Globant (GLOB) Revenue & Revenue Breakdown


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Globant Revenue Highlights


Latest Revenue (Y)

$2.10B

Latest Revenue (Q)

$571.08M

Main Geography (Y)

North America1

Globant Revenue by Period


Globant Revenue by Year

DateRevenueChange
2023-12-31$2.10B17.73%
2022-12-31$1.78B37.25%
2021-12-31$1.30B59.32%
2020-12-31$814.14M23.48%
2019-12-31$659.33M26.23%
2018-12-31$522.31M26.33%
2017-12-31$413.44M28.06%
2016-12-31$322.86M27.21%
2015-12-31$253.80M27.15%
2014-12-31$199.60M26.07%
2013-12-31$158.32M22.88%
2012-12-31$128.85M43.05%
2011-12-31$90.07M-

Globant generated $2.10B in revenue during NA 2023, up 17.73% compared to the previous quarter, and up 401.28% compared to the same period a year ago.

Globant Revenue by Quarter

DateRevenueChange
2024-03-31$571.08M-1.66%
2023-12-31$580.71M6.50%
2023-09-30$545.28M9.60%
2023-06-30$497.53M5.32%
2023-03-31$472.42M-3.73%
2022-12-31$490.72M6.94%
2022-09-30$458.88M6.90%
2022-06-30$429.26M6.95%
2022-03-31$401.38M5.68%
2021-12-31$379.82M11.11%
2021-09-30$341.83M11.98%
2021-06-30$305.26M12.99%
2021-03-31$270.17M16.13%
2020-12-31$232.64M12.26%
2020-09-30$207.22M13.42%
2020-06-30$182.71M-4.63%
2020-03-31$191.57M3.94%
2019-12-31$184.31M7.57%
2019-09-30$171.33M8.76%
2019-06-30$157.53M7.79%
2019-03-31$146.15M4.29%
2018-12-31$140.14M4.14%
2018-09-30$134.57M5.22%
2018-06-30$127.89M6.83%
2018-03-31$119.71M3.71%
2017-12-31$115.43M5.25%
2017-09-30$109.67M10.13%
2017-06-30$99.59M12.22%
2017-03-31$88.74M1.71%
2016-12-31$87.25M5.96%
2016-09-30$82.35M3.03%
2016-06-30$79.93M9.00%
2016-03-31$73.33M2.46%
2015-12-31$71.56M6.62%
2015-09-30$67.12M10.75%
2015-06-30$60.60M11.18%
2015-03-31$54.51M-1.10%
2014-12-31$55.12M6.08%
2014-09-30$51.96M5.17%
2014-06-30$49.40M14.56%
2014-03-31$43.13M-6.73%
2013-12-31$46.23M14.54%
2013-09-30$40.37M8.02%
2013-06-30$37.37M8.79%
2013-03-31$34.35M16.82%
2012-06-30$29.41M-

Globant generated $571.08M in revenue during Q1 2024, up -1.66% compared to the previous quarter, and up 116.37% compared to the same period a year ago.

Globant Revenue Breakdown


Globant Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
HONG KONG$9.26M----
SWEDEN$3.51M----
SPAIN$148.47M$86.41M$94.46M$32.98M$26.13M
SINGAPORE$2.70M$2.60M---
SAUDI ARABIA$12.73M$4.19M---
ROMANIA$2.35M----
PUERTO RICO$2.26M$358.00K---
PERU$27.09M$25.13M$15.70M$11.65M$6.25M
PARAGUAY$988.00K$3.09M$2.82M--
PANAMA$5.61M$2.70M$744.00K$737.00K-
Other Latin American Countries$2.61M$1.78M$1.73M$1.75M$483.00K
Other European Countries$1.77M$2.92M$2.87M$2.08M$881.00K
Other Asian Countries$533.00K$2.54M$1.56M$341.00K$277.00K
North America1$1.25B$1.14B$830.90M$574.15M$496.35M
NETHERLANDS$5.67M$4.97M$3.60M$1.46M$2.72M
MEXICO$96.08M$75.44M$53.45M$25.93M$20.62M
MALTA$1.89M----
Latin America1$463.22M$408.35M$293.96M$169.86M$111.53M
LUXEMBOURG$1.79M$3.68M$4.78M$1.29M$937.00K
JAPAN$18.03M$11.74M$8.51M$5.34M$1.06M
ITALY$28.38M$9.32M---
IRELAND$3.69M$1.10M---
INDIA$20.06M$21.19M$10.44M$2.67M$2.16M
GERMANY$6.61M$5.84M$1.42M$939.00K$437.00K
FRANCE$25.85M$6.59M$2.60M$1.22M-
Europe1$323.55M$186.72M$151.30M$61.78M$46.78M
ECUADOR$2.57M$5.17M---
DOMINICAN REPUBLIC$7.07M$5.71M$3.79M--
DENMARK$668.00K$2.25M---
COLOMBIA$25.12M$19.21M$14.36M$13.30M$14.36M
CHILE$97.05M$115.49M$86.81M$50.71M$29.55M
CANADA$32.73M$38.90M$26.97M$15.62M$13.13M
BRAZIL$58.06M$31.06M$20.82M$11.98M$7.96M
BELGIUM$5.25M$5.58M$8.71M$2.92M-
Asia1$63.20M$50.02M$20.91M$8.35M$4.65M
AUSTRALIA$11.57M$3.01M$5.22M--
ARGENTINA$137.21M$120.58M$87.76M$53.67M$32.30M
AUSTRIA$2.25M----
URUGUAY$3.77M$2.99M$755.00K$144.00K$17.00K
UNITED STATES$1.21B$1.10B$803.93M$558.53M$483.23M
UNITED ARAB EMIRATES$1.05M$8.94M$401.00K--
SWITZERLAND$16.93M$8.86M$5.71M$1.78M-
INDONESIA----$1.16M

