Globant (GLOB) Deferred Taxes (2016 - 2021)

Globant (GLOB) recorded quarterly Deferred Taxes of -$3.9 million in Q1 2021, down 590.99% quarter-over-quarter from -$566000.0 in Q1 2020, and down 590.99% on a YoY basis from $796554.9 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.

  • In Q1 2021, Deferred Taxes fell 590.99% year-over-year to -$3.9 million; the TTM figure through Mar 2021 stood at -$5.8 million (down 49.41% YoY), while the FY2025 annual figure was -$24.6 million, up 34.45% from the prior year.
  • Deferred Taxes was -$3.9 million for Q1 2021 at Globant, down from -$566000.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $697000.0 in Q2 2018 to a low of -$3.9 million in Q1 2021.
  • Historically, Deferred Taxes has averaged -$1.5 million across 5 years, with a median of -$2.0 million in 2018.
  • Biggest YoY gain for Deferred Taxes was 129.1% in 2018; the steepest drop was 741.53% in 2018.
  • A 5-year view of Deferred Taxes shows it stood at -$2.4 million in 2017, then soared by 129.1% to $697000.0 in 2018, then slumped by 392.83% to -$2.0 million in 2019, then jumped by 72.27% to -$566000.0 in 2020, then tumbled by 590.99% to -$3.9 million in 2021.
  • The last three Deferred Taxes figures came in at -$3.9 million (Q1 2021), -$566000.0 (Q1 2020), and -$2.0 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -3.76 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn -
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 97.68 Mn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 111.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn -5.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -5.40 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 4.30 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -8.00 Mn
10 Globant 2.01 Bn 1.83 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 697,000.00
Mar 31, 2018 -1.99 Mn
Jun 30, 2017 -2.40 Mn
Mar 31, 2017 -236,000.00
Jun 30, 2016 -393,000.00