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| Date | Value |
|---|---|
| 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 |