Globant SA
NYSE:GLOB
Gross Margin
Globant SA
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| LU |
|
Globant SA
NYSE:GLOB
|
3.5B USD |
36%
|
|
| US |
|
International Business Machines Corp
NYSE:IBM
|
222.9B USD |
58%
|
|
| IE |
|
Accenture PLC
NYSE:ACN
|
152.1B USD |
32%
|
|
| IN |
|
Tata Consultancy Services Ltd
NSE:TCS
|
11T INR |
96%
|
|
| IN |
|
Infosys Ltd
NSE:INFY
|
5.9T INR |
30%
|
|
| IN |
|
HCL Technologies Ltd
NSE:HCLTECH
|
4.1T INR |
85%
|
|
| JP |
|
Fujitsu Ltd
TSE:6702
|
6.3T JPY |
33%
|
|
| JP |
|
NEC Corp
TSE:6701
|
6.1T JPY |
30%
|
|
| JP |
|
NTT Data Corp
TSE:9613
|
5.6T JPY |
28%
|
|
| JP |
N
|
NTT Data Group Corp
DUS:NT5
|
32B EUR |
28%
|
|
| US |
|
Cognizant Technology Solutions Corp
NASDAQ:CTSH
|
34B USD |
34%
|
Globant SA
Glance View
Once a fledgling enterprise emerging from Buenos Aires in 2003, Globant SA has blossomed into a veritable force in the realm of digital and cognitive transformation. Born in a period of technological revolution, the company was strategically positioned to ride the waves of change that swept through industries globally. Initially capturing attention by providing software outsourcing services, Globant soon evolved, setting its sights on the broader horizon of digital innovation. At its core, Globant specializes in crafting transformative digital journeys using cutting-edge technologies such as artificial intelligence, blockchain, and cloud computing, propelling companies into the digital era with seamless precision. This Argentine tech powerhouse stands out in its ability to blend engineering and design, molding user-centric products for its clients across various sectors, from finance to entertainment. Globant's unique business model thrives on fostering deep, strategic partnerships with its clients, focusing on collaboration that extends beyond traditional consulting. By embedding its teams within client operations, Globant identifies bespoke solutions, thereby co-creating value and fostering a long-term relationship that ensures recurring revenues. The company monetizes its expertise through a blend of fixed-price contracts and various agile service models, which allow flexibility and continuous adaptation to client challenges as they evolve. This hands-on approach not only fortifies client trust but also cements Globant's reputation as an indispensable partner in digital transformation. As industries brace for the future, Globant continues to leverage its innovative prowess, substantiating its role as a vanguard in the technology services landscape.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Globant SA's most recent financial statements, the company has Gross Margin of 35.6%.
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