Grid Dynamics Holdings (GDYN) Gross Margin (2019 - 2026)

Grid Dynamics Holdings (GDYN) has 8 years of Gross Margin data on file, last reported at 34.8% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 204.0% year-over-year to 34.8%; the trailing twelve-month figure through Mar 2026 stood at 34.07% (down 266.0% YoY), and the FY2025 full-year result was 34.56%, down 166.0% from the prior year.
• Gross Margin climbed to 34.8% in Q1 2026, from 34.04% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 40.25% in Q3 2022 to a low of 33.32% in Q3 2025.
• A 5-year average of 36.33% and a median of 36.36% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 420 bps in 2022 and jumped 218 bps in 2025, its largest moves.
• Tracing GDYN's Gross Margin over 5 years: stood at 40.06% in 2022, then declined by 10 bps to 36.01% in 2023, then advanced by 3 bps to 36.94% in 2024, then decreased by 8 bps to 34.04% in 2025, then gained by 2 bps to 34.8% in 2026.
• Business Quant data shows GDYN's Gross Margin at 34.8% in Q1 2026, 34.04% in Q4 2025, and 33.32% in Q3 2025.