Growth Metrics

Grid Dynamics Holdings (GDYN) Gross Margin: 2018-2024

Historic Gross Margin for Grid Dynamics Holdings (GDYN) over the last 7 years, with Dec 2024 value amounting to 36.23%.

  • Grid Dynamics Holdings' Gross Margin fell 411.00% to 33.32% in Q3 2025 from the same period last year, while for Sep 2025 it was 36.60%, marking a year-over-year decrease of 260.00%. This contributed to the annual value of 36.23% for FY2024, which is 7.00% up from last year.
  • Latest data reveals that Grid Dynamics Holdings reported Gross Margin of 36.23% as of FY2024, which was up 0.19% from 36.16% recorded in FY2023.
  • In the past 5 years, Grid Dynamics Holdings' Gross Margin ranged from a high of 41.52% in FY2021 and a low of 36.16% during FY2023.
  • Moreover, its 3-year median value for Gross Margin was 36.23% (2024), whereas its average is 37.08%.
  • In the last 5 years, Grid Dynamics Holdings' Gross Margin tumbled by 336bps in 2020 and then skyrocketed by 412bps in 2021.
  • Yearly analysis of 5 years shows Grid Dynamics Holdings' Gross Margin stood at 37.40% in 2020, then skyrocketed by 412bps to 41.52% in 2021, then tumbled by 268bps to 38.84% in 2022, then crashed by 268bps to 36.16% in 2023, then grew by 7bps to 36.23% in 2024.