GDYN · XBRL financial data

Grid Dynamics Holdings financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (GDYN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	111,283	—	—	—	—	—
Revenue from contracts with customers	111,283	211,280	310,482	312,910	350,571	411,827
Cost of revenue	69,662	123,552	189,892	199,764	223,566	269,479
Gross profit	41,621	87,728	120,590	113,146	127,005	142,348
Research and development	9,311	8,459	15,772	14,741	18,347	23,665
Selling, general and administrative	37,707	—	—	—	—	—
General and administrative	37,707	64,762	106,018	79,834	82,141	90,546
Total operating expenses	57,069	87,678	141,598	118,726	129,110	144,243
Operating income (loss)	(15,448)	50	(21,008)	(5,580)	(2,105)	(1,895)
Other income (expense)	236	(2,502)	555	10,418	13,160	17,596
Income tax expense (benefit)	(2,613)	5,248	8,761	6,603	7,014	6,033
Net income (loss)	(12,599)	(7,700)	(29,214)	(1,765)	4,041	9,668
Earnings per share, basic USD per share	(0.28)	(0.13)	(0.42)	(0.02)	0.05	0.11
Earnings per share, diluted USD per share	(0.28)	(0.13)	(0.42)	(0.02)	0.05	0.11
Weighted average shares, basic thousands of shares	45	58,662	69,197	75,193	77,465	84,539
Weighted average shares, diluted thousands of shares	45	58,662	69,197	75,193	79,974	86,892

Fiscal years (GDYN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	112,745	144,364	256,729	257,227	334,655	342,058
Accounts receivable	16,890	38,838	48,358	49,824	69,371	79,485
Prepaid and other current assets	2,361	4,503	8,154	9,196	19,278	17,987
Total current assets	134,616	192,764	323,126	323,980	423,304	439,530
Property and equipment, net	4,095	6,169	8,215	11,358	14,018	17,666
Right-of-use asset	—	0	7,694	10,446	12,108	16,383
Goodwill	14,690	35,958	45,514	53,868	83,407	84,364
Total assets	167,135	256,719	411,146	435,165	592,192	612,890
Accounts payable	757	2,053	3,897	3,621	4,069	3,698
Accrued liabilities	628	1,150	1,302	2,943	5,111	6,131
Total current liabilities	13,318	25,344	38,710	42,223	55,544	52,114
Long-term debt	—	0	—	—	—	—
Lease liability, non-current	—	0	5,636	6,761	7,205	10,783
Total liabilities	15,411	29,668	48,102	52,258	74,363	70,817
Retained earnings (accumulated deficit)	22,793	15,093	(14,121)	(15,886)	(11,845)	(2,177)
Total stockholders' equity	151,724	227,051	363,044	382,907	517,829	542,073
Total liabilities and equity	167,135	256,719	411,146	435,165	592,192	612,890
Common shares outstanding (cover page) thousands of shares	53,803	66,954	74,833	75,974	83,838	85,354

Fiscal years (GDYN's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(12,599)	(7,700)	(29,214)	(1,765)	4,041	9,668
Stock-based compensation	20,006	33,036	60,968	35,516	34,167	30,343
Net cash from operating activities	5,932	17,973	31,652	41,093	30,198	40,600
Purchases of property and equipment	2,252	4,716	6,069	7,870	11,766	15,334
Net cash from investing activities	(18,339)	(35,366)	(16,323)	(25,950)	(51,301)	(15,136)
Proceeds from issuing common stock	0	78,311	109,537	0	108,077	0
Share repurchases	123,865	0	0	0	0	2,000
Dividends paid	0	0	—	—	—	—
Net cash from financing activities	82,967	49,134	97,758	(16,321)	101,162	(19,937)
Net change in cash	70,556	31,619	112,365	498	77,928	6,903

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Grid Dynamics Holdings	304,287	114,294	16,016*	80.4M	—	Q3 FY26 10-QSep 30, 2026
PDF Solutions	114,883	not reported	16,401*	42.2M	—	Q2 FY26 10-QJun 30, 2026
Healthstream	46,169	83,732	13,431*	29.2M	—	Q2 FY26 10-QJun 30, 2026
OneSpan	51,393	63,885	16,493*	36.9M	—	Q3 FY26 10-QSep 30, 2026
Red Violet	49,972	26,718	10,637*	16.0M	—	Q2 FY26 10-QJun 30, 2026
Red Cat Holdings	325,553	20,189	(46,804)*	152.7M	7.0 quarters	Q2 FY26 10-QJun 30, 2026
EverQuote	229,070	218,077	40,482*	not reported	—	Q3 FY26 10-QSep 30, 2026
Taboola.com	133,052	476,826	31,253*	not reported	—	Q2 FY25 10-QJun 30, 2026
N-able	115,812	138,223	26,514*	188.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.