Globant (GLOB) Tax Provisions (2013 - 2026)
Globant (GLOB) posted Tax Provisions of -$741000.0 for Q2 2026, up 93.78% on a QoQ basis from -$11.9 million in Q1 2026, and down 199.87% year-over-year from $742000.0 in Q2 2025.
Analysis
Globant (GLOB) Tax Provisions (2013 - 2026) Analysis & Trends
Globant has reported Tax Provisions for 14 years, with the latest figure at -$741000.0 in Q2 2026.
- On a quarterly basis, Tax Provisions fell 199.87% year-over-year to -$741000.0 in Q2 2026; TTM through Jun 2026 was -$40.1 million, a 53.4% decrease from a year earlier, with the FY2025 full-year figure at -$35.2 million, up 15.06% from the prior year.
- Tax Provisions was -$741000.0 for Q2 2026 at Globant, up from -$11.9 million in the prior quarter.
- The five-year high for Tax Provisions was $742000.0 in Q2 2025, with the low at -$14.2 million in Q3 2025.
- Average Tax Provisions over 5 years is -$9.6 million, with a median of -$10.5 million recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Tax Provisions jumped 107.34% in 2025, then slumped 199.87% in 2026.
- Over 5 years, Tax Provisions stood at -$11.0 million in 2022, then rose by 23.06% to -$8.4 million in 2023, then increased by 16.8% to -$7.0 million in 2024, then tumbled by 87.84% to -$13.2 million in 2025, then jumped by 94.38% to -$741000.0 in 2026.
- The last three Tax Provisions figures came in at -$741000.0 (Q2 2026), -$11.9 million (Q1 2026), and -$13.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 343.00 Mn |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 231.00 Mn |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 121.97 Mn |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 37.57 Mn |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 17.00 Mn |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 19.43 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | -14.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 14.06 Mn |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | - |
| 10 | Globant | 1.60 Bn | 1.43 Bn | 208.24 Mn | -741,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -741,000.00 |
| Mar 31, 2026 | -11.90 Mn |
| Dec 31, 2025 | -13.20 Mn |
| Sep 30, 2025 | -14.24 Mn |
| Jun 30, 2025 | 742,000.00 |
| Mar 31, 2025 | -8.49 Mn |
| Dec 31, 2024 | -7.03 Mn |
| Sep 30, 2024 | -11.36 Mn |
| Jun 30, 2024 | -10.10 Mn |
| Mar 31, 2024 | -12.94 Mn |
| Dec 31, 2023 | -8.44 Mn |
| Sep 30, 2023 | -10.98 Mn |
| Jun 30, 2023 | -9.88 Mn |
| Mar 31, 2023 | -10.21 Mn |
| Dec 31, 2022 | -10.98 Mn |
| Sep 30, 2022 | -10.15 Mn |
| Jun 30, 2022 | -10.78 Mn |
| Mar 31, 2022 | -11.50 Mn |
| Dec 31, 2021 | -8.90 Mn |
| Sep 30, 2021 | -7.07 Mn |