Grid Dynamics Holdings (GDYN) Intangibles (2019 - 2026)
Grid Dynamics Holdings' Intangibles was $48.83 million in Q2 2026, up 7.1% from $45.6 million a year earlier and up 23.4% from the prior quarter.
Grid Dynamics Holdings (GDYN) Intangibles (2019 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Grid Dynamics Holdings came in at $41.61 million, down 13.2% from FY2024.
- Intangibles shows a five-year compound annual growth rate of 38.6% (FY2020 to FY2025).
- In earlier years, Intangibles was $47.92 million in FY2024 (+80.5%), $26.55 million in FY2023 (+30.3%), $20.38 million in FY2022 (+6.7%) and $19.1 million in FY2021 (+135.0%).
- The Q2 2026 figure marks the highest quarterly Intangibles in data going back to Q4 2019.
- Compared with a year earlier, Intangibles was higher in six of the last eight quarters, with growth averaging 35.5%.
- The best year-over-year quarter for Intangibles over five years was Q1 2022 (growth of 135.4%); the worst was Q1 2026 (a decline of 15.0%).
- Per Business Quant data, GDYN's Intangibles in the three quarters before Q2 2026 was $39.58 million (Q1 2026), $41.61 million (Q4 2025) and $43.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | 486.00 Mn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 1.68 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | 3.64 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | 1.10 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | 590.76 Mn |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 67.51 Mn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | - |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | 662.83 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | 372.97 Mn |
| 10 | Grid Dynamics Holdings | 638.86 Mn | -667.64 Mn | 39.62 Mn | 48.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.83 Mn |
| Mar 31, 2026 | 39.58 Mn |
| Dec 31, 2025 | 41.61 Mn |
| Sep 30, 2025 | 43.40 Mn |
| Jun 30, 2025 | 45.60 Mn |
| Mar 31, 2025 | 46.54 Mn |
| Dec 31, 2024 | 47.92 Mn |
| Sep 30, 2024 | 42.45 Mn |
| Jun 30, 2024 | 24.52 Mn |
| Mar 31, 2024 | 25.53 Mn |
| Dec 31, 2023 | 26.55 Mn |
| Sep 30, 2023 | 27.59 Mn |
| Jun 30, 2023 | 28.64 Mn |
| Mar 31, 2023 | 19.69 Mn |
| Dec 31, 2022 | 20.38 Mn |
| Sep 30, 2022 | 17.24 Mn |
| Jun 30, 2022 | 17.86 Mn |
| Mar 31, 2022 | 18.48 Mn |
| Dec 31, 2021 | 19.10 Mn |
| Sep 30, 2021 | 19.73 Mn |
Grid Dynamics Holdings Intangibles 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=intangibles&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();