Grid Dynamics Holdings reported revenue of $114.29M and net income of $6.16M for the quarter ended Sep 2026, up 9.7% year over year. This income statement covers 33 quarters of results from Sep 2018 through Sep 2026, standardized by Business Quant from the company’s SEC filings.
| Income StatementIncome Statement | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 | Sep2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||
| Revenue | 66.54M | 71.41M | 77.34M | 81.16M | 80.58M | 80.08M | 77.34M | 77.42M | 78.07M | 79.82M | 83.04M | 87.44M | 100.28M | 100.42M | 101.10M | 104.16M | 106.15M | 104.10M | 108.16M | 114.29M | |||||||||||||
| Cost of RevenueCost of Rev | 39.21M | 44.63M | 48.47M | 48.49M | 48.30M | 51.51M | 49.04M | 49.27M | 49.96M | 52.15M | 53.47M | 54.71M | 63.23M | 63.42M | 66.59M | 69.45M | 70.02M | 67.87M | 68.55M | 68.21M | |||||||||||||
| Gross Profit | 27.33M | 26.78M | 28.86M | 32.67M | 32.28M | 28.58M | 28.31M | 28.15M | 28.11M | 27.67M | 29.56M | 32.73M | 37.05M | 37.00M | 34.50M | 34.71M | 36.14M | 36.23M | 39.62M | 46.08M | |||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 2.77M | 3.10M | 3.84M | 4.14M | 4.70M | 4.20M | 3.27M | 3.40M | 3.86M | 4.37M | 4.13M | 4.45M | 5.40M | 6.49M | 6.74M | 5.76M | 4.68M | 6.08M | 6.42M | 6.52M | |||||||||||||
| Selling, General & AdministrativeSG&A | 21.57M | 19.27M | 30.74M | 28.20M | 27.82M | 24.73M | 17.74M | 18.48M | 18.89M | 21.54M | 18.11M | 19.33M | 23.16M | 24.29M | 20.77M | 21.85M | 23.64M | 26.14M | 24.80M | 23.32M | |||||||||||||
| Other Operating ExpensesOther Opex | 4.52M | 4.22M | 5.13M | 5.08M | 5.38M | 5.63M | 5.96M | 6.13M | 6.42M | 7.29M | 7.29M | 6.82M | 7.23M | 8.26M | 7.12M | 7.34M | 7.32M | 7.69M | 7.12M | 7.10M | |||||||||||||
| Operating ExpensesOpex | 28.85M | 26.58M | 39.71M | 37.42M | 37.89M | 34.57M | 26.97M | 28.01M | 29.18M | 33.21M | 29.52M | 30.59M | 35.79M | 39.03M | 34.63M | 34.95M | 35.63M | 39.91M | 38.34M | 36.95M | |||||||||||||
| Operating IncomeOp. Inc | -1.53M | 0.20M | -10.85M | -4.75M | -5.61M | -5.99M | 1.33M | 0.14M | -1.07M | -5.54M | 0.04M | 2.14M | 1.26M | -2.04M | -0.12M | -0.24M | 0.51M | -3.68M | 1.28M | 9.14M | |||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -1.49M | -0.70M | -0.63M | 1.45M | 0.43M | 1.68M | 3.01M | 3.16M | 2.57M | 2.53M | 2.67M | 3.47M | 4.50M | 4.51M | 7.42M | 3.36M | 2.30M | 3.24M | 3.19M | 2.24M | |||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||
| EBIT | -1.53M | 0.20M | -10.85M | -4.75M | -5.61M | -5.99M | 1.33M | 0.14M | -1.07M | -5.54M | 0.04M | 2.14M | 1.26M | -2.04M | -0.12M | -0.24M | 0.51M | -3.68M | 1.28M | 9.14M | |||||||||||||
| EBT | -3.01M | -0.50M | -11.48M | -3.30M | -5.18M | -4.31M | 4.34M | 3.30M | 1.50M | -3.02M | 2.71M | 5.60M | 5.77M | 2.47M | 7.30M | 3.12M | 2.81M | -0.44M | 4.46M | 11.37M | |||||||||||||
