Grid Dynamics (GDYN) Financials: Revenue & Earnings
GDYN$8.44-0.22 -2.54%
$684.71M
Market Cap
314.55
P/E
18.11
Forward P/E
45
Score
Grid Dynamics (GDYN) Financials: Revenue & Earnings
GDYN price $8.44 -0.22 -2.54%
- Ticker
- GDYN
- Price
- $8.44
- Change
- -0.22 -2.54%
- Market cap ?
- $684.71M
- P/E ?
- 314.55
- Forward P/E ?
- 18.11
- Dividend yield ?
- 0.00%
- Beta ?
- 0.96
- Sector
- Technology
- Industry
- Information Technology Services
- Stocklytics score
- 45
- Value
- 41
- Quality
- 49
- Growth
- 44
Stocklytics score rationale: value 41, quality 49, growth 44.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| 70684000 | 91865000 | 118326000 | 111283000 | 211280000 | 310482000 | 312910000 | 350571000 | 411827000 |
Grid Dynamics Holdings, Inc., along with its affiliated entities, specializes in delivering comprehensive digital transformation services. The company provides expertise in crucial areas such as advanced search capabilities, data analytics, and automated release processes. Its clientele primarily consists of Fortune 1000 organizations across North America, Europe, and various international markets. Grid Dynamics…
Fair value
GDYN fair value $14.05. Price $8.44. Price is 40% below fair value.
Above fair value, and more expensive than usual. A larger premium than on 76% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 25.64M. Growth 8.75%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.60% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 81.13M. Net debt -325.02M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-29 | — | 0.12 | — | 112.77M |
| 2026-07-30 | 0.11 | 0.10 | 108.16M | 106.55M |
| 2026-04-30 | 0.09 | 0.08 | 104.10M | 103.32M |
| 2026-03-05 | 0.10 | 0.09 | 106.15M | 105.93M |
| 2025-10-30 | 0.09 | 0.09 | 104.16M | 105.92M |
| 2025-07-31 | 0.10 | 0.10 | 101.09M | 105.54M |
| 2025-05-01 | 0.11 | 0.09 | 100.42M | 98.36M |
| 2025-02-20 | 0.12 | 0.10 | 100.28M | 96.00M |
| 2024-10-31 | 0.10 | 0.10 | 87.44M | 96.12M |
| 2024-08-01 | 0.08 | 0.07 | 83.04M | 81.09M |
| 2024-05-02 | 0.07 | 0.08 | 79.82M | 77.87M |
| 2024-02-22 | 0.07 | 0.08 | 78.07M | 76.59M |
| 2023-11-02 | 0.08 | 0.08 | 77.42M | 76.67M |
| 2023-08-03 | 0.09 | 0.08 | 77.34M | 76.69M |
| 2023-05-04 | 0.08 | 0.08 | 80.08M | 79.65M |
| 2023-02-23 | 0.14 | 0.11 | 80.58M | 77.65M |
| 2022-11-03 | 0.15 | 0.12 | 81.16M | 79.35M |
| 2022-08-04 | 0.12 | 0.09 | 77.33M | 73.25M |
| 2022-05-05 | 0.10 | 0.05 | 71.41M | 63.55M |
| 2022-03-03 | 0.10 | 0.09 | 66.54M | 58.79M |
| 2021-11-04 | 0.11 | 0.08 | 57.93M | 50.91M |
| 2021-08-05 | 0.10 | 0.06 | 47.68M | 39.33M |
| 2021-05-06 | 0.05 | 0.02 | 39.13M | 32.29M |
| 2021-03-04 | 0.04 | 0.03 | 30.13M | — |
| 2020-11-05 | 0.05 | 0.01 | 26.33M | 165.89M |
| 2020-08-06 | 0.01 | -0.06 | 22.37M | 43.62M |
| 2020-05-11 | 0.05 | 0.06 | 32.46M | 43.28M |
| 2020-03-04 | -0.93 | 0.10 | 32.00M | — |
