Accenture vs Globant: Revenue, Profit and Business Model
Accenture reported $69.7B of revenue in FY2025 and $7.7B of net income. Globant reported $2.5B of revenue in FY2025 and $102.9M of net income.
Latest financial snapshot
Financial summary
Accenture
Accenture's fiscal year ends August 31. Revenue rose from $34.80B in FY2016 to $69.67B in FY2025, and net income attributable to Accenture plc rose from $4.11B to $7.68B over the same period. FY2025 brought $80.62B in new bookings, $10.87B of free cash flow, GAAP diluted EPS of $12.15 and $8.3B returned to shareholders through dividends and buybacks. Spending on acquisitions was $6.58B in FY2024 and $1.47B in FY2025. In Q3 FY2026 (to May 31, 2026) revenue was $18.72B, up 6% in U.S. dollars and 3% in local currency, and full-year FY2026 results are due on October 1, 2026.
Globant
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.
Revenue and profit by year
Accenture
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $69.7B | $7.7B | 11.0% | +7.4% | Source |
| FY2024 | $64.9B | $7.3B | 11.2% | +1.2% | Source |
| FY2023 | $64.1B | $6.9B | 10.7% | +4.1% | Source |
| FY2022 | $61.6B | $6.9B | 11.2% | +21.9% | Source |
| FY2021 | $50.5B | $5.9B | 11.7% | +14.0% | Source |
| FY2020 | $44.3B | $5.1B | 11.5% | +2.6% | Source |
| FY2019 | $43.2B | $4.8B | 11.1% | +5.4% | Source |
| FY2018 | $41B | $4.1B | 9.9% | +13.3% | Source |
| FY2017 | $36.2B | $3.4B | 9.5% | +4.0% | Source |
| FY2016 | $34.8B | $4.1B | 11.8% | — | Source |
Globant
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $2.5B | $102.9M | 4.2% | +1.6% | Source |
| FY2024 | $2.4B | $165.7M | 6.9% | +15.3% | Source |
| FY2023 | $2.1B | $158.5M | 7.6% | +17.7% | Source |
| FY2022 | $1.8B | $148.9M | 8.4% | +37.3% | Source |
| FY2021 | $1.3B | $96.1M | 7.4% | +59.3% | Source |
| FY2020 | $814.1M | $54.2M | 6.7% | +23.5% | Source |
| FY2019 | $659.3M | $54M | 8.2% | +26.2% | Source |
| FY2018 | $522.3M | $51.7M | 9.9% | +26.3% | Source |
| FY2017 | $413.4M | $30.5M | 7.4% | +28.1% | Source |
| FY2016 | $322.9M | $35.9M | 11.1% | — | Source |
Where the revenue comes from
Accenture
- Consulting
$35.11B in FY2025 revenue
Consulting includes strategy, technology consulting, systems integration, cloud migration, data and AI programs, and large transformation projects.
- Managed Services
$34.57B in FY2025 revenue
Managed Services includes application management, infrastructure operations, business process services, finance operations, customer operations, and other long-term outsourced work.
- AI, Data, and Digital Core
Reported across consulting and managed services
Accenture embeds AI, data, cybersecurity, cloud, enterprise platforms, and digital core modernization into client transformation programs.
- Song, Supply Chain, Engineering, and Talent
Reported across service lines
These capabilities cover customer experience, commerce, design, marketing technology, product engineering, supply chain, workforce transformation, and change management.
Globant
- North America (top country: US)52.8%
Largest market; Q2 2026 share of revenue.
- Europe (top country: Spain)20.9%
Q2 2026 share of revenue.
- Latin America (top country: Argentina)20.8%
Q2 2026 share of revenue.
- New Markets (top country: Saudi Arabia)5.5%
Middle East and other new regions; Q2 2026 share of revenue, where project delays drove the 2026 guidance cut.
Business model and strategy
Accenture
How it makes money
Accenture sells professional services to large companies and governments. Consulting revenue ($35.11B in FY2025) comes from strategy, technology implementation, cloud migration and data and AI projects. Managed services revenue ($34.57B) comes from multi-year contracts to run applications, infrastructure and business processes such as finance or customer operations.
Growth strategy
Accenture grows through a mix of organic services and frequent acquisitions. It spent $6.58B on businesses and investments in FY2024 and $1.47B in FY2025, and in 2026 announced its largest recent deals: Faculty in the UK and the $1.2B Ookla agreement.
Competitive advantage
Accenture can take a client from strategy work through systems implementation and then run the resulting systems or processes under multi-year managed services contracts; in FY2025 managed services was $34.57B of its $69.67B revenue.
Globant
How it makes money
Globant sells technology services to large companies. Most revenue comes from teams of engineers, designers and data specialists billed on time-and-materials or fixed-price contracts, grouped into specialist Studios (AI, gaming, cloud, digital experience, enterprise software and others).
Growth strategy
Globant's 2025-2026 strategy centers on AI-native delivery: AI Pods sold on subscription or consumption pricing, the Glob.AI platform opened to the wider market in August 2026, and partnerships with model and tooling providers including Anthropic, OpenAI and Vercel.
Competitive advantage
Globant's advantages are nearshore delivery from Argentina, Colombia, Uruguay, Mexico and other Latin American countries that share US working hours; a Studios structure that keeps specialist skills together; long relationships with marquee clients such as Disney, EA and FIFA; and an early commercial AI offering (Glob.AI and AI Pods) with reported ARR of $52.8 million by June 2026.
Questions about Accenture vs Globant
Which company has higher revenue — Accenture PLC or Globant S.A.?
Accenture PLC reported $69.7B (FY2025), while Globant S.A. reported $2.5B (FY2025). By last reported revenue, Accenture PLC is the larger business, with Globant S.A. reporting a smaller revenue base.
What is the market cap of Accenture PLC vs Globant S.A.?
Accenture PLC's market capitalisation stands at $110.7B, while Globant S.A.'s is $1.5B. Accenture PLC carries the higher market valuation, reflecting investors' expectations of its future earnings power relative to Globant S.A..
Which is more financially efficient — Accenture PLC or Globant S.A.?
Accenture PLC generates $87k / employee in revenue per employee, while Globant S.A. generates $90k / employee. Globant S.A. shows higher revenue efficiency per headcount, though this reflects business model differences — capital-light software companies routinely outperform labour-intensive manufacturers on this metric.
How do Accenture PLC and Globant S.A. make money?
Accenture PLC and Globant S.A. generate revenue in fundamentally different ways. Accenture PLC: Accenture sells professional services to large companies and governments. Globant S.A.: Globant sells technology services to large companies.
Which company is valued higher relative to revenue — Accenture PLC or Globant S.A.?
On a price-to-sales (P/S) basis, Accenture PLC trades at 1.6x P/S and Globant S.A. at 0.6x P/S. Accenture PLC commands a higher revenue multiple, typically indicating that investors expect faster growth or higher future margins compared to Globant S.A.. A higher multiple is not inherently better — it may also signal that the stock is priced for perfection.
Is Accenture PLC bigger than Globant S.A.?
By last reported revenue, Accenture PLC ($69.7B (FY2025)) is the larger company compared to Globant S.A. ($2.5B (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Accenture vs Globant overview