Retail was Grid Dynamics Holdings’s largest product and service line in fiscal 2025, bringing in $120.51M of $411.83M (29%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Retail | $99.68M | $102.55M | $113.96M | $120.51M | |||
| Technology, Media & Telecom | $98.33M | $98.83M | $95.05M | $107.45M | |||
| Tech, Media & Telecom | — | — | — | — | |||
| Finance | $21.89M | $28.84M | $60.16M | $100.38M | |||
| Financial Service | — | — | — | — | |||
| Cpg/Manufacturing | $61.22M | $42.86M | $40.47M | $43.06M | |||
| Other | $21.65M | $26.17M | $29.83M | $30.24M | |||
| Healthcare & Pharma | $7.71M | $13.65M | $11.11M | $10.18M | |||
| Total | $310.48M | $312.91M | $350.57M | $411.83M |
Grid Dynamics Holdings brought in $411.83M from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 17.5% from $350.57M in fiscal 2024. Retail was the largest at $120.51M (29.3%), ahead of Technology, Media & Telecom at $107.45M (26.1%) and Finance at $100.38M (24.4%). The other three lines brought in $83.49M combined.
Compared with fiscal 2024, Finance grew fastest, up 66.9% to $100.38M, while Healthcare & Pharma fell the most, down 8.3% to $10.18M. From fiscal 2022 to 2025, combined revenue from these lines grew from $310.48M to $411.83M, a compound annual growth rate of 9.9%. Retail's share of the total fell from 32.1% to 29.3%.
United States was Grid Dynamics Holdings’s largest region in fiscal 2025, bringing in $289.14M of $411.83M (70%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| United States | $242.65M | $238.16M | $277.74M | $289.14M | |||
| North America | — | — | — | — | |||
| Other | $30.06M | $41.02M | $41.52M | $63.49M | |||
| United Kingdom | $21.89M | $31.88M | $25.26M | $45.19M | |||
| Netherlands | $15.89M | — | — | — | |||
| Poland | — | $1.86M | $6.05M | $14.01M | |||
| Europe | — | — | — | — | |||
| Total | $310.48M | $312.91M | $350.57M | $411.83M |
Grid Dynamics Holdings brought in $411.83M from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 17.5% from $350.57M in fiscal 2024. United States was the largest at $289.14M (70.2%), ahead of Other at $63.49M (15.4%) and United Kingdom at $45.19M (11.0%). The remaining region, Poland, brought in $14.01M.
Compared with fiscal 2024, Poland grew fastest, up 131.6% to $14.01M. Every region above 2% of revenue grew.
Grid Dynamics Holdings began breaking out Poland in fiscal 2023, when it brought in $1.86M. Grid Dynamics Holdings stopped reporting Netherlands as a separate region after fiscal 2022, when it brought in $15.89M.
Time-&-Material was Grid Dynamics Holdings’s largest revenue line in fiscal 2025, bringing in $378.90M of $411.83M (92%).
| Contract with Customer, Basis of Pricing | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Time-&-Material | $285.92M | $281.28M | $326.77M | $378.90M | |||
| Fixed-Fee | $24.57M | $29.99M | $21.46M | $30.52M | |||
| Other Revenues | — | $1.64M | $2.34M | $2.41M | |||
| Total | $310.48M | $312.91M | $350.57M | $411.83M |
Grid Dynamics Holdings brought in $411.83M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 17.5% from $350.57M in fiscal 2024. Time-&-Material was the largest at $378.90M (92.0%), ahead of Fixed-Fee at $30.52M (7.4%) and Other Revenues at $2.41M (0.6%).
Compared with fiscal 2024, Fixed-Fee grew 42.2% to $30.52M and Time-&-Material grew 16.0% to $378.90M.
Grid Dynamics Holdings began breaking out Other Revenues in fiscal 2023, when it brought in $1.64M.
Grid Dynamics Holdings (GDYN) reports its revenue by product and service, by geography and by contract with customer, basis of pricing. In fiscal 2025, Retail was its largest product and service line, bringing in $120.51M (29.3% of the total), followed by Technology, Media & Telecom at $107.45M (26.1%).
Retail was Grid Dynamics Holdings' largest product and service line in fiscal 2025, bringing in $120.51M, or 29.3% of the $411.83M total across its six product and service lines.
United States was Grid Dynamics Holdings' largest region in fiscal 2025, bringing in $289.14M, or 70.2% of the $411.83M total across its four regions.
Time-&-Material was Grid Dynamics Holdings' largest revenue line in fiscal 2025, bringing in $378.90M, or 92.0% of the $411.83M total across its three revenue lines.
Among Grid Dynamics Holdings' product and service lines that make up at least 2% of revenue, Finance grew fastest in fiscal 2025, up 66.9% from $60.16M to $100.38M.
Every figure comes from Grid Dynamics Holdings' annual financial filings, as reported. Each line keeps the name Grid Dynamics Holdings gives it, and years follow its fiscal calendar.
Grid Dynamics Holdings' revenue by product and service goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.