Grid Dynamics Holdings (GDYN) Change in Receivables (2019 - 2026)
Grid Dynamics Holdings' Change in Receivables was $7.16 million in Q2 2026, compared with -$3.96 million a year earlier and down 12.9% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) Change in Receivables (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Grid Dynamics Holdings' Change in Receivables was $17.77 million through Jun 30, 2026, up 15.2% year-over-year; for FY2025, it was $11.15 million, up 17.5% from FY2024.
- Change in Receivables shows a five-year compound annual growth rate of 51.0% (FY2020 to FY2025).
- In earlier years, Change in Receivables was $9.49 million in FY2024, -$2.08 million in FY2023, $9.85 million in FY2022 (-47.2%) and $18.68 million in FY2021.
- Quarterly Change in Receivables has moved between -$4.03 million (Q2 2023) and $12.72 million (Q1 2025) over five years.
- The best year-over-year quarter for Change in Receivables over five years was Q3 2022 (growth of 226.2%); the worst was Q2 2022 (a decline of 50.6%).
- Per Business Quant data, GDYN's Change in Receivables in the three quarters before Q2 2026 was $8.22 million (Q1 2026), -$3.23 million (Q4 2025) and $5.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 131.00 Mn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | 1.15 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | 883.90 Mn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 2.06 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | 1.40 Bn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | -162.00 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | - |
| 10 | Grid Dynamics Holdings | 638.86 Mn | -667.64 Mn | 39.62 Mn | 7.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.16 Mn |
| Mar 31, 2026 | 8.22 Mn |
| Dec 31, 2025 | -3.23 Mn |
| Sep 30, 2025 | 5.62 Mn |
| Jun 30, 2025 | -3.96 Mn |
| Mar 31, 2025 | 12.72 Mn |
| Dec 31, 2024 | -191,000.00 |
| Sep 30, 2024 | 6.86 Mn |
| Jun 30, 2024 | -2.40 Mn |
| Mar 31, 2024 | 5.22 Mn |
| Dec 31, 2023 | 1.00 Mn |
| Sep 30, 2023 | -1.67 Mn |
| Jun 30, 2023 | -4.03 Mn |
| Mar 31, 2023 | 2.61 Mn |
| Dec 31, 2022 | -1.37 Mn |
| Sep 30, 2022 | 5.77 Mn |
| Jun 30, 2022 | 2.88 Mn |
| Mar 31, 2022 | 2.57 Mn |
| Dec 31, 2021 | 8.13 Mn |
| Sep 30, 2021 | 1.77 Mn |
API Access
Grid Dynamics Holdings Change in Receivables 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=change-in-receivables&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();