# Grid Dynamics Holdings share price today (Grid Dynamics Holdings, Inc., GDYN)

> Grid Dynamics Holdings, Inc.'s earnings have grown faster than its share price. Earnings per share grew +120.0% in a year while the price moved +43.1%. GDYN · Technology · Information Technology Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/gdyn

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## Key numbers

- Price: $13.37 (+43.1% in a year)
- P/E: 149.9×, over 1 year
- Revenue (Jun 2026): $108 M (+7.0% on a year ago)
- Profit (Jun 2026): $2.9 M (−45.9% on a year ago)
- Operating margin: 3.6% (+3.3 points on a year ago)
- ROE: 2%, FY25
- ROIC: 3.0%, against a 9.3% cost of capital: −6.3 points
- Profit that came in as cash: 516%, last 2 years

The main question: yearly earnings per share moved +120.0% while the share price moved +43.1%. ## What is the Grid Dynamics Holdings share price today? Grid Dynamics Holdings, Inc.'s share price was $13.37 at the close on 3 November 2026. That is 91.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $13, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 15 weeks in a row. Over the last 1 year the share price moved +26% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Grid Dynamics Holdings pay? Grid Dynamics Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Grid Dynamics Holdings on? Grid Dynamics Holdings is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Grid Dynamics Holdings profitable? Grid Dynamics Holdings, Inc. earned $2.9 M of net profit in the Jun 2026 quarter, −45.9% on the same quarter a year earlier. Full-year FY25 profit was $9.7 M. That is 2.6% of the quarter's revenue. The same quarter a year earlier earned $5.3 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $9.7 M (+139.2% on the year before). Why profit moved: revenue changed +7.0% on a year earlier and the margin moved +3.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −90.5% and revenue +8.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Grid Dynamics Holdings make, and is it growing? Grid Dynamics Holdings, Inc. reported $108 M of revenue in the Jun 2026 quarter, +7.0% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 18.2% a year on average. The last full year, FY25, came in at $412 M. The last four reported quarters add to $423 M. FY25 revenue was $412 M, +17.5% on the year before. Recent pace: the last four quarters grew +8.9% on average, against 18.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.6%, against +15.2% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Grid Dynamics Holdings keep? Grid Dynamics Holdings, Inc.'s operating margin was 3.6% in the Jun 2026 quarter, 3.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −3.0% and 1.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +3.3 percentage points on the year while gross margin changed +2.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Grid Dynamics Holdings' profit turning into cash? Over the last 2 years, 516% of Grid Dynamics Holdings, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $40.6 M of operating cash against $9.7 M of profit. After $15.3 M of spending on assets, $25.3 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Grid Dynamics Holdings' cash go? Grid Dynamics Holdings, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $35.0 M on assets over the last 3 years. Averaged over those years that is 2.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $35.0 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Grid Dynamics Holdings' P/E ratio, and how does it compare with its own history? Grid Dynamics Holdings, Inc.'s P/E is 149.9×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +120.0% while the price moved +43.1%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Grid Dynamics Holdings business getting better or worse? Grid Dynamics Holdings, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Grid Dynamics Holdings earn on its capital? Grid Dynamics Holdings, Inc. earned a ROE of 2% in FY25. That is up from a low of −8% in FY22. Its return on capital used (ROIC) is 6.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.3% net margin and 0.67× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 2.3% net margin × 0.67× asset turnover × 1.13× leverage (assets divided by equity) ≈ 1.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.0% − 9.3% = −6.3 percentage points. The 9.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 0.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Grid Dynamics Holdings have too much debt? Grid Dynamics Holdings, Inc. has total debt of $16.7 M against shareholder equity of $520 M as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.02 in FY22 to 0.03 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Grid Dynamics Holdings shareholding pattern? 6.7% of Grid Dynamics Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Grid Dynamics Holdings from balance-sheet trouble? For Grid Dynamics Holdings, Inc., the Z-score is 6.25. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 6.25 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Grid Dynamics Holdings rank in its industry? There is no score against its industry: Grid Dynamics Holdings, Inc. is not among the largest members shown in this industry comparison for Information Technology Services. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Grid Dynamics Holdings compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Grid Dynamics Holdings in size? Grid Dynamics Holdings is the 40th largest of 52 Information Technology Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Clarivate Plc, BigBear.ai Holdings, Inc. and NCR Voyix Corporation. Just below it: N-able, Inc., SharonAI Holdings Inc. and VNET Group, Inc. ### Information Technology Services companies close in size

1. [Clarivate Plc](https://www.sectoralpha.in/us/stocks/clvt) $1.3 billion
2. [BigBear.ai Holdings, Inc.](https://www.sectoralpha.in/us/stocks/bbai) $1.2 billion
3. [NCR Voyix Corporation](https://www.sectoralpha.in/us/stocks/vyx) $1.2 billion
4. Grid Dynamics Holdings, Inc. $1.1 billion
5. [N-able, Inc.](https://www.sectoralpha.in/us/stocks/nabl) $952 million
6. [SharonAI Holdings Inc.](https://www.sectoralpha.in/us/stocks/shaz) $852 million
7. [VNET Group, Inc.](https://www.sectoralpha.in/us/stocks/vnet) $848 million

[All 52 Information Technology Services companies, largest first](https://www.sectoralpha.in/us/sectors/information-technology-services#all-companies)

### Companies close in size in other industries

1. [LGI Homes, Inc.](https://www.sectoralpha.in/us/stocks/lgih) $1.1 billion · Residential Construction
2. [Marcus & Millichap, Inc.](https://www.sectoralpha.in/us/stocks/mmi) $1.1 billion · Real Estate Services
3. Grid Dynamics Holdings, Inc. $1.1 billion
4. [National Healthcare Properties, Inc.](https://www.sectoralpha.in/us/stocks/nhp) $1.1 billion · REIT - Residential
5. [Ecovyst Inc.](https://www.sectoralpha.in/us/stocks/ecvt) $1.1 billion · Specialty Chemicals

## What else do people ask about Grid Dynamics Holdings? ### What were Grid Dynamics Holdings's latest quarterly results? Grid Dynamics Holdings, Inc. reported revenue of $108 M and net profit of $2.9 M for the Jun 2026 quarter. Revenue rose 7.0% and profit fell 45.9% compared with a year earlier. Earnings per share were $0.03. The operating margin was 3.6%, 3.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is Grid Dynamics Holdings's market cap? Grid Dynamics Holdings, Inc.'s market capitalisation is $1.1 B at a stock price of $13.37. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Grid Dynamics Holdings performing? Grid Dynamics Holdings, Inc.'s latest readings are below. In its latest quarter, revenue rose 7.0% and profit fell 45.9% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 15 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Grid Dynamics Holdings's stock price go up? This page does not forecast Grid Dynamics Holdings, Inc.'s stock price. What it shows instead: the stock price is $13.37. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Grid Dynamics Holdings's profit real cash? Yes, over the last 2 years, 516% of Grid Dynamics Holdings, Inc.'s reported profit came in as cash from operations. The latest year was lower at 420%, so the trend is worth watching. In FY25, operating cash was $40.6 M against reported profit of $9.7 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Grid Dynamics Holdings in its business cycle? Grid Dynamics Holdings, Inc.'s FY25 operating margin was 0.6%, against a 5-year range of −3.0% to 1.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Grid Dynamics Holdings story? The main question: yearly earnings per share moved +120.0% while the share price moved +43.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Grid Dynamics Holdings a stock worth studying right now? What the numbers show: Grid Dynamics Holdings, Inc.'s earnings have grown faster than its share price. Earnings per share grew +120.0% in a year while the price moved +43.1%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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