Grid Dynamics Holdings (GDYN) EBITDA (2019 - 2026)
Grid Dynamics Holdings (GDYN) reported EBITDA of $6.55 million for Q2 2026, up 37.0% from $4.78 million a year earlier and up 330.0% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) EBITDA (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Grid Dynamics Holdings' EBITDA came in at $18.42 million, down 2.7% year-over-year; for FY2025, it came in at $17.81 million, up 46.9% from FY2024.
- By year, EBITDA came in at $12.12 million in FY2024 (+262.3%), $3.35 million in FY2023, -$14.38 million in FY2022 and $5.1 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EBITDA in data going back to Q1 2019.
- Year over year, EBITDA gained in four of the last seven quarters, with growth averaging 57.1%.
- The high point for year-over-year EBITDA in five years was Q4 2024 (growth of 268.0%); the low point was Q1 2026 (a decline of 43.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.52 million (Q1 2026), $5.58 million (Q4 2025) and $4.77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 1.21 Bn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 1.02 Bn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 624.64 Mn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 503.70 Mn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 591.24 Mn |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 412.93 Mn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 253.61 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 285.25 Mn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 184.32 Mn |
| 10 | Grid Dynamics Holdings | 615.35 Mn | -691.16 Mn | 39.62 Mn | 6.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.55 Mn |
| Mar 31, 2026 | 1.52 Mn |
| Dec 31, 2025 | 5.58 Mn |
| Sep 30, 2025 | 4.77 Mn |
| Jun 30, 2025 | 4.78 Mn |
| Mar 31, 2025 | 2.68 Mn |
| Dec 31, 2024 | 5.91 Mn |
| Sep 30, 2024 | 5.56 Mn |
| Jun 30, 2024 | 3.28 Mn |
| Mar 31, 2024 | -2.63 Mn |
| Dec 31, 2023 | 1.61 Mn |
| Sep 30, 2023 | 2.62 Mn |
| Jun 30, 2023 | 3.47 Mn |
| Mar 31, 2023 | -4.35 Mn |
| Dec 31, 2022 | -3.89 Mn |
| Sep 30, 2022 | -3.12 Mn |
| Jun 30, 2022 | -9.16 Mn |
| Mar 31, 2022 | 1.79 Mn |
| Dec 31, 2021 | 3,000.00 |
| Sep 30, 2021 | 3.39 Mn |
API Access
Grid Dynamics Holdings EBITDA 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=ebitda&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();