Saturday 7 November 2026
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Globant S.A.
GLOB Technology Information Technology Services
Globant S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 1.62% from fiscal 2024.
- Revenue
- +0.04%
- EPS
- +180.0%
- Free cash flow
- +476.2%
- Total debt
- −1.71%
Quarter to June 2026, against a year earlier
47.42
1.82
−3.70%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 323 | 413 | 522 | 659 | 814 | 1,297 | 1,780 | 2,096 | 2,416 | 2,455 | 2,451 | +25.3% | 2,445 | 2,493 | 2,571 | +1.6% | |
| Gross margin, % | 40.72 | 36.35 | 39.01 | 38.55 | 37.38 | 38.16 | 37.60 | 36.06 | 35.74 | 35.00 | 34.52 | (5.7) pt | ||||||
| EBT | 50 | 39 | 67 | 69 | 77 | 125 | 193 | 198 | 210 | 139 | 160 | +12.0% | ||||||
| EBT margin, % | 15.55 | 9.32 | 12.92 | 10.47 | 9.40 | 9.63 | 10.83 | 9.45 | 8.71 | 5.67 | 6.51 | (9.9) pt | ||||||
| Net income | 36 | 30 | 52 | 54 | 54 | 96 | 149 | 159 | 169 | 104 | 104 | +12.6% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 9.38 | 11.84 | 14.61 | 18.02 | 21.14 | 31.68 | 42.46 | 49.20 | 55.66 | 55.51 | 57.19 | +21.8% | |||||
| Earnings | 1.07 | 0.89 | 1.44 | 1.48 | 1.41 | 2.35 | 3.55 | 3.72 | 3.82 | 2.33 | 2.58 | +9.0% | ||||||
| Cash flow | 0.92 | 1.23 | 1.88 | 2.18 | 2.59 | 4.37 | 4.71 | 7.48 | 5.73 | 6.81 | 0.00 | +25.0% | ||||||
| Capex | (0.70) | (0.79) | (0.80) | (0.87) | (1.36) | (1.87) | (2.28) | (2.97) | (2.62) | (2.02) | 0.00 | +12.6% | ||||||
| Free cash flow | 0.22 | 0.44 | 1.08 | 1.31 | 1.23 | 2.51 | 2.43 | 4.51 | 3.11 | 4.79 | 0.00 | +41.0% | ||||||
| Book value | 6.06 | 7.54 | 9.45 | 11.99 | 22.85 | 31.96 | 37.11 | 42.15 | 46.85 | 48.87 | 50.72 | +26.1% | ||||||
| Shares, m | 34 | 35 | 36 | 37 | 39 | 41 | 42 | 43 | 43 | 44 | 44 | +2.8% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 30.83 | 50.13 | 39.11 | 23.86 | 153.68 | 134.80 | 47.46 | 61.92 | 56.13 | 28.06 | 18.38 | 62.6 | |||||
| P/S | 3.52 | 3.81 | 3.85 | 1.18 | 10.29 | 9.91 | 3.98 | 4.68 | 3.85 | 1.18 | 0.83 | 4.6 | ||||||
| P/B | 5.44 | 5.98 | 5.96 | 1.77 | 9.52 | 9.83 | 4.55 | 5.46 | 4.58 | 1.34 | 0.93 | 5.4 | ||||||
| EV/Sales | 3.33 | 3.68 | 3.70 | 1.22 | 9.96 | 9.57 | 3.79 | 4.60 | 3.91 | 1.23 | 0.93 | 4.5 | ||||||
| EV/FCF | (46.15) | 332.59 | 34.59 | 18.40 | 112.74 | 117.40 | 29.98 | 58.19 | (111.07) | 14.32 | 10.88 | 56.1 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 31 | 43 | 67 | 80 | 100 | 179 | 198 | 319 | 249 | 301 | 635 | +28.5% | |||||
| Capex | (24) | (28) | (29) | (32) | (53) | (76) | (95) | (127) | (114) | (89) | (425) | +15.8% | ||||||
| Free cash flow | 7 | 15 | 38 | 48 | 47 | 103 | 102 | 192 | 135 | 212 | 210 | +44.9% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 79 | 82 | 120 | 130 | 330 | 433 | 429 | 259 | 331 | 373 | 417 | +18.9% | |||||
