Growth Metrics

Grid Dynamics Holdings (GDYN) Operating Margin (2019 - 2026)

Grid Dynamics Holdings' Operating Margin history spans 8 years, with the latest figure at 3.54% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 151.0% to 3.54% in Q1 2026 year-over-year; TTM through Mar 2026 was 0.85%, a 123.0% decrease, with the full-year FY2025 number at 0.46%, up 14.0% from a year prior.
  • Operating Margin hit 3.54% in Q1 2026 for Grid Dynamics Holdings, down from 0.48% in the prior quarter.
  • Over the last five years, Operating Margin for GDYN hit a ceiling of 2.44% in Q3 2024 and a floor of 14.03% in Q2 2022.
  • Historically, Operating Margin has averaged 2.48% across 5 years, with a median of 0.23% in 2025.
  • Biggest five-year swings in Operating Margin: crashed -1693bps in 2022 and later surged 1575bps in 2023.
  • Tracing GDYN's Operating Margin over 5 years: stood at 6.96% in 2022, then skyrocketed by 80bps to 1.36% in 2023, then skyrocketed by 192bps to 1.26% in 2024, then tumbled by -62bps to 0.48% in 2025, then plummeted by -842bps to 3.54% in 2026.
  • Business Quant data shows Operating Margin for GDYN at 3.54% in Q1 2026, 0.48% in Q4 2025, and 0.23% in Q3 2025.