Grid Dynamics Holdings Inc

Grid Dynamics Holdings Inc

GDYN · NASDAQ · Technology / Information Technology Services

13.21USD-0.17 (-1.27%)

Price History

Full chart

Market Stats

Previous Close13.38
Open13.45
Day Range13.04 – 13.46
52-Week Range5.11 – 10.21
Volume1.22M
Market Cap625.49M
P/E (TTM)257.00
Forward P/E131.58
EPS0.03
Dividend Yield0.00%
Beta0.89
50-Day Avg7.39
200-Day Avg7.11

About

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally. The company offers artificial intelligence services, such as AI-Readiness through strategy consulting, data modernization, rapid and deployment-ready prototyping, and software development lifecycle transformation; identify AI use cases service, which deploys AI in customer-facing, operational, and knowledge management scenarios; AI infrastructure agentic systems; and enterprise AI scale, which helps enterprises gain enterprise-wide efficiency with deployment. It also provides cloud platform and product engineering services, including digital engagement, which delivers modular composable commerce platforms; IoT and edge computing, which assists manufacturers and logistics providers in implementing physical AI; and AI and data platforms. The company serves retail, technology, media and telecom, finance, consumer packaged goods and manufacturing, healthcare and pharma, and other verticals. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Leonard Livschitz
  • Employees4.84K
  • Headquarters6101 Bollinger Canyon Road, San Ramon, CA, United States, 94583, USA
  • Websitehttps://www.griddynamics.com

Leadership

  • Mr. Leonard LivschitzCEO & Director · b. 1967
  • Mr. Anil Kumar DoradlaCFO & Secretary · b. 1970
  • Mr. Yury GryzlovCOO & Head of Europe · b. 1983
  • Dr. Eugene Steinberg Ph.D.Chief Technology Officer · b. 1979
  • Mr. Cary SavasDirector of Branding & Communications
  • Mr. Rahul BindlishSenior VP & Global Head of Partnerships and Marketing · b. 1972
  • Ms. Maria VainerVice President of Human Resources
  • Mr. Ilya KatsovChief Technology Officer of Americas · b. 1987
  • Mr. Rajeev SharmaManaging Partner of APAC
  • Mr. Vasily SizovChief Revenue Officer & Head of Americas

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue70.68M91.86M118.33M111.28M211.28M310.48M312.91M350.57M411.83M
Growth (%)-+29.97%+28.80%-5.95%+89.86%+46.95%+0.78%+12.04%+17.47%
Cost of Revenue40.64M52.56M70.09M69.66M123.55M189.89M199.76M223.57M269.48M
Gross Profit30.05M39.31M48.24M41.62M87.73M120.59M113.15M127.00M142.35M
Gross Margin42.51%42.79%40.77%37.40%41.52%38.84%36.16%36.23%34.56%
Operating Expense16.94M25.48M32.61M57.07M87.68M141.60M118.73M129.11M143.94M
Operating Income13.11M13.83M15.63M-15.45M50.00K-21.01M-5.58M-2.10M-1.59M
Operating Margin18.54%15.05%13.21%-13.88%0.02%-6.77%-1.78%-0.60%-0.39%
EBITDA15.64M15.14M17.94M-12.78M2.60M-10.81M16.96M29.79M23.21M
EBITDA Margin22.13%16.48%15.16%-11.48%1.23%-3.48%5.42%8.50%5.64%
Net Income13.18M9.23M10.81M-12.60M-7.70M-29.21M-1.76M4.04M9.67M
Net Income Margin18.65%10.05%9.13%-11.32%-3.64%-9.41%-0.56%1.15%2.35%
R&D1.98M2.64M4.35M9.31M8.46M15.77M14.74M18.35M23.66M
R&D as % of Total Revenue2.79%2.88%3.67%8.37%4.00%5.08%4.71%5.23%5.75%
Interest Expense00176.00K2.91M2.50M555.00K---
Interest Expense % of Total Revenue0.00%0.00%0.15%2.61%1.18%0.18%---

