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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$614.94M-5.1%
Enterprise value$304.89M-6.5%
P/E116.4×+78.3×
P/S1.5×-0.2×

Profitability

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Gross margin34.1%-2.7pp
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.

Based on trailing twelve months.

The source filing: Grid Dynamics Holdings, Inc.’s 10-Q, filed October 30, 2025. Open the filing →

Filed
Oct 30, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001743725-25-000010

FAQ

What is Grid Dynamics Holdings, Inc.'s operating margin?
Grid Dynamics Holdings, Inc. (GDYN) reported operating margin of -1.3% in Q3 2024.
How has Grid Dynamics Holdings, Inc.'s operating margin changed year-over-year?
Grid Dynamics Holdings, Inc.'s operating margin increased by 58.0% year-over-year, from -3.2% to -1.3%.
What is the long-term trend for Grid Dynamics Holdings, Inc.'s operating margin?
Over 2 years (2020 to 2023), Grid Dynamics Holdings, Inc.'s operating margin has grown at a -64.2% compound annual growth rate (CAGR), from -13.9% to -1.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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