| Net debt | (41) | (36) | (86) | (31) | (272) | (448) | (337) | (164) | 136 | 116 | 253 | n/m | ||||||
| Shareholders’ equity | 209 | 263 | 338 | 439 | 880 | 1,308 | 1,556 | 1,796 | 2,033 | 2,162 | 2,174 | +29.7% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 14.13 | 9.51 | 13.01 | 9.60 | 5.49 | 6.05 | 7.30 | 6.44 | 5.64 | 3.18 | 3.42 | (11.0) pt | |||||
| ROIC | 18.45 | 9.10 | 16.59 | 12.38 | 8.63 | 10.49 | 10.60 | 7.62 | 6.49 | 4.71 | 4.83 | (13.7) pt | ||||||
| ROE | 19.46 | 12.94 | 17.19 | 13.91 | 8.22 | 8.78 | 10.40 | 9.46 | 8.66 | 4.91 | 5.20 | (14.5) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 5,631 | 6,753 | 8,384 | 11,855 | 16,251 | 23,526 | 27,122 | 29,150 | 31,280 | 28,773 | — | +19.9% | |||||
| Revenue/emp, $m | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.07 | 0.07 | 0.08 | 0.09 | — | +4.5% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Globant S.A. vs peers in Information Technology Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CIFR Cipher Digital Inc. | $2.5B | — (loss-making) | — (loss-making) | −62.76% (below 0%: shrinking) | n/m | −1,669.40% (below 0%: shrinking) | 42.46% | (269.33%) | Compare |
| DXC DXC Technology Company. | $2.4B | 24.1× | 11.7× | −4.02% (below 0%: shrinking) | −58.90% (below 0%: shrinking) | −48.75% (below 0%: shrinking) | 21.75% | 1.81% | Compare |
| CSQR Csquare, Inc. | $2.3B | — | — | — | n/m | — | 52.49% | 21.10% | Compare |
| PENG Penguin Solutions, Inc. | $2.2B | 14.8× | 14.1× | +67.70% (above 0%: growing) | +1,227.27% (above 0%: growing) | −128.21% (below 0%: shrinking) | 27.51% | 12.26% | Compare |
| GLOB Globant S.A. | $2.1B | 18.4× | 19.7× | +0.04% (above 0%: growing) | n/m | +476.16% (above 0%: growing) | 33.89% | 3.23% | |
| CNXC Concentrix Corporation | $1.9B | — (loss-making) | — (loss-making) | −1.19% (below 0%: shrinking) | n/m | +38.49% (above 0%: growing) | 34.60% | (37.10%) | Compare |
| FORTY Formula Systems (1985) Ltd. | $1.7B | 2.6× | 13.9× | +29.82% (above 0%: growing) | +55.10% (above 0%: growing) | +1,330.84% (above 0%: growing) | 20.25% | 9.16% | Compare |
| MGRT Mega Fortune Company Limited | $1.6B | — | — | — | — | — | — | — | Compare |
| PONY Pony AI Inc. - Sponsored ADR | $1.6B | — (loss-making) | — (loss-making) | +68.82% (above 0%: growing) | n/m | −73.21% (below 0%: shrinking) | 17.53% | (181.51%) | Compare |
| Median of peers | $2.1B | 14.8× | 13.9× | +14.32% | +55.10% | −60.98% | 27.51% | 1.81% |
Globant S.A. (GLOB) Latest News
16 Sep
28 Aug
14 Aug
13 Aug
6 Aug
GLOB metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score