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets31.15M41.73M71.53M167.13M256.72M411.15M435.17M592.19M612.89M
Total Liabilities6.76M8.35M17.49M15.41M29.67M48.10M52.26M74.36M70.82M
Total Equity24.39M33.38M54.04M151.72M227.05M363.04M382.91M517.83M542.07M
Cash10.36M17.86M42.19M112.75M144.36M256.73M257.23M334.65M342.06M
Total Debt-----8.14M11.00M12.63M17.04M
Net Debt-10.36M-17.86M-42.19M-112.75M-144.36M-248.59M-246.23M-322.03M-325.02M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.54M10.58M12.53M5.93M17.97M31.65M41.09M30.20M40.60M
Investing Cash Flow-1.06M-3.08M-2.81M-18.34M-35.37M-16.32M-25.95M-51.30M-15.14M
Financing Cash Flow-4.71M221.31M14.60M82.97M49.13M97.76M-16.32M101.16M-19.94M
Capital Expenditure1.06M3.08M2.81M2.25M4.72M6.07M7.87M11.77M15.33M
Free Cash Flow4.48M7.50M9.72M3.68M13.26M25.58M33.22M18.43M25.27M
Dividends Paid3.03M2.00M2.00M005.75M---
FCF to OCF80.90%70.91%77.57%62.04%73.76%80.83%80.85%61.04%62.23%
Dividend Paid to FCF67.69%26.65%20.57%0.00%0.00%22.50%---

Earnings

Report DateNov 16, 2018Mar 20, 2019May 15, 2019Aug 14, 2019Nov 13, 2019Mar 4, 2020May 11, 2020Aug 6, 2020Nov 5, 2020Mar 4, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 3, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 20, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 19, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.00----0.100.06-0.06-0.010.030.030.060.080.080.040.090.120.110.080.080.080.080.070.070.090.100.090.100.090.100.080.020.04
EPS Actual0.020.020.030.040.01-0.930.050.010.050.040.050.100.110.100.100.120.150.140.080.090.080.070.070.080.100.120.110.100.090.100.090.07-
Surprise------1030.00%-16.67%116.67%600.00%33.33%66.67%66.67%37.50%25.00%150.00%33.33%25.00%27.27%0.00%12.50%0.00%-12.50%0.00%14.29%11.11%20.72%22.22%0.00%0.00%4.93%12.50%250.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap625.49M
Enterprise Value342.96M
Trailing P/E257.00
Forward P/E131.58
Price / Sales1.48
Price / Book1.20
EPS0.03
Book Value6.41
Revenue (TTM)422.58M
Gross Profit (TTM)146.70M
EBITDA26.36M
Profit Margin0.68%
Operating Margin3.62%
Return on Equity0.54%
Return on Assets0.60%
Shares Outstanding81.13M
Shares Float55.94M
Beta0.89
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 9.20
  • Strong Buy
    3
  • Buy
    2

Ownership Breakdown

Institutions
77.73%
Insiders
23.43%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    11.78M14.52%
  • Alyeska Investment Group, L.P.
    5.25M6.48%
  • BAMCO Inc
    3.00M3.70%
  • State Street Corp
    2.92M3.59%
  • Vanguard Capital Management, LLC
    2.82M3.48%
  • Vanguard Portfolio Management, LLC
    2.78M3.43%
  • T. Rowe Price Investment Management,Inc.
    2.57M3.16%
  • AllianceBernstein L.P.
    2.27M2.80%
  • Morgan Stanley - Brokerage Accounts
    1.87M2.30%
  • Federated Hermes Inc
    1.75M2.15%
  • Geode Capital Management, LLC
    1.61M1.98%
  • Royal Bank of Canada
    1.31M1.62%
  • Jacobs Levy Equity Management, Inc.
    1.16M1.43%
  • Bastion Asset Management Inc.
    1.13M1.40%

Top Fund Holders

  • Baron Small Cap Retail
    3.00M3.70%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.99M2.45%
  • iShares Russell 2000 ETF
    1.75M2.15%
  • Vanguard Information Technology ETF
    1.71M2.10%
  • T. Rowe Price Small-Cap Value
    1.64M2.02%
  • T. Rowe Price US Smlr Coms Eq A
    1.33M1.64%