NYSE$GLOB

Globant SA · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Globant reported Q2 2026 revenue of $614.4 million, essentially flat year-over-year, with improved IFRS net income and strong free cash flow.

Globant SA announced results for the three months ended June 30, 2026, showing revenue of $614.4 million, IFRS diluted EPS of $0.04, and non-IFRS adjusted diluted EPS of $1.40. The company highlighted record first-half free cash flow, growth in Glob.AI ARR to $52.8 million, and a headcount of 27,411. Margins declined slightly year-over-year amid business optimization efforts.

  • Revenue reached $614.4 million, unchanged from Q2 2025.
  • IFRS net income was $3.6 million ($0.04 diluted EPS) vs. a loss last year; adjusted EPS $1.40.
  • Free cash flow of $12.6 million in Q2, with record H1 performance.
  • Glob.AI ARR grew 61% QoQ to $52.8 million; full-year exit target raised to at least $110 million.

Headline financials

Total Revenue

$614M

Previous: $614M+0.0%
EPS (adj)

$1.40

Previous: $1.53-8.5%
IFRS Gross Profit Margin

33.9%

No prior period
Non-IFRS Adj. Gross Margin

36.5%

No prior period
IFRS Operating Margin

3.2%

No prior period
USD-denominated Revenue

63.0%

No prior period
Customers Served (>$100k LTM)

904

No prior period
Customers >$1M Annual Revenue

331

No prior period
Total Globers

27.4K

Previous: 30.1K-8.9%
Non-IFRS Adj. Op. Margin

13.2%

No prior period
Free Cash Flow

$12.6M

No prior period
Net Income

$3.61M

Previous: -$3.72M+196.9%
Operating Income

$19.7M

Previous: $5.86M+235.5%
Gross Profit

$208M

Previous: $218M-4.3%
Cash & Equivalents

$169M

No prior period

Revenue & EPS history

Globant · Revenue · Quarterly

$614M

Q2 2026+0%vs Q2 2025
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Company provided Q3 and full-year 2026 guidance reflecting modest revenue pressure and margin focus amid AI transition.

Tailwinds

  • Strong Glob.AI ARR momentum with raised exit target
  • Continued share repurchase execution

Headwinds

  • Q3 revenue guidance implies YoY decline
  • Full-year revenue outlook trimmed

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+1.8%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+0.6%

Avg return

30 days after

67%

28 / 42 earnings

Positive

+15.4%

Q3 2017

Best reaction

-27.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2026+6.1%+22.6%+10.1%
Q2 2025-14.9%-13.5%-28.2%
Q4 2024-27.8%-27.3%-37.8%
Q2 2024+6.8%+5.3%+3.1%
Q3 2023+10.1%+13.1%+30.9%
Q2 2023+4.8%+9.9%+19.5%
Q1 2023+11.4%+14.3%+22.3%
Q4 2022+4.3%+0.4%-10.5%
Q3 2022-7.5%-6.0%-11.1%
Q2 2022-2.1%-2.5%-8.9%
Q1 2022+1.5%+2.4%-1.1%
Q4 2021-3.6%-6.4%+2.3%
Q3 2021-2.7%-10.6%-13.7%
Q2 2021+5.7%+11.1%+26.3%
Q1 2021+4.7%+5.5%+6.2%
Q4 2020+4.9%-2.7%-2.6%
Q3 2020+0.4%-2.0%-3.3%
Q2 2020+0.3%+0.7%-1.0%
Q1 2020+13.6%+24.3%+30.9%
Q4 2019+4.4%-10.2%-42.6%
Q3 2019-5.0%-8.7%-0.1%
Q2 2019-1.9%-10.8%-13.6%
Q1 2019+2.8%-2.4%+12.0%
Q4 2018+3.5%+4.1%+5.7%
Q3 2018+4.9%-0.7%+8.7%
Q2 2018+8.5%+13.0%-0.9%
Q1 2018+9.4%+6.5%+14.6%
Q4 2017+10.8%+13.1%+14.9%
Q3 2017+15.4%+15.9%+20.5%
Q2 2017-7.8%-8.6%-9.4%
Q1 2017+3.0%-2.0%+10.3%
Q4 2016-2.8%+0.3%+0.8%
Q3 2016-9.0%-13.7%-24.6%
Q2 2016+2.1%-4.4%-9.4%
Q1 2016+8.2%
Q4 2015+4.8%
Q3 2015-0.7%
Q2 2015+6.5%
Q1 2015+6.0%
Q4 2014+3.2%
Q3 2014-5.0%
Q2 2014-0.2%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012

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