Grid Dynamics Holdings (GDYN) Interest Expenses (2018 - 2026)

Grid Dynamics Holdings (GDYN) reported Interest Expenses of $5.8 million for Q1 2026, down 7.31% on a YoY basis from $6.3 million in Q1 2025, and up 259.42% sequentially from $1.6 million in Q4 2025.

Grid Dynamics Holdings (GDYN) Interest Expenses (2018 - 2026) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 8 years of Interest Expenses data on file, last reported at $5.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 7.31% year-over-year to $5.8 million; the trailing twelve-month figure through Mar 2026 stood at $5.8 million (down 7.31% YoY), and the FY2025 full-year result was $10.0 million, down 58.58% from the prior year.
  • Interest Expenses advanced to $5.8 million in Q1 2026, from $1.6 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $17.7 million in Q3 2024 to a low of $602000.0 in Q3 2022.
  • A 5-year average of $4.6 million and a median of $3.1 million in 2024 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses plunged 98.99% in 2022 and soared 1988.37% in 2023, its largest moves.
  • Tracing GDYN's Interest Expenses over 5 years: stood at $668000.0 in 2022, then soared by 53.89% to $1.0 million in 2023, then soared by 39.01% to $1.4 million in 2024, then climbed by 13.3% to $1.6 million in 2025, then jumped by 259.42% to $5.8 million in 2026.
  • Business Quant data shows GDYN's Interest Expenses at $5.8 million in Q1 2026, $1.6 million in Q4 2025, and $6.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn 1.24 Bn
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn 324.23 Mn
3 Cgi 61.46 Bn 60.81 Bn - -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn -55.07 Mn
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn 1.19 Bn
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 7.00 Mn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 310.00 Mn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn -50.00 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 51.80 Mn
10 Grid Dynamics Holdings 522.48 Mn 195.01 Mn 36.23 Mn 5.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.82 Mn
Mar 31, 2026 5.82 Mn
Dec 31, 2025 1.62 Mn
Dec 31, 2025 1.62 Mn
Sep 30, 2025 6.36 Mn
Sep 30, 2025 6.36 Mn
Jun 30, 2025 6.40 Mn
Jun 30, 2025 6.40 Mn
Mar 31, 2025 6.28 Mn
Mar 31, 2025 6.28 Mn
Dec 31, 2024 1.43 Mn
Dec 31, 2024 1.43 Mn
Sep 30, 2024 17.74 Mn
Sep 30, 2024 17.74 Mn
Jun 30, 2024 3.13 Mn
Jun 30, 2024 3.13 Mn
Mar 31, 2024 9.47 Mn
Mar 31, 2024 9.47 Mn
Dec 31, 2023 1.03 Mn
Dec 31, 2023 1.03 Mn