Globant S.A. is a global technology service provider specializing in engineering, innovation, and design at scale. The company facilitates digital transformations for its clients, integrating artificial intelligence deeply within industries to enhance business operations. Globant offers technology consultancy and digital solutions, serving a diverse range of industry verticals.
- Media and Entertainment - Provides technology solutions to enhance content creation, distribution, and user engagement for media companies.
- Consumer, Retail & Manufacturing - Delivers digital transformation services to improve customer experience and operational efficiency in consumer goods, retail, and manufacturing sectors.
- Banks, Financial Services & Insurance - Offers innovative technology solutions to streamline operations and enhance customer interactions in the financial services industry.
- Travel & Hospitality - Develops digital platforms and solutions to improve customer service and operational processes in the travel and hospitality sectors.
- Technology & Telecommunications - Provides advanced technology services to support innovation and infrastructure development in the tech and telecom industries.
- Professional Services - Delivers tailored digital solutions to enhance service delivery and operational efficiency for professional service firms.
- Health Care - Offers technology solutions to improve patient care and operational efficiency in the healthcare industry.
- Other Verticals - Provides specialized technology services to various other industries, adapting to unique business needs.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Guibert Andrés Englebienne ExecutiveBoard | President of Globant X, Globant Ventures, and Latin America | President of Endeavor Argentina | Co-founder of Globant (2003). Former CTO, now leads Globant X and Ventures, focusing on innovation and entrepreneurship. | View Report → |
Martín Migoya ExecutiveBoard | CEO and Chairman of the Board | Member of Young Presidents’ Organization; Board Member of Endeavor Argentina; Manager of Enigma.art LLC | Co-founder of Globant (2003), CEO since 2005. Recognized as an innovative entrepreneur and author of books on digital transformation and AI. | |
Diego Tártara Executive | Chief Technology Officer | None | Joined Globant in 2008. Oversees Globant's 38+ Studios and leads AI transformation initiatives. | |
Juan Ignacio Urthiague Executive | Chief Financial Officer | None | Joined Globant in 2011, CFO since 2018. Played a key role in Globant's global expansion and public listing. | |
Martín Gonzalo Umaran Executive | Chief Corporate Development Officer and President for EMEA | None | Co-founder of Globant (2003). Oversees mergers and acquisitions and leads Globant's EMEA operations. | |
Patricia Pomies Executive | Chief Operating Officer | None | Joined Globant in 2012. Former Chief Delivery Officer, now COO, focusing on operational strategy and gender equality initiatives. | |
Patricio Pablo Rojo Executive | General Counsel | None | General Counsel since 2021. Previously served as external counsel and held legal roles at Marval O'Farrel & Mairal. | |
Wanda Weigert Executive | Chief Brand Officer | None | Joined Globant in 2005. Leads global communications and branding strategies, including the Globant GUT Network. | |
Yanina Maria Conti Executive | Chief Accounting Officer | None | Joined Globant in 2013, CAO since 2017. Oversees accounting, payroll, and external audit functions. | |
Alejandro Nicolás Aguzín Board | Director | Director at MercadoLibre; Trustee at Asia Society and Eisenhower Fellowships; Member of Nature Conservancy Asia Pacific Council | Board member since 2024. Former CEO of Hong Kong Stock Exchange and J.P. Morgan executive with expertise in international finance. | |
Andrea Mayumi Petroni Merhy Board | Director | Managing Director at JPMorgan Chase; Former Board Member of JPMorgan Chase Bank (China) | Board member since 2022. Extensive experience in finance, risk management, and corporate strategy. | |
Andrew McLaughlin Board | Director | Co-Founder of Higher Ground Labs; Senior Advisor at Sandbox AQ; Co-Chair of Access Now; Board Member at Starknet Foundation | Board member since 2024. Former Deputy CTO of the U.S. and Director of Global Public Policy at Google. Extensive experience in technology and governance. | |
Francisco Álvarez-Demalde Board | Director | Co-Founder and Managing Partner of Riverwood Capital; Board Member at multiple tech companies | Board member since 2007. Co-founder of Riverwood Capital, with extensive experience in private equity and technology investments. | |
Linda Rottenberg Board | Lead Independent Director | CEO of Endeavor Global; President of Endeavor Catalyst Funds; Director at OLO and Pershing Square SPARC Holdings | Board member since 2017. Co-founder of Endeavor, supporting high-impact entrepreneurs globally. Author and public speaker. | |
Maria Pinelli Board | Director | Director at International Game Technology PLC and Archer Aviation; CEO of Strategic Growth Advisors | Board member since 2021. Former Global Vice Chair at EY, with expertise in IPOs and strategic growth. |
- Given the record pipeline of $3.3 billion by the end of the year, what specific challenges are causing the slower conversion into bookings, particularly in the U.S., and how do you plan to accelerate this conversion to drive revenue growth?
