Grid Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Grid Dynamics Holdings
GDYN Stock  USD 9.27  0.07  0.76%   
Grid Dynamics' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Grid Dynamics' valuation are provided below:
Gross Profit
143.3 M
Profit Margin
0.0342
Market Capitalization
786.1 M
Enterprise Value Revenue
1.1362
Revenue
406 M
We have found one hundred twenty available fundamental trends for Grid Dynamics Holdings, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Grid Dynamics' regular fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 26th of December 2025, Market Cap is likely to grow to about 1.6 B, while Enterprise Value is likely to drop about 634.1 M.

Grid Dynamics Total Revenue

216.89 Million

Check Grid Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grid Dynamics' main balance sheet or income statement drivers, such as Tax Provision of 4 M, Depreciation And Amortization of 19.7 M or Interest Expense of 1.1 M, as well as many indicators such as Price To Sales Ratio of 3.7, Dividend Yield of 0.004 or PTB Ratio of 3.16. Grid financial statements analysis is a perfect complement when working with Grid Dynamics Valuation or Volatility modules.
  
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Check out the analysis of Grid Dynamics Correlation against competitors.

Grid Dynamics Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets621.8 M592.2 M177.9 M
Slightly volatile
Other Current Liabilities39.9 M38 M13.7 M
Slightly volatile
Total Current Liabilities58.3 M55.5 M19 M
Slightly volatile
Total Stockholder Equity543.7 M517.8 M154.3 M
Slightly volatile
Net Tangible Assets357 M340 M116.6 M
Slightly volatile
Property Plant And Equipment Net27.4 M26.1 M7.4 M
Slightly volatile
Accounts Payable2.2 M4.1 M1.2 M
Slightly volatile
Cash351.4 M334.7 M100 M
Slightly volatile
Non Current Assets Total177.3 M168.9 M41.8 M
Slightly volatile
Other Assets3 M6 M2.1 M
Slightly volatile
Cash And Short Term Investments351.4 M334.7 M100 M
Slightly volatile
Net Receivables39.7 M69.4 M25.9 M
Slightly volatile
Common Stock Shares Outstanding59.7 M80 M33.3 M
Slightly volatile
Liabilities And Stockholders Equity621.8 M592.2 M177.9 M
Slightly volatile
Inventory1.091.15519.6 K
Slightly volatile
Other Current Assets20.2 M19.3 M8.1 M
Slightly volatile
Total Liabilities78.1 M74.4 M23.6 M
Slightly volatile
Total Current Assets444.5 M423.3 M136.1 M
Slightly volatile
Intangible Assets50.3 M47.9 M11.9 M
Slightly volatile
Property Plant Equipment17.4 M16.6 M5.5 M
Slightly volatile
Current Deferred Revenue912.8 K1.5 M635 K
Slightly volatile
Non Current Liabilities Total9.7 M18.8 M8.3 M
Slightly volatile
Capital Surpluse256.1 M243.9 M82.7 M
Slightly volatile
Net Invested Capital271.9 M517.8 M141.8 M
Slightly volatile
Property Plant And Equipment Gross53.4 M50.8 M12 M
Slightly volatile
Net Working Capital205.7 M367.8 M109.1 M
Slightly volatile
Short Term Debt5.4 M5.4 M6.7 M
Pretty Stable
Common Stock6.8 K7.2 K117.7 M
Slightly volatile
Common Stock Total Equity5.1 K8.1 K3.7 K
Slightly volatile
Short Term Investments179.2 M201.6 M219.8 M
Slightly volatile
Other Liabilities3.7 M4.3 M2.7 M
Slightly volatile
Retained Earnings Total Equity15.2 M13.6 M20.3 M
Slightly volatile
Deferred Long Term Liabilities3.5 M5 M2.8 M
Slightly volatile
Short and Long Term Debt Total11.6 M12.6 M8.8 M
Slightly volatile

