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. In the quarter to June 2026, revenue was flat, EPS grew 180.0%, free cash flow grew 476.2% and total debt fell 1.71%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

39.37 0.14 +0.36%
Market cap
$1.7B
P/E
15.3×
Fwd P/E
10.6×
Dividend yield
—
F-score
3/9
Altman Z
2.95
Beneish M
−2.79
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.97
Total sells 0.49
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — — — — —
Sell — — — — — — — — — 2 — —
Insider Ownership 2.52%

Capital & Financial Ratios $m

Market Cap 1,690.00
Revenue 2,451.11
Net Income 103.96
Free Cash Flow 210.08
Net Debt 253.14
Current Ratio 1.84 (at or above 1.5: strong)
Debt/Equity 0.19 (at or below 0.5: strong)
P/E ratio 15.26
Fwd P/E 10.60
P/S ratio 0.69
P/B ratio 0.78
Past 5Y EPS Growth 10.82%
This Y EPS Growth (3.53%) (below 0%: weak)
Next Y EPS Growth 4.13%
Next Y revenue growth (0.40%) (below 0%: weak)
Next 5Y EPS Growth 1.43%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 3.02%
10-year low 10-year high
P/S against its own 10 years 3.21%
10-year low 10-year high
P/B against its own 10 years 3.24%
10-year low 10-year high
EV/Sales against its own 10 years 3.87%
10-year low 10-year high
EV/FCF against its own 10 years 5.49%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 323 156 250 169
Receivables 554 659 662 701
Inventory — — — —
Other 47 24 41 42
925 839 954 912
2023 2024 2025 Q'26
Payables 125 115 113 118
ST’ Debt 157 2 20 19
Other 70 78 172 99
665 507 580 494

Compound Annual Growth %

10y 5y 3y
Sales 25.47% 24.70% 11.31%
Cash Flow 0.00% 24.70% 15.10%
Earnings 12.51% 13.68% (11.58%)
Book Value 29.72% 19.69% 11.58%

Revenue $m

Mar Jun Sep Dec Year
’26 607 614 — — —
’25 611 614 617 612 2,455
’24 571 587 615 642 2,416
’23 472 498 545 581 2,096
’22 401 429 459 491 1,780
’21 270 305 342 380 1,297
’20 192 183 342 98 814
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 301 301
’24 — — — 249 249
’23 — — — — 319
’22 — — — — 198
’21 (15) — — — 179
’20 (7) — — 100 100
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 212 212
’24 — — — 135 135
’23 34 37 87 (127) 192
’22 — — — (95) 102
’21 (27) — — (76) 103
’20 (17) — — 47 47
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.85 0.04 — — —
’25 0.68 (0.05) 0.73 0.93 2.29
’24 1.02 0.87 0.98 0.85 3.72
’23 0.84 0.85 0.98 0.96 3.64
’22 0.86 0.87 0.84 0.91 3.47
’21 0.53 0.48 0.60 0.68 2.28
’20 0.35 0.26 0.60 0.16 1.37
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 22.51 30.90 42.11 50.91 70.83 188.67 155.01 135.41 151.68 54.36