- Despite your stated optimism and the strong potential you see in AI-related services, your 2025 growth guidance remains similar to 2024; what are the key factors preventing this optimism from translating into higher revenue projections?
- With political and macroeconomic volatility impacting demand in Latin America, especially in Mexico and Brazil, how do these regional headwinds affect your overall growth targets, and what strategies are you implementing to mitigate these challenges?
- Considering that revenue from your largest client, Disney, is expected to decline slightly in Q1 after significant growth in H2 2024, how reliant is your business on this client, and what risks does this reliance pose to your future performance?
- Two of your top five clients are in the professional services sector, which has underperformed over the past three years; how are you addressing the impact of this underperformance on your top accounts, and what steps are you taking to diversify your client base across more robust sectors?
Research analysts who have asked questions during Globant SA earnings calls.
Divya Goyal
Scotiabank
4 questions for GLOB
Jonathan Lee
Guggenheim Partners
4 questions for GLOB
Sean Kennedy
Mizuho Securities
4 questions for GLOB
Bryan Bergin
TD Cowen
3 questions for GLOB
James Schneider
Goldman Sachs
3 questions for GLOB
Margaret Nolan
William Blair
3 questions for GLOB
Tien-tsin Huang
JPMorgan Chase & Co.
3 questions for GLOB
Arvind Ramnani
Piper Sandler
2 questions for GLOB
James Friedman
Susquehanna International Group
2 questions for GLOB
Leonardo Olmos
UBS Group AG
2 questions for GLOB
Surinder Thind
Jefferies Financial Group
2 questions for GLOB
Bryan Keane
Deutsche Bank
1 question for GLOB
Jason Kupferberg
Bank of America
1 question for GLOB
Maggie Nolan
William Blair & Company, L.L.C.
1 question for GLOB
Nate Svensson
Deutsche Bank
1 question for GLOB
Puneet Jain
JPMorgan Chase & Co.
1 question for GLOB
Thiago Kapulskis
Itaú BBA
1 question for GLOB
Zachary Ajzenman
TD Cowen
1 question for GLOB
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Pentalog | 2023 | Announced and completed in July 2023 by Globant, the deal expanded Globant’s geographic footprint by strengthening its operations in Europe and other markets such as France, Germany, and the United States, and by adding over 1,300 professionals—with a significant impact in Romania. The acquisition is expected to contribute around $33–35 million in 2023 revenues, integrate innovative delivery models across Globant’s operations, and support cross-selling opportunities to clients like Adidas and TripAdvisor. |
Recent press releases and 8-K filings for GLOB.
- Globant reported Q2 2025 revenue of $614.2 million, representing 4.5% year-over-year growth, with a non-IFRS adjusted operating margin of 15% and diluted EPS of $1.53.
- For full-year 2025, the company now expects revenue of at least $2,445 million (implying 1.2% year-over-year growth), a non-IFRS adjusted operating margin of at least 15%, and diluted EPS of at least $6.12.
- Globant executed a business optimization plan in Q2 2025, which included a reduction of approximately 1,000 employees (3% of its workforce) and resulted in a one-time charge of $47.6 million, with an expectation to generate $80 million in annualized savings.
