NYSE$GLOB
Globant SA · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Globant reported strong revenue growth and stable profitability in Q4 2024.
Globant achieved record quarterly revenue of $642.5 million, representing a 10.6% year-over-year increase. IFRS diluted EPS was $0.85, while Non-IFRS Adjusted Diluted EPS came in at $1.75. The company's operating margin remained stable, and revenue from AI-related services continued to expand.
- Revenue grew 10.6% YoY to $642.5 million.
- IFRS diluted EPS was $0.85, down from $0.96 in Q4 2023.
- Non-IFRS Adjusted Diluted EPS increased to $1.75 from $1.62.
- Strong performance from AI-focused service offerings and global expansion.
Headline financials
Revenue & EPS history
Globant · Revenue · Quarterly
$643M
Forward guidance
Globant expects continued growth in 2025, projecting revenue increases between 9.1% and 12.0%. The company remains focused on AI innovation and operational efficiency.
Tailwinds
- Q1 2025 revenue projected between $618M and $628M, implying 8.2% to 10.0% YoY growth.
- Fiscal 2025 revenue guidance of $2.64B to $2.71B, up 9.1% to 12.0% YoY.
- Continued investment in AI and digital transformation services.
- Stable operating margins expected between 15.5% and 16.5%.
- Non-IFRS Adjusted EPS expected between $6.80 and $7.20 for FY 2025.
Headwinds
- Q1 2025 revenue includes a negative FX impact of 2.0 percentage points.
- Full-year revenue growth guidance includes a 1.5 percentage point FX headwind.
- Competitive pressures remain strong in the digital transformation sector.
- Macroeconomic uncertainty may impact client IT spending.
- Potential margin pressures from talent acquisition and retention costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| 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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