Grid Dynamics Holdings, Inc. (GDYN) stock
GDYNNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 14/3013% below fair value
$13.21−0.17 (-1.27%)
Close on Nov 13, 2026Market cap $1.06BP/E 146.8Yield –
Grid Dynamics profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Grid Dynamics's profit margin for the twelve months ending Sep 30, 2026 was 1.8%. For fiscal 2025 it was 2.3%, against 1.2% the year before. The highest annual figure on record is 10.0% in fiscal 2018.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.3% | +1.2 |
| FY2024 | Dec 31, 2024 | 1.2% | +1.7 |
| FY2023 | Dec 31, 2023 | -0.6% | +8.8 |
| FY2022 | Dec 31, 2022 | -9.4% | −5.8 |
| FY2021 | Dec 31, 2021 | -3.6% | +7.7 |
| FY2020 | Dec 31, 2020 | -11.3% | −20.5 |
| FY2019 | Dec 31, 2019 | 9.1% | −0.9 |
| FY2018 | Dec 31, 2018 | 10.0% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 5.4% | +4.3 |
| Q2 FY2026 | Jun 30, 2026 | 2.6% | −2.6 |
| Q1 FY2026 | Mar 31, 2026 | -1.4% | −4.3 |
| Q4 FY2025 | Dec 31, 2025 | 0.3% | −4.2 |
| Q3 FY2025 | Sep 30, 2025 | 1.1% | −3.8 |
| Q2 FY2025 | Jun 30, 2025 | 5.2% | +6.2 |
| Q1 FY2025 | Mar 31, 2025 | 2.9% | +7.8 |
| Q4 FY2024 | Dec 31, 2024 | 4.5% | +0.8 |
| Q3 FY2024 | Sep 30, 2024 | 4.9% | +4.0 |
| Q2 FY2024 | Jun 30, 2024 | -1.0% | −4.4 |
| Q1 FY2024 | Mar 31, 2024 | -4.9% | +5.0 |
| Q4 FY2023 | Dec 31, 2023 | 3.7% | +12.0 |
| Q3 FY2023 | Sep 30, 2023 | 0.9% | +9.1 |
| Q2 FY2023 | Jun 30, 2023 | 3.4% | +20.4 |
| Q1 FY2023 | Mar 31, 2023 | -10.0% | −6.2 |
| Q4 FY2022 | Dec 31, 2022 | -8.3% | −2.9 |
| Q3 FY2022 | Sep 30, 2022 | -8.2% | −2.9 |
| Q2 FY2022 | Jun 30, 2022 | -17.1% | −1.4 |
| Q1 FY2022 | Mar 31, 2022 | -3.7% | +0.5 |
| Q4 FY2021 | Dec 31, 2021 | -5.4% | +4.3 |
| Q1 FY2021 | Mar 31, 2021 | -5.3% | +8.9 |
| Q4 FY2020 | Dec 31, 2020 | -15.7% | −22.3 |
| Q3 FY2020 | Sep 30, 2020 | -4.2% | −18.4 |
| Q2 FY2020 | Jun 30, 2020 | -9.7% | −22.0 |
| Q1 FY2020 | Mar 31, 2020 | -14.2% | −16.9 |
| Q4 FY2019 | Dec 31, 2019 | 6.6% | – |
| Q3 FY2019 | Sep 30, 2019 | 14.2% | – |
| Q2 FY2019 | Jun 30, 2019 | 12.3% | – |
| Q1 FY2019 | Mar 31, 2019 | 2.7% | – |
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