Grid Dynamics Holdings, Inc. (GDYN)

Grid Dynamics Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	338.55	334.66	257.23	256.73	144.36	112.75
Cash & Short-Term Investments	338.55	334.66	257.23	256.73	144.36	112.75
Cash Growth	46.39%	30.10%	0.19%	77.83%	28.04%	167.24%
Accounts Receivable	82.9	69.37	53.56	53.95	43.31	18.69
Other Receivables	-	-	-	-	0.93	0.33
Receivables	82.9	69.37	53.56	53.95	44.24	19.01
Prepaid Expenses	19.22	18.78	13.19	8.15	3.45	1.65
Restricted Cash	-	0.5	-	-	-	-
Other Current Assets	-	-	-	4.29	0.7	1.21
Total Current Assets	440.67	423.3	323.98	323.13	192.76	134.62
Property, Plant & Equipment	19.45	18.23	16.72	14.42	4.96	2.81
Long-Term Investments	-	-	-	1	-	-
Goodwill	84.68	83.41	53.87	45.51	35.96	14.69
Other Intangible Assets	54.21	55.82	31.63	21.86	20.3	9.41
Long-Term Deferred Tax Assets	9.13	8.77	6.42	5	2.73	5.61
Other Long-Term Assets	5.03	2.66	2.55	0.22	-	-
Total Assets	613.17	592.19	435.17	411.15	256.72	167.14
Accounts Payable	5.57	4.07	3.62	3.9	2.05	0.76
Accrued Expenses	37.27	28.07	23.2	15.71	12.58	8.62
Current Portion of Leases	5.29	5.42	4.24	2.51	-	-
Current Income Taxes Payable	3.49	6.82	8.83	10.72	1.98	1.25
Current Unearned Revenue	0.9	2.69	0.58	1.12	0.41	-
Other Current Liabilities	5.26	8.48	1.76	4.75	8.33	2.69
Total Current Liabilities	57.79	55.54	42.22	38.71	25.34	13.32
Long-Term Leases	8.36	7.21	6.76	5.64	-	-
Long-Term Deferred Tax Liabilities	9.3	8.91	3.27	3.76	4.32	2.09
Other Long-Term Liabilities	-	2.7	-	-	-	-
Total Liabilities	75.45	74.36	52.26	48.1	29.67	15.41
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	539.11	532.58	397.51	378.01	212.08	128.93
Retained Earnings	-2.48	-11.85	-15.89	-14.12	15.09	22.79
Comprehensive Income & Other	1.08	-2.91	1.27	-0.85	-0.13	-0
Total Common Equity	537.72	517.83	382.91	363.04	227.05	151.72
Shareholders' Equity	537.72	517.83	382.91	363.04	227.05	151.72
Total Liabilities & Equity	613.17	592.19	435.17	411.15	256.72	167.14
Total Debt	13.65	12.63	11	8.14	-	-
Net Cash (Debt)	324.91	322.03	246.23	248.59	144.36	112.75
Net Cash Growth	47.81%	30.78%	-0.95%	72.19%	28.04%	167.24%
Net Cash Per Share	3.71	4.03	3.27	3.59	2.46	2.52
Filing Date Shares Outstanding	84.77	83.84	75.97	74.83	66.95	53.8
Total Common Shares Outstanding	84.71	83.61	75.89	74.16	66.85	50.88
Working Capital	382.89	367.76	281.76	284.42	167.42	121.3
Book Value Per Share	6.35	6.19	5.05	4.90	3.40	2.98
Tangible Book Value	398.83	378.6	297.41	295.67	170.79	127.62
Tangible Book Value Per Share	4.71	4.53	3.92	3.99	2.55	2.51
Machinery	21.89	19.01	16.14	13.64	12.2	7.64
Leasehold Improvements	1.54	1.33	1.34	0.65	0.49	0.24

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q