Globant (GLOB) Tax Rate (2013 - 2025)
Globant (GLOB) recorded quarterly Tax Rate of 23.48% in Q4 2025, up 20.15% quarter-over-quarter from 29.41% in Q3 2025, and down 839.0% on a YoY basis from 3.18% in Q4 2024.
Globant (GLOB) Tax Rate (2013 - 2025) Analysis & Trends
Globant's Tax Rate history runs 13 years deep, the most recent figure standing at 23.48% for Q4 2025.
- In Q4 2025, Tax Rate fell 839.0% year-over-year to 23.48%; the TTM figure through Dec 2025 stood at 25.29% (down 560.0% YoY), while the FY2025 annual figure was 25.29%, up 560.0% from the prior year.
- Tax Rate was 23.48% for Q4 2025 at Globant, up from 29.41% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 38.43% in Q1 2021 to a low of 29.41% in Q3 2025.
- Historically, Tax Rate has averaged 18.35% across 5 years, with a median of 21.7% in 2021.
- The sharpest annual moves came in 2021 and 2022: Tax Rate soared 7001 bps in 2021, then slumped 6224 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 23.4% in 2021, then advanced by 7 bps to 21.78% in 2022, then advanced by 22 bps to 16.94% in 2023, then rose by 11 bps to 15.1% in 2024, then tumbled by 56 bps to 23.48% in 2025.
- The last three Tax Rate figures came in at 23.48% (Q4 2025), 29.41% (Q3 2025), and 16.61% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 21.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 12.40% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 24.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 23.99% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 40.93% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.88% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 26.21% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 21.91% |
| 10 | Globant | 2.01 Bn | 1.83 Bn | 213.66 Mn | -23.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.48% |
| Dec 31, 2025 | -23.48% |
| Sep 30, 2025 | -29.41% |
| Sep 30, 2025 | -29.41% |
| Jun 30, 2025 | -16.61% |
| Jun 30, 2025 | -16.61% |
| Mar 31, 2025 | -21.78% |
| Mar 31, 2025 | -21.78% |
| Dec 31, 2024 | -15.10% |
| Dec 31, 2024 | -15.10% |
| Sep 30, 2024 | -19.96% |
| Sep 30, 2024 | -19.96% |
| Jun 30, 2024 | -20.16% |
| Jun 30, 2024 | -20.16% |
| Mar 31, 2024 | -22.75% |
| Mar 31, 2024 | -22.75% |
| Dec 31, 2023 | -16.94% |
| Dec 31, 2023 | -16.94% |
| Sep 30, 2023 | -20.03% |
| Sep 30, 2023 | -20.03% |