Company research / GDYN

Grid Dynamics Holdings, Inc. (GDYN)

SEC name GRID DYNAMICS HOLDINGS, INC. · CIK 0001743725 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Grid Dynamics Holdings, Inc. reported revenue of $411.83M. Revenue grew 17.5% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $422.58M.

Key ratios (year ended 2025-12-31)

34.6%
Gross margin
-0.5%
Operating margin
2.3%
Net margin
1.8%
Return on year-end equity
17.5%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 4 (ownership change) · 2026-10-08

Headquarters locality: San Ramon · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$422.58M$411.83M$350.57M$312.91M$310.48M$211.28M$111.28M$118.33M$91.86M
Cost of Revenue$275.88M$269.48M$223.57M$199.76M$189.89M$123.55M$69.66M$70.09M$52.56M
Gross Profit$146.70M$142.35M$127.00M$113.15M$120.59M$87.73M$41.62M$48.24M$39.31M
R&D Expense$22.94M$23.66M$18.35M$14.74M$15.77M$8.46M$9.31M$4.35M$2.64M
Operating Income-$2.14M-$1.90M-$2.10M-$5.58M-$21.01M$50.0K-$15.45M$15.62M$13.83M
Depreciation & Amortization$20.56M$19.70M$14.23M$8.93M$6.63M$5.05M$2.67M$2.31M$1.31M
EBITDA$18.42M$17.81M$12.12M$3.35M-$14.38M$5.10M-$12.78M$17.94M$15.14M
Net Income$2.86M$9.67M$4.04M-$1.76M-$29.21M-$7.70M-$12.60M$10.81M$9.23M
EPS (Diluted)n/a$0.11$0.05-$0.02-$0.42-$0.13-$0.28$0.49$0.46
Total Assets$600.37M$612.89M$592.19M$435.17M$411.15M$256.72M$167.13M$71.53M$222.36M
Total Liabilities$80.44M$70.82M$74.36M$52.26M$48.10M$29.67M$15.41M$8.30M$8.15M
Shareholders' Equity$519.92M$542.07M$517.83M$382.91M$363.04M$227.05M$151.72M$54.04M$33.38M
Cash & Equivalents$298.43M$342.06M$334.65M$257.23M$256.73M$144.36M$112.75M$42.19M$1.01M
Operating Cash Flow$31.36M$40.60M$30.20M$41.09M$31.65M$17.97M$5.93M$12.53M$10.58M
Capital Expenditures$15.36M$15.33M$11.77M$7.87M$6.07M$4.72M$2.25M$2.81M$3.08M
Free Cash Flow$16.00M$25.27M$18.43M$33.22M$25.58M$13.26M$3.68M$9.72M$7.50M
Share Repurchases$30.75M$2.00M$0$0$0$0$123.86M$0n/a
Dividends Paidn/an/an/an/an/a$0$0$2.00Mn/a
Shares Outstanding81.07M84.84M83.61M75.89M74.16M66.85M50.88M21.64Mn/a
Weighted Average Diluted Sharesn/a86.89M79.97M75.19M69.20M58.66M44.74M21.12Mn/a
EPS (Basic)n/a$0.11$0.05-$0.02-$0.42-$0.13-$0.28$0.49$0.46

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView