Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026)
Grid Dynamics Holdings (GDYN) posted Research & Development of $7.1 million for Q2 2026, down 7.43% sequentially from $7.7 million in Q1 2026, and little changed YoY from $7.1 million in Q2 2025.
Grid Dynamics Holdings (GDYN) Research & Development (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has reported Research & Development for 8 years, with the latest figure at $7.1 million in Q2 2026.
- Quarterly Research & Development changed 0.08% year-over-year to $7.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.5 million (changed 0.2% YoY) and the FY2025 annual result came in at $30.0 million, up 4.93% from the prior year.
- Research & Development retreated to $7.1 million in Q2 2026 per GDYN's latest filing, from $7.7 million in the prior quarter.
- Over five years, Research & Development peaked at $8.3 million in Q1 2025 and troughed at $4.2 million in Q1 2022.
- A 5-year average of $6.5 million and a median of $7.0 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2026: Research & Development soared 80.9% in 2022, then fell 6.82% in 2026.
- Over 5 years, Research & Development stood at $5.4 million in 2022, then grew by 19.43% to $6.4 million in 2023, then grew by 12.54% to $7.2 million in 2024, then grew by 1.29% to $7.3 million in 2025, then slipped by 2.7% to $7.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $7.1 million, $7.7 million, and $7.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.31 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 1.81 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 270.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -174.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | Grid Dynamics Holdings | 650.04 Mn | 351.61 Mn | 39.62 Mn | 7.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.12 Mn |
| 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 |