Grid Dynamics Holdings, Inc. (GDYN)

NASDAQ: GDYN · Real-Time Price · USD

5.69

+0.08 (1.43%)

At close: Jul 24, 2026, 4:00 PM EDT

5.70

+0.01 (0.18%)

After-hours: Jul 24, 2026, 7:34 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	Mar '26 Mar 31, 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	415.51	411.83	350.57	312.91	310.48	211.28
Revenue Growth	11.95%	17.47%	12.04%	0.78%	46.95%	89.86%
Gross Profit	141.58	142.35	127.01	113.15	120.59	87.73
Operating Income	-3.54	-1.9	-2.11	-5.58	-21.01	0.05
Net Income	5.28	9.67	4.04	-1.77	-29.21	-7.7
Earnings Per Share	0.05	0.11	0.05	-0.02	-0.42	-0.13
EPS Growth	-58.33%	120.00%	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
United States	287.43	289.14	277.74	238.16	242.65	167.45
United Kingdom	47.21	45.19	25.26	31.88	21.89	10.57
Poland	14.29	14.01	6.05	1.86	-	-
Other	64.86	63.49	41.52	41.02	30.06	18.66
Total	415.51	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	Mar '26 Mar 31, 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	327.47	342.06	334.66	257.23	256.73	144.36
Total Debt	17.42	17.04	12.63	11	8.14	0
Net Cash (Debt)	310.05	325.02	322.03	246.23	248.59	144.36
Net Cash Growth	-1.25%	0.93%	30.78%	-0.95%	72.19%	28.04%
Net Cash Per Share	3.61	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	Mar '26 Mar 31, 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	39.64	40.6	30.2	41.09	31.65	17.97
Capital Expenditures	-15.96	-15.33	-11.77	-7.87	-6.07	-4.72
Free Cash Flow	23.69	25.27	18.43	33.22	25.58	13.26
Free Cash Flow Growth	-2.93%	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	Mar '26 Mar 31, 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	34.07%	34.56%	36.23%	36.16%	38.84%	41.52%
Operating Margin	-0.85%	-0.46%	-0.60%	-1.78%	-6.77%	0.02%
Pretax Margin	3.08%	3.81%	3.15%	1.55%	-6.59%	-1.16%
Profit Margin	1.27%	2.35%	1.15%	-0.56%	-9.41%	-3.64%
FCF Margin	5.70%	6.14%	5.26%	10.62%	8.24%	6.27%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 27, 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	93.67	82.09	444.80	-	-	-
Forward PE	12.31	21.10	56.42	40.19	24.68	109.93
P/FCF Ratio	20.09	30.25	100.88	30.45	32.52	191.47
PS Ratio	1.15	1.86	5.30	3.23	2.68	12.01