MarketBrain

GRID DYNAMICS HOLDINGS, INC.

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$411.8M$350.6M$312.9M$310.5M$211.3M
Gross profit$142.3M$127.0M$113.1M$120.6M$87.7M
Operating income-$1.9M-$2.1M-$5.6M-$21.0M$50,000
Operating expenses$144.2M$129.1M$118.7M$141.6M$87.7M
Cost of revenue$269.5M$223.6M$199.8M$189.9M$123.6M
Cash from operations$40.6M$30.2M$41.1M$31.7M$18.0M
Capital expenditure$15.3M$11.8M$7.9M$6.1M$4.7M
Free cash flow$25.3M$18.4M$33.2M$25.6M$13.3M
Share repurchases$2.0M$0$0$0$0
Impairments$0$0$0$0$0
Total assets$612.9M$592.2M$435.2M$411.1M$256.7M
Total liabilities$70.8M$74.4M$52.3M$48.1M$29.7M

Shares outstanding 83.6M · Free float 65.1%

Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.