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Companies / Information Technology / Grid Dynamics Holdings, Inc.
GDYN

Grid Dynamics Holdings, Inc.

Information TechnologyPrepackaged Software
Ticker GDYNSAN RAMON, CAFiscal year ends DecemberBook value per share $6.27Diluted shares 83.6M

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) provides AI, data, cloud and digital engineering services to large enterprises, including Fortune 1000 companies. It helps clients assess AI opportunities, build and scale production systems, modernize applications and data platforms, and develop digital commerce, customer… From the company’s description.

Over the twelve months to Sep 30, 2026, Grid Dynamics Holdings, Inc. reported revenue of $432.71M, up 6.6% from a year earlier, and net income of $7.85M. Its operating margin was 1.7%, and operations generated $40.41M in cash. In fiscal 2025, it reported revenue of $411.83M, up 17.5% from fiscal 2024, and net income of $9.67M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$411.83MFY2025
+17.5% year over year
Last 12 mo $432.71M
-0.46%FY2025
+0.1 percentage points
Last 12 mo 1.67%
$9.67MFY2025
+139.2% year over year
Last 12 mo $7.85M
1.78%FY2025
+1 percentage points
Last 12 mo 1.50%
Cash & financing
$40.60MFY2025
+34.4% year over year
Last 12 mo $40.41M
$25.27MFY2025
+37.1% year over year
Last 12 mo $26.31M
—
86.9MFY2025
+8.7% year over year
Last 12 mo 83.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Grid Dynamics Holdings, Inc. does

In the company’s own words

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) provides AI, data, cloud and digital engineering services to large enterprises, including Fortune 1000 companies. It helps clients assess AI opportunities, build and scale production systems, modernize applications and data platforms, and develop digital commerce, customer experience, IoT and edge-computing solutions. Customers span retail, technology, media and telecommunications, finance, consumer products and manufacturing, healthcare, and other industries. The company organizes its offerings around artificial intelligence, cloud platform and product engineering, digital engagement, IoT and edge computing, and AI and data platforms; these are service areas rather than reportable segments. Retail represented 29.3% of 2025 revenue, technology, media and telecommunications 26.1%, and finance 24.4%. Founded in 2006, Grid Dynamics expanded its European and Americas presence through its 2024 acquisitions of JUXT and Mobile Computing. It had 4,961 personnel and generated $411.8 million in revenue for the year ended December 31, 2025. Its website is www.griddynamics.com.

Company details
Sector
Information Technology
Industry (SIC)
Prepackaged Software
Headquarters
SAN RAMON, CA
Fiscal year end
December
CIK
1743725
SIC
7372

Financial performance, year by year

Fiscal 2019–2025 · USD
$-75.41M$63.17M$201.75M$340.33M$478.90M2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Grid Dynamics Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

189
funds hold it
0 of 35
superinvestors hold it
$141.80M
held by funds, at market
29.6%
of shares held by funds

Largest fund holders · Grid Dynamics Holdings, Inc.’s weight in each

BARON SMALL CAP FUND
BSCFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
0.60%of fund net assets
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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