Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026)

Grid Dynamics Holdings (GDYN) reported Research & Development of $6.1 million for Q1 2026, down 26.38% on a YoY basis from $8.3 million in Q1 2025, and down 16.95% sequentially from $7.3 million in Q4 2025.

Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 8 years of Research & Development data on file, last reported at $6.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 26.38% year-over-year to $6.1 million; the trailing twelve-month figure through Mar 2026 stood at $26.3 million (down 3.46% YoY), and the FY2025 full-year result was $30.0 million, up 4.93% from the prior year.
  • Research & Development declined to $6.1 million in Q1 2026, from $7.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.3 million in Q1 2025 to a low of $3.1 million in Q1 2022.
  • A 5-year average of $5.8 million and a median of $6.1 million in 2026 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development jumped 94.14% in 2022 and retreated 27.5% in 2024, its largest moves.
  • Tracing GDYN's Research & Development over 5 years: stood at $4.7 million in 2022, then surged by 36.73% to $6.4 million in 2023, then gained by 12.54% to $7.2 million in 2024, then gained by 1.29% to $7.3 million in 2025, then decreased by 16.95% to $6.1 million in 2026.
  • Business Quant data shows GDYN's Research & Development at $6.1 million in Q1 2026, $7.3 million in Q4 2025, and $5.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.31 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 1.81 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -1.39 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 270.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -174.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -
10 Grid Dynamics Holdings 475.05 Mn 147.59 Mn 36.23 Mn 6.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.08 Mn
Dec 31, 2025 7.32 Mn
Sep 30, 2025 5.76 Mn
Jun 30, 2025 7.12 Mn
Mar 31, 2025 8.26 Mn
Dec 31, 2024 7.23 Mn
Sep 30, 2024 4.45 Mn
Jun 30, 2024 7.29 Mn
Mar 31, 2024 7.29 Mn
Dec 31, 2023 6.42 Mn
Sep 30, 2023 6.13 Mn
Jun 30, 2023 5.96 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 2.84 Mn