Exlservice Holdings vs Globant
Globant is the larger business, with $2.45bn of revenue in fiscal 2025 against $2.09bn for Exlservice Holdings (1.2 times as much). Exlservice Holdings grew faster (13.6% against 1.6%). Exlservice Holdings kept more of each dollar of sales as profit: a net margin of 12.0% against 4.2%. Globant carries less debt relative to equity (17.5% against 32.7%).
| Latest fiscal year | Exlservice HoldingsEXLS, 2025 | GlobantGLOB, 2025 |
|---|---|---|
| Revenue | $2.09bn | $2.45bn |
| Revenue growth | 13.6% | 1.6% |
| Net income | $251m | $103m |
| Operating margin | 15.0% | 7.0% |
| Net margin | 12.0% | 4.2% |
| Return on equity | 27.2% | 5.1% |
| Free cash flow | $298m | $282m |
| Cash | $146m | $244m |
| Total debt | $299m | $367m |
| Debt to equity | 32.7% | 17.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $328m | $56.1m |
| Employees | 65,000 | — |
| Market value | $6.39bn | $2.08bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 61 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 14 sales | 1 buys, 3 sales |