Grid Dynamics Holdings Gross Profit Growth & History (GDYN)
Grid Dynamics Holdings's gross profit was $142.3M for fiscal 2025.
View full Grid Dynamics Holdings company overviewGrid Dynamics Holdings annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $142.3M | $15.3M | +12.08% |
| 2024 | 2024-12-31 | $127.0M | $13.9M | +12.25% |
| 2023 | 2023-12-31 | $113.1M | −$7.4M | −6.17% |
| 2022 | 2022-12-31 | $120.6M | $32.9M | +37.46% |
| 2021 | 2021-12-31 | $87.7M | $46.1M | +110.78% |
| 2020 | 2020-12-31 | $41.6M | −$6.6M | −13.71% |
| 2019 | 2019-12-31 | $48.2M | $8.9M | +22.72% |
| 2018 | 2018-12-31 | $39.3M | — | — |
Grid Dynamics Holdings quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $39.6M | $5.1M | +14.83% |
| Q1 2026 | 2026-03-31 | $36.2M | −$765,000 | −2.07% |
| Q4 2025 | 2025-12-31 | $36.1M | −$911,000 | −2.46% |
| Q3 2025 | 2025-09-30 | $34.7M | $2.0M | +6.06% |
| Q2 2025 | 2025-06-30 | $34.5M | $4.9M | +16.71% |
| Q1 2025 | 2025-03-31 | $37.0M | $9.3M | +33.73% |
| Q4 2024 | 2024-12-31 | $37.0M | $8.9M | +31.78% |
| Q3 2024 | 2024-09-30 | $32.7M | $4.6M | +16.26% |
| Q2 2024 | 2024-06-30 | $29.6M | $1.3M | +4.44% |
| Q1 2024 | 2024-03-31 | $27.7M | −$910,000 | −3.18% |
| Q4 2023 | 2023-12-31 | $28.1M | −$4.2M | −12.91% |
| Q3 2023 | 2023-09-30 | $28.2M | −$4.5M | −13.83% |
| Q2 2023 | 2023-06-30 | $28.3M | −$556,000 | −1.93% |
| Q1 2023 | 2023-03-31 | $28.6M | $1.8M | +6.71% |
| Q4 2022 | 2022-12-31 | $32.3M | $5.0M | +18.12% |
| Q3 2022 | 2022-09-30 | $32.7M | $7.4M | +29.30% |
| Q2 2022 | 2022-06-30 | $28.9M | $9.1M | +45.78% |
| Q1 2022 | 2022-03-31 | $26.8M | $11.4M | +74.60% |
| Q4 2021 | 2021-12-31 | $27.3M | $15.1M | +122.85% |
| Q3 2021 | 2021-09-30 | $25.3M | $14.1M | +126.52% |
| Q2 2021 | 2021-06-30 | $19.8M | $11.4M | +136.07% |
| Q1 2021 | 2021-03-31 | $15.3M | $5.5M | +56.21% |
| Q4 2020 | 2020-12-31 | $12.3M | −$402,000 | −3.17% |
| Q3 2020 | 2020-09-30 | $11.2M | −$2.6M | −19.15% |
| Q2 2020 | 2020-06-30 | $8.4M | −$3.0M | −26.63% |
| Q1 2020 | 2020-03-31 | $9.8M | −$528,000 | −5.10% |
| Q4 2019 | 2019-12-31 | $12.7M | — | — |
| Q3 2019 | 2019-09-30 | $13.8M | — | — |
| Q2 2019 | 2019-06-30 | $11.4M | — | — |
| Q1 2019 | 2019-03-31 | $10.3M | — | — |
Grid Dynamics Holdings gross profit trends
Over the last five fiscal years, Grid Dynamics Holdings's gross profit increased from $41.6M to $142.3M, a change of $100.7M. The latest reported quarter, Q2 2026, shows $39.6M.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Grid Dynamics Holdings source filings ↗