GRID DYNAMICS HOLDINGS, INC.
For the period ended Mar 5, 2026. Filed Mar 5, 2026.
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Mar 5, 2026 · Filed Mar 5, 2026
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GDYN$13.10-3.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended December 31, | Year EndedDecember 31, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | $106,154 | $100,282 | $411,827 | $350,571 |
| Cost of revenues | 70,017 | 63,234 | 269,479 | 223,566 |
| Gross profit | 36,137 | 37,048 | 142,348 | 127,005 |
| Operating expenses | ||||
| Engineering, research, and development | 4,676 | 5,402 | 23,665 | 18,347 |
| Sales and marketing | 7,320 | 7,227 | 30,032 | 28,622 |
| General and administrative | 23,635 | 23,158 | 90,546 | 82,141 |
| Total operating expenses | 35,631 | 35,787 | 144,243 | 129,110 |
| Income/(loss) from operations | 506 | 1,261 | (1,895) | (2,105) |
| Interest and other income, net | 2,302 | 4,504 | 17,596 | 13,160 |
| Income before income taxes | 2,808 | 5,765 | 15,701 | 11,055 |
| Provision for income taxes | 2,502 | 1,241 | 6,033 | 7,014 |
| Net income | $306 | $4,524 | $9,668 | $4,041 |
| Income per share | ||||
| Basic | $0.00 | $0.06 | $0.11 | $0.05 |
| Diluted | $0.00 | $0.05 | $0.11 | $0.05 |
| Weighted average shares outstanding | ||||
| Basic | 84,752 | 80,386 | 84,539 | 77,465 |
| Diluted | 86,442 | 83,808 | 86,892 | 79,974 |
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