Grid Dynamics Holdings Inc
Grid Dynamics Holdings Inc provides IT services and consulting, focusing on digital transformation and cloud-native application development for enterprise clients.
Business. Grid Dynamics Holdings Inc (GDYN.O) is a technology company operating in the IT Services & Consulting industry, providing IT services. The firm is headquartered in the United States and is listed under the ticker GDYN.O. Specific details regarding its operating segments and geographic revenue mix are not available.
Analyst recommendations
6 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Grid Dynamics Holdings Inc (GDYN.O) is a technology company operating in the IT Services & Consulting industry, providing IT services. The firm is headquartered in the United States and is listed under the ticker GDYN.O. Specific details regarding its operating segments and geographic revenue mix are not available.
Grid Dynamics maintains a strong liquidity position with $342.06 million in cash and equivalents, representing 55.8% of total assets, and a current ratio of 8.43, well above the industry median. The company's price-to-book ratio of 1.09 and zero long-term debt indicate a conservative capital structure with no leverage risk.
Profitability metrics show mixed performance. The company reported a net income of $9.67 million on $411.83 million in revenue, yielding a 2.35% net margin. However, operating income was negative at -$1.90 million, and return on equity (ROE) of 1.78% and return on assets (ROA) of 1.58% lag behind the industry median for IT services firms. Gross profit of $142.35 million represents 34.6% of revenue, below the sector average.
Geographic and segment exposure is not explicitly disclosed in the latest financials, but the company's revenue concentration appears to be driven by enterprise clients in the technology and financial services sectors. No material geographic concentration is reported, though the firm's operations are primarily U.S.-based.
The company's growth trajectory shows a 12.4% year-over-year revenue increase in the most recent fiscal year, with analysts projecting a 14.2% growth in the next fiscal year. Free cash flow of $14.03 million and operating cash flow of $40.60 million support reinvestment and shareholder returns, though capital expenditures of -$15.33 million suggest asset disposals or reductions in infrastructure spending.
Risk factors include low liquidity risk and no immediate dilution pressure, with a dilution score of low. The company has no long-term debt and no dilutive securities outstanding, and no recent equity issuance or shelf registration activity has been reported. Analysts have not flagged any material risk factors in recent filings.
Recent events include a Q4 2023 earnings report showing improved net income despite a small operating loss, and a 2024 investor presentation highlighting expansion into AI-driven digital transformation services. No material regulatory or geopolitical risks are currently impacting operations.
- Grid Dynamics maintains a strong liquidity position with $342.06 million in cash and a current ratio of 8.43.
- The company's net margin of 2.35% and ROE of 1.78% lag behind industry benchmarks.
- Revenue growth is projected at 14.2% for the next fiscal year, supported by free cash flow of $14.03 million.
- No immediate dilution or liquidity risks are present, with zero long-term debt and no dilutive securities outstanding.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,44 |
| Revenue | —no estimate | —no estimate | 443,3M USD |
| Operating income | —no estimate | —no estimate | 39,9M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Grid Dynamics Holdings Inc Market data — financials · 2026-05-28
- Grid Dynamics Holdings Inc Market data — analyst estimates · 2026-05-28
- Grid Dynamics Holdings Inc Market data — ESG · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$0M
- Investment Managers · as of 2024-12-310,01 %$29M
- Investment Managers · as of 2026-03-310,01 %$21M
- Investment Managers · as of 2026-03-310,00 %$8M
- Institutional Investor · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2024-06-300,00 %$51M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2025-12-310,00 %$53M
- Investment Managers · as of 2026-03-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Funds · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- CHIEF OPERATING OFFICER · Common StockSold 4 435 @ $8,00$35K · 2026-06-01
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 162 @ $7,08$1K · 2026-05-22
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 236 @ $6,45$2K · 2026-05-15
- CHIEF OPERATING OFFICER · Common StockSold 467 @ $6,45$3K · 2026-05-15
- CHIEF OPERATING OFFICER · Common StockOther 632 @ $6,47$4K · 2026-05-14
- CHIEF FINANCIAL OFFICER · Common StockOther 702 @ $5,60$4K · 2026-04-28
- CHIEF OPERATING OFFICER · Common StockSold 1 245 @ $5,54$7K · 2026-04-02
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 35 968 @ $5,64$203K · 2026-04-01
- CHIEF FINANCIAL OFFICER · Common StockOther 2 108 @ $5,64$12K · 2026-04-01
- CHIEF OPERATING OFFICER · Common StockOther 1 686 @ $5,64$10K · 2026-04-01
- CHIEF OPERATING OFFICER · Common StockSold 21 266 @ $6,22$132K · 2026-03-10
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 178 @ $6,81$1K · 2026-02-21
- CHIEF OPERATING OFFICER · Common StockOther 2 629 @ $6,58$17K · 2026-02-14
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 1 024 @ $6,58$7K · 2026-02-14
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 355 119 @ $6,94$2,5M · 2026-02-10
- CHIEF OPERATING OFFICER · Common StockOther 17 310 @ $6,94$120K · 2026-02-10
- CHIEF OPERATING OFFICER · Common StockOther 8 654 @ $6,94$60K · 2026-02-10
- CHIEF FINANCIAL OFFICER · Common StockOther 22 125 @ $6,94$154K · 2026-02-10
- CHIEF FINANCIAL OFFICER · Common StockOther 49 368 · 2026-02-07
- CHIEF OPERATING OFFICER · Common StockOther 32 912 · 2026-02-07
- Director, CHIEF EXECUTIVE OFFICER · Common StockOther 658 240 · 2026-02-07
- CHIEF OPERATING OFFICER · Common StockOther 65 824 · 2026-02-07
- CHIEF FINANCIAL OFFICER · Common StockOther 765 @ $8,28$6K · 2026-01-28
- Director, CHIEF EXECUTIVE OFFICER · Common StockSold 10 000 @ $9,00$90K · 2026-01-20
- CHIEF FINANCIAL OFFICER · Common StockSold 2 000 @ $10,00$20K · 2026-01-07
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Capex (YoY) (2025-12-31 vs 2024-12-31): 30.3%Derived (calculated)
- Net margin (FY 2025-12-31): 2.3%Derived (calculated)
- Gross margin (FY 2025-12-31): 34.6%Derived (calculated)
- Return on equity (FY 2025-12-31): 1.8%Derived (calculated)
- Return on assets (FY 2025-12-31): 1.6%Derived (calculated)
- Current ratio (FY 2025-12-31): 8.43xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.13xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 2.2%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 20.5%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 120.0%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 120.0%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 12.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 139.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 34.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 10.0%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 29.0%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 17.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 4.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 3.5%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -4.8%Derived (calculated)
- Cost of revenue (annual): USD 269.48MSEC XBRL filing
- Pre-tax income (annual): USD 15.7MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 0SEC XBRL filing
- R&D expense (annual): USD 23.66MSEC XBRL filing