Grid Dynamics Holdings Net Income

GDYN Stock  USD 7.16  1.13  13.63%   
As of the 4th of February, Grid Dynamics retains the Standard Deviation of 4.26, market risk adjusted performance of (0.05), and Risk Adjusted Performance of (0.01). Grid Dynamics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Grid Dynamics Total Revenue

216.89 Million

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
703 M
Enterprise Value Revenue
0.9064
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 2026 to make sure the company can sustain itself down the road. As of the 4th of February 2026, Market Cap is likely to grow to about 1.6 B, while Enterprise Value is likely to drop about 634.1 M. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income From Continuing Ops3.6 M3.8 M
Net Loss-26.3 M-25 M
Net Income3.6 M3.8 M
Net Income Per Share 0.06  0.06 
Net Income Per E B T 0.42  0.40 
At this time, Grid Dynamics' Net Income From Continuing Ops is very stable compared to the past year. As of the 4th of February 2026, Net Income is likely to grow to about 3.8 M, though Net Loss is likely to grow to (25 M).
  
Build AI portfolio with Grid Stock
Evaluating Grid Dynamics's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Grid Dynamics Holdings's fundamental strength.

Latest Grid Dynamics' Net Income Growth Pattern

Below is the plot of the Net Income of Grid Dynamics Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Grid Dynamics Holdings financial statement analysis. It represents the amount of money remaining after all of Grid Dynamics Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Grid Dynamics' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grid Dynamics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.04 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Grid Net Income Regression Statistics

Arithmetic Mean5,042,685
Geometric Mean9,228,831
Coefficient Of Variation236.67
Mean Deviation8,832,959
Median10,807,000
Standard Deviation11,934,561
Sample Variance142.4T
Range42.4M
R-Value(0.58)
Mean Square Error101.1T
R-Squared0.33
Significance0.02
Slope(1,366,524)
Total Sum of Squares2278.9T

Grid Net Income History

20263.8 M
20253.6 M
2024M
2023-1.8 M
2022-29.2 M
2021-7.7 M
2020-12.6 M

Other Fundumenentals of Grid Dynamics Holdings

Grid Dynamics Net Income component correlations

Grid Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Grid Dynamics is extremely important. It helps to project a fair market value of Grid Stock properly, considering its historical fundamentals such as Net Income. Since Grid Dynamics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Grid Dynamics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Grid Dynamics' interrelated accounts and indicators.
Will Internet Services & Infrastructure sector continue expanding? Could Grid diversify its offerings? Factors like these will boost the valuation of Grid Dynamics. Market participants price Grid higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Grid Dynamics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
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. Meanwhile, Grid Dynamics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Grid Dynamics 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Grid Dynamics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Grid Dynamics.
0.00
11/06/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/04/2026
0.00
If you would invest  0.00  in Grid Dynamics on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Grid Dynamics Holdings or generate 0.0% return on investment in Grid Dynamics over 90 days. Grid Dynamics is related to or competes with Cantaloupe, Aurora Innovation, Eightco Holdings, Docebo, ChipMOS Technologies, I3 Verticals, and Red Violet. Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services ... More

Grid Dynamics Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Grid Dynamics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Grid Dynamics Holdings upside and downside potential and time the market with a certain degree of confidence.

Grid Dynamics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Grid Dynamics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grid Dynamics' standard deviation. In reality, there are many statistical measures that can use Grid Dynamics historical prices to predict the future Grid Dynamics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grid Dynamics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.037.1610.29
Details
Intrinsic
Valuation
LowRealHigh
4.767.8811.02
Details
Naive
Forecast
LowNextHigh
3.937.0610.18
Details
5 Analysts
Consensus
LowTargetHigh
11.3812.5013.88
Details

Grid Dynamics February 4, 2026 Technical Indicators

Grid Dynamics Holdings Backtested Returns

Grid Dynamics Holdings holds Efficiency (Sharpe) Ratio of -0.09, which attests that the entity had a -0.09 % return per unit of risk over the last 3 months. Grid Dynamics Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grid Dynamics' Market Risk Adjusted Performance of (0.05), standard deviation of 4.26, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.83, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grid Dynamics will likely underperform. At this point, Grid Dynamics Holdings has a negative expected return of -0.28%. Please make sure to check out Grid Dynamics' maximum drawdown, as well as the relationship between the accumulation distribution and price action indicator , to decide if Grid Dynamics Holdings performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.76  

Almost perfect reverse predictability

Grid Dynamics Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Grid Dynamics time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grid Dynamics Holdings price movement. The serial correlation of -0.76 indicates that around 76.0% of current Grid Dynamics price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.34
Residual Average0.0
Price Variance0.37
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Grid Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(3.52 Million)

Grid Dynamics reported last year Accumulated Other Comprehensive Income of (3.35 Million)
Based on the recorded statements, Grid Dynamics Holdings reported net income of 4.04 M. This is 99.25% lower than that of the IT Services sector and 99.47% lower than that of the Information Technology industry. The net income for all United States stocks is 99.29% higher than that of the company.

Grid Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grid Dynamics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grid Dynamics could also be used in its relative valuation, which is a method of valuing Grid Dynamics by comparing valuation metrics of similar companies.
Grid Dynamics is currently under evaluation in net income category among its peers.

Grid Dynamics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Grid Dynamics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Grid Dynamics' managers, analysts, and investors.
Environmental
Governance
Social

Grid Dynamics Institutional Holders

Institutional Holdings refers to the ownership stake in Grid Dynamics that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Grid Dynamics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Grid Dynamics' value.
Shares
Royal Bank Of Canada2025-06-30
1.7 M
Geode Capital Management, Llc2025-06-30
1.6 M
Fourth Sail Capital, Lp2025-06-30
1.6 M
William Blair Investment Management, Llc2025-06-30
1.5 M
Alyeska Investment Group, L.p.2025-06-30
1.3 M
Nuveen, Llc2025-06-30
1.3 M
The Colony Group Llc2025-06-30
M
American Century Companies Inc2025-06-30
M
Morgan Stanley - Brokerage Accounts2025-06-30
914.4 K
Blackrock Inc2025-06-30
10.1 M
Vanguard Group Inc2025-06-30
5.8 M

Grid Fundamentals

About Grid Dynamics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Grid Dynamics Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grid Dynamics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grid Dynamics Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.
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:
Will Internet Services & Infrastructure sector continue expanding? Could Grid diversify its offerings? Factors like these will boost the valuation of Grid Dynamics. Market participants price Grid higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Grid Dynamics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
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. Meanwhile, Grid Dynamics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.