Company / Gross Margin
Grid Dynamics Holdings, Inc. Gross Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
34.6%
FY2025
5-year range
34.6% / 41.5%
FY2021-FY2025
Trend
-4.6%
vs FY2024
Sector context
#180 of 225
Information Technology
What the data says
Grid Dynamics Holdings, Inc.'s gross margin of 34.6% is lower than 80% of companies in the Information Technology sector (FY2025). Gross Margin has fluctuated over the past 8 years, ranging from 34.6% in FY2025 to 42.8% in FY2020.
Based on SEC 10-K filings.
34.6% in FY2025 with a 5-year CAGR of -8.2%.
Declined from 41.5% to 34.6% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -2.8pp
- 5-Year Change
- -8.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 20% in Information TechnologyTop 80% of 225This company 34.6% Sector average 53.6%
▼
-35.5% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 4.6% year-over-year.
- Currently 19.1pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 4.33 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 34.6% | -4.6% |
| FY2024 | 36.2% | -12.7% |
| FY2023 | 41.5% | +11.0% |
| FY2022 | 37.4% | -8.3% |
| FY2021 | 40.8% | -4.7% |
| FY2020 | 42.8% | +5.0% |
| FY2019 | 40.8% | -4.7% |
| FY2018 | 42.8% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026