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Globant Valuation Multiples

Discover Globant's revenue and EBITDA valuation multiples, acquisitions, and investment history, alongside public comparables like Digital China Information, MyEG, Al Moammar Information, ONE Technologies and more.

Globant Overview

About Globant

Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant’s client base is relatively concentrated in the media and entertainment and financial services industries.


Founded

2012

HQ

Argentina

Employees

31.3K

Financials (LTM)

Revenue: $2B
EBITDA: $501M

EV

$2B

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Globant Financials

Globant reported last 12-month revenue of $2B and EBITDA of $501M.

In the same LTM period, Globant generated $891M in gross profit, $501M in EBITDA, and $276M in net income.

Revenue (LTM)


Globant P&L

In the most recent fiscal year, Globant reported revenue of $2B and EBITDA of $517M.

Globant is profitable as of last fiscal year, with gross margin of 35%, EBITDA margin of 21%, and net margin of 11%.

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LTMLast FY202320242025202620272028
Revenue$2B$2B$2B$2B$2B
Gross Profit$891M$859M$756M$863M$859M
Gross Margin36%35%36%36%35%
EBITDA$501M$517M$358M$402M$364M
EBITDA Margin20%21%17%17%15%
EBIT Margin15%15%10%10%9%
Net Profit$276M$276M$159M$166M$103M
Net Margin11%11%8%7%4%
Net Debt-$123M---

Financial data powered by Morningstar, Inc.

Globant Stock Performance

Globant has current market cap of $2B, and enterprise value of $2B.

Market Cap Evolution


Globant's stock price is $37.49.

Globant share price decreased by 7.1% in the last 30 days, and by 58.7% in the last year.

Globant has an EPS (earnings per share) of $6.40.

See more trading valuation data for Globant
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2B$2B0.0%-7.1%-18.7%-58.7%$6.40

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Globant Valuation Multiples

Globant trades at 0.8x EV/Revenue multiple, and 3.7x EV/EBITDA.

See NTM and 2027E valuation multiples for Globant

EV / Revenue (LTM)


Globant Financial Valuation Multiples

As of June 15, 2026, Globant has market cap of $2B and EV of $2B.

Globant has a P/E ratio of 5.9x.

LTMLast FY202320242025202620272028
EV/Revenue0.8x0.8x0.9x0.8x0.8x
EV/EBITDA3.7x3.6x5.2x4.7x5.1x
EV/EBIT5.1x5.0x8.6x8.1x8.1x
EV/Gross Profit2.1x2.2x2.5x2.2x2.2x
P/E5.9x5.9x10.2x9.8x15.7x
EV/FCF8.8x8.9x9.8x13.9x8.9x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Globant Valuation Multiples

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Globant Margins & Growth Rates

Globant grew revenue by 1% but EBITDA decreased by 7% in the last fiscal year.

In the most recent fiscal year, Globant reported gross margin of 35%, EBITDA margin of 21%, and net margin of 11%.

See estimated margins and future growth rates for Globant

Globant Margins

Last FY202420252026202720282029
Gross Margin35%36%35%36%
EBITDA Margin21%17%15%19%
EBIT Margin15%10%9%15%
Net Margin11%7%4%11%
FCF Margin9%6%9%10%

Globant Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth1%15%2%1%
Gross Profit Growth4%14%(0%)4%
EBITDA Growth(7%)12%(9%)33%
EBIT Growth(3%)7%(0%)57%
Net Profit Growth(0%)5%(38%)167%
FCF Growth15%(30%)57%15%

Data powered by FactSet, Inc. and Morningstar, Inc.

Globant Operational KPIs

Globant's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

Globant's Rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Globant's Rule of X is 22% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Globant
LTMLast FY202320242025202620272028
Rule of 4023%21%---
Bessemer Rule of X28%22%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue-1%1%1%1%
G&A Expenses to Revenue-18%18%19%18%
Opex to Revenue-26%26%26%26%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Globant Competitors

Globant competitors include Digital China Information, MyEG, Al Moammar Information, ONE Technologies, Fengzhushou, Kontron, Sesa, DXC Technology, Taiji Computer and Sinosoft.