Grid Dynamics Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization19.7 M18.7 M4.8 M
Slightly volatile
Selling General Administrative57.4 M82.1 M35.2 M
Slightly volatile
Selling And Marketing Expenses15.3 M28.6 M9 M
Slightly volatile
Total Revenue216.9 M350.6 M143.1 M
Slightly volatile
Gross Profit83.6 M127 M56.3 M
Slightly volatile
Other Operating Expenses217.1 M352.7 M137.4 M
Slightly volatile
Research Development10.4 M18.3 M6.2 M
Slightly volatile
Cost Of Revenue133.3 M223.6 M86.7 M
Slightly volatile
Total Operating Expenses83.8 M129.1 M50.7 M
Slightly volatile
Reconciled Depreciation19.7 M18.7 M4.7 M
Slightly volatile
Interest Income6.6 M13.2 M2.9 M
Slightly volatile
Net Interest Income8.8 M13.2 M2.5 M
Slightly volatile

Grid Dynamics Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation25.9 M34.2 M13.7 M
Slightly volatile
Free Cash Flow15.9 M18.4 M10.2 M
Slightly volatile
Begin Period Cash Flow270.1 M257.2 M74.8 M
Slightly volatile
Depreciation19.7 M18.7 M4.8 M
Slightly volatile
Capital Expenditures12.4 M11.8 M3.7 M
Slightly volatile
Total Cash From Operating Activities21.4 M30.2 M13.5 M
Slightly volatile
End Period Cash Flow351.9 M335.2 M100.1 M
Slightly volatile
Change To Netincome69.4 M66.1 M19.7 M
Slightly volatile
Cash And Cash Equivalents Changes40.9 M28.6 M58.8 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.74.91432.8626
Slightly volatile
Dividend Yield0.0040.00420.0309
Slightly volatile
PTB Ratio3.163.3274.1706
Pretty Stable
Days Sales Outstanding52.572.226263.9137
Very volatile
Book Value Per Share7.026.68474.2826
Pretty Stable
Free Cash Flow Yield0.01020.01070.0512
Slightly volatile
Operating Cash Flow Per Share0.450.38980.6749
Slightly volatile
Stock Based Compensation To Revenue0.07940.09750.0593
Slightly volatile
Capex To Depreciation1.220.6281.3307
Slightly volatile
PB Ratio3.163.3274.1706
Pretty Stable
EV To Sales3.23.99572.461
Slightly volatile
Free Cash Flow Per Share0.340.23790.5349
Slightly volatile
Inventory Turnover79.2339.8102
Slightly volatile
Days Of Inventory On Hand4.587.434.5463
Slightly volatile
Payables Turnover93.3254.9437120
Slightly volatile
Sales General And Administrative To Revenue0.20.23430.2172
Slightly volatile
Research And Ddevelopement To Revenue0.03670.05230.0375
Slightly volatile
Capex To Revenue0.01930.03360.0198
Slightly volatile
Cash Per Share2.44.32012.4718
Slightly volatile
POCF Ratio42.4357.050933.2988
Slightly volatile
Payout Ratio0.230.210.212
Slightly volatile
Capex To Operating Cash Flow0.220.38960.2299
Slightly volatile
PFCF Ratio60.8593.469146.9318
Slightly volatile
Days Payables Outstanding4.026.64323.7415
Slightly volatile
EV To Operating Cash Flow36.5846.386928.4608
Slightly volatile
EV To Free Cash Flow52.3375.997840.066
Slightly volatile
Intangibles To Total Assets0.230.22180.0792
Slightly volatile
Current Ratio5.817.62115.8682
Slightly volatile
Tangible Book Value Per Share2.524.98943.6383
Slightly volatile
Receivables Turnover6.165.05365.6952
Very volatile
Graham Number6.113.229.2618
Slightly volatile
Shareholders Equity Per Share7.026.68474.2826
Pretty Stable
Debt To Equity0.02020.02440.0228
Pretty Stable
Capex Per Share0.07840.15190.1381
Slightly volatile
Graham Net Net2.44.03182.6692
Slightly volatile
Revenue Per Share4.984.52558.2012
Slightly volatile
Interest Debt Per Share0.110.1630.1218
Slightly volatile
Debt To Assets0.01770.02130.0201
Pretty Stable
Short Term Coverage Ratios3.365.57163.0259
Slightly volatile
Operating Cycle55.3772.226265.8833
Pretty Stable
Price Book Value Ratio3.163.3274.1706
Pretty Stable
Days Of Payables Outstanding4.026.64323.7415
Slightly volatile
Dividend Payout Ratio0.230.210.212
Slightly volatile
Price To Operating Cash Flows Ratio42.4357.050933.2988
Slightly volatile
Price To Free Cash Flows Ratio60.8593.469146.9318
Slightly volatile
Company Equity Multiplier1.311.14361.234
Slightly volatile
Total Debt To Capitalization0.01960.02380.0223
Pretty Stable
Debt Equity Ratio0.02020.02440.0228
Pretty Stable
Quick Ratio5.757.62115.8326
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.692.56652.4383
Slightly volatile
Cash Ratio4.176.0253.5354
Slightly volatile
Cash Conversion Cycle70.665.58363.345
Slightly volatile
Operating Cash Flow Sales Ratio0.07580.08610.0864
Slightly volatile
Days Of Inventory Outstanding4.587.434.5463
Slightly volatile
Days Of Sales Outstanding52.572.226263.9137
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.80.61040.7714
Slightly volatile
Cash Flow Coverage Ratios3.672.39193.7714
Slightly volatile
Price To Book Ratio3.163.3274.1706
Pretty Stable
Fixed Asset Turnover12.7513.418539.5371
Slightly volatile
Capital Expenditure Coverage Ratio4.482.56654.6072
Slightly volatile
Price Cash Flow Ratio42.4357.050933.2988
Slightly volatile
Debt Ratio0.01770.02130.0201
Pretty Stable
Cash Flow To Debt Ratio3.672.39193.7714
Slightly volatile
Price Sales Ratio3.74.91432.8626
Slightly volatile
Asset Turnover0.560.5921.6327
Slightly volatile
Gross Profit Margin0.440.36230.4111
Slightly volatile
Price Fair Value3.163.3274.1706
Pretty Stable

