Globant S.A.
Financial Performance
Globant Revenue & Financials
Revenue
$2.5B (FY2025)
Market Cap
$1.5B
Net Income
$102.9M
Employees
27,411
What is Globant's revenue?
Globant had $2.5B in revenue for fiscal year 2025, up 1.6% from 2024. Net income was $102.9M.
- Latest revenue
- $2.5B (FY2025)
- Year-over-year
- +1.6%
- Growth rate (CAGR)
- 25.3% over 9 years
- Peak revenue
- $2.5B (FY2025)
- Years of data
- 10
- Employees
- 27,411
- How much profit does Globant make?
- Globant reported net income of $102.9M for fiscal year 2025. sec.gov
- How many employees does Globant have?
- Globant has about 27,411 employees.
Financial Analysis
Globant grew revenue from $322.9 million in 2016 to $2,415.7 million in 2024, a period that included 59% growth in 2021. Growth then stalled: 2025 revenue rose only 1.6% to a record $2,454.9 million while net income fell to $102.9 million from $165.7 million, reflecting restructuring costs and margin pressure. Free cash flow was a record $211.7 million in 2025. In Q2 2026 revenue was $614.4 million, roughly flat year over year, with an IFRS operating margin of 3.2% (13.2% adjusted) and IFRS diluted EPS of $0.04 ($1.40 adjusted). Management cut full-year 2026 guidance to $2.428-$2.462 billion from $2.462-$2.508 billion, citing project delays and budget cuts in its Middle East "New Markets" region. Cash and short-term investments were $168.8 million at June 30, 2026, and the company completed its first buyback and authorized a further $125 million. Globant S.A. is a colossal digital transformation and software engineering firm, commanding a market valuation typically over $8 billion.
Revenue Trend Analysis
YoY Change
+1.6%
9-Year CAGR
+25.3%
Peak Year
2025
Trend
Consistent Growth
Globant S.A. has 10 full fiscal year figures on this page, compounding at +25.3% annually over 9 years. The most recent year saw a 1.6% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $2.5B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
Click any row to see year details.
Globant S.A. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $301.2M | $19.2M | $3.3B | $1.2B | $2.1B | $282M | Form 20-F |
| FY2024ended Dec 31, 2024 | $248.7M | $27.7M | $3.1B | $1.1B | $2B | $221M | Form 20-F |
| FY2023ended Dec 31, 2023 | $318.5M | $45.1M | $2.7B | $931.2M | $1.7B | $273.4M | Form 20-F |
| FY2022ended Dec 31, 2022 | $197.5M | $47.1M | $2.2B | $639.6M | $1.5B | $150.5M | Form 20-F |
| FY2021ended Dec 31, 2021 | $179M | $42.8M | $1.9B | $576.2M | $1.3B | $136.2M | Form 20-F |
| FY2020ended Dec 31, 2020 | $99.9M | $29.3M | $1.3B | $408.8M | $879.9M | $70.6M | Form 20-F |
| FY2019ended Dec 31, 2019 | $79.7M | $20.4M | $687.8M | $249.1M | — | $59.4M | Form 20-F |
| FY2018ended Dec 31, 2018 | $67.2M | $19.2M | $437.1M | $99.2M | $337.9M | $48M | Form 20-F |
| FY2017ended Dec 31, 2017 | $43M | $19.6M | $357.2M | $93.8M | $263.4M | $23.4M | Form 20-F |
| FY2016ended Dec 31, 2016 | $31.5M | $17.7M | $284.7M | $76.2M | $208.5M | $13.8M | Form 20-F |
Related Companies
Compare Globant S.A. Revenue With Competitors
Keep researching Globant
Globant Revenue and Financial FAQ
What is the annual revenue scale and growth trajectory of Globant S.A.?
Globant reported revenue of $2,454.9 million in 2025, up 1.6% from $2,415.7 million in 2024, after compounding at more than 20% a year from 2016 to 2024. 2026 guidance is $2.428-$2.462 billion, implying a slight decline.
How does Globant manage client concentration across its top accounts?
In Q2 2026 Globant's top customer represented 8.9% of revenue, its top five 21.6% and its top ten 30.6%. It had 331 accounts generating more than $1 million of annual revenue.
What is Globant's balance sheet liquidity and debt profile?
Globant had $168.8 million in cash, cash equivalents and short-term investments at June 30, 2026. It completed its initial share repurchase program in Q2 2026 and had $125 million available under a new authorization.
How do currency fluctuations in Latin America impact Globant's cost structure and profitability?
Because Globant bills the vast majority of its revenues in US Dollars and Euros while incurring a significant portion of talent delivery costs in local currencies (Argentine Pesos, Colombian Pesos, Brazilian Reais), currency depreciations can lower delivery costs, though Globant hedges local payroll inflation actively.
What are Globant's capital expenditure (CapEx) requirements and free cash flow generation?
Globant is a low capital-intensity services business. It generated record free cash flow of $211.7 million in 2025 and $12.6 million in Q2 2026.
How does Globant allocate capital between organic investments and M&A?
Globant reinvests free cash flow into scaling proprietary AI capabilities (Globant X), expanding regional delivery hubs in Europe and Asia, and funding strategic tuck-in acquisitions to expand domain capabilities and geographic presence.
How fast is Globant's AI business growing?
Glob.AI annual recurring revenue rose from $32.8 million in March 2026 to $52.8 million in June 2026, and management expects at least $110 million exiting 2026.
How does Globant report its financial results under US GAAP or IFRS standards?
As a Luxembourg-incorporated foreign private issuer listed on the NYSE, Globant reports its consolidated financial statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB).
When did Globant go public?
In 2014, Globant executed a massive, highly successful IPO on the New York Stock Exchange, becoming the first Latin American software company to do so. Since then, they have maintained incredible, often 20-30% year-over-year revenue growth by securing massive digital transformation contracts with companies like Disney and Google.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Globant Revenue & Financials." CorpDigest, https://corpdigest.com/company/globant/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Globant reported $2.5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/globant/financials" target="_blank" rel="noopener">CorpDigest — Globant financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Globant
Core profile pages, founders and related research hubs for this company.