Analyst estimates 2026–2028

Powerpack
High 47.19 47.51 66.41 112.33 223.26 354.62 318.98 250.39 251.50 228.98
People
People Employees 5,631 6,753 8,384 11,855 16,251 23,526 27,122 29,150 31,280 28,773
Revenue/emp, $m 0.06 0.06 0.06 0.06 0.05 0.06 0.07 0.07 0.08 0.09
Income, $m
Income, $m Revenue 323 413 522 659 814 1,297 1,780 2,096 2,416 2,455
Gross margin, % 40.72 36.35 39.01 38.55 37.38 38.16 37.60 36.06 35.74 35.00
EBT 50 39 67 69 77 125 193 198 210 139
EBT margin, % 15.55 9.32 12.92 10.47 9.40 9.63 10.83 9.45 8.71 5.67
Net income 36 30 52 54 54 96 149 159 169 104
Depreciation 11 16 21 39 48 80 108 140 163 188
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
Earnings 1.07 0.89 1.44 1.48 1.41 2.35 3.55 3.72 3.82 2.33
Cash flow 0.92 1.23 1.88 2.18 2.59 4.37 4.71 7.48 5.73 6.81
Capex (0.70) (0.79) (0.80) (0.87) (1.36) (1.87) (2.28) (2.97) (2.62) (2.02)
Free cash flow 0.22 0.44 1.08 1.31 1.23 2.51 2.43 4.51 3.11 4.79
Book value 6.06 7.54 9.45 11.99 22.85 31.96 37.11 42.15 46.85 48.87
Shares, m 34 35 36 37 39 41 42 43 43 44
Valuation, ×
Valuation, × P/E 30.83 50.13 39.11 23.86 153.68 134.80 47.46 61.92 56.13 28.06
P/S 3.52 3.81 3.85 1.18 10.29 9.91 3.98 4.68 3.85 1.18
P/B 5.44 5.98 5.96 1.77 9.52 9.83 4.55 5.46 4.58 1.34
EV/Sales 3.33 3.68 3.70 1.22 9.96 9.57 3.79 4.60 3.91 1.23
EV/FCF (46.15) 332.59 34.59 18.40 112.74 117.40 29.98 58.19 (111.07) 14.32
Cash, $m
Cash, $m Operating cash flow 31 43 67 80 100 179 198 319 249 301
Capex (24) (28) (29) (32) (53) (76) (95) (127) (114) (89)
Free cash flow 7 15 38 48 47 103 102 192 135 212
Balance, $m
Balance, $m Working capital 79 82 120 130 330 433 429 259 331 373
Total debt 19 25 — 51 26 12 4 159 293 367
Net debt (41) (36) (86) (31) (272) (448) (337) (164) 136 116
Shareholders’ equity 209 263 338 439 880 1,308 1,556 1,796 2,033 2,162
Returns, %
Returns, % ROA 14.13 9.51 13.01 9.60 5.49 6.05 7.30 6.44 5.64 3.18
ROIC 18.45 9.10 16.59 12.38 8.63 10.49 10.60 7.62 6.49 4.71
ROE 19.46 12.94 17.19 13.91 8.22 8.78 10.40 9.46 8.66 4.91
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
DXC DXC Technology Company. $2.2B 18.7× 14.8× −5.06% (below 0%: shrinking) +733.33% (above 0%: growing) +149.64% (above 0%: growing) 20.37% 0.53% Compare
INOD Innodata Inc $2.0B 36.9× 94.5× +57.80% (above 0%: growing) +86.96% (above 0%: growing) +4,885.72% (above 0%: growing) 46.08% 17.21% Compare
PONY Pony AI Inc. - Sponsored ADR $1.8B — (loss-making) — (loss-making) +68.82% (above 0%: growing) n/m −73.21% (below 0%: shrinking) 17.53% (181.51%) Compare
FORTY Formula Systems (1985) Ltd. $1.8B 2.7× 13.9× +29.82% (above 0%: growing) +55.10% (above 0%: growing) +1,330.84% (above 0%: growing) 20.25% 9.16% Compare
GLOB Globant S.A. $1.7B 15.3× 10.6× +0.04% (above 0%: growing) n/m +476.16% (above 0%: growing) 33.89% 3.23%
CNXC Concentrix Corporation $1.7B — (loss-making) 7.0× −1.19% (below 0%: shrinking) n/m +38.49% (above 0%: growing) 34.60% (37.10%) Compare
EFOR Everforth Inc. $1.6B 19.7× 14.3× −1.33% (below 0%: shrinking) −47.76% (below 0%: shrinking) −60.02% (below 0%: shrinking) 28.26% 4.08% Compare
KEEL Keel Infrastructure Corp $1.6B — (loss-making) — (loss-making) −50.04% (below 0%: shrinking) n/m −772.56% (below 0%: shrinking) (285.09%) (462.62%) Compare
MGRT Mega Fortune Company Limited $1.4B — — — — — — — Compare
Median of peers $1.7B 19.2× 14.3× −1.19% +71.03% +38.49% 20.37% 0.53%

All 73 Information Technology Services stocks →

Globant S.A. (GLOB) key facts

  • Strength: Globant S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 1.62% from fiscal 2024.
  • Globant S.A. (GLOB) is an Information Technology Services company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, GLOB traded at $39.37, a market capitalization of $1.7 billion.
  • Return on equity was 4.91% and debt-to-equity 0.19.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 2.95 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Globant S.A. (GLOB) Latest News

stockrow.com/GLOB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com