Most Globant public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Digital China Information0.8x0.7x50.4x-
MyEG5.5x5.3x7.1x6.5x
Al Moammar Information5.4x-37.2x-
ONE Technologies1.0x-9.3x-
Fengzhushou5.6x-54.6x-
Kontron1.1x1.1x7.1x7.7x
Sesa0.4x0.4x5.8x5.3x
DXC Technology0.3x0.3x2.2x2.3x

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Globant VC Funding History

Before going public, Globant raised $73M in total equity funding, across 1 round.

Last private valuation of Globant was $350M, after raising $73M in January 2013 from WPP.


Globant Funding Rounds

DateStageRaised FromRaisedValuationRev. MultipleDeal Summary
Jan-13Undisclosed stageWPP$73M$350MGlobant is a Buenos Aires-based technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and trends, combining engineering rigor with creative design and digital capabilities. The company specializes in software development, data architecture, e-commerce applications, design, mobile development, and gaming technology, serving clients including Google, American Express, and LinkedIn with approximately 2,700 employees across six countries in Latin America, the United States, and beyond. In January 2013, WPP, the world's leading communications services group, acquired a 20% stake in Globant for $70 million, valuing the company at approximately $350 million according to WPP CEO Martin Sorrell. The investment closed on December 27, 2012, and was announced on January 2, 2013. Previous investors Riverwood Capital and FTV Capital, which had invested approximately $40 million combined, retained their equity stakes. This investment was part of WPP's broader strategy to grow through technology acquisitions and increase its digital revenues to 35-40% of total revenues by 2016. At the time of the investment, Globant reported net revenues of $90 million for the full year ended December 31, 2011, and $56.9 million for the six months ended June 30, 2012, with total assets of $69 million as of June 30, 2012. The company had been founded in 2003 by four Argentines with just $5,000 and had grown significantly through organic expansion and acquisitions, including the purchase of Brazilian technology company Terra Forum. Globant's core competencies included gamification, cloud computing, big data, social networks, and mobile development. The WPP investment represented a significant validation of Globant's technology and market positioning during a period of Latin American growth opportunity, with the region preparing to host major sporting events including the FIFA World Cup in 2014 and the 2016 Olympics in Rio de Janeiro. Following this investment, Globant continued its expansion trajectory and eventually became a public company when it listed on the NYSE in 2014.

Acquisitions by Globant

Globant has acquired 25 companies to date.

Last acquisition by Globant was on October 3rd 2024. Globant acquired Exusia for undisclosed valuation.

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Latest Acquisitions by Globant

Exusia
Blankfactor
Iteris Consultoria e Software
GUT
Description
Exusia is a data management consultancy serving public sector agencies and enterprises with petabyte-scale information challenges. Headquartered in Chantilly, Virginia, it implements solutions using Hadoop, Snowflake, and custom ETL pipelines for compliance, analytics, and migration projects.
Blankfactor is a tech consultancy firm assembling engineers and project managers for custom software development. It innovates solutions in web applications, mobile apps, and backend systems for clients seeking scalable digital transformations.
Iteris Consultoria e Software is a São Paulo-based IT services firm delivering custom web, mobile, and analytics solutions integrated with ERP and CRM systems. Supporting agile methodologies, it handles full software development lifecycles for clients in finance and retail across Brazil. With 20 years of operation, Iteris employs 200 engineers.
GUT is a Miami-headquartered creative advertising agency founded in 2009 serving bold brands with daring campaigns. The agency produces work for Burger King, Mastercard, Budweiser, and Corona, securing accolades at Cannes Lions, Clio Awards, and D&AD. Offices in New York, Los Angeles, Toronto, Sydney, and São Paulo drive strategies rooted in courage, intuition, and transparency, specializing in integrated digital, TV, and experiential activations.
HQ CountryUnited StatesUnited StatesBrazilUnited States
HQ City
Miami, FL
San Francisco, CA
São Paulo
Miami, FL
Deal Date3 Oct 202410 Sep 202428 Dec 202328 Nov 2023
Valuationundisclosedundisclosed$92Mundisclosed
EV/Revenue
EV/EBITDA

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Investments by Globant

Globant has invested in 10 companies to date.

