Grid Dynamics Holdings, Inc. (GDYN)

Nasdaq: GDYN · Services-Prepackaged Software · San Ramon, CA · filing with the SEC since 2018

Grade5.3

◀ Past 3.8● Present 5.5▶ Future 6.0

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Report filed	Mar 5, 2026	Feb 27, 2025	Feb 29, 2024	Feb 28, 2023	Mar 3, 2022	Mar 5, 2021	Mar 4, 2020	Mar 20, 2019
Revenue	411,827,000	350,571,000	312,910,000	310,482,000	211,280,000	111,283,000	118,326,000	91,865,000
For lenders
Net interest income	·	·	·	·	·	·	1,807,343	·
Cost of revenue	269,479,000	223,566,000	199,764,000	189,892,000	123,552,000	69,662,000	70,090,000	52,559,000
Gross profit	142,348,000	127,005,000	113,146,000	120,590,000	87,728,000	41,621,000	48,236,000	39,306,000
Research and development	23,665,000	18,347,000	14,741,000	15,772,000	8,459,000	9,311,000	4,346,000	2,643,000
Selling, general and administrative	·	·	·	·	·	37,707,000	21,318,000^r	17,634,000
Sales and marketing	30,032,000	28,622,000	24,151,000	19,808,000	14,457,000	10,051,000	6,947,000	5,200,000
General and administrative	90,546,000	82,141,000	79,834,000	106,018,000	64,762,000	37,707,000	21,318,000	·
Total operating expenses	144,243,000	129,110,000	118,726,000	141,598,000	87,678,000	57,069,000	32,611,000	25,477,000
Operating income	-1,895,000	-2,105,000	-5,580,000	-21,008,000	50,000	-15,448,000	15,625,000^r	13,829,000
Interest and investment income	·	·	·	·	·	·	4,016,000	·
Other income (expense), net	17,596,000	13,160,000	10,418,000	555,000	-2,502,000	236,000	-176,000	-746,000
Income before income taxes	15,701,000	11,055,000	4,838,000	-20,453,000	-2,452,000	-15,212,000	15,449,000	13,083,000
Income tax expense	6,033,000	7,014,000	6,603,000	8,761,000	5,248,000	-2,613,000	4,642,000^r	3,855,000
Net income including non-controlling interests	·	·	·	·	·	-12,599,000	10,807,000	9,228,000
Net income	9,668,000	4,041,000	-1,765,000	-29,214,000	-7,700,000	-12,599,000	10,807,000^r	9,228,000
Net income to common shareholders	·	·	·	·	-7,700,000	-12,599,000	10,430,000	9,228,000
Earnings per share, basic	0.11	0.05	-0.02	-0.42	-0.13	-0.28	0.49	0.46
Earnings per share, diluted	0.11	0.05	-0.02	-0.42	-0.13	-0.28	0.49	0.46
Earnings per share, basic and diluted	·	·	·	·	·	·	0.14	·
Weighted average shares, basic	84,539,000	77,465,000	75,193,000	69,197,000	58,662,000	44,737,000^r	21,118,000^r	20,217
Weighted average shares, diluted	86,892,000	79,974,000	75,193,000	69,197,000	58,662,000	44,737,000^r	21,122,000^r	20,217,000^b
Weighted average shares, basic and diluted	·	·	·	·	·	44,737	21,122^r	20,217

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton GDYN · research, not advice