Globant (GLOB) Revenue & Revenue Breakdown
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 | $64.11B | $16.47B |
| IBM | International Business Machines | $61.86B | $15.77B |
| CDW | CDW | $21.38B | $5.42B |
| CTSH | Cognizant Technology Solutions | $19.35B | $4.85B |
| FISV | Fiserv | $19.09B | $5.11B |
| INFY | Infosys | $18.56B | $4.57B |
| CACI | CACI | $7.66B | $1.94B |
| CNXC | Concentrix | $7.11B | $2.38B |
| BR | Broadridge Financial Solutions | $6.51B | $1.73B |
| EPAM | EPAM Systems | $4.69B | $1.15B |
| G | Genpact | $4.48B | $1.18B |
| ASGN | ASGN | $4.45B | $1.03B |
| CLVT | Clarivate | $2.63B | $650.30M |
| TTEC | TTEC | $2.46B | $534.09M |
| JKHY | Jack Henry & Associates | $2.20B | $537.72M |
| GLOB | Globant | $2.10B | $571.08M |
| EXLS | ExlService | $1.63B | $448.37M |
| WNS | WNS | $1.32B | $323.10M |
| 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%.