GGAL

MKT CAP:$7B

Grupo Financiero Galicia S.A.

Market Cap

$7B

Financial Services·Banks - Regional·🇦🇷 Argentina·NASDAQ

Financials·Banks - Regional·🇦🇷·NASDAQ

Stock Price

$43.47-$9.88 (-18.52%)

Apr 23, 2026

Company Details

Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses se...

CEO

Fabian Enrique Kon

IPO Date

Jul 25, 2000

Website

www.gfgsa.com

Key Metrics TTM

Revenue

$9.3B

+318.2% YoY

Net Income

$136M

EPS (Diluted)

$1.12

Free Cash Flow

$922M

Revenue / Share

$57.65

Gross Margin

41.0%

Operating Margin

2.2%

Net Margin

1.5%

FCF Margin

10.0%

P/S

0.7x

P/E

50.6x

Earnings Reports

FY 2025

Dec 30, 2025

$9.8BEPS $1.02

Q4 2025

Dec 30, 2025

$5.0BEPS -$0.28

Q3 2025

Sep 30, 2025

$1.4B+7.8%EPS -$0.39

Q2 2025

Jun 30, 2025

$1.5B-16.5%EPS $0.77

Q3 2024

Nov 26, 2024

$1.3BEPS $1.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$8M	$4M	$2M
Q2 16	$9M	$4M	$2M
Q3 16	$9M	$5M	$2M
Q4 16	$9M	$6M	$2M
Q1 17	$10M	$7M	$2M
Q3 17	$11M	$8M	$3M
Q3 18	$22M	$13M	$5M
Q3 19	$57M	$29M	$4M
Q3 20	$75M	$45M	$11M
Q3 22	$281M	$265M	$24M
Q2 24	$1.8B	$1.7B	$636M
Q3 24	$1.3B	$800M	$186M
Q2 25	$1.5B	$1.1B	$199M
Q3 25	$1.4B	$891M	-$125M
Q4 25	$5.0B	$1.0B	-$55M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q2 16	—	—
Q3 16	—	—
Q4 16	110.0x	897.8x
Q1 17	137.4x	1162.9x
Q3 17	188.0x	1502.6x
Q3 18	70.4x	539.2x
Q3 19	18.6x	245.8x
Q3 20	6.3x	86.6x
Q3 22	2.7x	40.1x
Q2 24	1.8x	9.3x
Q3 24	1.8x	11.1x
Q2 25	1.7x	11.9x
Q3 25	0.8x	7.9x
Q4 25	0.9x	64.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	-$69.7K	-$155.1K
Q2 16	$5M	$5M
Q3 16	-$4M	-$5M
Q4 16	$17M	$17M
Q1 17	-$7M	-$7M
Q3 17	$2M	$1M
Q3 18	$12M	$11M
Q3 19	-$13M	-$11M
Q3 20	$30M	$28M
Q3 22	-$432M	-$443M
Q2 24	$940M	$904M
Q3 24	-$1.4B	-$1.5B
Q2 25	-$1.0B	-$987M
Q3 25	$5.5B	$5.5B
Q4 25	-$2.0B	-$2.0B

Capital Expenditures

Quarter	CapEx
Q1 16	$85.4K
Q2 16	$234.3K
Q3 16	$176.1K
Q4 16	$153.1K
Q1 17	$458.2K
Q3 17	$458.5K
Q3 18	$1M
Q3 19	$2M
Q3 20	$2M
Q3 22	$12M
Q2 24	$36M
Q3 24	$66M
Q2 25	$15M
Q3 25	$71M
Q4 25	$50M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 17	+21.3%	+20.7%
Q3 17	+25.7%	+14.3%
Q3 18	+143.5%	+141.0%
Q3 19	+524.5%	+616.3%
Q3 20	+638.9%	+682.7%
Q3 22	+2444.4%	+3021.6%
Q2 24	+7950.0%	+6431.9%
Q3 24	+2223.5%	+2065.9%
Q2 25	+1913.4%	+1953.0%
Q3 25	+405.4%	+500.3%
Q4 25	+178.5%	+335.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$0	0.0%
Q2 16	$0	0.0%
Q3 16	$0	0.0%
Q4 16	$0	0.0%
Q1 17	$0	0.0%
Q3 17	$0	0.0%
Q3 18	$0	0.0%
Q3 19	$0	0.0%
Q3 20	$0	0.0%
Q3 22	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 16	$3M	$101.6K
Q2 16	$3M	—
Q3 16	$3M	—
Q4 16	$4M	$134.3K
Q1 17	$3M	—
Q3 17	$4M	$153.1K
Q3 18	$5M	$174.2K
Q3 19	$10M	—
Q3 20	$16M	—
Q3 22	$65M	—
Q2 24	$325M	—
Q3 24	$174M	$7M
Q2 25	$354M	—
Q3 25	$474M	—
Q4 25	$188M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$111M	$0	$111M
Q2 22	$275M	$0	$275M
Q3 22	$452M	$0	$452M
Q4 22	$1.0B	$0	$1.0B
Q1 23	$357M	$0	$357M
Q2 23	$395M	$0	$395M
Q3 23	$533M	$0	$533M
Q4 23	$1.4B	$0	$1.4B
Q1 24	$1.6B	$0	$1.6B
Q2 24	$1.9B	$0	$1.9B
Q3 24	$4.4B	$0	$4.4B
Q4 24	$2.7B	$0	$2.7B
Q1 25	$4.0B	$0	$4.0B
Q2 25	$4.4B	$0	$4.4B
Q3 25	$6.3B	$0	$6.3B
Q4 25	$6.5B	$0	$6.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	130M	—	—
Q2 16	130M	0.0%	—
Q3 16	130M	0.0%	—
Q4 16	130M	0.0%	—
Q1 17	130M	+0.4%	+0.4%
Q3 17	142M	+8.5%	+8.8%
Q3 18	143M	+1.2%	+10.1%
Q3 19	143M	0.0%	+10.1%
Q3 20	143M	0.0%	+9.7%
Q3 22	148M	+3.4%	+4.6%
Q2 24	148M	0.0%	+3.4%
Q3 24	148M	0.0%	+3.4%
Q2 25	161M	+8.5%	+12.2%
Q3 25	161M	0.0%	+8.5%
Q4 25	161M	0.0%	+8.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$687	12K
Q2 16	$725	12K
Q3 16	$758	12K
Q4 16	$760	12K
Q1 17	$845	12K
Q3 17	$925	12K
Q3 18	$1.9K	12K
Q3 19	$5.6K	10K
Q3 20	$7.7K	10K
Q3 22	$32.3K	9K
Q2 24	$189.9K	9K
Q3 24	$139.0K	9K
Q2 25	$120.9K	12K
Q3 25	$114.3K	12K
Q4 25	$403.3K	12K

Revenue / Employee