Grid Dynamics Holdings (GDYN) Receivables - Net (2019 - 2026)
Grid Dynamics Holdings' Receivables - Net was $95.56 million in Q2 2026, up 22.9% from $77.73 million a year earlier and up 9.3% from the prior quarter.
Grid Dynamics Holdings (GDYN) Receivables - Net (2019 - 2026) Analysis & Trends
At the end of FY2025, Receivables - Net at Grid Dynamics Holdings came in at $79.49 million, up 14.6% from FY2024.
- Receivables - Net has now increased for six consecutive years, with a five-year compound annual growth rate of 36.3% (FY2020 to FY2025).
- In earlier years, Receivables - Net was $69.37 million in FY2024 (+29.5%), $53.56 million in FY2023 (+10.8%), $48.36 million in FY2022 (+24.5%) and $38.84 million in FY2021 (+129.9%).
- The Q2 2026 figure marks the highest quarterly Receivables - Net in data going back to Q4 2019.
- Compared with a year earlier, Receivables - Net has increased for 11 straight quarters, with growth averaging 31.1% over the last eight quarters.
- The best year-over-year quarter for Receivables - Net over five years was Q4 2021 (growth of 129.9%); the worst was Q3 2023 (a decline of 6.8%).
- Per Business Quant data, GDYN's Receivables - Net in the three quarters before Q2 2026 was $87.42 million (Q1 2026), $79.49 million (Q4 2025) and $82.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 52.09 Bn | 38.59 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 32.22 Bn | 25.38 Bn | 1.83 Bn |
| 3 | Wipro | 22.26 Bn | 17.40 Bn | 745.00 Mn |
| 4 | Cdw | 19.95 Bn | 17.93 Bn | 1.32 Bn |
| 5 | Td Synnex | 19.85 Bn | 14.01 Bn | 1.43 Bn |
| 6 | Cgi | 17.64 Bn | 15.43 Bn | - |
| 7 | Arrow Electronics | 11.16 Bn | 10.11 Bn | 1.13 Bn |
| 8 | Avnet | 7.58 Bn | 6.76 Bn | 865.03 Mn |
| 9 | EPAM Systems | 6.90 Bn | 2.54 Bn | 429.57 Mn |
| 10 | Grid Dynamics Holdings | 677.60 Mn | -628.91 Mn | 39.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.56 Mn |
| Mar 31, 2026 | 87.42 Mn |
| Dec 31, 2025 | 79.49 Mn |
| Sep 30, 2025 | 82.90 Mn |
| Jun 30, 2025 | 77.73 Mn |
| Mar 31, 2025 | 81.68 Mn |
| Dec 31, 2024 | 69.37 Mn |
| Sep 30, 2024 | 64.32 Mn |
| Jun 30, 2024 | 50.66 Mn |
| Mar 31, 2024 | 53.04 Mn |
| Dec 31, 2023 | 53.56 Mn |
| Sep 30, 2023 | 46.58 Mn |
| Jun 30, 2023 | 48.80 Mn |
| Mar 31, 2023 | 50.95 Mn |
| Dec 31, 2022 | 48.36 Mn |
| Sep 30, 2022 | 49.95 Mn |
| Jun 30, 2022 | 44.16 Mn |
| Mar 31, 2022 | 41.37 Mn |
| Dec 31, 2021 | 38.84 Mn |
| Sep 30, 2021 | 30.77 Mn |
Grid Dynamics Holdings Receivables - Net 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=receivables-net&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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=receivables-net&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();