Globant Q2 IFRS diluted EPS swings to USD 0.04; revenue flat at USD 614.4 million - GLOB News | RalliesGlobant Q2 IFRS diluted EPS swings to USD 0.04; revenue flat at USD 614.4 million
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GLOB• Q2 results and guidance
- Globant posted Q2 revenue of USD 614.4 million, roughly flat year over year; IFRS diluted EPS turned to USD 0.04 from a loss.
- IFRS operating margin widened 2.2 percentage points to 3.2%; IFRS gross margin narrowed 1.5 percentage points to 33.9%.
- Free cash flow turned positive to USD 12.6 million from negative; cash and short-term investments totaled USD 168.8 million.
- Glob.AI ARR rose 61% quarter over quarter to USD 52.8 million; management expects no less than USD 110 million exiting 2026.
- Guided Q3 revenue at USD 607 million-USD 615 million; forecast full-year revenue at USD 2.43 billion-USD 2.46 billion.
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