Globant S.A. (GLOB)

Globant Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,482	2,416	2,096	1,780	1,297	814.14
Revenue Growth (YoY)	8.66%	15.26%	17.73%	37.25%	59.32%	23.48%
Cost of Revenue	1,587	1,540	1,335	1,107	801.4	509.31
Gross Profit	895.03	875.93	761.08	673.51	495.68	304.83
Selling, General & Admin	599.74	590.8	501.4	428.97	314.73	190.8
Other Operating Expenses	74.44	23.88	20.94	17.61	13.26	16.68
Operating Expenses	681.15	621.65	541.14	452.95	335.54	210.56
Operating Income	213.88	254.28	219.94	220.56	160.14	94.27
Interest Expense	-35.76	-28.66	-20.07	-14.04	-10.48	-8.88
Interest & Investment Income	4.7	5.3	4.78	2.83	0.65	1.92
Earnings From Equity Investments	0.17	0.22	0.09	0.12	-0.23	-0.62
Currency Exchange Gain (Loss)	0.19	0.19	-22.01	-6.67	3.9	-2.94
Other Non Operating Income (Expenses)	-16.64	2.1	5.92	12.65	-1.07	9.25
EBT Excluding Unusual Items	166.56	233.44	188.65	215.46	152.9	93
Gain (Loss) on Sale of Investments	0.91	0.91	24.19	-7.04	-6.99	-3.04
Gain (Loss) on Sale of Assets	-0.97	-0.97	-1.13	-1.63	-0.58	-0.68
Asset Writedown	0.17	0.17	0.82	-1.02	-0.08	-
Legal Settlements	-0.13	-0.13	0.12	-0.24	-2.85	-0.84
Other Unusual Items	-28.59	-23	-16.87	-12.65	-17.55	-11.91
Pretax Income	137.95	210.43	198.02	192.88	124.85	76.52
Income Tax Expense	26.13	41.43	39.51	43.41	28.5	22.31
Earnings From Continuing Operations	111.82	169	158.51	149.48	96.36	54.22
Minority Interest in Earnings	-1.55	-3.27	0.03	-0.59	-0.29	-
Net Income	110.27	165.73	158.54	148.89	96.07	54.22
Net Income to Common	110.27	165.73	158.54	148.89	96.07	54.22
Net Income Growth	-34.69%	4.54%	6.48%	54.99%	77.19%	0.37%
Shares Outstanding (Basic)	44	43	43	42	41	39
Shares Outstanding (Diluted)	45	45	44	43	42	40
Shares Change (YoY)	2.59%	2.28%	1.72%	1.85%	5.94%	5.42%
EPS (Basic)	2.51	3.82	3.72	3.55	2.35	1.41
EPS (Diluted)	2.44	3.72	3.64	3.47	2.28	1.37
EPS Growth	-36.15%	2.20%	4.90%	52.19%	66.42%	-4.20%
Free Cash Flow	-	220.99	273.41	150.46	136.21	70.58
Free Cash Flow Per Share	-	4.96	6.27	3.51	3.24	1.78
Gross Margin	36.05%	36.26%	36.31%	37.83%	38.21%	37.44%
Operating Margin	8.62%	10.53%	10.49%	12.39%	12.35%	11.58%
Profit Margin	4.44%	6.86%	7.56%	8.36%	7.41%	6.66%
Free Cash Flow Margin	-	9.15%	13.05%	8.45%	10.50%	8.67%
EBITDA	347.58	372.81	312.77	293.25	216.59	125.11
EBITDA Margin	14.00%	15.43%	14.92%	16.47%	16.70%	15.37%
D&A For EBITDA	133.69	118.53	92.84	72.69	56.45	30.84
EBIT	213.88	254.28	219.94	220.56	160.14	94.27
EBIT Margin	8.62%	10.53%	10.49%	12.39%	12.35%	11.58%
Effective Tax Rate	18.94%	19.69%	19.95%	22.50%	22.82%	29.15%

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q