GLOB on NYSE

Globant

Logo: Globant, CC BY-SA 4.0, via Wikimedia Commons4

Argentine IT company

Globant is an IT and software development company operating internationally. It was formed in 2003 by Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

$2.5BRevenue, fiscal 20255
$104.0MNet income, fiscal 20255
2003Founded1

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  • TickerGLOB on NYSE1
  • Industrysoftware development1
  • HeadquartersBuenos Aires1
  • Websitewww.globant.com
  • Incorporated inSpain6
  • Business address37A Avenue J.F. Kennedy, N/A, N4 L-18556
  • Filer categoryLarge accelerated filer6
Collision 2023, Toronto-Day1-0869 - Globant (53035602139)
Photo: Collision Conf, CC BY 2.0, via Wikimedia Commons8

Globant is an IT and software development company operating internationally. It was formed in 2003 by Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti. It was founded in Buenos Aires, but later headquartered in Luxembourg. In the fourth quarter of 2025, Globant's geographic revenue breakdown was 53.8% from North America, 21.1% from Latin America, 19.3% from Europe and 5.8% from New Markets.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

35.0%Gross margin5
7.0%Operating margin5
4.2%Net margin5
1.6%Revenue growth, 20255
4.8%Return on equity5
0.16×Debt to equity5
$282.0MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue65¢$1.6B
  • Selling, general and admin26¢$629.3M
  • Other costs2¢$50.2M
  • Interest2¢$40.6M
  • Income tax1¢$35.2M
  • Profit4¢$104.0M

Out of $2.5B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending6¢$19.2M
  • Share buybacks19¢$56.1M
  • Kept or used elsewhere75¢$225.8M

Out of $301.2M of cash from operations.5

Financial statements

Revenue9101112135$2.5B in 2025+370% since 2018
0$1.0B$2.0B$3.0B2018: $522.3M$522.3M20182019: $659.3M$659.3M2019+26%2020: $814.1M$814.1M2020+23%2021: $1.3B$1.3B2021+59%2022: $1.8B$1.8B2022+37%2023: $2.1B$2.1B2023+18%2024: $2.4B$2.4B2024+15%2025: $2.5B$2.5B2025+2%
Gross profit9101112135$859.3M in 2025+322% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $203.8M$203.8M20182019: $254.2M$254.2M2019+25%2020: $304.3M$304.3M2020+20%2021: $495.0M$495.0M2021+63%2022: $669.4M$669.4M2022+35%2023: $755.8M$755.8M2023+13%2024: $863.4M$863.4M2024+14%2025: $859.3M$859.3M2025−0%
Operating income9101112135$171.7M in 2025+157% since 2018
0$100.0M$200.0M$300.0M2018: $66.8M$66.8M20182019: $80.7M$80.7M2019+21%2020: $83.9M$83.9M2020+4%2021: $144.4M$144.4M2021+72%2022: $206.7M$206.7M2022+43%2023: $199.0M$199.0M2023−4%2024: $225.4M$225.4M2024+13%2025: $171.7M$171.7M2025−24%
Net income9101112135$104.0M in 2025+101% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $51.6M$51.6M20182019: $54.0M$54.0M2019+5%2020: $54.2M$54.2M2020+0%2021: $96.4M$96.4M2021+78%2022: $149.5M$149.5M2022+55%2023: $158.5M$158.5M2023+6%2024: $169.0M$169.0M2024+7%2025: $104.0M$104.0M2025−38%
Fiscal year20182019202020212022202320242025
Revenue$522.3M9$659.3M10$814.1M11$1.3B12$1.8B13$2.1B5$2.4B5$2.5B5
Cost of revenue$802.1M12$1.1B13$1.3B5$1.6B5$1.6B5
Gross profit$203.8M9$254.2M10$304.3M11$495.0M12$669.4M13$755.8M5$863.4M5$859.3M5
Selling, general and admin$343.0M12$456.3M13$537.1M5$633.0M5$629.3M5
Operating income$66.8M9$80.7M10$83.9M11$144.4M12$206.7M13$199.0M5$225.4M5$171.7M5
Interest$12.7M12$16.6M13$23.8M5$32.2M5$40.6M5
Income before tax$124.9M12$192.9M13$198.0M5$210.4M5$139.1M5
Income tax$28.5M12$43.4M13$39.5M5$41.4M5$35.2M5
Net income$51.6M9$54.0M10$54.2M11$96.4M12$149.5M13$158.5M5$169.0M5$104.0M5
Earnings per share$1.459$1.4810$1.4111$2.3512$3.5513$3.725$3.825$2.335
Earnings per share (diluted)$1.419$1.4310$1.3711$2.2812$3.4713$3.645$3.725$2.295
Shares (weighted, basic)40.9M shares1241.9M shares1342.6M shares543.4M shares544.2M shares5
Shares (weighted, diluted)42.1M shares1242.9M shares1343.6M shares544.6M shares545.0M shares5

