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Companies / Technology / GRID DYNAMICS HOLDINGS, INC.
GDYN

GRID DYNAMICS HOLDINGS, INC.

TechnologyPrepackaged Software
Ticker GDYNSAN RAMON, CAFiscal year ends DecemberBook value per share $6.16Diluted shares 84.5M

Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) is an enterprise artificial intelligence transformation partner headquartered in Silicon Valley and operating globally across the Americas, Europe, and India. The company combines deep AI expertise with proven enterprise-scale delivery to help Fortune 1000 companies identify… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$411.83M
+17.5% year over year
Last 12 mo $422.58M
-0.46%
+0.1 percentage points
Last 12 mo -0.51%
$9.67M
+139.2% year over year
Last 12 mo $2.86M
1.78%
+1 percentage points
Last 12 mo 0.55%
Cash & financing
$40.60M
+34.4% year over year
Last 12 mo $31.36M
$25.27M
+37.1% year over year
Last 12 mo $16.00M
—
86.9M
+8.7% year over year
Last 12 mo 84.5M

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) is an enterprise artificial intelligence transformation partner headquartered in Silicon Valley and operating globally across the Americas, Europe, and India. The company combines deep AI expertise with proven enterprise-scale delivery to help Fortune 1000 companies identify high-value AI investments, deploy systems that function reliably at scale, and capture measurable business value from AI implementations. Grid Dynamics maintains its website at www.griddynamics.com.

Founded in 2006, Grid Dynamics delivers comprehensive services organized around client business outcomes rather than technical silos. The company's service portfolio spans artificial intelligence services including AI-readiness consulting, use case identification, robust infrastructure deployment, and enterprise-scale implementation; cloud platform and product engineering for legacy system modernization and cloud-native development; digital engagement through composable commerce platforms and AI-powered customer experience solutions; IoT and edge computing for manufacturers and logistics providers; and AI and data platforms that power analytics and machine learning operations at scale.

Grid Dynamics generated total revenues of approximately $411.8 million for the year ended December 31, 2025, with revenue distributed across key industry verticals: Retail at 29.3 percent, Technology, Media and Telecom at 26.1 percent, Finance at 24.4 percent, CPG and Manufacturing at 10.5 percent, Healthcare and Pharma at 2.5 percent, and Other at 7.2 percent. The company's largest customer represented 15.4 percent of revenues, while the ten largest clients collectively accounted for 57.7 percent of revenues.

As of December 31, 2025, Grid Dynamics employed 4,961 personnel globally. The company operates a continuous development model leveraging talent across multiple time zones, with significant operations in India, the United Kingdom, and throughout the Americas. Strategic acquisitions of JUXT Ltd. in the United Kingdom and Mobile Computing S.A. in Argentina during 2024 expanded the company's geographic footprint and addressable market opportunities. Grid Dynamics maintains strategic partnerships with major hyperscale cloud providers including Google Cloud, AWS, and Microsoft Azure, as well as AI leaders like NVIDIA and Temporal Technologies, with these partnerships contributing over 19 percent of annual revenues.

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

Financial performance, year by year

Fiscal 2019–2025 · USD
$-74.39M$61.14M$196.68M$332.22M$467.76M2019202020212022202320242025Last 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
29.3%
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
0.01%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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