# Grid Dynamics Holdings, Inc. (GDYN)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $533M  
**Price:** $6.13 (+0.66%)

> Grid Dynamics Holdings, Inc. is a digital transformation services and solutions provider, focusing on modern engineering and technology innovation. At its core, it aids enterprises in accelerating their digital initiatives through expertise in cloud computing, big data analytics, and machine learning. Grid Dynamics partners with its clients to optimize their supply chain management, improve customer experiences, and enhance business agility. The company significantly impacts various sectors, notably retail, technology, media, and financial services, by offering scalable solutions that drive operational efficiency and competitiveness. Founded in 2006 and headquartered in Silicon Valley, Grid Dynamics employs a global workforce of technologists and engineers who collaborate to deliver cutting-edge digital services. In the contemporary market, it plays a crucial role in enabling companies to navigate the rapidly evolving digital landscape and maintain a strategic advantage.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $412M | $142M | -$2M | $10M | — |
| 2024 | $351M | $127M | -$2M | $4M | — |
| 2023 | $313M | $113M | -$6M | -$2M | — |
| 2022 | $310M | $121M | -$21M | -$29M | — |
| 2021 | $211M | $88M | $50,000 | -$8M | — |
| 2020 | $111M | $42M | -$15M | -$13M | — |
| 2019 | $118M | $48M | $16M | $11M | — |
| 2018 | $92M | $39M | $14M | $9M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $613M | $71M | $542M | $342M | — |
| 2024 | $592M | $74M | $518M | $335M | — |
| 2023 | $435M | $52M | $383M | $257M | — |
| 2022 | $411M | $48M | $363M | $257M | — |
| 2021 | $257M | $30M | $227M | $144M | — |
| 2020 | $167M | $15M | $152M | $113M | — |
| 2019 | $72M | $8M | $54M | $42M | — |
| 2018 | $222M | $8M | $33M | $1M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $41M | $15M | $25M |
| 2024 | $30M | $12M | $18M |
| 2023 | $41M | $8M | $33M |
| 2022 | $32M | $6M | $26M |
| 2021 | $18M | $5M | $13M |
| 2020 | $6M | $2M | $4M |
| 2019 | $13M | $3M | $10M |
| 2018 | $11M | $3M | $8M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GDYN)