Grid Dynamics Holdings (GDYN) Goodwill (2020 - 2026)
Grid Dynamics Holdings (GDYN) reported Goodwill of $92.43 million for Q3 2026, up 9.1% from $84.68 million a year earlier and up 0.8% from the prior quarter.
Grid Dynamics Holdings (GDYN) Goodwill (2020 - 2026) Analysis & Trends
At the end of FY2025, Grid Dynamics Holdings posted Goodwill of $84.36 million, up 1.1% from FY2024.
- Goodwill has increased for five consecutive years, with a five-year compound annual growth rate of 41.8% (FY2020 to FY2025).
- By year, Goodwill came in at $83.41 million in FY2024 (+54.8%), $53.87 million in FY2023 (+18.4%), $45.51 million in FY2022 (+26.6%) and $35.96 million in FY2021 (+144.8%).
- The Q3 2026 figure ranks as the highest quarterly Goodwill in data going back to Q4 2020.
- Year over year, Goodwill gained in seven of the last eight quarters, with growth averaging 25.2%.
- The high point for year-over-year Goodwill in five years was Q1 2022 (growth of 144.8%); the low point was Q2 2024 (a decline of 1.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $91.73 million (Q2 2026), $83.98 million (Q1 2026) and $84.36 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 | 92.43 Mn |
| Jun 30, 2026 | 91.73 Mn |
| Mar 31, 2026 | 83.98 Mn |
| Dec 31, 2025 | 84.36 Mn |
| Sep 30, 2025 | 84.68 Mn |
| Jun 30, 2025 | 85.19 Mn |
| Mar 31, 2025 | 84.05 Mn |
| Dec 31, 2024 | 83.41 Mn |
| Sep 30, 2024 | 73.88 Mn |
| Jun 30, 2024 | 53.87 Mn |
| Mar 31, 2024 | 53.87 Mn |
| Dec 31, 2023 | 53.87 Mn |
| Sep 30, 2023 | 54.63 Mn |
| Jun 30, 2023 | 54.63 Mn |
| Mar 31, 2023 | 45.51 Mn |
| Dec 31, 2022 | 45.51 Mn |
| Sep 30, 2022 | 35.96 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Mar 31, 2022 | 35.96 Mn |
| Dec 31, 2021 | 35.96 Mn |
Grid Dynamics Holdings Goodwill 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=goodwill&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();