GRID DYNAMICS HOLDINGS, INC.

GRID DYNAMICS HOLDINGS, INC.GDYNEarnings & Financial Report

Nasdaq · Information Technology · Services-Prepackaged Software

Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.

GDYN Q1 FY2026 Key Financial Metrics

Revenue

$104.1M

Gross Profit

$36.2M

Operating Profit

$64.2M

Net Profit

$-1.5M

Gross Margin

34.8%

Operating Margin

61.7%

Net Margin

-1.4%

YoY Growth

3.7%

EPS

$-0.02

GRID DYNAMICS HOLDINGS, INC. Q1 FY2026 Financial Summary

GRID DYNAMICS HOLDINGS, INC. reported revenue of $104.1M (up 3.7% YoY) for Q1 FY2026, with a net profit of $-1.5M (down 150.6% YoY) (-1.4% margin). Cost of goods sold was $67.9M.

Key Financial Metrics

Total Revenue$104.1M
Net Profit$-1.5M
Gross Margin34.8%
Operating Margin61.7%
Report PeriodQ1 FY2026

GRID DYNAMICS HOLDINGS, INC. Annual Revenue by Year

GRID DYNAMICS HOLDINGS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $411.8M).

YearAnnual Revenue
2025$411.8Mvs 2024
2024$350.6Mvs 2023
2023$312.9Mvs 2022
2022$310.5M

GRID DYNAMICS HOLDINGS, INC. Quarterly Revenue & Net Profit History

GRID DYNAMICS HOLDINGS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$104.1M+3.7%$-1.5M-1.4%
Q4 FY2025$106.2M+5.9%$306.0K0.3%
Q3 FY2025$104.2M+19.1%$1.2M1.1%
Q2 FY2025$101.1M+21.7%$5.3M5.2%
Q1 FY2025$100.4M+25.8%$2.9M2.9%
Q4 FY2024$100.3M+28.5%$4.5M4.5%
Q3 FY2024$87.4M+12.9%$4.3M4.9%
Q2 FY2024$83.0M+7.4%$-817.0K-1.0%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$83.0M$87.4M$100.3M$100.4M$101.1M$104.2M$106.2M$104.1M
YoY Growth7.4%12.9%28.5%25.8%21.7%19.1%5.9%3.7%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$443.6M$477.3M$592.2M$590.9M$608.9M$613.2M$612.9M$605.0M
Liabilities$55.2M$77.0M$74.4M$73.5M$76.7M$75.4M$70.8M$74.9M
Equity$388.4M$400.2M$517.8M$517.4M$532.2M$537.7M$542.1M$530.1M

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$10.7M$9.2M$7.1M$9.4M$14.4M$7.0M$9.9M