Grid Dynamics Holdings Past Earnings Performance
Past criteria checks 0/6
Grid Dynamics Holdings's earnings have been declining at an average annual rate of -51.3%, while the IT industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 29% per year.
Key information
-51.3%
Earnings growth rate
-57.6%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 29.0% |
| Return on equity | -0.5% |
| Net Margin | -0.6% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Is Now An Opportune Moment To Examine Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?
Apr 11
A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Mar 05Grid Dynamics: Risk-Reward Is Balanced
Jan 22Grid Dynamics Holdings (NASDAQ:GDYN) May Have Issues Allocating Its Capital
Dec 14Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 06When Should You Buy Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?
Aug 26Calculating The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Aug 03At US$8.29, Is Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Worth Looking At Closely?
May 12Calculating The Intrinsic Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Apr 15Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 26% Above Its Share Price
Jan 11Why Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Could Be Worth Watching
Oct 05A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Sep 09Grid Dynamics stock drops on pricing of share offering at $17.50/share
Sep 08Grid Dynamics Non-GAAP EPS of $0.12 beats by $0.03, revenue of $77.34M beats by $4.09M
Aug 04What Is Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Share Price Doing?
Jul 01Grid Dynamics Holdings: A First Take On Recent Insider Buying
May 27Returns On Capital At Grid Dynamics Holdings (NASDAQ:GDYN) Paint A Concerning Picture
May 26At US$10.43, Is Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Worth Looking At Closely?
Mar 28Grid Dynamics: Just Not Worth The Risks Right Now
Mar 11Revenue & Expenses BreakdownBeta
How Grid Dynamics Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 313 | -2 | 100 | 15 |
| 30 Sep 23 | 315 | -11 | 108 | 16 |
| 30 Jun 23 | 319 | -19 | 110 | 16 |
| 31 Mar 23 | 319 | -35 | 122 | 17 |
| 31 Dec 22 | 310 | -29 | 114 | 16 |
| 30 Sep 22 | 296 | -26 | 109 | 14 |
| 30 Jun 22 | 273 | -20 | 107 | 12 |
| 31 Mar 22 | 244 | -8 | 87 | 10 |
| 31 Dec 21 | 211 | -8 | 78 | 8 |
| 30 Sep 21 | 175 | -9 | 67 | 8 |
| 30 Jun 21 | 143 | -9 | 56 | 8 |
| 31 Mar 21 | 118 | -10 | 49 | 9 |
| 31 Dec 20 | 111 | -13 | 46 | 9 |
| 30 Sep 20 | 113 | -6 | 40 | 8 |
| 30 Jun 20 | 118 | -1 | 36 | 7 |
| 31 Mar 20 | 125 | 5 | 34 | 5 |
| 31 Dec 19 | 118 | 10 | 28 | 4 |
| 30 Sep 19 | 112 | 9 | 28 | 3 |
| 31 Dec 18 | 92 | 9 | 23 | 3 |
| 31 Dec 17 | 71 | 8 | 14 | 2 |
Quality Earnings: GDYN is currently unprofitable.
Growing Profit Margin: GDYN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GDYN is unprofitable, and losses have increased over the past 5 years at a rate of 51.3% per year.
Accelerating Growth: Unable to compare GDYN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GDYN is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (0.4%).
Return on Equity
High ROE: GDYN has a negative Return on Equity (-0.46%), as it is currently unprofitable.