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Grid Dynamics Holdings, Inc. GDYN Effect of exchange rate changes on cash, cash equivalents and restricted cash

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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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

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 effect of exchange rate changes on cash, cash equivalents and restricted cash?
Grid Dynamics Holdings, Inc. (GDYN) reported effect of exchange rate changes on cash, cash equivalents and restricted cash of -$1.44M in Q1 2026.
How has Grid Dynamics Holdings, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash changed year-over-year?
Grid Dynamics Holdings, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash decreased by 320.5% year-over-year, from $655K to -$1.44M.
What does effect of exchange rate changes on cash, cash equivalents and restricted cash mean?
Captures the impact of fluctuations in foreign currency exchange rates on the company's cash and cash equivalent balances held in non-functional currencies. It is a non-cash adjustment necessary to reconcile the change in cash position over a reporting period.