GRID DYNAMICS HOLDINGS, INC.
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
GDYN$14.06+5.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Balance Sheets
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
| As of | ||
|---|---|---|
| June 30,2026 | December 31,2025 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $298,429 | $342,058 |
| Trade receivables, net of allowance of $4,471 and $3,721 as of June 30, 2026 and December 31, 2025, respectively | 95,562 | 79,485 |
| Prepaid expenses and other current assets | 16,312 | 17,987 |
| Total current assets | 410,303 | 439,530 |
| Property and equipment, net | 17,835 | 17,666 |
| Operating lease right-of-use assets, net | 15,946 | 16,383 |
| Intangible assets, net | 48,831 | 41,608 |
| Goodwill | 91,729 | 84,364 |
| Deferred tax assets | 9,793 | 8,865 |
| Other noncurrent assets | 5,931 | 4,474 |
| Total assets | $600,368 | $612,890 |
| Liabilities and equity | ||
| Current liabilities | ||
| Accounts payable | $5,152 | $3,698 |
| Accrued compensation and benefits | 30,035 | 25,555 |
| Operating lease liabilities, current | 5,505 | 6,253 |
| Accrued expenses and other current liabilities | 16,169 | 16,608 |
| Total current liabilities | 56,861 | 52,114 |
| Deferred tax liabilities | 10,452 | 7,920 |
| Operating lease liabilities, noncurrent | 11,203 | 10,783 |
| Contingent consideration, noncurrent | 1,587 | — |
| Other noncurrent liabilities | 340 | — |
| Total liabilities | $80,443 | $70,817 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 110,000 shares authorized; 85,680 and 84,843 issued, 81,074 and 84,642 outstanding, as of June 30, 2026 and December 31, 2025, respectively | $9 | $8 |
| Additional paid-in capital | 553,789 | 545,188 |
| Accumulated deficit | (798) | (2,177) |
| Treasury stock | (30,754) | (2,000) |
| Accumulated other comprehensive income/(loss) | (2,321) | 1,054 |
| Total stockholders’ equity | $519,925 | $542,073 |
| Total liabilities and stockholders’ equity | $600,368 | $612,890 |
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