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Grid Dynamics Holdings (GDYN) Cost of Revenue: 2018-2024

Historic Cost of Revenue for Grid Dynamics Holdings (GDYN) over the last 7 years, with Dec 2024 value amounting to $223.6 million.

  • Grid Dynamics Holdings' Cost of Revenue rose 26.95% to $69.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $215.3 million, marking a year-over-year increase of 73.26%. This contributed to the annual value of $223.6 million for FY2024, which is 11.92% up from last year.
  • Latest data reveals that Grid Dynamics Holdings reported Cost of Revenue of $223.6 million as of FY2024, which was up 11.92% from $199.8 million recorded in FY2023.
  • Grid Dynamics Holdings' Cost of Revenue's 5-year high stood at $223.6 million during FY2024, with a 5-year trough of $69.7 million in FY2020.
  • Moreover, its 3-year median value for Cost of Revenue was $199.8 million (2023), whereas its average is $204.4 million.
  • As far as peak fluctuations go, Grid Dynamics Holdings' Cost of Revenue declined by 0.61% in 2020, and later soared by 77.36% in 2021.
  • Yearly analysis of 5 years shows Grid Dynamics Holdings' Cost of Revenue stood at $69.7 million in 2020, then soared by 77.36% to $123.6 million in 2021, then spiked by 53.69% to $189.9 million in 2022, then rose by 5.20% to $199.8 million in 2023, then rose by 11.92% to $223.6 million in 2024.