Globant (GLOB) Deferred Taxes (2016 - 2021)

Globant's (GLOB) quarterly Deferred Taxes came in at -$3.9 million in Q1 2021, down 590.99% year-on-year from $796554.9 in Q1 2020, and down 590.99% quarter-over-quarter from -$566000.0 in Q1 2020.

Globant (GLOB) Deferred Taxes (2016 - 2021) Analysis & Trends

Globant's Deferred Taxes history runs 6 years deep, the most recent figure standing at -$3.9 million for Q1 2021.

  • On a quarterly basis, Deferred Taxes fell 590.99% year-over-year to -$3.9 million in Q1 2021; TTM through Mar 2021 was -$8.5 million, a 21.69% decrease from a year earlier, with the FY2025 full-year figure at -$24.6 million, up 34.45% from the prior year.
  • Deferred Taxes eased to -$3.9 million in Q1 2021 per GLOB's latest filing, from -$566000.0 in the prior quarter.
  • Across five years, Deferred Taxes topped out at $841000.0 in Q2 2018 and bottomed at -$3.9 million in Q1 2021.
  • The 5-year median for Deferred Taxes is -$1.3 million (2018), against an average of -$1.2 million.
  • Biggest YoY gain for Deferred Taxes was 135.11% in 2018; the steepest drop was 741.53% in 2018.
  • Year by year, Deferred Taxes stood at $534000.0 in 2017, then jumped by 57.49% to $841000.0 in 2018, then tumbled by 342.69% to -$2.0 million in 2019, then jumped by 72.27% to -$566000.0 in 2020, then sank by 590.99% to -$3.9 million in 2021.
  • Per Business Quant, the three latest GLOB Deferred Taxes figures stand at -$3.9 million (Q1 2021), -$566000.0 (Q1 2020), and -$2.0 million (Q1 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred 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 95.74 Mn
3 Cgi 61.46 Bn 60.81 Bn - -1.17 Mn
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn -
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn -1.03 Bn
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 111.00 Mn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn -5.00 Mn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 103.32 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 4.30 Mn
10 Globant 1.45 Bn 1.20 Bn 213.66 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 -3.91 Mn
Mar 31, 2020 -566,000.00
Mar 31, 2019 -2.04 Mn
Jun 30, 2018 841,000.00
Mar 31, 2018 -1.99 Mn
Dec 31, 2017 534,000.00
Jun 30, 2017 -2.40 Mn
Mar 31, 2017 -236,000.00
Jun 30, 2016 -393,000.00