Grid Dynamics Holdings (GDYN) Net Margin (2019 - 2026)
Grid Dynamics Holdings' (GDYN) quarterly Net Margin came in at 1.38% in Q1 2026, down 424.0% year-on-year from 0.43% in Q1 2025, and down 579.87% quarter-over-quarter from 0.29% in Q4 2025.
Grid Dynamics Holdings (GDYN) Net Margin (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has disclosed Net Margin across 8 years of filings, most recently posting 1.38% for Q1 2026.
- Net Margin for Q1 2026 came in at 1.38%, down 424.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.3% (down 164.0% YoY), and the FY2025 annual result was 2.35%, up 119.0% from the prior year.
- Net Margin came in at 1.38% for Q1 2026 at Grid Dynamics Holdings, down from 0.29% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.24% in Q2 2025 to a low of 17.05% in Q2 2022.
- The 5-year median for Net Margin is 0.29% (2025), against an average of 1.62%.
- Across the five-year window, Net Margin tumbled 1391 bps in 2022 and surged 2047 bps in 2023, its largest moves.
- Grid Dynamics Holdings' Net Margin stood at 8.32% in 2022, then surged by 145 bps to 3.72% in 2023, then advanced by 22 bps to 4.54% in 2024, then plunged by 94 bps to 0.29% in 2025, then plunged by 580 bps to 1.38% in 2026.
- The last three Net Margin figures came in at 1.38% (Q1 2026), 0.29% (Q4 2025), and 1.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 18.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 14.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 10.30% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 12.17% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 4.55% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 14.14% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.14% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 7.61% |
| 10 | Grid Dynamics Holdings | 554.65 Mn | 227.19 Mn | 36.23 Mn | -1.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.38% |
| Dec 31, 2025 | 0.29% |
| Sep 30, 2025 | 1.17% |
| Jun 30, 2025 | 5.24% |
| Mar 31, 2025 | 2.86% |
| 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 | 0.91% |
| Jun 30, 2023 | 3.42% |
| Mar 31, 2023 | -9.95% |
| Dec 31, 2022 | -8.32% |
| Sep 30, 2022 | -8.26% |
| Jun 30, 2022 | -17.05% |
| Mar 31, 2022 | -3.73% |
| Dec 31, 2021 | -5.35% |
| Sep 30, 2021 | -0.89% |
| Jun 30, 2021 | -3.14% |