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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$104.1M+3.7%
Gross profit$36.2M-2.1%
Operating income-$3.7M-80.7%
Net income-$1.5M-151%
EPS (diluted)-$0.02-167%

Balance sheet

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Cash & equivalents$327.5M+0.5%
Total debt$17.4M+50.4%
Total equity$530.1M+2.5%
Total assets$605.0M+2.4%

Cash flow

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Operating cash flow$8.4M-10.3%
CapEx$4.0M+18.6%
Free cash flow$4.4M-26.3%

Valuation

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Market cap$435.69M-55.2%
Enterprise value$125.64M-80.9%
P/E82.5×-6.8×
P/S1.1×-1.6×

Profitability

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Gross margin34.1%-2.7pp
Operating margin-1.3%-0.5pp
Net margin1.3%-1.7pp
FCF margin5.7%-0.9pp

Returns & leverage

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Return on equity1%-1.4pp
Debt / equity0.0×
Current ratio7.9×+0.6×

Where this comes from

Calculated from Grid Dynamics Holdings, Inc.’s reported figures.

$3.7Mebit+
$5.2MDepreciation Depletion & Amortization
=$1.52M

The official record: Grid Dynamics Holdings, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grid Dynamics Holdings, Inc.'s EBITDA?
Grid Dynamics Holdings, Inc. (GDYN) reported EBITDA of $1.52M in Q1 2026.
How has Grid Dynamics Holdings, Inc.'s EBITDA changed year-over-year?
Grid Dynamics Holdings, Inc.'s EBITDA decreased by 43.3% year-over-year, from $2.68M to $1.52M.
What is the long-term trend for Grid Dynamics Holdings, Inc.'s EBITDA?
Over 4 years (2021 to 2025), Grid Dynamics Holdings, Inc.'s EBITDA has grown at a 53.6% compound annual growth rate (CAGR), from $3.61M to $20.11M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.