| 2019-11-13 | 0.09 | — | 31.42M | — |
| 2019-08-14 | 0.07 | — | 28.63M | — |
| 2019-05-15 | 0.01 | — | 26.28M | — |
| 2019-03-20 | 0.08 | — | 25.49M | — |
| 2018-11-16 | -0.00 | — | — | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-08 | Gryzlov Yury | Sell | 4.85K | $8.00 | 38.79K |
| 2026-10-02 | Gryzlov Yury | Sell | 1.25K | $8.46 | 10.53K |
| 2026-10-01 | Doradla Anil | Sell | 2.11K | $8.38 | 17.69K |
| 2026-10-01 | Gryzlov Yury | Sell | 1.69K | $8.38 | 14.13K |
| 2026-10-01 | Livschitz Leonard | Sell | 35.97K | $8.38 | 301.41K |
| 2026-09-03 | Gryzlov Yury | Sell | 3.92K | $8.00 | 31.34K |
| 2026-08-21 | Livschitz Leonard | Sell | 174 | $7.96 | 1.39K |
| 2026-08-18 | Gryzlov Yury | Sell | 467 | $7.53 | 3.52K |
| 2026-08-14 | Livschitz Leonard | Sell | 252 | $7.65 | 1.93K |
| 2026-08-14 | Gryzlov Yury | Sell | 632 | $7.75 | 4.90K |
| 2026-08-13 | Gryzlov Yury | Sell | 3.93K | $8.00 | 31.44K |
| 2026-08-07 | Zhang Shuo | Sell | 5.13K | — | — |
| 2026-07-28 | Doradla Anil | Sell | 667 | $6.14 | 4.10K |
| 2026-07-02 | Gryzlov Yury | Sell | 1.25K | $6.29 | 7.83K |
| 2026-07-02 | Livschitz Leonard | Sell | 35.97K | $6.24 | 224.44K |
| 2026-07-01 | Livschitz Leonard | Sell | 35.97K | $6.24 | 224.44K |
| 2026-07-01 | Gryzlov Yury | Sell | 1.69K | $6.24 | 10.52K |
| 2026-07-01 | Doradla Anil | Sell | 2.12K | $6.24 | 13.22K |
| 2026-06-01 | Gryzlov Yury | Sell | 4.43K | $8.00 | 35.48K |
| 2026-05-22 | Livschitz Leonard | Sell | 162 | $7.08 | 1.15K |
| 2026-05-15 | Livschitz Leonard | Sell | 236 | $6.45 | 1.52K |
| 2026-05-15 | Gryzlov Yury | Sell | 467 | $6.45 | 3.01K |
| 2026-05-14 | Gryzlov Yury | Sell | 632 | $6.47 | 4.09K |
| 2026-04-28 | Doradla Anil | Sell | 702 | $5.60 | 3.93K |
| 2026-04-02 | Gryzlov Yury | Sell | 1.25K | $5.54 | 6.90K |
| 2026-04-01 | Livschitz Leonard | Sell | 35.97K | $5.64 | 202.86K |
| 2026-04-01 | Doradla Anil | Sell | 2.11K | $5.64 | 11.89K |
| 2026-04-01 | Gryzlov Yury | Sell | 1.69K | $5.64 | 9.51K |
| 2026-03-10 | Gryzlov Yury | Sell | 21.27K | $6.22 | 132.27K |
| 2026-02-21 | Livschitz Leonard | Sell | 178 | $6.81 | 1.21K |
| 2026-02-14 | Gryzlov Yury | Sell | 2.63K | $6.58 | 17.30K |
| 2026-02-14 | Livschitz Leonard | Sell | 1.02K | $6.58 | 6.74K |
| 2026-02-10 | Gryzlov Yury | Sell | 17.31K | $6.94 | 120.13K |
| 2026-02-10 | Gryzlov Yury | Sell | 8.65K | $6.94 | 60.06K |
| 2026-02-10 | Doradla Anil | Sell | 22.12K | $6.94 | 153.55K |
| 2026-02-10 | Livschitz Leonard | Sell | 355.12K | $6.94 | 2.46M |
| 2026-02-07 | Gryzlov Yury | Buy | 32.91K | — | — |
| 2026-02-07 | Gryzlov Yury | Buy | 65.82K | — | — |
| 2026-02-07 | Doradla Anil | Buy | 49.37K | — | — |
| 2026-02-07 | Livschitz Leonard | Buy | 658.24K | — | — |
| 2026-01-28 | Doradla Anil | Sell | 765 | $8.28 | 6.33K |
| 2026-01-20 | Livschitz Leonard | Sell | 10.00K | $9.00 | 90.00K |
| 2026-01-07 | Doradla Anil | Sell | 2.00K | $10.00 | 20.00K |
