Globant S.A. (GLOB) Income Statement
GLOB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGLOB revenue and net income
Where GLOB's revenue goes
2025Each bar shows an amount and its share of revenue. GLOB kept 4.2% of revenue as net income.
GLOB profit margins
GLOB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.6% | +11.3% | +24.7% | +25.5% |
| Gross profit | −0.5% | +8.7% | +23.1% | +24.8% |
| Operating income | −23.8% | −6.0% | +15.4% | +21.9% |
| Net income | −37.9% | −11.6% | +13.7% | +12.5% |
| EPS (diluted) | −15.1% | +2.4% | +17.3% | +18.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GLOB quarterly EPS vs estimates
Globant beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 12, 2026 (estimate $1.13).
GLOB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.42B | $2.10B | $1.78B | $1.30B | $814.1M | $659.3M | $522.3M | $413.4M | $322.9M |
| Cost of revenue | $1.60B | $1.55B | $1.34B | $1.11B | $802.1M | $509.8M | $405.2M | $335.1M | $262.6M | $190.9M |
| Gross profit | $859.3M | $863.4M | $755.8M | $669.4M | $495.0M | $304.3M | $254.2M | $187.2M | $150.9M | $131.9M |
| Sales, general & admin | $486.3M | $480.4M | $405.8M | $354.1M | $263.6M | $161.9M | $124.8M | $110.5M | $92.9M | $69.3M |
| Total operating expenses | $687.6M | $637.9M | $556.8M | $462.7M | $350.6M | $220.4M | $173.4M | $138.7M | $117.1M | $81.9M |
| Operating income | $171.7M | $225.4M | $199.0M | $206.7M | $144.4M | $83.9M | $80.7M | $66.8M | $33.2M | $49.6M |
| Interest income | $5.5M | $5.3M | $4.9M | $2.8M | $652,000 | $1.9M | $958,000 | $407,000 | $479,000 | $60,000 |
| Interest expense | $40.6M | $28.7M | $23.8M | $14.0M | $10.5M | $10.4M | $6.7M | $1.5M | $1.4M | $1.4M |
| Income before taxes | $139.1M | $210.4M | $198.0M | $192.9M | $124.9M | $76.5M | $69.0M | $67.5M | $38.5M | $50.2M |
| Income taxes | $35.2M | $41.4M | $39.5M | $43.4M | $28.5M | $22.3M | $15.0M | $15.9M | $8.1M | $14.3M |
| Net income | $102.9M | $165.7M | $158.5M | $148.9M | $96.1M | $54.2M | $54.0M | $51.6M | $30.5M | $35.9M |
| EBITDA | $326.9M | $417.0M | $358.0M | $314.9M | $215.6M | $133.9M | $113.0M | $94.6M | $56.7M | $60.5M |
| EPS (diluted) | $5.45 | $6.42 | $5.74 | $5.08 | $3.76 | $2.45 | $2.29 | $1.74 | $1.27 | $1.14 |
| Gross margin | 35.0% | 35.7% | 36.1% | 37.6% | 38.2% | 37.4% | 38.5% | 35.8% | 36.5% | 40.9% |
| Operating margin | 7.0% | 9.3% | 9.5% | 11.6% | 11.1% | 10.3% | 12.2% | 12.8% | 8.0% | 15.4% |
| Net margin | 4.2% | 6.9% | 7.6% | 8.4% | 7.4% | 6.7% | 8.2% | 9.9% | 7.4% | 11.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $614.4M | $607.1M | $612.5M | $617.1M | $614.2M | $611.1M | $642.5M | $614.7M | $587.5M | $571.1M | $580.7M | $545.3M |
| Cost of revenue | $406.2M | $424.1M | $398.8M | $431.2M | $396.5M | $397.9M | $400.6M | $392.4M | $377.9M | $368.9M | $367.1M | $368.0M |
| Gross profit | $208.2M | $182.9M | $213.7M | $185.9M | $217.6M | $213.2M | $241.9M | $222.3M | $209.5M | $202.2M | $213.6M | $177.3M |
| Sales, general & admin | $154.3M | $158.4M | $13.4M | $151.7M | $159.5M | $161.7M | $154.1M | $154.2M | $154.6M | $152.1M | $144.6M | $142.5M |
