Globant Grows AI Revenue and Cuts Costs

Globant(NYSE:GLOB) delivered revenue of $614.2 million (up 4.5% year-over-year), a non-IFRS adjusted operating margin of 15%, and non-IFRS adjusted diluted EPS of $1.53. The firm implemented a business optimization plan, raised its pipeline to $3.7 billion (up 25% from last year), and deepened its shift toward a scalable, AI-driven subscription model and strategic partnerships with OpenAI and AWS. This summary highlights Globant’s operational transformation, accelerating AI adoption, and relative earnings stability amid persistent macro headwinds.Globant’s AI subscription model, introduced just a quarter ago, generated 18 paying clients and contributed materially to the 25% year-over-year jump in the opportunity pipeline to $3.7 billion. This approach replaces legacy project billing with consumption-based, outcome-aligned contracts for AI agent-driven solutions, supported by proprietary technology such as AgenTik AI.The rapid early traction of subscription AI contracts signals both strong product-market fit and the potential for higher-margin, scalable recurring revenue, positioning Globant for durable, technology-led differentiation as enterprises accelerate digital reinvention.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool