Grid Dynamics Holdings (GDYN) Net Margin (2019 - 2026)
Grid Dynamics Holdings (GDYN) posted Net Margin of 2.64% for Q2 2026, up 286.34% sequentially from 1.41% in Q1 2026, and down 258.0% YoY from 1.67% in Q2 2025.
Grid Dynamics Holdings (GDYN) Net Margin (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has reported Net Margin for 8 years, with the latest figure at 2.64% in Q2 2026.
- Quarterly Net Margin fell 258.0% year-over-year to 2.64% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.68% (down 369.0% YoY) and the FY2025 annual result came in at 2.35%, up 119.0% from the prior year.
- Net Margin climbed to 2.64% in Q2 2026 per GDYN's latest filing, from 1.41% in the prior quarter.
- Over five years, Net Margin peaked at 5.22% in Q2 2025 and troughed at 17.05% in Q2 2022.
- A 5-year average of 1.4% and a median of 0.58% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 1391 bps in 2022, then jumped 2045 bps in 2023.
- Over 5 years, Net Margin stood at 8.32% in 2022, then soared by 145 bps to 3.72% in 2023, then rose by 22 bps to 4.54% in 2024, then plunged by 94 bps to 0.29% in 2025, then jumped by 815 bps to 2.64% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.64%, 1.41%, and 0.29% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 12.62% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 12.76% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 0.12% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 11.09% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 11.75% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 6.87% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 17.93% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 13.71% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 7.81% |
| 10 | Grid Dynamics Holdings | 650.04 Mn | 351.61 Mn | 39.62 Mn | 2.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.64% |
| 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% |