Latest investment by Globant was on February 19th 2024. Globant invested in Avancargo in their $500K Pre-seed round (EV/Revenue multiple available to Pro users).

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Latest Investments by Globant

Avancargo
Vozy
Bunker DB
ping
Description
Avancargo runs a B2B platform connecting trucking carriers and shippers, offering improved availability, real-time traceability, integrated insurance, and technical support to simplify cargo transport transactions.
Vozy is a Medellín-based conversational AI platform for customer service automation. Launched in 2017, it deploys voice assistants in Spanish for telecoms like Claro Colombia and retail chains, handling self-service queries and live chats. Vozy's contextual NLP reduces call volumes by integrating with contact centers.
-
Ping is a voice-activated platform that reads incoming messages and emails aloud for hands-free use, particularly during driving. It delivers real-time feedback on driving behavior, operates in the background without disruption, and integrates with smart devices such as Amazon Echo and Google Home. The service enhances safety and productivity for mobile users via http://www.pingLOUD.com.
HQ CountryArgentinaColombiaUruguayUnited States
HQ City
Buenos Aires
Medellín
-
New York City, NY
Deal Date19 Feb 202411 Oct 202220 Sep 20229 Jun 2022
RoundPre-seedSeedSeedSeed
Raised$500K$4M$4M$5M
InvestorsGlobant; Puerto Asís InvestmentsAlan Rutledge; Arash Ferdowsi; Enlaces; Globant; GoHub Ventures; SaxeCap; Starling VenturesDraco Capital; GlobantAsh Creek Capital Advisors; Globant; Globant Ventures; Valor Siren Ventures
Valuationundisclosedundisclosedundisclosed$20M
EV/Revenue
EV/EBITDA

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About Globant

When was Globant founded?Globant was founded in 2012.
Where is Globant headquartered?Globant is headquartered in Argentina.
How many employees does Globant have?As of today, Globant has over 31K employees.
Who is the CEO of Globant?Globant's CEO is Martin Migoya.
Is Globant publicly listed?Yes, Globant is a public company listed on NYSE.
What is the stock symbol of Globant?Globant trades under GLOB ticker.
When did Globant go public?Globant went public in 2014.
Who are competitors of Globant?Globant main competitors include Digital China Information, MyEG, Al Moammar Information, ONE Technologies, Fengzhushou, Kontron, Sesa, DXC Technology, Taiji Computer, Sinosoft.
What is the current market cap of Globant?Globant's current market cap is $2B.
What is the current revenue of Globant?Globant's last 12 months revenue is $2B.
What is the current revenue growth of Globant?Globant revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Globant?Current revenue multiple of Globant is 0.8x.
What is the current EBITDA of Globant?Globant's last 12 months EBITDA is $501M.
What is Globant's EBITDA margin?Globant's last 12 months EBITDA margin is 20%.
What is the current EV/EBITDA multiple of Globant?Current EBITDA multiple of Globant is 3.7x.
What is the current FCF of Globant?Globant's last 12 months FCF is $213M.
What is Globant's FCF margin?Globant's last 12 months FCF margin is 9%.
What is the current EV/FCF multiple of Globant?Current FCF multiple of Globant is 8.8x.
How many companies Globant has acquired to date?As of June 2026, Globant has acquired 25 companies.
What was the largest acquisition by Globant?$130M acquisition of Bluecap on 18th December 2020 was the largest M&A Globant has done to date.
What companies Globant acquired?Globant acquired Bluecap, Iteris Consultoria e Software, CloudShift, Walmeric, Belatrix Software Factory, Grupo Assa, Avanxo, PointSource, Clarice Technologies, Habitant, and 15 other companies.
In how many companies Globant has invested to date?As of June 2026, Globant has invested in 10 companies.
In what companies Globant invested in?Globant invested in Digital House, VU, ping, Vozy, Bunker DB, Acamica, Collokia, Avancargo, B2Chat, and CamOn.

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