Globant SA (GLOB)
NYSE:GLOB
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Earnings Data
Report Date
Aug 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.51Last Year’s EPS
1.53Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational execution with a number of concrete positive indicators: revenue beat, positive free cash flow (first Q1 FCF since 2019), growing high-quality AI Pods pipeline ($352M) and expanding traction with top clients and partnerships. Profitability remained solid with adjusted operating margin of 14.1% and gross margin of 37%, and capital allocation was shareholder-friendly via a new $125M buyback. Key risks include a slight YoY revenue decline in Q1 (-0.7%), FX and Latin America currency pressures on margins, limited current revenue contribution from AI Pods (early-stage), and geopolitical/airline-related macro uncertainty—factors that explain management’s conservative posture on guidance despite the beat. Overall, positive momentum in AI-native services and a healthy pipeline outweigh the near-term macro and FX headwinds.Company Guidance
Revenue Beat and Guidance Narrowing
Q1 2026 revenue of $607.1 million came in above the high end of guidance. Management reaffirmed the midpoint of the full-year revenue outlook while raising the lower end of the range and narrowing guidance, and expects Q2 to return to sequential growth (Q2 guidance $610M–$616M). Full-year revenue guidance: $2.462B–$2.508B, implying 0.3%–2.2% YoY growth.
Strong Free Cash Flow and Balance Sheet
Generated $36.1 million of free cash flow in Q1 2026 (first positive Q1 FCF since 2019) with free cash flow to adjusted net income >55% versus negative $5.7 million FCF in Q1 2025. Cash and short-term investments: $200.5 million; net debt: $161.2 million.
AI Pods Traction and High-Quality Pipeline
AI Pods annual recurring revenue run-rate reached $32.8 million as of March with strong growth versus Q4. AI Pods pipeline stands at $352 million with a clear path to coverage in 70% of the top 20 clients. AI Pods are already deployed in 40% of the top 20 accounts (up from 30% last quarter).
Top Accounts Outperformance and Revenue per Employee
Top client performance materially above company average: Top 50 clients grew 5.2% YoY, top 10 grew 4.0% YoY, and the 2–5 cohort grew 8.2% YoY. Revenue per Globant (run-rate) north of $90,000, representing +8% YoY, reflecting higher-value, AI-led delivery.
Healthy Profitability Metrics
Q1 adjusted gross profit margin was 37% and adjusted operating margin was 14.1%. Adjusted net income was $65.2 million (10.7% margin). Q1 adjusted diluted EPS of $1.50 beat the midpoint of guidance. Full-year adjusted operating margin guidance reiterated at 14%–15% and adjusted diluted EPS guidance of $6.10–$6.50.
Capital Return and Share Repurchase Program
Completed prior repurchase program and repurchased $50 million in Q1. Board authorized a new repurchase program of up to $125 million over the next six quarters (management discretion, representing ~7.5% of today's market cap and ~15% in aggregate between programs).
Market Positioning & Partnerships
Company positions itself as AI-native services leader with multi-cloud and model-independence focus (routing across 140+ models, token sovereignty). Strategic partnerships expanded with Google, AWS, NVIDIA, Microsoft and others; named Google Cloud Country Partner of the Year in Argentina for the fourth time.
Data & AI Studio Growth
Within digital studios, Data & AI is now the second-largest studio by revenue and is growing north of 25% YoY, while Engineering is growing in the mid-single digits—indicating a favorable mix shift toward higher-growth, higher-value services.
GLOB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GLOB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $34.08 | $38.91 | +14.17% |
Feb 26, 2026 | $46.87 | $49.76 | +6.17% |
Nov 13, 2025 | $62.84 | $61.07 | -2.82% |
Aug 14, 2025 | $78.12 | $66.46 | -14.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Globant SA (GLOB) report earnings?
Globant SA (GLOB) is schdueled to report earning on Aug 13, 2026, After Close (Confirmed).
What is Globant SA (GLOB) earnings time?
Globant SA (GLOB) earnings time is at Aug 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GLOB EPS forecast?
GLOB EPS forecast for the fiscal quarter 2026 (Q2) is 1.51.