Grid Dynamics Holdings (GDYN) Operating Expenses (2018 - 2026)

Grid Dynamics Holdings has disclosed Operating Expenses across 9 years of filings, most recently posting $39.9 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $39.9 million, up 2.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $145.1 million (up 7.55% YoY), and the FY2025 annual result was $144.2 million, up 11.72% from the prior year.
• Operating Expenses came in at $39.9 million for Q1 2026 at Grid Dynamics Holdings, up from $35.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $39.9 million in Q1 2026 to a low of $26.6 million in Q1 2022.
• The 5-year median for Operating Expenses is $34.6 million (2025), against an average of $33.7 million.
• Across the five-year window, Operating Expenses surged 115.66% in 2022 and tumbled 32.08% in 2023, its largest moves.
• Grid Dynamics Holdings' Operating Expenses stood at $37.9 million in 2022, then declined by 22.99% to $29.2 million in 2023, then rose by 22.65% to $35.8 million in 2024, then declined by 0.44% to $35.6 million in 2025, then rose by 12.02% to $39.9 million in 2026.
• The last three Operating Expenses figures came in at $39.9 million (Q1 2026), $35.6 million (Q4 2025), and $35.0 million (Q3 2025), per Business Quant data.