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NASDAQ · SERVICES-PREPACKAGED SOFTWARE · MID CAP

Grid Dynamics Holdings, Inc. GDYN

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$411.8M
▲ 17.5% YoY
$9.7M
▲ 139.2% YoY
$25.3M
▲ 37.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Grid Dynamics delivers comprehensive services across the full spectrum of digital transformation, focusing on areas where AI, data, and cloud technologies create the most value. As of December 31, 2025, it had 4,961 personnel across the Americas, Europe, and India. During the year ended December 31, 2025, one customer accounted for 15.4% of its revenues. Grid Dynamics delivers tailored solutions in several key industry verticals. In 2024, it acquired JUXT Ltd. in the United Kingdom and Mobile Computing S.A. in Argentina, expanding its addressable opportunities across Europe and the Americas. Founded in 2006, it is headquartered in Silicon Valley with offices across the Americas, Europe, and India.

Written from the business description in Grid Dynamics Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 5 March 2026. Every sentence was checked against that document before publication.

Growth

USD 411.8M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 411.8 · Net income 9.7
150M300M
2018202120242025
Compound annual growth
+9.9%
+29.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +29.9% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -0.5% · Net 2.3%
5%10%15%-5%-10%
201820212025
ROE
FY2025 · ROE 1.8%
10%20%-5%-10%
201820212025
Three returns, three denominators.

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders

USD 2.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 25.3
15M30M
201820212025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 2.0
50M100M-50M-100M
2019202020212022202320242025

USD 2.0M in buybacks — 21% of the year's profit went back to shareholders.

Total assetsUSD 612.9M
EquityUSD 542.1M
CashUSD 342.1M
Current ratio8.43×

Equity funds 88% of total assets.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
GDYN, 8-year financial record
Metric 20252024202320222021202020192018
Revenue $B0.40.40.30.30.20.10.10.1
Operating income $B−0.0−0.0−0.0−0.00.0−0.00.00.0
EBITDA $B0.00.0−0.0−0.00.0−0.00.0◌
Income tax $B0.00.00.00.00.0−0.00.00.0
Net income $B0.00.0−0.0−0.0−0.0−0.00.00.0
Free cash flow $B0.00.00.00.00.00.00.00.0
EPS, diluted $0.110.05−0.02−0.42−0.13−0.280.490.46
Dividend / sh $◌◌◌◌◌◌◌◌
Payout %————−0−019—
ROE %1.80.9−0.5−9.9−4.1−12.224.727.6
Shares out B0.080.080.080.070.070.050.02◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 40 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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