Grid Dynamics Holdings (GDYN) Enterprise Value (2018 - 2026)
Grid Dynamics Holdings (GDYN) reported Enterprise Value of $638.86 million for Q3 2026, up 103.1% from $314.56 million a year earlier and up 294.2% from the prior quarter.
Grid Dynamics Holdings (GDYN) Enterprise Value (2018 - 2026) Analysis & Trends
For FY2025, Grid Dynamics Holdings posted Enterprise Value of $422.26 million, down 72.3% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- By year, Enterprise Value came in at $1.52 billion in FY2024 (+102.1%), $754.35 million in FY2023 (+31.1%), $575.31 million in FY2022 (-76.0%) and $2.39 billion in FY2021 (+353.1%).
- The Q3 2026 figure ranks as the highest quarterly Enterprise Value since Q2 2025.
- Year over year, Enterprise Value gained in four of the last eight quarters, with an average decline of 3.6%.
- The high point for year-over-year Enterprise Value in five years was Q4 2021 (growth of 353.1%); the low point was Q1 2026 (a decline of 85.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $162.07 million (Q2 2026), $148.87 million (Q1 2026) and $422.26 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Grid Dynamics Holdings | 1.08 Bn | -187.35 Mn | 46.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 328.61 Mn |
| Jun 30, 2026 | 162.07 Mn |
| Mar 31, 2026 | 148.87 Mn |
| Dec 31, 2025 | 422.26 Mn |
| Sep 30, 2025 | 314.56 Mn |
| Jun 30, 2025 | 640.49 Mn |
| Mar 31, 2025 | 996.70 Mn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 843.14 Mn |
| Jun 30, 2024 | 549.63 Mn |
| Mar 31, 2024 | 691.01 Mn |
| Dec 31, 2023 | 754.35 Mn |
| Sep 30, 2023 | 666.96 Mn |
| Jun 30, 2023 | 450.66 Mn |
| Mar 31, 2023 | 599.95 Mn |
| Dec 31, 2022 | 575.31 Mn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 981.87 Mn |
| Mar 31, 2022 | 790.85 Mn |
| Dec 31, 2021 | 2.39 Bn |
Grid Dynamics Holdings Enterprise Value 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=enterprise-value&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();