- The company's new AI Pods subscription model, launched in Q2, has already attracted 18 clients and contributes significantly to pipeline growth, offering better margins than traditional projects.
- SecureTech Innovations, Inc. (SCTH) has appointed Craft Capital Management, LLC as its exclusive investment banking partner.
- The engagement focuses on capital formation, a bridge financing round, and a planned uplisting to a national securities exchange such as the NYSE or NASDAQ.
- Craft Capital will also support strategic acquisitions and business development, building on SecureTech's recent acquisition of AI UltraProd.
- Globant announced a major upgrade to its proprietary AI platform, Globant Enterprise AI (GEAI), which now supports Model Context Protocol (MCP) and Agent2Agent (A2A) Protocol, enhancing interoperability and enabling seamless integration of agents and tools from other frameworks.
- This upgrade allows GEAI agents to interact with external environments such as Salesforce's Agentforce, Google Cloud Platform, Azure AI Foundry, and Amazon Bedrock, bridging previously siloed frameworks.
- Organizations utilizing GEAI have reported significant benefits, including an 80% reduction in legacy system modernization times and a 50% reduction in software development costs.
- This update positions Globant at the forefront of next-generation enterprise AI infrastructure, offering new levels of automation and integration with real-time web search and access to cutting-edge AI models.
- On June 18, 2025, Globant LLC entered Amendment No. 1 to its Fourth Amended and Restated Credit Agreement, adding a $375 million term-loan tranche to replace its existing revolving credit facility, with a May 30, 2028 maturity date.
- Interest on the new term loans accrues at SOFR + 1.25%–1.875% or Alternate Base Rate + 0.25%–0.875%, with applicable margin and commitment fees determined quarterly based on the Borrower’s Maximum Net Leverage Ratio.
- The obligations are guaranteed by Globant S.A. and certain subsidiaries and secured by substantially all assets of the borrower and subsidiary guarantor, and the facility remains subject to quarterly financial covenants: minimum interest coverage of 3.00:1.00 and maximum net leverage of 3.50:1.00.
- Globant launched FUSION, a suite of AI Agents for full-funnel marketing, communications, and advertising powered by Globant Enterprise AI.
- The solution runs on Globant's subscription-based AI Pods model, enabling clients to scale AI services based on demand and pay for actual complexity and volume.
- FUSION includes AI-driven modules for digital ads, content generation, image creation, video production, and dynamic landing pages.
- Early client engagements report a 23% increase in click-through rates, 4× more assets created, 6× faster adaptations, and 3× reduction in production time.
- Q1 2025 Financial Performance: Revenues reached $611.1M with 7.0% YoY growth, IFRS diluted EPS of $0.68 and non-IFRS EPS of $1.50 .
- Profitability Highlights: Reported adjusted gross profit of $289M, with an adjusted net income of approximately $68M, supported by a 38% gross margin and 14.8% operating margin .
- Forward Guidance: Projects Q2 revenues of at least $612.0M and FY 2025 revenues of at least $2.464B, driven by CapEx optimization and improved cash generation .
- Growth Strategy & Innovation: Focus on expanding high-value, multi-million dollar accounts, pursuing strategic tuck-in acquisitions under the 1002 strategy, and launching a new AI subscription model to enhance client engagement .
- Revenue Diversification: Achieved 8.6% constant currency growth and maintained a diversified revenue mix with 55.5% from North America .
- Cautionary Forward-Looking Disclosure: Includes reminders regarding potential risks and uncertainties in future financial and operating performance .
- Operational Strength: Supported by a robust workforce of 31,102 Globers, including 29,022 IT professionals .
- Globant has entered into a strategic partner agreement with Google Cloud to drive AI and cloud transformations, focusing on industries such as Media & Entertainment, Retail, Healthcare, and Finance & Banking.
- The collaboration leverages Google Cloud’s advanced AI tools to address challenges like scalability and siloed data, enhancing operational efficiencies and customer experiences.