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

Date	Revenue	Change
2023-12-31	$2.10B	17.73%
2022-12-31	$1.78B	37.25%
2021-12-31	$1.30B	59.32%
2020-12-31	$814.14M	23.48%
2019-12-31	$659.33M	26.23%
2018-12-31	$522.31M	26.33%
2017-12-31	$413.44M	28.06%
2016-12-31	$322.86M	27.21%
2015-12-31	$253.80M	27.15%
2014-12-31	$199.60M	26.07%
2013-12-31	$158.32M	22.88%
2012-12-31	$128.85M	43.05%
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

Date	Revenue	Change
2024-03-31	$571.08M	-1.66%
2023-12-31	$580.71M	6.50%
2023-09-30	$545.28M	9.60%
2023-06-30	$497.53M	5.32%
2023-03-31	$472.42M	-3.73%
2022-12-31	$490.72M	6.94%
2022-09-30	$458.88M	6.90%
2022-06-30	$429.26M	6.95%
2022-03-31	$401.38M	5.68%
2021-12-31	$379.82M	11.11%
2021-09-30	$341.83M	11.98%
2021-06-30	$305.26M	12.99%
2021-03-31	$270.17M	16.13%
2020-12-31	$232.64M	12.26%
2020-09-30	$207.22M	13.42%
2020-06-30	$182.71M	-4.63%
2020-03-31	$191.57M	3.94%
2019-12-31	$184.31M	7.57%
2019-09-30	$171.33M	8.76%
2019-06-30	$157.53M	7.79%
2019-03-31	$146.15M	4.29%
2018-12-31	$140.14M	4.14%
2018-09-30	$134.57M	5.22%
2018-06-30	$127.89M	6.83%
2018-03-31	$119.71M	3.71%
2017-12-31	$115.43M	5.25%
2017-09-30	$109.67M	10.13%
2017-06-30	$99.59M	12.22%
2017-03-31	$88.74M	1.71%
2016-12-31	$87.25M	5.96%
2016-09-30	$82.35M	3.03%
2016-06-30	$79.93M	9.00%
2016-03-31	$73.33M	2.46%
2015-12-31	$71.56M	6.62%
2015-09-30	$67.12M	10.75%
2015-06-30	$60.60M	11.18%
2015-03-31	$54.51M	-1.10%
2014-12-31	$55.12M	6.08%
2014-09-30	$51.96M	5.17%
2014-06-30	$49.40M	14.56%
2014-03-31	$43.13M	-6.73%
2013-12-31	$46.23M	14.54%
2013-09-30	$40.37M	8.02%
2013-06-30	$37.37M	8.79%
2013-03-31	$34.35M	16.82%
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

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ACN	Accenture	$64.90B	$16.47B
IBM	International Business Machines	$61.86B	$14.97B
CDW	CDW	$21.38B	$5.52B
CTSH	Cognizant Technology Solutions	$19.35B	$5.04B
INFY	Infosys	$18.56B	$4.57B
CACI	CACI	$7.66B	$2.06B
CNXC	Concentrix	$7.11B	$2.39B
BR	Broadridge Financial Solutions	$6.51B	$1.42B
EPAM	EPAM Systems	$4.69B	$1.17B
G	Genpact	$4.48B	$1.21B
ASGN	ASGN	$4.45B	$1.03B
CLVT	Clarivate	$2.63B	$622.20M
TTEC	TTEC	$2.46B	$529.43M
JKHY	Jack Henry & Associates	$2.20B	$600.98M
GLOB	Globant	$2.10B	$571.08M
EXLS	ExlService	$1.63B	$472.07M
WNS	WNS	$1.32B	$322.60M
TASK	TaskUs	$924.37M	-

GLOB Revenue FAQ

What is Globant’s yearly revenue?

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.

What is Globant’s quarterly revenue?

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).

What is Globant’s revenue growth rate?

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%.