Globant's latest annual revenue breakdown by geography, as of Dec 23: North America1 (30.12%), UNITED STATES (29.28%), Latin America1 (11.20%), Europe1 (7.82%), SPAIN (3.59%), ARGENTINA (3.32%), CHILE (2.35%), MEXICO (2.32%), Asia1 (1.53%), BRAZIL (1.40%), CANADA (0.79%), ITALY (0.69%), PERU (0.65%), FRANCE (0.63%), COLOMBIA (0.61%), INDIA (0.48%), JAPAN (0.44%), SWITZERLAND (0.41%), SAUDI ARABIA (0.31%), AUSTRALIA (0.28%), HONG KONG (0.22%), DOMINICAN REPUBLIC (0.17%), GERMANY (0.16%), NETHERLANDS (0.14%), PANAMA (0.14%), BELGIUM (0.13%), URUGUAY (0.09%), IRELAND (0.09%), SWEDEN (0.08%), SINGAPORE (0.07%), Other Latin American Countries (0.06%), ECUADOR (0.06%), ROMANIA (0.06%), PUERTO RICO (0.05%), AUSTRIA (0.05%), MALTA (0.05%), LUXEMBOURG (0.04%), Other European Countries (0.04%), UNITED ARAB EMIRATES (0.03%), PARAGUAY (0.02%), DENMARK (0.02%), and Other Asian Countries (0.01%).

Globant Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ACNAccenture$64.90B$16.47B
IBMInternational Business Machines$61.86B$14.97B
CDWCDW$21.38B$5.52B
CTSHCognizant Technology Solutions$19.35B$5.04B
FISVFiserv$19.09B$5.21B
INFYInfosys$18.56B$4.57B
CACICACI$7.66B$2.06B
CNXCConcentrix$7.11B$2.39B
BRBroadridge Financial Solutions$6.51B$1.73B
EPAMEPAM Systems$4.69B$1.15B
GGenpact$4.48B$1.18B
ASGNASGN$4.45B$1.03B
CLVTClarivate$2.63B$650.30M
TTECTTEC$2.46B$534.09M
JKHYJack Henry & Associates$2.20B$537.72M
GLOBGlobant$2.10B$571.08M
EXLSExlService$1.63B$472.07M
WNSWNS$1.32B$322.60M
TASKTaskUs$924.37M-

GLOB Revenue FAQ


Globant's yearly revenue for 2023 was $2.1B, representing an increase of 17.73% compared to 2022. The company's yearly revenue for 2022 was $1.78B, representing an increase of 37.25% compared to 2021. GLOB's yearly revenue for 2021 was $1.3B, representing an increase of 59.32% compared to 2020.

Globant's quarterly revenue for Q1 2024 was $571.08M, a -1.66% decrease from the previous quarter (Q4 2023), and a 20.88% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $580.7M, a 6.50% increase from the previous quarter (Q3 2023), and a 18.34% increase year-over-year (Q4 2022). GLOB's quarterly revenue for Q3 2023 was $545.28M, a 9.60% increase from the previous quarter (Q2 2023), and a 18.83% increase year-over-year (Q3 2022).

Globant's revenue growth rate for the last 3 years (2021-2023) was 61.59%, and for the last 5 years (2019-2023) was 217.89%.