Grid Dynamics Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.6 B940.2 M
Slightly volatile
Enterprise Value634.1 M1.3 B766.8 M
Slightly volatile

Grid Fundamental Market Drivers

Forward Price Earnings131.5789
Cash And Short Term Investments334.7 M

Grid Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Grid Dynamics Financial Statements

Grid Dynamics investors utilize fundamental indicators, such as revenue or net income, to predict how Grid Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.5 M912.8 K
Total Revenue350.6 M216.9 M
Cost Of Revenue223.6 M133.3 M
Stock Based Compensation To Revenue 0.10  0.08 
Sales General And Administrative To Revenue 0.23  0.20 
Research And Ddevelopement To Revenue 0.05  0.04 
Capex To Revenue 0.03  0.02 
Revenue Per Share 4.53  4.98 
Ebit Per Revenue(0.01)(0.01)

Pair Trading with Grid Dynamics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grid Dynamics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grid Dynamics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Grid Stock

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Moving against Grid Stock

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The ability to find closely correlated positions to Grid Dynamics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grid Dynamics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grid Dynamics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grid Dynamics Holdings to buy it.
The correlation of Grid Dynamics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grid Dynamics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grid Dynamics Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grid Dynamics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:
How To Invest In Grid
Details
Is Grid Stock a good investment?
Details
What is Grid Dynamics' Net Worth?
Details
Largest Internet Services & Infrastructure Companies
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Largest Information Technology Services Companies
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Check out the analysis of Grid Dynamics Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grid Dynamics. If investors know Grid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
0.17
Revenue Per Share
4.865
Quarterly Revenue Growth
0.191
Return On Assets
0.0041
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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