Grid Dynamics Holdings, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 211.28M | 310.48M | 312.91M | 350.57M | 411.83M | 17.5% | |
| Cost of Revenue | (123.55M) | (189.89M) | (199.76M) | (223.57M) | (269.48M) | 20.5% | |
Gross Profit | 87.73M | 120.59M | 113.15M | 127.00M | 142.35M | 12.1% | |
| Operating Expenses | |||||||
| Research & Development | (8.46M) | (15.77M) | (14.74M) | (18.35M) | (23.66M) | 29.0% | |
| Selling, General & Administrative | (79.22M) | (125.83M) | (103.98M) | (110.76M) | (120.58M) | 8.9% | |
| General & Administrative | (64.76M) | (106.02M) | (79.83M) | (82.14M) | (90.55M) | 10.2% | |
| Selling & Marketing | (14.46M) | (19.81M) | (24.15M) | (28.62M) | (30.03M) | 4.9% | |
| Depreciation & Amortization | (5.05M) | (9.65M) | (12.12M) | (18.74M) | (24.80M) | 32.4% | |
Operating Income (EBIT) | 50.00K | -21.01M | -5.58M | -2.10M | 2.31M | -209.9% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | 13.16M | — | -100.0% | |
| Interest Expense | — | — | — | — | — | — | |
| Other Income/Expenses (Net) | -2.50M | 555.00K | 10.42M | 13.16M | 13.39M | 1.7% | |
Income Before Tax | -2.45M | -20.45M | 4.84M | 11.05M | 15.70M | 42.0% | |
| Income Tax Expense | (5.25M) | (8.76M) | (6.60M) | (7.01M) | (6.03M) | -14.0% | |
Net Income | -7.70M | -29.21M | -1.76M | 4.04M | 9.67M | 139.2% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $-0 | $-0 | $-0 | $0 | $0 | 110.7% | |
| Weighted Avg Shares Outstanding | 58.66M | 69.20M | 75.19M | 77.47M | 84.54M | 9.1% | |
| Weighted Avg Shares Outstanding (Diluted) | 58.66M | 69.20M | 75.19M | 79.97M | 86.89M | 8.7% | |
EBITDA | 2.60M | -10.81M | 16.96M | 29.79M | 40.50M | 36.0% |
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GDYN in the Technology
Small Cap