Grid Dynamics Holdings (GDYN) Shares Outstanding (Diluted) (2018 - 2026)
Grid Dynamics Holdings (GDYN) posted Weighted Average Shares Outstanding (Diluted) of 83.02 million for Q3 2026, down 3.3% from 85.84 million a year earlier and unchanged from the prior quarter.
Grid Dynamics Holdings (GDYN) Shares Outstanding (Diluted) (2018 - 2026) Analysis & Trends
For FY2025, Grid Dynamics Holdings' Weighted Average Shares Outstanding (Diluted) came in at 86.89 million, up 8.7% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has increased for seven consecutive years, with a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- In prior years, Grid Dynamics Holdings' Weighted Average Shares Outstanding (Diluted) was 79.97 million in FY2024 (+6.4%), 75.19 million in FY2023 (+8.7%), 69.2 million in FY2022 (+18.0%) and 58.66 million in FY2021 (+31.1%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has run from a low of 58.66 million in Q4 2021 to a high of 87.79 million in Q1 2025 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined in each of the last three quarters, with growth averaging 5.2% over the last eight quarters.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding (Diluted) in the past five years was Q4 2021, with growth of 31.1%; the weakest was Q2 2026, with a decline of 4.0%.
- According to Business Quant data, Weighted Average Shares Outstanding (Diluted) for the three prior quarters was 83.02 million (Q2 2026), 84.68 million (Q1 2026) and 86.89 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 4.12 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 450.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 125.70 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 79.41 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 225.49 Mn |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 51.62 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 51.47 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 86.01 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 152.57 Mn |
| 10 | Grid Dynamics Holdings | 1.13 Bn | -142.98 Mn | 46.08 Mn | 81.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 81.89 Mn |
| Jun 30, 2026 | 83.02 Mn |
| Mar 31, 2026 | 84.68 Mn |
| Dec 31, 2025 | 86.89 Mn |
| Sep 30, 2025 | 85.84 Mn |
| Jun 30, 2025 | 86.45 Mn |
| Mar 31, 2025 | 87.79 Mn |
| Dec 31, 2024 | 79.97 Mn |
| Sep 30, 2024 | 78.84 Mn |
| Jun 30, 2024 | 76.60 Mn |
| Mar 31, 2024 | 76.15 Mn |
| Dec 31, 2023 | 75.19 Mn |
| Sep 30, 2023 | 77.34 Mn |
| Jun 30, 2023 | 76.85 Mn |
| Mar 31, 2023 | 74.46 Mn |
| Dec 31, 2022 | 69.20 Mn |
| Sep 30, 2022 | 68.62 Mn |
| Jun 30, 2022 | 67.14 Mn |
| Mar 31, 2022 | 66.92 Mn |
| Dec 31, 2021 | 58.66 Mn |
Grid Dynamics Holdings Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();