Grid Dynamics Holdings Past Earnings Performance
Past criteria checks 5/6
Grid Dynamics Holdings has been growing earnings at an average annual rate of 11.9%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 22.8% per year. Grid Dynamics Holdings's return on equity is 2.1%, and it has net margins of 2.9%.
Key information
11.93%
Earnings growth rate
12.09%
EPS growth rate
| IT Industry Growth | 22.43% |
| Revenue growth rate | 22.76% |
| Return on equity | 2.11% |
| Net Margin | 2.94% |
| Last Earnings Update | 31 Mar 2025 |
Recent past performance updates
Recent updates
Is Now The Time To Put Grid Dynamics Holdings (NASDAQ:GDYN) On Your Watchlist?
May 19
Grid Dynamics Holdings, Inc. Just Recorded A 44% EPS Beat: Here's What Analysts Are Forecasting Next
May 03Calculating The Intrinsic Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Mar 31
Expanding AI Capabilities Will Provide Tailored Solutions To Fortune 1000 Companies
Expanding AI capabilities and partnerships with hyperscalers are key to driving revenue growth and enhancing operational efficiency.With A 30% Price Drop For Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) You'll Still Get What You Pay For
Mar 11Grid Dynamics Holdings, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 22I Don't Really Like Grid Dynamics, Here's Why I Sort Of Bought It
Nov 29After Leaping 33% Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Shares Are Not Flying Under The Radar
Nov 12Shareholders Can Be Confident That Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Are High Quality
Nov 08Grid Dynamics Is Well-Positioned To Deliver AI Transformations
Oct 16Why Investors Shouldn't Be Surprised By Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) P/S
Jul 16Grid Dynamics Holdings' (NASDAQ:GDYN) Earnings Offer More Than Meets The Eye
May 09Is Now An Opportune Moment To Examine Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?
Apr 11A Look At The Fair Value Of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)
Mar 05Grid Dynamics: Risk-Reward Is Balanced
Jan 22Revenue & Expenses Breakdown
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 Mar 25 | 371 | 11 | 109 | 20 |
| 31 Dec 24 | 351 | 4 | 105 | 18 |
| 30 Sep 24 | 328 | 2 | 102 | 17 |
| 30 Jun 24 | 318 | -1 | 100 | 16 |
| 31 Mar 24 | 313 | 2 | 97 | 15 |
| 31 Dec 23 | 313 | -2 | 100 | 15 |
| 30 Sep 23 | 315 | -11 | 107 | 16 |
| 30 Jun 23 | 319 | -19 | 107 | 16 |
| 31 Mar 23 | 319 | -35 | 121 | 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 has high quality earnings.
Growing Profit Margin: GDYN's current net profit margins (2.9%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GDYN has become profitable over the past 5 years, growing earnings by 11.9% per year.
Accelerating Growth: GDYN's earnings growth over the past year (383%) exceeds its 5-year average (11.9% per year).
Earnings vs Industry: GDYN earnings growth over the past year (383%) exceeded the IT industry 3.3%.
Return on Equity
High ROE: GDYN's Return on Equity (2.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/09 16:39 |
| End of Day Share Price | 2025/06/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vafi | Canaccord Genuity |
| Ryan Potter | Citigroup Inc |
| Tien-tsin Huang | J.P. Morgan |