Grid Dynamics Holdings, Inc.

NasdaqCM:GDYN Stock Report

Market Cap: US$2.0b

Grid Dynamics Holdings Management

Management criteria checks 4/4

Grid Dynamics Holdings' CEO is Leonard Livschitz, appointed in Jan 2014, has a tenure of 11.08 years. total yearly compensation is $5.82M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 3.01% of the company’s shares, worth $60.39M. The average tenure of the management team and the board of directors is 3.4 years and 7.9 years respectively.

Key information

Leonard Livschitz

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage13.7%
CEO tenure11.1yrs
CEO ownership3.0%
Management average tenure3.4yrs
Board average tenure7.9yrs

Recent management updates

Recent updates

I Don't Really Like Grid Dynamics, Here's Why I Sort Of Bought It

Nov 29

After Leaping 33% Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Shares Are Not Flying Under The Radar

Nov 12
After Leaping 33% Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Shares Are Not Flying Under The Radar

Shareholders Can Be Confident That Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Are High Quality

Nov 08
Shareholders Can Be Confident That Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Are High Quality

Grid Dynamics Is Well-Positioned To Deliver AI Transformations

Oct 16

Why Investors Shouldn't Be Surprised By Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) P/S

Jul 16
Why Investors Shouldn't Be Surprised By Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) P/S

Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Offer More Than Meets The Eye

May 09
Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Offer More Than Meets The Eye

Is Now An Opportune Moment To Examine Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?

Apr 11
Is Now An Opportune Moment To Examine Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?

A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)

Mar 05
A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)

Grid Dynamics: Risk-Reward Is Balanced

Jan 22

Grid Dynamics Holdings (NASDAQ:GDYN) May Have Issues Allocating Its Capital

Dec 14
Grid Dynamics Holdings (NASDAQ:GDYN) May Have Issues Allocating Its Capital

Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 24% Below Its Share Price

Nov 06
Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 24% Below Its Share Price

When Should You Buy Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?

Aug 26
When Should You Buy Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?

Calculating The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)

Aug 03
Calculating The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)

At US$8.29, Is Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Worth Looking At Closely?

May 12
At US$8.29, Is Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Worth Looking At Closely?

CEO Compensation Analysis

How has Leonard Livschitz's remuneration changed compared to Grid Dynamics Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

-US$1m

Mar 31 2024n/an/a

US$2m

Dec 31 2023US$6mUS$800k

-US$2m

Sep 30 2023n/an/a

-US$11m

Jun 30 2023n/an/a

-US$19m

Mar 31 2023n/an/a

-US$35m

Dec 31 2022US$25mUS$733k

-US$29m

Sep 30 2022n/an/a

-US$26m

Jun 30 2022n/an/a

-US$20m

Mar 31 2022n/an/a

-US$8m

Dec 31 2021US$7mUS$600k

-US$8m

Sep 30 2021n/an/a

-US$9m

Jun 30 2021n/an/a

-US$9m

Mar 31 2021n/an/a

-US$10m

Dec 31 2020US$17mUS$555k

-US$13m

Sep 30 2020n/an/a

-US$6m

Jun 30 2020n/an/a

-US$505k

Mar 31 2020n/an/a

US$5m

Dec 31 2019US$2mUS$517k

US$10m

Sep 30 2019n/an/a

US$9m

Dec 31 2018US$4mUS$400k

US$9m

Compensation vs Market: Leonard's total compensation ($USD5.82M) is about average for companies of similar size in the US market ($USD5.35M).

Compensation vs Earnings: Leonard's compensation has been consistent with company performance over the past year.

CEO

Leonard Livschitz (56 yo)

11.1yrs

Tenure

US$5,822,320

Compensation

Mr. Leonard Livschitz has been the Chief Executive Officer at Grid Dynamics Holdings, Inc. since 2014. Prior to joining Grid Dynamics, Mr. Livschitz co-founded the LED solutions company Luxera, serving as...

Leadership Team

NamePositionTenureCompensationOwnership
Leonard Livschitz
CEO & Director11.1yrsUS$5.82m3.01%
$ 60.4m
Anil Doradla
CFO & Secretary5.3yrsUS$873.99k0.34%
$ 6.8m
Yury Gryzlov
COO & CEO of Grid Dynamics Europe4.1yrsUS$1.36m0.43%
$ 8.7m
Rajeev Sharma
Chief Technology Officer3.6yrsno datano data
Valery Zelixon
Senior Vice President of Sales & Account Management1.6yrsno datano data
Maria Vainer
Vice President of Human Resources1.1yrsno datano data
Eugene Steinberg
Technical Fellow & Head of Digital Commerce3.4yrsno datano data
Vadim Kozyrkov
Senior Vice President of Engineering & Strategic Account Developmentno datano datano data
Vasily Sizov
Senior VP & Head of Americasless than a yearno datano data
Rahul Shah
Regional Head of Indialess than a yearno datano data

3.4yrs

Average Tenure

53yo

Average Age

Experienced Management: GDYN's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Leonard Livschitz
CEO & Director19.1yrsUS$5.82m3.01%
$ 60.4m
Eric Benhamou
Independent Director19.1yrsUS$154.99k0.36%
$ 7.3m
Lloyd Carney
Independent Chairman6.7yrsUS$180.00k1.28%
$ 25.6m
Michael Southworth
Independent Director5.1yrsUS$134.99k0.039%
$ 784.3k
Patrick Nicolet
Independent Director3yrsUS$114.99k0.020%
$ 400.4k
Marina Levinson
Independent Director5.1yrsUS$129.99k0.036%
$ 716.5k
Weihang Wang
Non-Employee Director8.1yrsUS$114.99k0.037%
$ 743.8k
Yueou Wang
Non-Employee Director8.1yrsUS$114.99k0.037%
$ 743.8k
Shuo Zhang
Independent Director7.9yrsUS$129.99k0.11%
$ 2.2m

7.9yrs

Average Tenure

58yo

Average Age

Experienced Board: GDYN's board of directors are considered experienced (7.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 08:15
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grid Dynamics Holdings, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph VafiCanaccord Genuity
Joshua SieglerCantor Fitzgerald & Co.
Ryan PotterCitigroup Inc