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
DateValue
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%