Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026)
Grid Dynamics Holdings' (GDYN) quarterly Research & Development came in at $6.1 million in Q1 2026, down 6.28% year-on-year from $6.5 million in Q1 2025, and up 30.0% quarter-over-quarter from $4.7 million in Q4 2025.
Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has disclosed Research & Development across 8 years of filings, most recently posting $6.1 million for Q1 2026.
- Research & Development for Q1 2026 came in at $6.1 million, down 6.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.3 million (up 13.67% YoY), and the FY2025 annual result was $23.7 million, up 28.99% from the prior year.
- Research & Development came in at $6.1 million for Q1 2026 at Grid Dynamics Holdings, up from $4.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.7 million in Q2 2025 to a low of $3.1 million in Q1 2022.
- The 5-year median for Research & Development is $4.4 million (2024), against an average of $4.6 million.
- Across the five-year window, Research & Development surged 116.7% in 2022 and dropped 17.81% in 2023, its largest moves.
- Grid Dynamics Holdings' Research & Development stood at $4.7 million in 2022, then dropped by 17.76% to $3.9 million in 2023, then surged by 39.84% to $5.4 million in 2024, then slipped by 13.44% to $4.7 million in 2025, then jumped by 30.0% to $6.1 million in 2026.
- The last three Research & Development figures came in at $6.1 million (Q1 2026), $4.7 million (Q4 2025), and $5.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 5.32 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 2.17 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | - |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Grid Dynamics Holdings | 554.65 Mn | 227.19 Mn | 36.23 Mn | 6.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.08 Mn |
| Dec 31, 2025 | 4.68 Mn |
| Sep 30, 2025 | 5.76 Mn |
| Jun 30, 2025 | 6.74 Mn |
| Mar 31, 2025 | 6.49 Mn |
| Dec 31, 2024 | 5.40 Mn |
| Sep 30, 2024 | 4.45 Mn |
| Jun 30, 2024 | 4.13 Mn |
| Mar 31, 2024 | 4.37 Mn |
| Dec 31, 2023 | 3.86 Mn |
| Sep 30, 2023 | 3.40 Mn |
| Jun 30, 2023 | 3.27 Mn |
| Mar 31, 2023 | 4.20 Mn |
| Dec 31, 2022 | 4.70 Mn |
| Sep 30, 2022 | 4.14 Mn |
| Jun 30, 2022 | 3.84 Mn |
| Mar 31, 2022 | 3.10 Mn |
| Dec 31, 2021 | 2.77 Mn |
| Sep 30, 2021 | 2.13 Mn |
| Jun 30, 2021 | 1.77 Mn |