Grid Dynamics Holdings financials
$7.64+0.66%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $411.8M | $350.6M | $312.9M | $310.5M | $211.3M | $111.3M |
| Gross profit | $142.3M | $127.0M | $113.1M | $120.6M | $87.7M | $41.6M |
| Gross margin | 34.6% | 36.2% | 36.2% | 38.8% | 41.5% | 37.4% |
| Operating income | -$1.9M | -$2.1M | -$5.6M | -$21.0M | $50.0K | -$15.4M |
| Net income | $9.7M | $4.0M | -$1.8M | -$29.2M | -$7.7M | -$12.6M |
| Net margin | 2.3% | 1.2% | −0.6% | −9.4% | −3.6% | −11.3% |
| Diluted EPS | $0.11 | $0.05 | $-0.02 | $-0.42 | $-0.13 | $-0.28 |
| EBITDA | $22.9M | $16.6M | $6.5M | -$14.4M | $5.1M | -$12.8M |
| Operating cash flow | $40.6M | $30.2M | $41.1M | $31.7M | $18.0M | $5.9M |
| Free cash flow | $25.3M | $18.4M | $33.2M | $25.6M | $13.3M | $3.7M |
| Diluted shares | 86.9M | 80.0M | 75.2M | 69.2M | 58.7M | 44.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $342.1M | $334.7M | $257.2M | $256.7M | $144.4M | $112.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $612.9M | $592.2M | $435.2M | $411.1M | $256.7M | $167.1M |
| Total liabilities | $70.8M | $74.4M | $52.3M | $48.1M | $29.7M | $15.4M |
| Shareholders' equity | $542.1M | $517.8M | $382.9M | $363.0M | $227.1M | $151.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology