Grid Dynamics Holdings Income Statement (2018-2025) | GDYN

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Income Statement	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Revenue & cost
Revenue (Quarter)	39.13M	47.68M													87.44M	100.28M			104.16M	106.15M
Cost of Revenue (Quarter)	23.80M	27.88M													6.82M	7.23M			7.34M	7.32M
Gross Profit (Quarter)	15.34M	19.80M													32.73M	37.05M			34.71M	36.14M
Operating items
Research & Development (Quarter)	1.78M	1.77M													4.45M	5.40M			5.76M	4.68M
Selling, General & Administrative (Quarter)	12.30M	13.80M													19.33M	23.16M			21.85M	23.64M
Other Operating Expenses (Quarter)	3.03M	2.84M													6.82M	7.23M			7.34M	7.32M
Operating Expenses (Quarter)	17.11M	18.41M													30.59M	35.79M			34.95M	35.63M
Operating Income (Quarter)	-1.78M	1.38M													2.14M	1.26M			-0.24M	0.51M
EBIT (Quarter)	-1.78M	1.38M													2.14M	1.26M			-0.24M	0.51M
Non-operating items
Interest & Investment Income (Quarter)
Other Non Operating Income (Quarter)	-1.05M	-0.08M													3.47M	4.50M			3.36M	2.30M
Non Operating Income (Quarter)	-1.05M	-0.08M													3.47M	4.50M			3.36M	2.30M
Net income details
EBT (Quarter)	-2.83M	1.30M													5.60M	5.76M			3.12M	2.81M
Tax Provisions (Quarter)	-0.77M	2.79M													1.30M	1.24M			1.90M	2.53M
Profit After Tax (Quarter)	-2.06M	-1.48M											-3.95M	-0.82M	4.28M	4.52M	2.91M	5.27M	1.18M	0.31M
Income from Continuing Operations (Quarter)	-2.06M	-1.48M													4.30M	4.52M			1.22M	0.28M
Consolidated Net Income (Quarter)	-2.06M	-1.48M													4.30M	4.52M			1.22M	0.28M
Income towards Parent Company (Quarter)	-2.06M	-1.48M													4.30M	4.52M			1.22M	0.28M
Net Income towards Common Stockholders (Quarter)	-2.06M	-1.48M													4.30M	4.52M			1.22M	0.28M
Additional items
EPS (Basic) (Quarter)	-0.04	-0.03													0.06	0.06			0.01	0.00
EPS (Weighted Average and Diluted) (Quarter)	-0.04	-0.03													0.05	0.06			0.01	0.00
Shares Outstanding (Weighted Average) (Quarter)	51.63M	54.43M	56.28M	58.66M	66.92M	67.14M	68.62M	69.20M	74.46M	74.80M	75.03M	75.19M	76.15M	76.38M	76.48M	77.47M	84.12M	84.58M	84.47M	84.54M
Shares Outstanding (Diluted Average) (Quarter)	0.05M	0.05M		58.66M				69.20M				75.19M			76.48M	79.97M			85.84M	86.89M
EBITDA (Quarter)	-2.01M	-1.52M													2.14M	1.26M			-0.24M	0.51M
Tax Rate (Quarter)	27.09%	213.64%													23.21%	21.53%			60.84%	90.21%

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Grid Dynamics Holdings Income Statement (2018-2025) | GDYN

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