Grid Dynamics Holdings, Inc. (GDYN)

NASDAQ: GDYN · Real-Time Price · USD

13.36

+3.87 (40.78%)

At close: Oct 30, 2026, 4:00 PM EDT

13.30

-0.06 (-0.45%)

After-hours: Oct 30, 2026, 5:20 PM EDT

Grid Dynamics Holdings Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	432.71	411.83	350.57	312.91	310.48	211.28
Revenue Growth	6.59%	17.47%	12.04%	0.78%	46.95%	89.86%
Gross Profit	158.07	142.35	127.01	113.15	120.59	87.73
Operating Income	11.75	2.61	3.34	-1.23	-9.39	0.95
Net Income	7.85	9.67	4.04	-1.77	-29.21	-7.7
Earnings Per Share	0.09	0.11	0.05	-0.02	-0.42	-0.13
EPS Growth	-41.95%	120.00%	-	-	-	-

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	289.14	277.74	238.16	242.65	167.45
United Kingdom	45.19	25.26	31.88	21.89	10.57
Poland	14.01	6.05	1.86	-	-
Other	63.49	41.52	41.02	30.06	18.66
Total	411.83	350.57	312.91	310.48	211.28

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	304.29	342.06	334.66	257.23	256.73	144.36
Total Debt	15.58	17.04	12.63	11	8.14	-
Net Cash (Debt)	288.71	325.02	322.03	246.23	248.59	144.36
Net Cash Growth	-11.14%	0.93%	30.78%	-0.95%	72.19%	28.04%
Net Cash Per Share	3.42	3.74	4.03	3.27	3.59	2.46

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-	40.6	30.2	41.09	31.65	17.97
Capital Expenditures	-	-15.33	-11.77	-7.87	-6.07	-4.72
Free Cash Flow	-	25.27	18.43	33.22	25.58	13.26
Free Cash Flow Growth	-	37.08%	-44.52%	29.86%	92.98%	260.25%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	36.53%	34.56%	36.23%	36.16%	38.84%	41.52%
Operating Margin	2.71%	0.63%	0.95%	-0.39%	-3.02%	0.45%
Pretax Margin	4.21%	3.81%	3.15%	1.55%	-6.59%	-1.16%
Profit Margin	1.81%	2.35%	1.15%	-0.56%	-9.41%	-3.64%
FCF Margin	-	6.13%	5.26%	10.62%	8.24%	6.28%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	149.79	79.21	459.16	-	-	-
Forward PE	27.76	21.10	56.42	40.19	24.68	109.93
P/FCF Ratio	62.79	30.31	100.67	30.33	32.45	186.89
PS Ratio	2.32	1.86	5.29	3.22	2.67	11.73