Growth Metrics

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

Grid Dynamics Holdings' Gross Margin history spans 8 years, with the latest figure at 34.8% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 204.0% to 34.8% in Q1 2026 year-over-year; TTM through Mar 2026 was 34.07%, a 266.0% decrease, with the full-year FY2025 number at 34.56%, down 166.0% from a year prior.
  • Gross Margin hit 34.8% in Q1 2026 for Grid Dynamics Holdings, up from 34.04% in the prior quarter.
  • Over the last five years, Gross Margin for GDYN hit a ceiling of 40.25% in Q3 2022 and a floor of 33.32% in Q3 2025.
  • Historically, Gross Margin has averaged 36.33% across 5 years, with a median of 36.36% in 2023.
  • Biggest five-year swings in Gross Margin: crashed -420bps in 2022 and later soared 218bps in 2025.
  • Tracing GDYN's Gross Margin over 5 years: stood at 40.06% in 2022, then dropped by -10bps to 36.01% in 2023, then grew by 3bps to 36.94% in 2024, then dropped by -8bps to 34.04% in 2025, then rose by 2bps to 34.8% in 2026.
  • Business Quant data shows Gross Margin for GDYN at 34.8% in Q1 2026, 34.04% in Q4 2025, and 33.32% in Q3 2025.