Grid Dynamics Holdings (GDYN) Accounts Payables (2018 - 2026)
Grid Dynamics Holdings (GDYN) posted Accounts Payables of $5.15 million for Q2 2026, down 18.2% from $6.3 million a year earlier but up 19.0% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) Accounts Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Grid Dynamics Holdings' Accounts Payables came in at $3.7 million, down 9.1% from FY2024.
- Annual Accounts Payables shows a five-year compound annual growth rate of 37.3% (FY2020 to FY2025).
- In prior years, Grid Dynamics Holdings' Accounts Payables was $4.07 million in FY2024 (+12.4%), $3.62 million in FY2023 (-7.1%), $3.9 million in FY2022 (+89.8%) and $2.05 million in FY2021 (+171.2%).
- Quarterly Accounts Payables has run from a low of $1.77 million in Q3 2021 to a high of $6.3 million in Q2 2025 over five years.
- On a year-over-year basis, Accounts Payables has declined in each of the last three quarters, with growth averaging 26.6% over the last eight quarters.
- The strongest year-over-year quarter for Accounts Payables in the past five years was Q3 2021, with growth of 242.1%; the weakest was Q2 2024, with a decline of 47.5%.
- According to Business Quant data, Accounts Payables for the three prior quarters was $4.33 million (Q1 2026), $3.7 million (Q4 2025) and $5.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.15 Bn | 43.21 Bn | 1.60 Bn | 463.00 Mn |
| 2 | Cognizant Technology Solutions | 25.69 Bn | 18.86 Bn | 1.83 Bn | 357.00 Mn |
| 3 | Td Synnex | 20.64 Bn | 14.68 Bn | 1.34 Bn | 21.18 Bn |
| 4 | Cdw | 16.25 Bn | 14.24 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Cgi | 15.05 Bn | 12.83 Bn | - | 809.53 Mn |
| 6 | Arrow Electronics | 11.71 Bn | 10.74 Bn | 1.13 Bn | 27.11 Bn |
| 7 | Avnet | 8.41 Bn | 7.59 Bn | 865.03 Mn | 6.05 Bn |
| 8 | Ingram Micro Holding | 6.34 Bn | 1.95 Bn | 958.68 Mn | 11.80 Bn |
| 9 | EPAM Systems | 5.52 Bn | 1.16 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Grid Dynamics Holdings | 619.41 Mn | -687.10 Mn | 39.62 Mn | 5.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.15 Mn |
| Mar 31, 2026 | 4.33 Mn |
| Dec 31, 2025 | 3.70 Mn |
| Sep 30, 2025 | 5.57 Mn |
| Jun 30, 2025 | 6.30 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 31, 2024 | 4.07 Mn |
| Sep 30, 2024 | 3.72 Mn |
| Jun 30, 2024 | 2.79 Mn |
| Mar 31, 2024 | 2.94 Mn |
| Dec 31, 2023 | 3.62 Mn |
| Sep 30, 2023 | 3.72 Mn |
| Jun 30, 2023 | 5.30 Mn |
| Mar 31, 2023 | 3.21 Mn |
| Dec 31, 2022 | 3.90 Mn |
| Sep 30, 2022 | 4.48 Mn |
| Jun 30, 2022 | 3.39 Mn |
| Mar 31, 2022 | 2.21 Mn |
| Dec 31, 2021 | 2.05 Mn |
| Sep 30, 2021 | 1.77 Mn |
API Access
Grid Dynamics Holdings Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "GDYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();