Grid Dynamics Holdings (GDYN) EBT Margin (2019 - 2026)
Grid Dynamics Holdings (GDYN) recorded EBT Margin of 4.13% in Q2 2026, down 3.10 percentage points from 7.22% a year earlier but up 4.55 percentage points from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) EBT Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Grid Dynamics Holdings' EBT Margin came in at 2.36% as of Jun 30, 2026, down 3.07 percentage points year-over-year; for FY2025, it was 3.81%, up 0.66 percentage points from FY2024.
- Annual EBT Margin has increased for three straight years, with a five-year change of +17.48 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 3.15% in FY2024 (+1.61 pp), 1.55% in FY2023 (+8.13 pp), -6.59% in FY2022 (-5.43 pp) and -1.16% in FY2021 (+12.51 pp).
- Quarterly EBT Margin has ranged from -14.84% in Q2 2022 to 7.22% in Q2 2025 over the past five years.
- On a year-over-year basis, EBT Margin has declined for four consecutive quarters, with an average year-over-year change of +0.46 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 20.45 percentage points in Q2 2023, against a drop of 17.58 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.42% (Q1 2026), 2.65% (Q4 2025) and 3.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 15.24% |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 6.28% |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 2.58% |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 3.53% |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 12.36% |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 1.93% |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 13.67% |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 6.33% |
| 10 | Grid Dynamics Holdings | 1.08 Bn | -187.35 Mn | 46.08 Mn | 9.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.95% |
| Jun 30, 2026 | 4.13% |
| Mar 31, 2026 | -0.42% |
| Dec 31, 2025 | 2.65% |
| Sep 30, 2025 | 3.00% |
| Jun 30, 2025 | 7.22% |
| Mar 31, 2025 | 2.46% |
| Dec 31, 2024 | 5.75% |
| Sep 30, 2024 | 6.41% |
| Jun 30, 2024 | 3.26% |
| Mar 31, 2024 | -3.78% |
| Dec 31, 2023 | 1.93% |
| Sep 30, 2023 | 4.27% |
| Jun 30, 2023 | 5.61% |
| Mar 31, 2023 | -5.38% |
| Dec 31, 2022 | -6.43% |
| Sep 30, 2022 | -4.07% |
| Jun 30, 2022 | -14.84% |
| Mar 31, 2022 | -0.70% |
| Dec 31, 2021 | -4.53% |
API Access
Grid Dynamics Holdings EBT 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=ebt-margin&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();