GLOB
GLOB
Globant S.A.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $612.47M ▼ | $154.11M ▲ | $41.56M ▲ | 6.79% ▲ | $0.94 ▲ | $96.27M ▼ |
| Q3-2025 | $617.14M ▲ | $119.05M ▼ | $33.1M ▲ | 5.36% ▲ | $0.74 ▲ | $98.52M ▲ |
| Q2-2025 | $614.18M ▲ | $211.78M ▲ | $-2.38M ▼ | -0.39% ▼ | $-0.05 ▼ | $47.51M ▼ |
| Q1-2025 | $611.09M ▼ | $163.37M ▼ | $30.64M ▼ | 5.01% ▼ | $0.7 ▼ | $89.42M ▲ |
| Q4-2024 | $642.48M | $183.38M | $38.41M | 5.98% | $0.88 | $88.5M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $250.34M ▲ | $3.32B ▼ | $1.16B ▲ | $2.09B ▼ |
| Q3-2025 | $166.95M ▼ | $3.35B ▼ | $1.1B ▼ | $2.17B ▲ |
| Q2-2025 | $174.24M ▲ | $3.4B ▲ | $1.21B ▲ | $2.12B ▲ |
| Q1-2025 | $127.58M ▼ | $3.24B ▲ | $1.12B ▼ | $2.05B ▲ |
| Q4-2024 | $158.24M | $3.17B | $1.13B | $1.96B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $41.56M ▲ | $150.79M ▲ | $-39.11M ▼ | $-30.24M ▲ | $88.84M ▲ | $152.78M ▲ |
| Q3-2025 | $33.1M ▲ | $92.09M ▲ | $-27.24M ▲ | $-73.29M ▼ | $-12.53M ▼ | $67.48M ▲ |
| Q2-2025 | $-2.38M ▼ | $21.88M ▲ | $-68.76M ▼ | $103.76M ▲ | $53.43M ▲ | $-2.86M ▲ |
| Q1-2025 | $30.64M ▼ | $15.69M ▼ | $-26.49M ▲ | $-16.98M ▼ | $-28.09M ▲ | $-5.71M ▼ |
| Q4-2024 | $38.41M | $125.13M | $-262.52M | $83.97M | $-56.94M | $171.9M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Globant S.A.'s financial evolution and strategic trajectory over the past five years.
The company combines solid reported profitability and a conservative balance sheet with a strong competitive position in high‑growth areas like AI‑driven digital transformation. Its studio model, proprietary AI platforms, and innovation‑oriented culture provide differentiation that goes beyond simple labor arbitrage. Financially, it benefits from healthy gross economics, ample equity, and manageable leverage, giving it flexibility to pursue strategic initiatives and acquisitions.
Key risks include reliance on intangible assets and acquisitions, which may lead to future write‑downs if deals underperform or technologies become obsolete. The cash flow data provided, if accurate, would point to serious concerns about earnings quality and liquidity, though inconsistencies suggest the need for better information. Operationally, the company must navigate intense competition, rapid technological change, and ongoing talent pressures, any of which could affect growth and margins. A shift toward more complex AI and subscription models also introduces execution and pricing risks.
Taken together, the information suggests a company with a strong strategic footing in attractive markets and a culture geared toward innovation, but with financial nuances that warrant closer examination—especially around cash generation and the sustainability of intangible assets. If it can successfully scale its AI platforms, deepen recurring and subscription‑like revenues, and maintain disciplined integration of acquisitions, it is well placed to continue playing a meaningful role in the evolution of digital and AI‑enabled services. However, the pace of technological and competitive change means its future path is likely to be dynamic and occasionally volatile rather than smooth and predictable.
About Globant S.A.
https://www.globant.comGlobant S.A. operates as a technology services company worldwide.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $612.47M ▼ | $154.11M ▲ | $41.56M ▲ | 6.79% ▲ | $0.94 ▲ | $96.27M ▼ |
| Q3-2025 | $617.14M ▲ | $119.05M ▼ | $33.1M ▲ | 5.36% ▲ | $0.74 ▲ | $98.52M ▲ |
| Q2-2025 | $614.18M ▲ | $211.78M ▲ | $-2.38M ▼ | -0.39% ▼ | $-0.05 ▼ | $47.51M ▼ |
| Q1-2025 | $611.09M ▼ | $163.37M ▼ | $30.64M ▼ | 5.01% ▼ | $0.7 ▼ | $89.42M ▲ |
| Q4-2024 | $642.48M | $183.38M | $38.41M | 5.98% | $0.88 | $88.5M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $250.34M ▲ | $3.32B ▼ | $1.16B ▲ | $2.09B ▼ |
| Q3-2025 | $166.95M ▼ | $3.35B ▼ | $1.1B ▼ | $2.17B ▲ |
| Q2-2025 | $174.24M ▲ | $3.4B ▲ | $1.21B ▲ | $2.12B ▲ |
| Q1-2025 | $127.58M ▼ | $3.24B ▲ | $1.12B ▼ | $2.05B ▲ |
| Q4-2024 | $158.24M | $3.17B | $1.13B | $1.96B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $41.56M ▲ | $150.79M ▲ | $-39.11M ▼ | $-30.24M ▲ | $88.84M ▲ | $152.78M ▲ |
| Q3-2025 | $33.1M ▲ | $92.09M ▲ | $-27.24M ▲ | $-73.29M ▼ | $-12.53M ▼ | $67.48M ▲ |
| Q2-2025 | $-2.38M ▼ | $21.88M ▲ | $-68.76M ▼ | $103.76M ▲ | $53.43M ▲ | $-2.86M ▲ |
| Q1-2025 | $30.64M ▼ | $15.69M ▼ | $-26.49M ▲ | $-16.98M ▼ | $-28.09M ▲ | $-5.71M ▼ |
| Q4-2024 | $38.41M | $125.13M | $-262.52M | $83.97M | $-56.94M | $171.9M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Globant S.A.'s financial evolution and strategic trajectory over the past five years.
The company combines solid reported profitability and a conservative balance sheet with a strong competitive position in high‑growth areas like AI‑driven digital transformation. Its studio model, proprietary AI platforms, and innovation‑oriented culture provide differentiation that goes beyond simple labor arbitrage. Financially, it benefits from healthy gross economics, ample equity, and manageable leverage, giving it flexibility to pursue strategic initiatives and acquisitions.
Key risks include reliance on intangible assets and acquisitions, which may lead to future write‑downs if deals underperform or technologies become obsolete. The cash flow data provided, if accurate, would point to serious concerns about earnings quality and liquidity, though inconsistencies suggest the need for better information. Operationally, the company must navigate intense competition, rapid technological change, and ongoing talent pressures, any of which could affect growth and margins. A shift toward more complex AI and subscription models also introduces execution and pricing risks.
Taken together, the information suggests a company with a strong strategic footing in attractive markets and a culture geared toward innovation, but with financial nuances that warrant closer examination—especially around cash generation and the sustainability of intangible assets. If it can successfully scale its AI platforms, deepen recurring and subscription‑like revenues, and maintain disciplined integration of acquisitions, it is well placed to continue playing a meaningful role in the evolution of digital and AI‑enabled services. However, the pace of technological and competitive change means its future path is likely to be dynamic and occasionally volatile rather than smooth and predictable.

CEO
Martin Migoya
Compensation Summary
(Year )
Upcoming Earnings
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Needham
Buy
Canaccord Genuity
Hold
Guggenheim
Buy
JP Morgan
Neutral
Wells Fargo
Equal Weight
Jefferies
Hold
Grade Summary
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Price Target
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