GRID DYNAMICS HOLDINGS, INC. GDYN
GRID DYNAMICS HOLDINGS, INC. financials (annual)
Bars are annual figures from 2018 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $411.8M | $350.6M | $312.9M | $310.5M | $211.3M | $111.3M | $118.3M | $91.9M |
| Gross profit | $142.3M | $127.0M | $113.1M | $120.6M | $87.7M | $41.6M | $48.2M | $39.3M |
| R&D expense | $23.7M | $18.3M | $14.7M | $15.8M | $8.5M | $9.3M | $4.3M | $2.6M |
| SG&A expense | — | — | — | — | — | $37.7M | $21.3M | $17.6M |
| Operating income | -$1.9M | -$2.1M | -$5.6M | -$21.0M | $50,000 | -$15.4M | $15.6M | $13.8M |
| Income tax | $6.0M | $7.0M | $6.6M | $8.8M | $5.2M | -$2.6M | $4.6M | $3.9M |
| Net income | $9.7M | $4.0M | -$1.8M | -$29.2M | -$7.7M | -$12.6M | $10.8M | $9.2M |
| EPS (diluted) | $0.11 | $0.05 | $-0.02 | $-0.42 | $-0.13 | $-0.28 | $0.49 | $0.46 |
| Operating cash flow | $40.6M | $30.2M | $41.1M | $31.7M | $18.0M | $5.9M | $12.5M | $10.6M |
| Free cash flow | $25.3M | $18.4M | $33.2M | $25.6M | $13.3M | $3.7M | $9.7M | $7.5M |
| Cash & equivalents | $342.1M | $334.7M | $257.2M | $256.7M | $144.4M | $112.7M | $42.2M | $1.0M |
| Total assets | $612.9M | $592.2M | $435.2M | $411.1M | $256.7M | $167.1M | $71.5M | $222.4M |
| Total liabilities | $70.8M | $74.4M | $52.3M | $48.1M | $29.7M | $15.4M | $8.3M | $8.1M |
| Shareholders' equity | $542.1M | $517.8M | $382.9M | $363.0M | $227.1M | $151.7M | $54.0M | $33.4M |
Growth · year-over-year · Revenue CAGR 23.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth | +17.5% | +12.0% | +0.8% | +47.0% | +89.9% | -6.0% | +28.8% | — |
| Net income growth | +139.2% | — | — | — | — | -216.6% | +17.1% | — |
| EPS growth | +120.0% | — | — | — | — | -157.1% | +6.5% | — |
| Free cash flow growth | +37.1% | -44.5% | +29.9% | +93.0% | +260.2% | -62.2% | +29.6% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.