Globant S.a. income statement
In fiscal 2025, Globant S.a. reported revenue of $2.45bn, up 1.6% on the year before, operating income of $172m (a 7.0% margin) and net income of $103m, or $2.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 254 | 323 | 413 | 522 | 659 | 814 | 1,297 | 1,780 | 2,096 | 2,416 | 2,455 |
| Cost of revenue | 160 | 191 | 263 | 319 | 405 | 510 | 802 | 1,111 | 1,340 | 1,552 | 1,596 |
| Gross profit | 94 | 131 | 150 | 204 | 254 | 304 | 495 | 669 | 756 | 863 | 859 |
| Operating income | 24 | 50 | 33 | 67 | 81 | 84 | 144 | 207 | 199 | 225 | 172 |
| Interest expense | 0 | 0 | 0 | 0 | 5 | 7 | 6 | 9 | 10 | 19 | 28 |
| Income before tax | 50 | 50 | 39 | 67 | 69 | 77 | 125 | 193 | 198 | 210 | 139 |
| Income tax | 18 | 14 | 8 | 16 | 15 | 22 | 28 | 43 | 40 | 41 | 35 |
| Net income | 32 | 36 | 31 | 52 | 54 | 54 | 96 | 149 | 159 | 166 | 103 |
| Diluted EPS | $0.90 | $1.01 | $0.84 | $1.41 | $1.43 | $1.37 | $2.28 | $3.47 | $3.64 | $3.72 | $2.29 |
| Diluted shares (average) | 35m | 35m | 36m | 37m | 38m | 40m | 42m | 43m | 44m | 45m | 45m |
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