Globant Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,455	2,416	2,096	1,780	1,297
Revenue Growth (YoY)	1.62%	15.26%	17.73%	37.25%	59.32%
Cost of Revenue	1,596	1,552	1,340	1,111	802.09
Gross Profit	859.29	863.37	755.76	669.4	494.99
Selling, General & Admin	1,018	1,040	883.63	456.32	343
Depreciation & Amortization Expenses	187.78	162.73	139.86	-	-
Other Operating Expenses	58.23	4.95	19.72	6.36	7.55
Operating Income	171.73	225.42	198.96	206.71	144.43
Interest Income	5.53	5.3	4.78	2.83	0.65
Interest Expense	-40.61	-32.2	-23.75	-16.55	-12.71
Other Non-Operating Income (Expense)	2.5	11.91	18.03	-0.1	-7.53
Total Non-Operating Income (Expense)	-32.59	-14.99	-0.94	-13.82	-19.58
Pretax Income	139.15	210.43	198.02	192.88	124.85
Provision for Income Taxes	35.19	41.43	39.51	43.41	28.5
Net Income	102.92	165.73	158.54	148.89	96.07
Minority Interest in Earnings	1.04	3.27	-0.03	0.59	0.29
Net Income to Common	102.92	165.73	158.54	148.89	96.07
Net Income Growth	-37.90%	4.54%	6.48%	54.99%	77.19%
Shares Outstanding (Basic)	44	43	43	42	41
Shares Outstanding (Diluted)	45	45	44	43	42
Shares Change (YoY)	0.93%	2.28%	1.72%	1.85%	5.94%
EPS (Basic)	2.33	3.82	3.72	3.55	2.35
EPS (Diluted)	2.29	3.72	3.64	3.47	2.28
EPS Growth	-38.44%	2.20%	4.90%	52.19%	67.02%
Free Cash Flow	281.95	220.99	273.41	150.46	136.21
Free Cash Flow Growth	27.58%	-19.17%	81.72%	10.46%	92.99%
Free Cash Flow Per Share	6.26	4.96	6.27	3.51	3.24
Gross Margin	35.00%	35.74%	36.06%	37.60%	38.16%
Operating Margin	7.00%	9.33%	9.49%	11.61%	11.14%
Profit Margin	4.23%	7.00%	7.56%	8.40%	7.43%
FCF Margin	11.49%	9.15%	13.04%	8.45%	10.50%
EBITDA	359.51	388.15	338.82	314.64	224.72
EBITDA Margin	14.64%	16.07%	16.17%	17.67%	17.33%
EBIT	171.73	225.42	198.96	206.71	144.43
EBIT Margin	7.00%	9.33%	9.49%	11.61%	11.14%
Effective Tax Rate	25.29%	19.69%	19.95%	22.50%	22.82%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.