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The story

In 2003, Globant started operations with four founders. By 2008 its turnover was $40m per annum. IDC pointed Globant as one of the growing companies in Latin America. In the same year, Globant acquired Accendra, an Argentine software company with 100 employees, adding operations in Chile and Colombia. In December 2008, Globant closed its third financing round of US$13MM with Riverwood Capital and FTV Capital. It also acquired Openware, an Argentine company specialized in Security & Infrastructure Management.

In 2011, Globant acquired San Francisco-based Nextive, a company specializing in the development of mobile applications and Globant's story with Google was showcased by Bloomberg. In 2012, Globant acquired Brazil-based TerraForum, a company specialized in Innovation and Knowledge Management Consulting, Digital Marketing & Social Media and Software Development.

In 2013, WPP acquired a minority stake in Globant. Globant also acquired 86.25% of Huddle Group, a software company with operations in United States, Argentina and Chile. In 2014, the company was listed on the New York Stock Exchange. Globant was tohave made a Google Play-like dedicated hardware store for Project Ara but it was cancelled the following year. In 2015, Globant acquired Clarice Technologies and expanded its presence in Asia.

In 2017, Globant acquired PointSource, a design and development tech agency specialized in providing digital transformation services across retail, supply chain and insurance industries. Globant acquired another company, Ratio, a leading digital services company specialized on video streaming services.

In 2019, Certified Collectibles Group, a collectibles company in Sarasota, Florida, filed a lawsuit in federal court against Globant. The lawsuit is seeking tens of millions of dollars in damages caused by Globant's alleged misconduct in regards to the creation of a new operating system for the collectibles company. In the same year, Globant acquired Belatrix Software, a product development company. In the same year Globant began an annual "Women that Build" awards to reward "game-changing women in the STEAM industries".

In January 2020, Globant acquires BiLive (Argentina). Later in the year, Globant acquired grupoAssa (Argentina), Xappia, Giant Monkey Robot "GMR" and BlueCap (Spain) companies. In 2021, Globant acquired CloudShift (United Kingdom). Habitant, a European consulting firm, the Spanish firm Walmeric and in October, it opened its development center in San Jose, Costa Rica. In May 2023, Globant acquired Pentalog, a digital transformation services company.

Since early 2024, Globant has sponsored Franco Colapinto in his transition to Formula 2, and starting in August, in his entry into Formula 1.

From Wikipedia’s article on Globant, shared under CC BY-SA 4.0.7

Leadership

Who has led Globant, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (12)

Timeline

  1. Mar 18, 2026New chief executive Martin Migoya becomes CEO16
  2. 2003Founded Founded1

Filings

165 filings to the SEC since October 2021: 5 annual reports, 30 insider forms, 42 large holders, 88 other. The latest 20:

  1. Oct 7, 2026SCHEDULE 13G/A EDGAR
  2. Sep 3, 2026144 EDGAR
  3. Sep 3, 20264 EDGAR
  4. Sep 2, 20264 EDGAR
  5. Sep 2, 20264 EDGAR
  6. Sep 2, 20264 EDGAR
  7. Sep 2, 20264 EDGAR
  8. Sep 2, 20264 EDGAR
  9. Sep 2, 20264 EDGAR
  10. Sep 2, 2026SCHEDULE 13G/A EDGAR
  11. Aug 28, 20264 EDGAR
  12. Aug 28, 20264 EDGAR
  13. Aug 28, 2026144 EDGAR
  14. Aug 28, 2026144 EDGAR
  15. Aug 20, 20266-K EDGAR
  16. Aug 14, 2026SCHEDULE 13G EDGAR
  17. Aug 13, 2026SCHEDULE 13G/A EDGAR
  18. Aug 13, 20266-K EDGAR
  19. Aug 13, 2026SCHEDULE 13G/A EDGAR
  20. Jul 28, 2026SCHEDULE 13G EDGAR

The 165 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 1 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 3, 2026Matzkin FernandoChief Revenue OfficerSale2,500$40.00$100.0KForm 4
Aug 28, 2026Tartara DiegoChief Technology OfficerSale6,000$40.45$242.7KForm 4
Aug 28, 2026Weigert WandaChief Brand OfficerSale6,000$40.45$242.7KForm 4
May 27, 2026Aguzin Alejandro NicolasDirectorBuy25,000$38.87$971.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

The numbers on this page point here. Each one links to the record it came from.

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