Globant S.A. (GLOB) — Financial statements
Income statement, balance sheet, and cash flow for Globant S.A. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,455↑1.6% | 2,416↑15.3% | 2,096↑17.7% | 1,780↑37.3% | 1,297 | |
| Cost of Revenue | 1,596↑2.8% | 1,552↑15.8% | 1,340↑20.6% | 1,111↑38.5% | 802 | |
| Gross Profit | 859↓0.5% | 863↑14.2% | 756↑12.9% | 669↑35.2% | 495 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 451↑19.0% | 379↑16.0% | 327↑29.2% | 253 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 29↑10.2% | 26↓2.4% | 27↑161.9% | 10 | |
| SG&A Expenses | 629↑31.0% | 480↑18.4% | 406↑14.6% | 354↑34.3% | 264 | |
| Other Expenses | 58↓63.0% | 158↑4.3% | 151↑39.1% | 109↑24.9% | 87 | |
| Operating Expenses | 688↑7.8% | 638↑14.6% | 557↑20.3% | 463↑32.0% | 351 | |
| Total Costs & Expenses | 2,283↑4.2% | 2,190↑15.5% | 1,897↑20.6% | 1,574↑36.5% | 1,153 | |
| Operating Results | ||||||
| Operating Income | 172↓23.8% | 225↑13.3% | 199↓3.7% | 207↑43.1% | 144 | |
| Depreciation & Amortization | 160↓1.5% | 163↑16.4% | 140↑29.6% | 108↑34.4% | 80 | |
| EBITDA | 299↓28.2% | 417↑16.5% | 358↑13.7% | 315↑46.0% | 216 | |
| EBIT | 139↓45.3% | 254↑16.6% | 218↑5.4% | 207↑52.9% | 135 | |
| Interest & Other Income | ||||||
| Net Interest Income | -41↓73.9% | -23↓23.1% | -19↓69.4% | -11↓14.0% | -10 | |
| Interest Income | 0.00↓100.0% | 5↑11.0% | 5↑68.7% | 3↑334.4% | 0.65 | |
| Interest Expense | 0.00↓100.0% | 29↑20.7% | 24↑69.2% | 14↑33.9% | 10 | |
| Non-Operating Income | 33↑212.9% | -29↓50.9% | -19↓8923.1% | -0.21↓102.3% | 9 | |
| Other Income / Expenses | -33↓117.4% | -15↓1489.5% | -0.94↑93.2% | -14↑29.4% | -20 | |
| Income Before Tax | 139↓33.9% | 210↑6.3% | 198↑2.7% | 193↑54.5% | 125 | |
| Income Tax Expense | 35↓15.1% | 41↑4.8% | 40↓9.0% | 43↑52.3% | 28 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 104↓38.5% | 169↑6.6% | 159↑6.0% | 149↑55.1% | 96 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 103↓37.9% | 166↑4.5% | 159↑6.5% | 149↑55.0% | 96 | |
| Bottom-Line Net Income | 103↓37.9% | 166↑4.5% | 159↑6.5% | 149↑55.0% | 96 | |
| EPS (Basic) | 2.33↓39.0% | 3.82↑2.7% | 3.72↑4.8% | 3.55↑51.1% | 2.35 | |
| EPS (Diluted) | 2.29↓38.4% | 3.72↑2.2% | 3.64↑4.9% | 3.47↑52.2% | 2.28 | |
| Weighted Average Shares | 45↑0.9% | 45↑4.6% | 43↑1.6% | 42↑2.4% | 41 | |
| Weighted Average Diluted Shares | 45↑0.9% | 45↑2.3% | 44↑1.7% | 43↑1.9% | 42 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.