Grid Dynamics Holdings (GDYN) EBITDA Margin (2019 - 2026)
Grid Dynamics Holdings (GDYN) reported EBITDA Margin of 6.05% for Q2 2026, up 1.33 percentage points from 4.73% a year earlier and up 4.59 percentage points from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) EBITDA Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Grid Dynamics Holdings' EBITDA Margin came in at 4.36%, down 0.50 percentage points year-over-year; for FY2025, it was 4.32%, up 0.87 percentage points from FY2024.
- EBITDA Margin has increased for three consecutive years, with a five-year change of +15.81 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 3.46% in FY2024 (+2.39 pp), 1.07% in FY2023 (+5.70 pp), -4.63% in FY2022 (-7.05 pp) and 2.41% in FY2021 (+13.89 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin since Q3 2024.
- Year over year, EBITDA Margin gained in five of the last eight quarters, with an average year-over-year change of +1.41 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q2 2023 (a gain of 16.32 percentage points); the low point was Q2 2022 (a drop of 17.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.46% (Q1 2026), 5.26% (Q4 2025) and 4.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 23.71% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 18.56% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 3.19% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 7.66% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 19.50% |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 4.13% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 3.06% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 1.96% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 13.03% |
| 10 | Grid Dynamics Holdings | 615.35 Mn | -691.16 Mn | 39.62 Mn | 6.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.05% |
| Mar 31, 2026 | 1.46% |
| Dec 31, 2025 | 5.26% |
| Sep 30, 2025 | 4.58% |
| Jun 30, 2025 | 4.73% |
| Mar 31, 2025 | 2.67% |
| Dec 31, 2024 | 5.89% |
| Sep 30, 2024 | 6.36% |
| Jun 30, 2024 | 3.95% |
| Mar 31, 2024 | -3.29% |
| Dec 31, 2023 | 2.06% |
| Sep 30, 2023 | 3.39% |
| Jun 30, 2023 | 4.48% |
| Mar 31, 2023 | -5.43% |
| Dec 31, 2022 | -4.83% |
| Sep 30, 2022 | -3.85% |
| Jun 30, 2022 | -11.84% |
| Mar 31, 2022 | 2.51% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 5.85% |
API Access
Grid Dynamics Holdings EBITDA Margin 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-margin&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();