Grid Dynamics Holdings (GDYN) Cost of Revenue (2019 - 2026)

Grid Dynamics Holdings has disclosed Cost of Revenue across 8 years of filings, most recently posting $7.7 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $7.7 million, down 87.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$87.8 million (down 126.94% YoY), and the FY2025 annual result was $30.0 million, down 86.57% from the prior year.
• Cost of Revenue came in at $7.7 million for Q1 2026 at Grid Dynamics Holdings, up from -$169.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $202.2 million in Q4 2024 to a low of -$169.4 million in Q4 2025.
• The 5-year median for Cost of Revenue is $48.3 million (2022), against an average of $32.3 million.
• Across the five-year window, Cost of Revenue jumped 3048.1% in 2024 and sank 183.81% in 2025, its largest moves.
• Grid Dynamics Holdings' Cost of Revenue stood at $48.3 million in 2022, then plunged by 86.7% to $6.4 million in 2023, then surged by 3048.1% to $202.2 million in 2024, then sank by 183.81% to -$169.4 million in 2025, then jumped by 104.54% to $7.7 million in 2026.
• The last three Cost of Revenue figures came in at $7.7 million (Q1 2026), -$169.4 million (Q4 2025), and $7.3 million (Q3 2025), per Business Quant data.