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Provides digital transformation and custom software engineering services for large global brands, rooted in Latin America.
Provides digital transformation and custom software engineering services for large global brands, rooted in Latin America.
Bills clients for engineering and design time, often in multi-year relationships with large companies, and recruits most of its staff in Latin America, which keeps costs lower than onshore peers. Founded in Argentina in 2003, it is incorporated in Luxembourg and trades in New York.
Moat: narrow (process know-how, customer qualification, scale). Reputation for design-led engineering and nearshore delivery scale versus smaller boutique studios.
Headquarters: Luxembourg · Founded: 2003 · Employees: 28,773
Size Globant (GLOB) is a United States Information Technology company (Information Technology Services) with a market value of $2.05B, the 1775th largest of 3,117 United States companies the cockpit tracks. Shares closed at $47.41 on 6 Nov 2026.
Performance Over six months the shares gained 20.9%, against -11.0% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 1.3% over the last twelve months (peer median +8.4%); the operating margin is 9.7% (peer median 9.6%).
Valuation It trades at 8.0× forward earnings against a peer median of 22.6× (2nd cheapest of 17).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is -26 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.1 points below its cost of capital (8.4% WACC).
Short interest Short interest is 19.7% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.45B | $2.45B | $2.42B | $2.10B | $1.78B |
| Revenue growth | — | +2% | +15% | +18% | — |
| Gross profit | $737M | $716M | $737M | $644M | $585M |
| EBITDA | $393M | $439M | $422M | $380M | $335M |
| Net income | $113M | $103M | $166M | $159M | $149M |
| Free cash flow | $318M | $261M | $209M | $269M | $148M |
| Capital expenditure | $9.04M | $89.5M | $114M | $127M | $95.4M |
| Total debt | $518M | $474M | $410M | $278M | $139M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Globant GLOB | $2.05B | +21% | -1% | 10% | 8.0× | -1.2% |
| EPAM Systems EPAM | $8.22B | +61% | +11% | 10% | 11.3× | 9.4% |
| Grid Dynamics GDYN | $1.05B | +88% | +7% | 4% | 21.8× | 27.8% |
| Accenture ACN | $154B | +44% | +6% | 15% | 17.8× | 3.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GLOB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +28.0% | -3.5% | highest of 21 |
| 6-month return | +20.9% | -11.0% | 4th highest of 21 |
| Distance from 52-week high | -34.2% | -32.4% | 10th lowest of 21 |
| Revenue growth (TTM) | -1.3% | +8.4% | 6th lowest of 21 |
| Operating margin | 9.7% | 9.6% | 11th highest of 21 |
| Forward P/E | 8.0× | 22.6× | 2nd cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | -1.2% | 9.8% | 5th least demanding of 13 |
| Growth delivered (Del g) | +24.7% | +6.4% | highest of 13 |
| Hurdle (Req g minus delivered) | -25.9 pp | -1.0 pp | 2nd least demanding of 13 |
| ROIC minus cost of capital | -1.1 pp | +4.7 pp | 7th lowest of 18 |
| EV / EBITDA | 6.2× | 11.7× | 4th cheapest of 9 |
| Net debt / EBITDA | 0.9× | 1.2× | 5th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Globant GLOB | United States | $2.05B | +21% | -1% | 10% | 8.0× | -1.2% | +24.7% |
| Beijing Teamsun Technology 600410.SS | China | $2.09B | -42% | +19% | -9% | n/a | 26.0% | +3.6% |
| PC Connection CNXN | United States | $2.00B | +19% | +10% | 4% | 16.6× | n/a | n/a |
| Atea ATEA.OL | Norway | $1.99B | +6% | +12% | 4% | 16.4× | -5.0% | -1.1% |
| Glodon 002410.SZ | China | $2.15B | -21% | -4% | 8% | 31.6× | 5.4% | +8.8% |
| GMO Internet 9449.T | Japan | $1.94B | -4% | +6% | 21% | 13.4× | n/a | n/a |
| Kainos KNOS.L | United Kingdom | $1.92B | +57% | +17% | 11% | 23.2× | 21.7% | +12.9% |
| Computer Age Management Services CAMS.NS | India | $1.87B | -15% | +9% | 39% | 32.3× | n/a | n/a |
| Posco Dx 022100.KS | South Korea | $2.24B | -43% | -15% | 3% | 69.6× | 34.8% | +2.2% |
| Hand Enterprise Solutions 300170.SZ | China | $2.24B | -26% | +7% | 6% | 48.8× | 27.4% | +6.5% |
| Tieto TIETO.HE | Finland | $2.26B | -5% | -17% | 20% | 10.4× | -6.4% | -7.8% |
| Concentrix CNXC | United States | $1.85B | +25% | +3% | 8% | 2.6× | -11.9% | +15.8% |
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | n/a | n/a | n/a |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 22.0× | 16.7% | +5.2% |
| CETC Cyberspace Security Technology 002268.SZ | China | $1.77B | -11% | -3% | 1% | 45.0× | n/a | n/a |
| Formula Systems (1985) Ltd. Sponsored ADR FORTY | United States | $1.75B | -26% | +1% | 8% | n/a | -3.4% | +6.3% |
| HMS Networks HMS.ST | Sweden | $2.41B | -17% | +15% | 27% | 31.9× | 14.3% | +19.5% |
| OVH Groupe OVH.PA | France | $2.41B | +17% | +6% | 38% | 46.6× | n/a | n/a |
| Beijing Ultrapower Software 300002.SZ | China | $2.43B | -14% | +9% | 15% | 20.4× | 4.2% | +10.2% |
| Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang 300469.SZ | China | $1.72B | -18% | -15% | -102% | n/a | n/a | n/a |
| Netcompany Group A/S NETC.CO | Denmark | $2.44B | +1% | +30% | 11% | 20.4× | n/a | n/a |