Globant Expects Q3 Revenue of $615M, Focusing on Digital Journeys and Comprehensive Approach.

Globant S.A. is a digitally native technology services company with its principal operating subsidiary based in Buenos Aires, Argentina. The company expects Q3 revenue of $615.0M. Globant builds digital journeys that consist of different software products, including mobile apps, Web apps, sensors, and other software and hardware appliances. The company delivers digital journeys with a comprehensive approach that includes Stay Relevant, Discover, and Build.

Luxembourg, Aug. 14, 2025 — Globant (NYSE: GLOB) has reported its financial results for the second quarter of 2025, highlighting resilience and operational discipline in a dynamic market. The company's revenue for the period ended June 30, 2025, was $614.2 million, representing a 4.5% year-over-year growth [1]. The adjusted operating margin stood at 15.0%, and the adjusted diluted EPS was $1.53.

Globant's CEO and co-founder, Martín Migoya, emphasized the company's strategic investments and bold moves to align with its new business model. The company's pipeline reached an all-time high of $3.7 billion, up 25% year-over-year, reflecting strong demand for its differentiated offering. The AI Pods, subscription model, AI Studios, and Globant Enterprise AI platform are key drivers of this growth, positioning Globant as a full-stack AI company.

Juan Urthiague, Globant's CFO, noted the execution of a Business Optimization Plan, which included a one-time charge of $47.6 million. This initiative aims to enhance near-term profitability and strategically allocate resources for the company's AI Pods, subscription model, and Globant Enterprise AI.

Revenue breakdown for the second quarter of 2025 was as follows: 54.1% from North America, 19.7% from Latin America, 19.6% from Europe, and 6.6% from New Markets. The top countries contributing to revenue were the US, Argentina, Spain, and Saudi Arabia.

Globant completed the second quarter with 30,084 employees, 28,097 of whom were technology, design, and innovation professionals. The company served 981 customers (with revenues over $100,000 in the last twelve months), with 339 accounts generating more than $1 million of annual revenues.

For the third quarter and the full year of 2025, Globant expects revenues of at least $615.0 million and $2,445.0 million, respectively, with year-over-year growth of 0.1% and 1.2%. The non-IFRS adjusted profit from operations margin is estimated to be at least 15.0% for both periods, while the non-IFRS adjusted diluted EPS is estimated to be at least $1.53 and $6.12 for the third quarter and the full year, respectively.

Globant's shareholder letter and earnings call details are available on the company's website.

References:
[1] https://www.prnewswire.com/news-releases/globant-reports-2025-second-quarter-financial-results-302530584.html