Globant (GLOB) Change in Taxes (2016 - 2021)

Globant's (GLOB) quarterly Change in Taxes came in at -$8.1 million in Q1 2021, down 103.93% year-on-year from $206.2 million in Q1 2020, and down 103.93% quarter-over-quarter from -$4.0 million in Q1 2020.

Globant (GLOB) Change in Taxes (2016 - 2021) Analysis & Trends

Globant's Change in Taxes history runs 6 years deep, the most recent figure standing at -$8.1 million for Q1 2021.

  • On a quarterly basis, Change in Taxes fell 103.93% year-over-year to -$8.1 million in Q1 2021; TTM through Mar 2021 was -$21.0 million, a 50.61% decrease from a year earlier, with the FY2016 full-year figure at -$8.2 million, up 22.26% from the prior year.
  • Change in Taxes retreated to -$8.1 million in Q1 2021 per GLOB's latest filing, from -$4.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at -$1.0 million in Q1 2018 and bottomed at -$8.1 million in Q1 2021.
  • The 5-year median for Change in Taxes is -$4.0 million (2020), against an average of -$4.1 million.
  • Across the five-year window, Change in Taxes surged 55.17% in 2018 and tumbled 122.21% in 2019, its largest moves.
  • Year by year, Change in Taxes stood at -$4.4 million in 2017, then sank by 51.29% to -$6.6 million in 2018, then surged by 65.13% to -$2.3 million in 2019, then sank by 71.87% to -$4.0 million in 2020, then plunged by 103.93% to -$8.1 million in 2021.
  • Per Business Quant, the three latest GLOB Change in Taxes figures stand at -$8.1 million (Q1 2021), -$4.0 million (Q1 2020), and -$2.3 million (Q1 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn -
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn -146.03 Mn
3 Cgi 61.46 Bn 60.81 Bn - -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn -
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn -
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn -
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn -63.15 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn -
10 Globant 1.45 Bn 1.20 Bn 213.66 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 -8.10 Mn
Mar 31, 2021 -8.10 Mn
Mar 31, 2020 -3.97 Mn
Mar 31, 2020 -3.97 Mn
Mar 31, 2019 -2.31 Mn
Mar 31, 2019 -2.31 Mn
Jun 30, 2018 -6.63 Mn
Jun 30, 2018 -6.63 Mn
Mar 31, 2018 -1.04 Mn
Mar 31, 2018 -1.04 Mn
Jun 30, 2017 -4.38 Mn
Jun 30, 2017 -4.38 Mn
Mar 31, 2017 -2.32 Mn
Mar 31, 2017 -2.32 Mn
Jun 30, 2016 -7.15 Mn
Jun 30, 2016 -7.15 Mn