Grid Dynamics Holdings GDYN
NASDAQ GDYN
$8.00 +0.09 (+1.14%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Grid Dynamics Holdings (GDYN) posted Cost of Revenue of $68.5 million for Q2 2026, up 1.0% sequentially from $67.9 million in Q1 2026, and up 2.93% YoY from $66.6 million in Q2 2025.

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

Grid Dynamics Holdings has reported Cost of Revenue for 8 years, with the latest figure at $68.5 million in Q2 2026.

  • Quarterly Cost of Revenue rose 2.93% year-over-year to $68.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $275.9 million (up 11.27% YoY) and the FY2025 annual result came in at $269.5 million, up 20.54% from the prior year.
  • Cost of Revenue improved to $68.5 million in Q2 2026 per GDYN's latest filing, from $67.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $70.0 million in Q4 2025 and troughed at $44.6 million in Q1 2022.
  • A 5-year average of $56.6 million and a median of $52.8 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 87.55% in 2022, then grew 1.16% in 2023.
  • Over 5 years, Cost of Revenue stood at $48.3 million in 2022, then rose by 3.44% to $50.0 million in 2023, then rose by 26.58% to $63.2 million in 2024, then grew by 10.73% to $70.0 million in 2025, then dropped by 2.1% to $68.5 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $68.5 million, $67.9 million, and $70.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 International Business Machines 222.17 Bn 210.81 Bn 9.91 Bn 7.26 Bn
2 Accenture 113.08 Bn 102.91 Bn 6.13 Bn 12.58 Bn
3 Infosys 48.61 Bn 48.61 Bn 1.60 Bn 3.48 Bn
4 Cgi 33.08 Bn 32.62 Bn - -
5 Cognizant Technology Solutions 28.83 Bn 27.78 Bn 1.83 Bn 3.65 Bn
6 Fidelity National Information Services 21.35 Bn 20.61 Bn 1.17 Bn 2.20 Bn
7 Broadridge Financial Solutions 21.18 Bn 20.78 Bn 853.00 Mn 1.37 Bn
8 Wipro 19.66 Bn 18.59 Bn 738.00 Mn 1.85 Bn
9 Leidos Holdings 17.81 Bn 17.07 Bn 817.00 Mn 3.74 Bn
10 Grid Dynamics Holdings 659.91 Mn 361.48 Mn 39.62 Mn 68.55 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 68.55 Mn
Jun 30, 2026 68.55 Mn
Mar 31, 2026 67.87 Mn
Mar 31, 2026 67.87 Mn
Dec 31, 2025 70.02 Mn
Dec 31, 2025 70.02 Mn
Sep 30, 2025 69.45 Mn
Sep 30, 2025 69.45 Mn
Jun 30, 2025 66.59 Mn
Jun 30, 2025 66.59 Mn
Mar 31, 2025 63.42 Mn
Mar 31, 2025 63.42 Mn
Dec 31, 2024 63.23 Mn
Dec 31, 2024 63.23 Mn
Sep 30, 2024 54.71 Mn
Sep 30, 2024 54.71 Mn
Jun 30, 2024 53.47 Mn
Jun 30, 2024 53.47 Mn
Mar 31, 2024 52.15 Mn
Mar 31, 2024 52.15 Mn