| 2026-01-06 | Livschitz Leonard | Sell | 10.00K | $9.70 | 97.00K |
| 2026-01-01 | Gryzlov Yury | Buy | 36.00K | — | — |
| 2026-01-01 | Gryzlov Yury | Sell | 1.75K | $9.03 | 15.83K |
| 2026-01-01 | Livschitz Leonard | Buy | 360.00K | — | — |
| 2026-01-01 | Livschitz Leonard | Sell | 37.03K | $9.03 | 334.43K |
| 2026-01-01 | Doradla Anil | Buy | 36.00K | — | — |
| 2026-01-01 | Doradla Anil | Sell | 2.38K | $9.03 | 21.46K |
| 2025-12-23 | CARNEY LLOYD | Buy | 2.31K | — | — |
| 2025-12-23 | Livschitz Leonard | Sell | 10.00K | $9.33 | 93.30K |
| 2025-12-23 | Zhang Shuo | Buy | 5.98K | — | — |
| 2025-12-23 | Zhang Shuo | Buy | 11.41K | — | — |
| 2025-12-23 | Nicolet Patrick | Buy | 4.35K | — | — |
| 2025-12-23 | Nicolet Patrick | Buy | 8.15K | — | — |
| 2025-12-23 | Wang Yueou | Buy | 4.35K | — | — |
| 2025-12-23 | Wang Yueou | Buy | 8.15K | — | — |
| 2025-12-23 | Southworth Michael Christopher | Buy | 6.52K | — | — |
| 2025-12-23 | Southworth Michael Christopher | Buy | 12.50K | — | — |
| 2025-12-23 | CARNEY LLOYD | Buy | 9.24K | — | — |
| 2025-12-23 | CARNEY LLOYD | Buy | 19.02K | — | — |
| 2025-12-23 | Wang Weihang | Buy | 4.35K | — | — |
| 2025-12-23 | Wang Weihang | Buy | 8.15K | — | — |
| 2025-12-23 | Levinson Marina | Buy | 5.98K | — | — |
| 2025-12-23 | Levinson Marina | Buy | 11.41K | — | — |
| 2025-12-23 | BENHAMOU ERIC | Buy | 8.70K | — | — |
| 2025-12-23 | BENHAMOU ERIC | Buy | 19.02K | — | — |
| 2025-12-15 | Zhang Shuo | Sell | 3.00K | $9.75 | 29.25K |
| 2025-12-09 | Livschitz Leonard | Sell | 10.00K | $9.70 | 97.00K |
| 2025-12-09 | Doradla Anil | Sell | 4.37K | $10.00 | 43.68K |
| 2025-12-05 | Gryzlov Yury | Sell | 25.00K | $9.66 | 241.50K |
| 2025-12-03 | Livschitz Leonard | Sell | 10.00K | $9.00 | 90.00K |
| 2025-11-24 | Livschitz Leonard | Sell | 142 | $8.61 | 1.22K |
| 2025-10-31 | Gryzlov Yury | Sell | 737 | $9.00 | 6.63K |
| 2025-10-31 | Livschitz Leonard | Sell | 10.00K | $9.00 | 90.00K |
| 2025-10-28 | Doradla Anil | Sell | 2.95K | $8.22 | 24.27K |
| 2025-10-01 | Livschitz Leonard | Sell | 35.90K | $7.82 | 280.75K |
| 2025-10-01 | Doradla Anil | Sell | 2.21K | $7.82 | 17.32K |
| 2025-10-01 | Gryzlov Yury | Sell | 1.75K | $7.82 | 13.71K |
| 2025-08-21 | Livschitz Leonard | Sell | 132 | $8.01 | 1.06K |
| 2025-07-22 | Livschitz Leonard | Sell | 10.00K | $10.60 | 106.00K |
| 2025-07-08 | Livschitz Leonard | Sell | 20.00K | $12.50 | 250.00K |
| 2025-07-08 | Gryzlov Yury | Sell | 2.00K | $12.33 | 24.66K |
| 2025-07-07 | Doradla Anil | Sell | 2.00K | $12.22 | 24.44K |
| 2025-07-02 | Gryzlov Yury | Sell | 737 | $11.82 | 8.71K |
| 2025-07-01 | Gryzlov Yury | Sell | 1.75K | $11.87 | 20.81K |
| 2025-07-01 | Livschitz Leonard | Sell | 35.90K | $11.87 | 426.14K |
| 2025-07-01 | Doradla Anil | Sell | 2.21K | $11.87 | 26.29K |
| 2025-07-01 | Livschitz Leonard | Sell | 10.00K | $12.00 | 120.00K |
