undamentalytics Newsletter
Sign in

Grid Dynamics Holdings, Inc. income statement

In fiscal 2025, Grid Dynamics Holdings, Inc. reported revenue of $412m, up 17.5% on the year before, operating income of −$1.9m (a -0.5% margin) and net income of $9.7m, or $0.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue92118111211310313351412433
Cost of revenue537070124190200224269275
Gross profit39484288121113127142158
Research and development34981615182424
Selling, general and administrative182138——————
Selling and marketing———142024293029
General and administrative———6510680829198
Operating income1416−150−21−6−2−27
Net interest income—2———————
Income before tax1315−15−2−205111618
Income tax45−35977610
Net income911−13−8−29−24108
Diluted EPS$0.23$0.24−$0.28−$0.13−$0.42−$0.02$0.05$0.11$0.09
Diluted shares (average)—42m45m59m69m75m80m87m84m
EBITDA1518−135−143121829

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: GDYN vs RMNIGDYN vs RCMTGDYN vs INODGDYN vs IBEX

More: IT Consulting & Other Services stocks compared, Technology sector, rankings of US companies

Figures from Grid Dynamics Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Grid Dynamics Holdings, Inc.