GLOB · Globant S.A. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.42B | $2.10B | $1.78B | $1.30B | $814.14M |
| Cost of Revenue | $1.60B | $1.55B | $1.34B | $1.11B | $802.09M | $509.81M |
| Gross Profit | $859.29M | $863.37M | $755.76M | $669.39M | $494.99M | $304.33M |
| R&D | - | - | - | - | - | - |
| SG&A | $629.33M | $633.00M | $537.08M | $456.32M | $343.00M | $217.22M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - |
| Operating Income | $171.73M | $225.42M | $198.96M | $206.71M | $144.43M | $83.94M |
| Interest Expense | $40.61M | $32.20M | $23.75M | $16.55M | $12.71M | $10.43M |
| Income Tax | $35.19M | $41.43M | $39.51M | $43.41M | $28.50M | $22.31M |
| Net Income | $103.96M | $169.00M | $158.51M | $149.48M | $96.36M | $54.22M |
| EPS - Basic | $2.33 | $3.82 | $3.72 | $3.55 | $2.35 | $1.41 |
| EPS - Diluted | $2.29 | $3.72 | $3.64 | $3.47 | $2.28 | $1.37 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $243.74M | $142.09M | $307.22M | $292.46M | $427.80M | $278.94M |
| Accounts Receivable | $577.67M | $605.00M | $499.28M | $425.42M | $300.11M | $196.02M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $953.76M | $838.55M | $924.53M | $858.23M | $819.60M | $535.60M |
| Total Assets | $3.32B | $3.17B | $2.74B | $2.20B | $1.89B | $1.29B |
| Current Liabilities | $580.29M | $542.89M | $678.07M | $427.84M | $386.30M | $205.63M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.16B | $1.13B | $948.74M | $643.05M | $581.92M | $408.83M |
| Stockholders' Equity | $2.16B | $2.03B | $1.79B | $1.56B | $1.31B | $879.94M |
| Retained Earnings | $965.74M | $862.82M | $697.09M | $538.55M | $389.66M | $293.60M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $301.18M | $248.73M | $318.52M | $197.52M | $178.97M | $99.87M |
| Investing Cash Flow | ($134.51M) | ($403.90M) | ($350.36M) | ($269.30M) | ($272.88M) | ($124.02M) |
| Financing Cash Flow | ($64.57M) | ($5.81M) | $44.53M | ($65.68M) | $243.99M | $241.55M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35.0% | 35.7% | 36.1% | 37.6% | 38.2% | 37.4% |
| Operating margin | 7.0% | 9.3% | 9.5% | 11.6% | 11.1% | 10.3% |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 4.2% | 7.0% | 7.6% | 8.4% | 7.4% | 6.7% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 25.6% | 26.2% | 25.6% | 25.6% | 26.4% | 26.7% |
| Effective tax rate | 25.3% | 19.7% | 20.0% | 22.5% | 22.8% | 29.2% |
| Return on assets | 3.1% | 5.3% | 5.8% | 6.8% | 5.1% | 4.2% |
| Return on equity | 4.8% | 8.3% | 8.9% | 9.6% | 7.4% | 6.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.64 | 1.54 | 1.36 | 2.01 | 2.12 | 2.60 |
| Quick ratio | 1.64 | 1.54 | 1.36 | 2.01 | 2.12 | 2.60 |
| Cash ratio | 0.42 | 0.26 | 0.45 | 0.68 | 1.11 | 1.36 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 4.2x | 7.0x | 8.4x | 12.5x | 11.4x | 8.0x |
| Equity multiplier | 1.54 | 1.56 | 1.53 | 1.41 | 1.44 | 1.46 |
| Liabilities / Assets | 0.35 | 0.36 | 0.35 | 0.29 | 0.31 | 0.32 |
| Efficiency | ||||||
| Asset turnover | 0.74 | 0.76 | 0.77 | 0.81 | 0.69 | 0.63 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 86d | 91d | 87d | 87d | 84d | 88d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 28.5x | 57.6x | 65.4x | 48.5x | 137.8x | 158.8x |
| P / B | 1.3x | 4.6x | 5.7x | 4.5x | 9.8x | 9.5x |
| P / S | 1.2x | 3.9x | 4.8x | 4.0x | 9.9x | 10.3x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 1.6% | 15.3% | 17.7% | 37.3% | 59.3% | 23.5% |
| Revenue CAGR (3y) | 11.3% | 23.0% | 37.1% | 39.2% | 35.4% | 36.1% |
| Revenue CAGR (5y) | 24.7% | 29.7% | 32.0% | 40.7% | - | - |
| Gross profit growth (YoY) | -0.5% | 14.2% | 12.9% | 35.2% | 62.7% | 19.7% |
| Operating income growth (YoY) | -23.8% | 13.3% | -3.7% | 43.1% | 72.1% | 4.0% |
| Net income growth (YoY) | -38.5% | 6.6% | 6.0% | 55.1% | 77.7% | 0.4% |
| EPS growth (YoY) | -38.4% | 2.2% | 4.9% | 52.2% | 66.4% | -4.2% |
| EPS CAGR (3y) | -12.9% | 17.7% | 38.5% | 34.4% | 17.4% | 10.7% |
| EPS CAGR (5y) | 10.8% | 21.1% | 20.9% | 28.0% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 6.3% | 13.8% | 14.8% | 19.0% | 48.7% | 100.6% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.01
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Globant S.A. against the 5 most active filers in the same SIC group.