| 2025-06-24 | Livschitz Leonard | Sell | 10.00K | $11.67 | 116.70K |
| 2025-06-10 | Livschitz Leonard | Sell | 20.00K | $12.23 | 244.60K |
| 2025-06-09 | Doradla Anil | Sell | 2.00K | $12.34 | 24.68K |
| 2025-06-03 | Gryzlov Yury | Sell | 2.00K | $12.00 | 24.00K |
| 2025-05-27 | Livschitz Leonard | Sell | 20.00K | $13.12 | 262.40K |
| 2025-05-21 | Livschitz Leonard | Sell | 155 | $13.21 | 2.05K |
| 2025-05-13 | Livschitz Leonard | Sell | 30.00K | $15.07 | 452.10K |
| 2025-05-12 | Livschitz Leonard | Sell | 10.00K | $15.00 | 150.00K |
| 2025-05-07 | Doradla Anil | Sell | 2.00K | $13.55 | 27.10K |
| 2025-05-06 | Gryzlov Yury | Sell | 2.00K | $13.22 | 26.44K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 207, holders +6 vs prior quarter. Ownership 74.31%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.68M | -5.11M | -43.33% | 37.92M |
| ALYESKA INVESTMENT GROUP, L.P. | 6.07M | 811.38K | +15.44% | 34.46M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 3.71M | 1.15M | +44.64% | 21.09M |
| BAMCO INC /NY/ | 3.00M | -322 | -0.01% | 17.04M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.80M | -18.87K | -0.67% | 15.92M |
| MORGAN STANLEY | 2.42M | 551.99K | +29.52% | 13.76M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.15M | -626.02K | -22.52% | 12.23M |
| STATE STREET CORP | 2.02M | -897.36K | -30.77% | 11.47M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.76M | 147.27K | +9.15% | 9.98M |
| FEDERATED HERMES, INC. | 1.75M | 302.94K | +21.00% | 9.91M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 1.32M | 157.30K | +13.53% | 7.50M |
| JANE STREET GROUP, LLC | 1.26M | 1.21M | +2618.85% | 7.13M |
| GOLDMAN SACHS GROUP INC | 1.21M | 441.84K | +57.51% | 6.87M |
| ROYAL BANK OF CANADA | 1.12M | -190.16K | -14.49% | 6.38M |
| DIMENSIONAL FUND ADVISORS LP | 1.11M | -292.69K | -20.90% | 6.29M |
| MILLENNIUM MANAGEMENT LLC | 1.09M | 1.09M | New | 6.18M |
| AMERIPRISE FINANCIAL INC | 1.04M | 132.19K | +14.63% | 5.88M |
| FOCUS PARTNERS WEALTH | 1.03M | -8.76K | -0.85% | 5.84M |
| NORTHERN TRUST CORP | 991.74K | 227.70K | +29.80% | 5.63M |
| RIVERBRIDGE PARTNERS LLC | 986.45K | -440.96K | -30.89% | 5.60M |
| CENTERBOOK PARTNERS LP | 825.34K | 40.47K | +5.16% | 4.69M |
| CSM ADVISORS, LLC | 755.78K | 755.78K | New | 4.29M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 746.37K | 746.37K | New | 4.24M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 746.37K | 99.35K | +15.36% | 4.24M |
| S SQUARED TECHNOLOGY, LLC | 636.74K | 0 | 0.00% | 3.62M |
Earnings and financials
Grid Dynamics Holdings, Inc. (GDYN) trades at $8.44, with a market cap of $684.71M and a trailing P/E of 314.55. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| 70684000 | 91865000 | 118326000 | 111283000 | 211280000 | 310482000 | 312910000 | 350571000 | 411827000 |
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