Grid Dynamics Holdings (GDYN) Operating Leases (2022 - 2026)
Grid Dynamics Holdings (GDYN) reported Operating Leases of $11.2 million for Q2 2026, up 18.2% from $9.48 million a year earlier but down 7.0% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Grid Dynamics Holdings posted Operating Leases of $10.78 million, up 49.7% from FY2024.
- Operating Leases has increased for three consecutive years, with a three-year compound annual growth rate of 24.1% (FY2022 to FY2025).
- By year, Operating Leases came in at $7.21 million in FY2024 (+6.6%), $6.76 million in FY2023 (+20.0%) and $5.64 million in FY2022.
- Five-year quarterly Operating Leases spans a low of $2.67 million in Q2 2022 and a high of $12.04 million in Q1 2026.
- Year over year, Operating Leases has now increased in each of the last eight quarters, with growth averaging 31.6% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q2 2023 (growth of 188.3%); the low point was Q2 2024 (a decline of 25.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $12.04 million (Q1 2026), $10.78 million (Q4 2025) and $8.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn |
| 10 | Grid Dynamics Holdings | 615.35 Mn | -691.16 Mn | 39.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.20 Mn |
| Mar 31, 2026 | 12.04 Mn |
| Dec 31, 2025 | 10.78 Mn |
| Sep 30, 2025 | 8.36 Mn |
| Jun 30, 2025 | 9.48 Mn |
| Mar 31, 2025 | 6.27 Mn |
| Dec 31, 2024 | 7.21 Mn |
| Sep 30, 2024 | 7.65 Mn |
| Jun 30, 2024 | 5.74 Mn |
| Mar 31, 2024 | 6.17 Mn |
| Dec 31, 2023 | 6.76 Mn |
| Sep 30, 2023 | 6.93 Mn |
| Jun 30, 2023 | 7.68 Mn |
| Mar 31, 2023 | 5.69 Mn |
| Dec 31, 2022 | 5.64 Mn |
| Sep 30, 2022 | 3.78 Mn |
| Jun 30, 2022 | 2.67 Mn |
| Mar 31, 2022 | 2.88 Mn |
API Access
Grid Dynamics Holdings Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GDYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();