Talent Development Partner of the Year - Latin America recognition.
Globant to Hold its Annual General Meeting of Shareholders on April 30, 2025
LUXEMBOURG , March 28, 2025 /PRNewswire/ -- Globant S.A. (NYSE: GLOB) (the "Company"), a digitally native technology services company focused on creating digital journeys, announces that its Annual General Meeting of Shareholders (the "General Meeting") is to be held on April 30, 2025.
Every second counts: Formula 1 Implements Globant's New Team Content Delivery System in 2025, revolutionizing the racing experience
This cutting-edge development aims to enhance the competitive experience of a sport that challenges race teams to perform at their highest potential. Designed with next-generation technology, the Team Content Delivery System focuses on responsiveness and usability facilitating quicker and more informed decision-making during critical race moments.
Globant Revolutionizes Immersive Entertainment, Showcased at Intuit Dome
LA Clippers partner with Globant on Intuit Dome technology project that powers fan experience for the 400,000+ fans who have entered Intuit Dome in its first six months LOS ANGELES , March 6, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the impact of its work to innovate the fan experience at the LA Clippers' Intuit Dome in Inglewood, California, creating a roadmap for the smart stadium revolution happening globally. "When Steve Ballmer set out to build the most innovative arena for the LA Clippers, it was clear that technology expertise had to be at the core of Intuit Dome's development, design and deployment," said George Hanna, Chief Technology & Digital Officer at the Los Angeles Clippers.
Globant Files Annual Report for 2024
LUXEMBOURG , Feb. 28, 2025 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company (the "Company"), announced today that it filed its annual report on Form 20-F for the year ended December 31, 2024 (the "2024 Annual Report") with the U.S. Securities and Exchange Commission ("SEC").
Globant: Market Overreaction Creates Attractive Buying Opportunity
Globant, a multinational IT company, is rated a buy with a price target of $183, projecting an 18% upside by year-end. Despite recent underperformance and revenue misses due to LATAM currency issues, GLOB's fundamentals remain solid with growth prospects in new markets like the Middle East. GLOB's participation in major projects like Saudi Arabia's Qiddiya could significantly boost its market penetration and overall growth.
Globant S.A. (GLOB) Q4 2024 Earnings Call Transcript
Globant S.A. (NYSE:GLOB ) Q4 2024 Earnings Conference Call February 20, 2024 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants James Schneider - Goldman Sachs Puneet Jain - JPMorgan Maggie Nolan - William Blair Jamie Friedman - Susquehanna Jonathan Lee - Guggenheim Zachary Ajzenman - TD Cowen Sean Kennedy - Mizuho Surinder Thind - Jefferies Divya Goyal - Scotia Arvind Ramnani - Piper Sandler Arturo Langa Good day, and welcome to Globant's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Globant Reports 2024 Fourth Quarter and Full Year Financial Results
Ending On A High Note Fourth quarter revenues of $642.5 million, up 10.6% year-over-year IFRS Diluted EPS of $0.85 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.75 for the fourth quarter Full year 2024 Â revenues of $2,415.7 million, up 15.3% year-over-year IFRS Diluted EPS of $3.72 for the full year Non-IFRS Adjusted Diluted EPS of $6.40 for the full year LUXEMBOURG , Feb. 20, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2024. Please see highlights below.
Globant to Announce Fourth Quarter 2024 Financial Results on February 20th
LUXEMBOURG , Feb. 13, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the fourth quarter and full year ended December 31st, 2024 on Thursday, February 20th, 2025 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET.
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