| Total operating expenses | $188.4M | $127.4M | $154.1M | $119.1M | $211.8M | $163.4M | $183.4M | $157.1M | $155.8M | $154.3M | $158.7M | $116.1M |
| Operating income | $19.9M | $55.5M | $59.6M | $66.8M | $5.9M | $49.9M | $58.5M | $65.2M | $53.8M | $47.9M | $55.0M | $61.1M |
| Interest income | $1.3M | $1.8M | $2.2M | $1.5M | $978,000 | $945,000 | $1.4M | $1.3M | $1.4M | $1.1M | $1.3M | $1.3M |
| Interest expense | $9.2M | $9.4M | $6.8M | $10.0M | $11.0M | $9.6M | $8.1M | $7.0M | $6.2M | $7.3M | $8.7M | $5.7M |
| Income before taxes | $4.3M | $50.7M | $56.2M | $48.4M | −$4.5M | $39.0M | $46.5M | $56.9M | $50.1M | $56.9M | $49.8M | $54.8M |
| Income taxes | $741,000 | $11.9M | $13.2M | $14.2M | −$742,000 | $8.5M | $7.0M | $11.4M | $10.1M | $12.9M | $8.4M | $11.0M |
| Net income | $1.8M | $37.0M | $41.6M | $33.1M | −$2.4M | $30.6M | $38.4M | $45.5M | $38.7M | $45.1M | $42.1M | $43.0M |
| EBITDA | $13.6M | $98.2M | $95.4M | $98.5M | $47.5M | $89.4M | $106.2M | $97.6M | $90.3M | $90.0M | $93.5M | $88.9M |
| EPS (diluted) | $0.96 | $1.50 | $1.24 | $1.53 | $1.53 | $1.15 | $1.75 | $1.63 | $1.51 | $1.53 | $1.62 | $1.48 |
| Gross margin | 33.9% | 30.1% | 34.9% | 30.1% | 35.4% | 34.9% | 37.6% | 36.2% | 35.7% | 35.4% | 36.8% | 32.5% |
| Operating margin | 3.2% | 9.1% | 9.7% | 10.8% | 1.0% | 8.2% | 9.1% | 10.6% | 9.2% | 8.4% | 9.5% | 11.2% |
| Net margin | 0.3% | 6.1% | 6.8% | 5.4% | −0.4% | 5.0% | 6.0% | 7.4% | 6.6% | 7.9% | 7.3% | 7.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GLOB's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GLOB financial results
In fiscal year 2025 (ended December 31, 2025), Globant reported revenue of $2.5 billion, up 1.6% from the year before. It had net income of $102.9 million (down 37.9%), a net profit margin of 4.2%. Diluted earnings per share came to $5.45. Over five years revenue grew at an average rate of 24.7% a year.
See the GLOB stock overview for the latest quote and news, or the GLOB chart for price history and technical indicators.
GLOB income statement FAQ
What is Globant's annual revenue?
Globant reported total revenue of $2.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 1.6% from $2.4 billion the previous year.
Is Globant profitable?
Yes. Globant reported net income of $102.9 million in fiscal 2025, a net profit margin of 4.2%; its operating margin was 7.0%.
What is Globant's gross margin?
Globant's gross margin was 35.0% in fiscal 2025: for every $100 of revenue, Globant kept $35 after the direct cost of its products and services.
How fast is Globant growing?
Revenue grew 24.7% a year on average over the last five fiscal years, from $814.1 million to $2.5 billion.
What are Globant's earnings per share?
Globant earned $5.45 per diluted share in fiscal 2025, compared with $6.42 a year earlier.
When will Globant report its next earnings?
Globant is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Globant's fiscal year end?
Globant's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.