Globant S.A. Financial Statements
NYSE: GLOBTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 36.32 +0.08%
Globant S.A. revenue and earnings
In fiscal 2025, Globant S.A. generated $2.45 billion in revenue, up 1.6% from fiscal 2024, its 10th consecutive year of revenue growth. Net income was $102.9 million (-37.9% year over year), for a net margin of 4.2% versus a median of 7.4% in the prior 5 years. Gross margin was 35.0% (down from 35.7%) and operating margin 7.0%.
Diluted earnings per share came in at $2.29, down from $3.72. Over the last 5 fiscal years, GLOB's revenue has grown at a 24.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Globant S.A. income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.45B | 2.42B | 2.10B | 1.78B | 1.30B | 814.14M | 659.33M | 522.31M | 413.44M | 322.86M |
| Revenue growth (YoY) | +1.62% | +15.26% | +17.73% | +37.25% | +59.32% | +23.48% | +26.23% | +26.33% | +28.06% | +27.21% |
| 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 |
| Operating Expenses | 687.56M | 637.95M | 556.80M | 462.69M | 350.56M | 220.38M | 173.43M | 136.96M | 117.10M | 81.89M |
| Selling, General & 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 |
| Pretax 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 |
| Net Income growth (YoY) | -37.90% | +4.54% | +6.48% | +54.99% | +77.19% | +0.37% | +4.52% | +69.22% | -14.88% | +13.34% |
| 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 |
| Shares Outstanding (Basic) | 44.23M | 43.40M | 42.60M | 41.93M | 40.94M | 38.52M | 36.59M | 35.75M | 34.92M | 34.40M |
| Shares Outstanding (Diluted) | 45.01M | 44.59M | 43.59M | 42.85M | 42.08M | 39.72M | 37.67M | 36.69M | 36.09M | 35.41M |
| Gross Margin | 35.00% | 35.74% | 36.06% | 37.60% | 38.16% | 37.38% | 38.55% | 39.01% | 36.35% | 40.72% |
| Operating Margin | 7.00% | 9.33% | 9.49% | 11.61% | 11.14% | 10.31% | 12.25% | 12.79% | 8.02% | 15.35% |
| Net Margin | 4.19% | 6.86% | 7.56% | 8.36% | 7.41% | 6.66% | 8.19% | 9.89% | 7.39% | 11.11% |
This table shows 10 annual periods of Globant S.A.'s income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GLOB's reporting calendar. What is a income statement?