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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

Reported directly by Grid Dynamics Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Grid Dynamics Holdings, Inc. (GDYN) reported pre-tax income of -$440K in Q1 2026.
How has Grid Dynamics Holdings, Inc.'s pre-tax income changed year-over-year?
Grid Dynamics Holdings, Inc.'s pre-tax income decreased by 117.8% year-over-year, from $2.47M to -$440K.
What is the long-term trend for Grid Dynamics Holdings, Inc.'s pre-tax income?
Over 4 years (2021 to 2025), Grid Dynamics Holdings, Inc.'s pre-tax income has grown at a 59.1% compound annual growth rate (CAGR), from -$2.45M to $15.7M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.