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

Grid Dynamics Holdings (GDYN) reported Net Margin of 1.38% for Q1 2026, down 428.0% on a YoY basis from 0.42% in Q1 2025, and down 579.87% sequentially from 0.29% in Q4 2025.

Grid Dynamics Holdings (GDYN) Net Margin (2019 - 2026) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 8 years of Net Margin data on file, last reported at 1.38% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 428.0% year-over-year to 1.38%; the trailing twelve-month figure through Mar 2026 stood at 1.28% (down 167.0% YoY), and the FY2025 full-year result was 2.35%, up 119.0% from the prior year.
  • Net Margin retreated to 1.38% in Q1 2026, from 0.29% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 5.22% in Q2 2025 to a low of 17.04% in Q2 2022.
  • A 5-year average of 1.62% and a median of 0.29% in 2025 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 1390 bps in 2022 and surged 2045 bps in 2023, its largest moves.
  • Tracing GDYN's Net Margin over 5 years: stood at 8.37% in 2022, then jumped by 144 bps to 3.72% in 2023, then gained by 22 bps to 4.54% in 2024, then sank by 94 bps to 0.29% in 2025, then sank by 580 bps to 1.38% in 2026.
  • Business Quant data shows GDYN's Net Margin at 1.38% in Q1 2026, 0.29% in Q4 2025, and 1.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -0.01%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 12.76%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 77.94%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 1,602.13%
5 Cgi 41.25 Bn 40.60 Bn - 10.70%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 4.64%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 12.17%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 13.71%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 14.14%
10 Grid Dynamics Holdings 475.05 Mn 147.59 Mn 36.23 Mn -1.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.38%
Dec 31, 2025 0.29%
Sep 30, 2025 1.13%
Jun 30, 2025 5.22%
Mar 31, 2025 2.90%
Dec 31, 2024 4.54%
Sep 30, 2024 4.90%
Jun 30, 2024 -0.96%
Mar 31, 2024 -4.91%
Dec 31, 2023 3.72%
Sep 30, 2023 0.87%
Jun 30, 2023 3.42%
Mar 31, 2023 -10.00%
Dec 31, 2022 -8.37%
Sep 30, 2022 -8.20%
Jun 30, 2022 -17.04%
Mar 31, 2022 -3.73%
Dec 31, 2021 -5.42%
Sep 30, 2021 -0.89%
Jun 30, 2021 -3.14%