GLOBNYSEServices-Computer Processing & Data Preparation
Globant S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 27, 2026
$40.14+0.58 (+1.47%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 17.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
35.0%−2.4 pts over 5 years
Operating margin
7.0%−3.3 pts over 5 years
Net margin
4.2%−2.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.6% | +11.3% | +24.7% | +25.5% | |
| Gross profit | -0.5% | +8.7% | +23.1% | +24.8% | |
| Operating income | -23.8% | -6.0% | +15.4% | +21.9% | |
| Net income | -37.9% | -11.6% | +13.7% | +12.5% | |
| EPS, diluted | -38.4% | -12.9% | +10.8% | +9.8% | |
| Free cash flow | +27.6% | +23.3% | +31.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 5.1% | |
| Return on assets | – | 5.5% | 3.2% | |
| Current ratio | 2.43 | 2.60 | 1.64 | |
| Debt to equity | – | 0.03 | 0.18 | |
| Interest coverage | 2.6× | 8.0× | 4.2× | |
| Capex to revenue | 5.5% | 3.6% | 0.8% | |
| Diluted shares | 35M | 40M | 45M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Globant generated $1.24B from operations and spent $276.79M on capital expenditure, dividends and share buybacks. 66% of that went back into the business.
Generated
$1.24B
Used
$276.79M
Capital expenditure$181.90M66%Dividends$00%Share buybacks$94.90M34%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.2%
×Asset turnover0.76×
×Equity multiplier1.59×
=Return on equity, FY20255.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.2% | 0.76× | 1.59× | 5.1% |
| FY2024 | 6.9% | 0.82× | 1.59× | 9.0% |
| FY2023 | 7.6% | 0.85× | 1.52× | 9.8% |
| FY2022 | 8.4% | 0.87× | 1.45× | 10.6% |
| FY2021 | 7.4% | 0.82× | 1.45× | 8.8% |
| FY2018 | 9.9% | 1.32× | 1.32× | 17.2% |
| FY2017 | 7.4% | 1.29× | 1.36× | 12.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$102.92M
- Cash generatingOperating cash flow above zero$301.18M
- Return on assets improvedROA up on the prior year6.1% → 3.3%
- Earnings backed by cashOperating cash flow above net income$301.18M vs $102.92M
- Less leverageLong-term debt to assets fell9.2% → 10.5%
- Better liquidityCurrent ratio rose1.65 → 1.64
- No dilutionShare count did not rise45M → 45M
- Gross margin improvedGross margin up on the prior year35.74% → 35.00%
- More efficientAsset turnover rose0.89 → 0.78