Globant S.A. (GLOB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 54.44M | 150.79M | 92.09M | 21.88M | 15.69M | 125.13M | 90.54M | 10.17M | 10.7M | 156.44M | 87.41M | 36.74M | 33.83M | 0 | 76.02M | 44.98M | 0 | 100.11M | 93.5M | 0 |
| Operating CF Margin % | 8.97% | 24.62% | 14.92% | 3.56% | 2.57% | 19.48% | 14.73% | 1.73% | 1.87% | 26.94% | 16.03% | 7.38% | 7.16% | - | 16.57% | 10.48% | - | 26.36% | 27.35% | - |
| Operating CF Growth % | 246.94% | 20.51% | 1.72% | 115.19% | 46.64% | -20.02% | 3.58% | -72.33% | -68.37% | - | 14.98% | -18.31% | - | -100% | -18.7% | - | 100% | -4.86% | - | - |
| Net Income | 36.98M | 41.56M | 33.1M | -2.38M | 30.64M | 38.41M | 43.61M | 38.66M | 45.06M | 42.13M | 42.99M | 36.99M | 36.42M | 39.19M | 36.1M | 37.09M | 36.62M | 28.97M | 25.61M | 19.95M |
| Depreciation & Amortization | 38.13M | 39.23M | 40.08M | 41.02M | 40.81M | 36.05M | 33.7M | 33.97M | 32.5M | 32.07M | 28.59M | 27.31M | 26.21M | 24.51M | 21.89M | 20.36M | 19.37M | 40.1M | 0 | 14.99M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 21.07M | 0 | 0 | 0 | 0 | 22.36M | 18.64M | 17.05M | 16.72M | 0 | 15.29M | 14.23M | 0 | 15.18M | 9.62M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -86.49M | -75.83M | -71.67M | -69.14M | 0 | -37.18M | 0 | 0 | -31.99M | 0 | 0 |
| Other Non-Cash Items | 39.59M | -17K | 41.81M | 15.52M | 11.6M | 9.74M | 45.05M | 9.19M | 21.27M | 83.34M | 83.14M | 89.15M | 72.39M | -63.7M | 45.61M | 3.37M | -56M | -44.15M | 38.63M | -34.94M |
| Working Capital Changes | -60.26M | 70.01M | -22.9M | -32.28M | -88.43M | 40.93M | -31.82M | -71.65M | -88.13M | 63.04M | -10.14M | -62.09M | -48.78M | 0 | -5.69M | -30.07M | 0 | 34.87M | 29.27M | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -44.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29.06M | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.8M | 0 | 0 |
| Cash from Investing | -31.01M | -39.11M | -27.24M | -68.76M | -26.49M | -262.52M | -89.6M | -60.66M | -16.92M | -127.31M | -140.66M | -35.51M | -46.88M | 0 | -95.42M | -51.47M | 0 | 203.77M | -119.12M | 0 |
| Capital Expenditures | -18.37M | 51.53M | -24.61M | -24.73M | -21.41M | 46.77M | -20.81M | -38.16M | -15.54M | 45.08M | -26.76M | -27.82M | -35.61M | 0 | -30.07M | -27.78M | 0 | 35.4M | -22.26M | 0 |
| CapEx % of Revenue | 3.03% | 8.41% | 3.99% | 4.03% | 3.5% | 7.28% | 3.39% | 6.49% | 2.72% | 7.76% | 4.91% | 5.59% | 7.54% | - | 6.55% | 6.47% | - | 9.32% | 6.51% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -267.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.64M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -12.64M | -90.64M | -2.62M | -44.03M | -5.08M | -309.29M | -68.79M | -22.5M | -1.38M | 95.24M | -113.91M | -7.69M | -11.27M | 0 | -65.35M | -23.68M | 0 | 96.1M | -96.86M | 0 |
| Cash from Financing | -71.86M | -30.24M | -73.29M | 103.76M | -16.98M | 83.97M | 41.04M | -17.51M | -75.33M | 80.27M | 7.93M | -13.61M | -25.96M | 0 | -11.38M | -9.75M | 0 | 36.61M | -6.21M | 0 |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -71.86M | -30.24M | -73.29M | 103.76M | -16.98M | 83.97M | 41.04M | -17.51M | -75.33M | 87.69M | 7.93M | -13.61M | -25.96M | 0 | -11.38M | -9.75M | 0 | 1.18M | -6.21M | 0 |
| Net Change in Cash | -48.45M | 88.84M | -12.53M | 53.43M | -28.09M | -56.94M | 41.4M | -67.99M | -81.6M | 110.32M | -43.96M | -13.16M | -38.43M | -1.58M | -354.35M | -16.24M | -87.05M | 340.91M | -6.21M | 282.54M |
| Free Cash Flow | 36.07M | 202.32M | 67.48M | -2.86M | -5.71M | 171.9M | 69.73M | -27.99M | -4.84M | 201.52M | 60.65M | 8.92M | -1.78M | 0 | 45.95M | 17.2M | 0 | 135.51M | 71.24M | 0 |
| FCF Margin % | 5.94% | 33.03% | 10.93% | -0.47% | -0.94% | 26.75% | 11.34% | -4.76% | -0.85% | 34.7% | 11.12% | 1.79% | -0.38% | - | 10.01% | 4.01% | - | 35.68% | 20.84% | - |
| FCF Growth % | 731.19% | 17.7% | -3.23% | 89.79% | -18.13% | -14.7% | 14.97% | -413.77% | -171.28% | - | 31.99% | -48.13% | - | -100% | -35.51% | - | 100% | 17.05% | - | - |
| FCF per Share | 0.83 | 4.51 | 1.48 | -0.06 | -0.13 | 3.82 | 1.57 | -0.63 | -0.11 | 4.58 | 1.39 | 0.21 | -0.04 | - | 1.07 | 0.40 | - | 3.16 | 1.66 | - |
| FCF Conversion (FCF/Net Income) | 1.47x | 3.63x | 2.78x | -9.18x | 0.51x | 3.26x | 1.99x | 0.26x | 0.24x | 3.71x | 2.03x | 0.99x | 0.93x | - | 2.11x | 1.21x | - | 3.46x | 3.67x | - |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |