Grid Dynamics Holdings, Inc.: stock overview

GDYNNASDAQTechnology · Services-Prepackaged Software

Price

$13.21

November 13, 2026Market cap $1.1B

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  • The full history: 8 fiscal years, from 2018
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • The share price has risen 39% since Oct 29, 2026, when the 10-Q these figures come from was filed ($9.49 then, $13.21 on Nov 13, 2026). The figures date from before that move.10-Q
  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

In short

Grid Dynamics had revenue of $433M over the last 12 months and net income of $7.8M, a net margin of 1.8%. Revenue grew by 29.9% a year on average over the last 5 years. At $13.21 the shares trade at a P/E of 135.3. It holds more cash than debt, by $304M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$1.1B
80.37M shares
P/E
135.3
Revenue, 12 months
$433M
+29.9% a year over 5 years
Net margin
1.8%
2025: 2.4%, above 51% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+14.7% a year over 2 years

  • 202510-K
    Revenue$412M
  • 202410-K
    Revenue$351M
  • 202310-K
    Revenue$313M

Fiscal years in figures

GDYN's revenue, profit, cash flow and dividend with each year-end price, from 2018 to 2022, 5 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $1.0B
$1.1B
Enterprise value 
$757M
P/E 
135.3
EV / EBIT 
104.6
EV / Revenue 
1.8
P/B 3-year median: 2.6
2.0
FCF yield 3-year median: 3.3%
2.5%
Earnings yield 3-year median: 0.2%
0.7%

Profitability

Gross margin 
36.5%
Operating margin 
1.7%
Net margin 3-year median: 1.2%
1.8%
ROIC 
1.1%
ROIC, 5-year average 
-1.3%
ROE 
1.5%

Growth

Revenue, yearly change 
+17.5%
EPS, yearly change 
+120.0%
FCF, yearly change 
+37.1%
Revenue, average a year 
+29.9%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$304M
Total debt 
$16M
Of which operating leases 
$16M
Net cash 
$304M
Net debt / EBITDA 
-11.3x
Interest cover 
–
Current ratio 
7.34

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
0.19%
Total returned 
0.19%
Shares, yearly change 
+1.8%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 73).

Gross margin

34.6%

Above 25% of the 293 companies in its industry, and 47% of all.

Operating margin

-0.5%

Above 40% of the 462 companies in its industry, and 33% of all.

Net margin

2.4%

Above 51% of the 473 companies in its industry, and 43% of all.

ROE

1.8%

Above 45% of the 398 companies in its industry, and 35% of all.

ROA

1.6%

Above 51% of the 462 companies in its industry, and 52% of all.

Revenue growth

17.5%

Above 73% of the 461 companies in its industry, and 77% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
GRID DYNAMICS HOLDINGS, INC.
Exchange
NASDAQ
Industry (SIC)
7372 · Services-Prepackaged Software
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
80.37M

Other companies: Technology

The largest companies of the same sector, each with its own page.

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The full analysis

What do Grid Dynamics's filings show?

These are Grid Dynamics's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about GDYN

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What is GDYN's market cap?

Grid Dynamics Holdings, Inc.'s market cap is $1.1B, at a price of $13.21 on November 13, 2026 and 80.37M shares.

What is GDYN's P/E?

GDYN's P/E is 135.3, on earnings per share of $0.09 over the last 12 months.

How much revenue does GDYN have?

Grid Dynamics had revenue of $433M over the last 12 months. Over the last 5 years it changed by +29.9% a year on average.

Does GDYN pay a dividend?

No. Grid Dynamics paid no regular dividend over the last 12 months.

Where do the figures come from?

From Grid Dynamics Holdings, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.