Grid Dynamics Holdings (GDYN) Return on Equity [ROE] (2019 - 2026)
Grid Dynamics Holdings (GDYN) posted Return on Equity [ROE] of 1.50% for Q3 2026, down 1.10 percentage points from 2.60% a year earlier but up 0.96 percentage points from the prior quarter.
Grid Dynamics Holdings (GDYN) Return on Equity [ROE] (2019 - 2026) Analysis & Trends
For FY2025, Grid Dynamics Holdings' Return on Equity [ROE] came in at 1.82%, up 0.93 percentage points from FY2024.
- Annual Return on Equity [ROE] has increased for three consecutive years, with a five-year change of +14.07 percentage points (FY2020 to FY2025).
- In prior years, Grid Dynamics Holdings' Return on Equity [ROE] was 0.90% in FY2024 (+1.37 pp), -0.47% in FY2023 (+9.43 pp), -9.90% in FY2022 (-5.84 pp) and -4.07% in FY2021 (+8.18 pp).
- Quarterly Return on Equity [ROE] has run from a low of -9.57% in Q1 2023 to a high of 3.24% in Q2 2025 over five years.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last three quarters, with an average year-over-year change of +0.55 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q1 2024, with a gain of 10.16 percentage points; the weakest was Q1 2023, with a drop of 5.95 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 0.55% (Q2 2026), 0.99% (Q1 2026) and 1.79% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 46.52% |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 17.62% |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 43.25% |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 14.53% |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | - |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 14.24% |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 11.95% |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 10.96% |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 29.04% |
| 10 | Grid Dynamics Holdings | 1.13 Bn | -142.98 Mn | 46.08 Mn | 1.50% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.50% |
| Jun 30, 2026 | 0.55% |
| Mar 31, 2026 | 0.99% |
| Dec 31, 2025 | 1.79% |
| Sep 30, 2025 | 2.60% |
| Jun 30, 2025 | 3.24% |
| Mar 31, 2025 | 2.11% |
| Dec 31, 2024 | 0.85% |
| Sep 30, 2024 | 0.57% |
| Jun 30, 2024 | -0.35% |
| Mar 31, 2024 | 0.54% |
| Dec 31, 2023 | -0.34% |
| Sep 30, 2023 | -2.61% |
| Jun 30, 2023 | -4.92% |
| Mar 31, 2023 | -9.53% |
| Dec 31, 2022 | -8.39% |
| Sep 30, 2022 | -9.63% |
| Jun 30, 2022 | -9.14% |
| Mar 31, 2022 | -3.81% |
| Dec 31, 2021 | -3.12% |
Grid Dynamics Holdings Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();