| Tax ProvisionsTaxes | 0.55M | 2.20M | 1.71M | 3.40M | 1.52M | 3.70M | 1.72M | 2.63M | -1.40M | 0.93M | 3.52M | 1.32M | 1.21M | -0.44M | 2.03M | 1.95M | 2.50M | 1.03M | 1.61M | 5.21M | |||||||||||||
| Income After Tax | -3.56M | -2.70M | -13.19M | -6.70M | -6.70M | -8.01M | 2.63M | 0.68M | 2.90M | -3.95M | -0.82M | 4.28M | 4.55M | 2.91M | 5.27M | 1.18M | 0.31M | -1.47M | 2.85M | 6.16M | |||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -3.56M | -2.70M | -13.19M | -6.70M | -6.70M | -8.01M | 2.63M | 0.68M | 2.90M | -3.95M | -0.82M | 4.28M | 4.55M | 2.91M | 5.27M | 1.18M | 0.31M | -1.47M | 2.85M | 6.16M | |||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | |||||||||||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -3.56M | -2.70M | -13.19M | -6.70M | -6.70M | -8.01M | 2.63M | 0.68M | 2.90M | -3.95M | -0.82M | 4.28M | 4.55M | 2.91M | 5.27M | 1.18M | 0.31M | -1.47M | 2.85M | 6.16M | |||||||||||||
| Income towards Parent CompanyParent Net Inc | -3.61M | -2.67M | -13.19M | -6.66M | -6.70M | -7.97M | 2.63M | 0.68M | 2.90M | -3.95M | -0.82M | 4.28M | 4.52M | 2.91M | 5.27M | 1.18M | 0.31M | -1.47M | 2.85M | 6.16M | |||||||||||||
| Net Income towards Common StockholdersNet Income | -3.61M | -2.67M | -13.19M | -6.66M | -6.70M | -7.97M | 2.63M | 0.68M | 2.90M | -3.95M | -0.82M | 4.28M | 4.52M | 2.91M | 5.27M | 1.18M | 0.31M | -1.47M | 2.85M | 6.16M | |||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.06 | -0.04 | -0.20 | -0.10 | -0.10 | -0.11 | 0.03 | 0.01 | 0.04 | -0.05 | -0.01 | 0.06 | 0.06 | 0.03 | 0.06 | 0.01 | 0.00 | -0.02 | 0.03 | 0.08 | |||||||||||||
| EPS (Diluted) | -0.06 | -0.04 | -0.20 | -0.10 | -0.10 | -0.11 | 0.03 | 0.01 | 0.04 | -0.05 | -0.01 | 0.05 | 0.06 | 0.03 | 0.06 | 0.01 | 0.00 | -0.02 | 0.03 | 0.08 | |||||||||||||
| Shares Outstanding | 58.66M | 66.92M | 67.14M | 68.62M | 69.20M | 74.46M | 75.15M | 75.46M | 75.19M | 76.15M | 76.60M | 76.70M | 77.47M | 84.12M | 84.58M | 84.70M | 84.54M | 84.68M | 82.28M | 80.72M | |||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 58.66M | 66.92M | 67.14M | 68.62M | 69.20M | 74.46M | 76.85M | 77.34M | 75.19M | 76.15M | 76.60M | 78.84M | 79.97M | 87.79M | 86.45M | 85.84M | 86.89M | 84.68M | 83.02M | 81.89M | |||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 66.85M | 67.06M | 67.29M | 74.00M | 74.16M | 74.90M | 75.33M | 75.59M | 75.89M | 76.52M | 76.66M | 76.74M | 83.61M | 84.49M | 84.61M | 84.71M | 84.64M | 83.57M | 81.07M | 80.32M | |||||||||||||
| EBITDA | 0.00M | 1.79M | -9.14M | -3.11M | -3.86M | -4.32M | 3.49M | 2.62M | 1.61M | -2.63M | 3.28M | 5.56M | 5.91M | 2.68M | 4.78M | 4.77M | 5.58M | 1.52M | 6.55M | 15.05M | |||||||||||||
| Tax Rate | 39.50% | 79.53% | 130.20% | 23.56% | 21.06% | 27.78% | 62.31% | 89.10% | 36.10% | 45.81% |
Pull Grid Dynamics Holdings's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=GDYN&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "GDYN", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=GDYN&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();