Grid Dynamics (GDYN)
Enterprise AI transformation partner delivering cloud, data and product engineering for Fortune 1000 clients.
$7.78
After-hours close−0.01 (−0.13%)
At close$7.79(+1.17%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 77 | 78 | 80 | 83 | 87 | 100 | 100 | 101 | 104 | 106 | 104 | 108 |
| Cost of revenue | 49 | 50 | 52 | 53 | 55 | 63 | 63 | 67 | 69 | 70 | 68 | 69 |
| Gross profit | 28 | 28 | 28 | 30 | 33 | 37 | 37 | 35 | 35 | 36 | 36 | 40 |
| 28 | 29 | 33 | 30 | 31 | 32 | 39 | 35 | 35 | 35 | 40 | 38 | |
| Research & development | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 7 | 6 | 5 | 6 | 6 |
| 25 | 25 | 29 | 25 | 26 | 30 | 33 | 28 | 29 | 31 | 34 | 32 | |
| Selling & marketing | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 7 | 7 | 7 | 8 | 7 |
| General & administrative | 18 | 19 | 22 | 18 | 19 | 23 | 24 | 21 | 22 | 23 | 26 | 25 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | −4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 0 | −1 | −6 | 0 | 2 | 5 | −2 | 0 | 0 | 1 | −4 | 1 |
| 3 | 3 | 3 | 3 | 3 | 0 | 5 | 7 | 3 | 2 | 3 | 3 | |
| Interest expense | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −4 | −3 | 0 | −3 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 3 | 2 | −3 | 3 | 6 | 6 | 2 | 7 | 3 | 3 | 0 | 4 |
| Income tax expense | 3 | −1 | 1 | 4 | 1 | 1 | 0 | 2 | 2 | 3 | 1 | 2 |
| Net income from continuing operations | 1 | 3 | −4 | −1 | 4 | 5 | 3 | 5 | 1 | 0 | −1 | 3 |
| Net income | 1 | 3 | −4 | −1 | 4 | 5 | 3 | 5 | 1 | 0 | −1 | 3 |
| EPS, basic | $0.01 | $0.04 | −$0.05 | −$0.01 | $0.06 | $0.06 | $0.03 | $0.06 | $0.01 | $0.00 | −$0.02 | $0.03 |
| EPS, diluted | $0.01 | $0.04 | −$0.05 | −$0.01 | $0.05 | $0.05 | $0.03 | $0.06 | $0.01 | $0.00 | −$0.02 | $0.03 |
| Weighted average shares, basic | 75 | 76 | 76 | 77 | 77 | 80 | 84 | 85 | 85 | 85 | 85 | 82 |
| Weighted average shares, diluted | 77 | 78 | 76 | 77 | 79 | 84 | 88 | 86 | 86 | 86 | 85 | 83 |
| EBITDA | 3 | 6 | 1 | 4 | 10 | 7 | 4 | 6 | 6 | 7 | 3 | 8 |
| Depreciation & amortization | 3 | 3 | 4 | 3 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 7 |
| EBIT | 0 | 3 | −3 | 0 | 6 | 1 | −2 | 0 | 0 | 1 | −4 | 1 |