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| Date | Value |
|---|---|
| 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% |