Grid Dynamics Holdings, Inc. Income Statement
GDYN / Information Technology|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Grid Dynamics Holdings, Inc. reported $412M in revenue and $10M in net income for FY2025. Revenue has grown at a 23.9% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $411.8M | $350.6M | $312.9M | $310.5M | $211.3M | $91.9M | $118.3M | $91.9M |
| Cost of Revenue | $269.5M | $223.6M | $199.8M | $189.9M | $123.6M | $52.6M | $70.1M | $52.6M |
| Gross Profit | $142.3M | $127.0M | $113.1M | $120.6M | $87.7M | $39.3M | $48.2M | $39.3M |
| SG&A Expense | $90.5M | $82.1M | $79.8M | $106.0M | $64.8M | $17.6M | $21.3M | $17.6M |
| R&D Expense | $23.7M | $18.3M | $14.7M | $15.8M | $8.5M | $2.6M | $4.3M | $2.6M |
| Operating Income | -$1.9M | -$2.1M | -$5.6M | -$21.0M | $50.0K | $13.8M | $15.6M | $13.8M |
| Interest Expense | - | - | - | - | - | - | $1.8M | - |
| Income Tax | $6.0M | $7.0M | $6.6M | $8.8M | $5.2M | $3.9M | $4.6M | $3.9M |
| Net Income | $9.7M | $4.0M | -$1.8M | -$29.2M | -$7.7M | $9.2M | $10.8M | $9.2M |
| EPS (Basic) | $0.11 | $0.05 | -$0.02 | -$0.42 | -$0.13 | $0.46 | $0.49 | $0.46 |
| EPS (Diluted) | $0.11 | $0.05 | -$0.02 | -$0.42 | -$0.13 | $0.46 | $0.49 | $0.46 |
| Shares Outstanding | 84.8M | 83.6M | 75.9M | 74.2M | 66.9M | 21.6M | 21.1M | 20.2K |
| Gross Margin | 34.6% | 36.2% | 36.2% | 38.8% | 41.5% | 42.8% | 40.8% | 42.8% |
| Operating Margin | -0.5% | -0.6% | -1.8% | -6.8% | 0.0% | 15.0% | 13.2% | 15.1% |
| Profit Margin | 2.4% | 1.1% | -0.6% | -9.4% | -3.6% | 10.1% | 9.1% | 10.1% |