Grid Dynamics Holdings, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $108.2M | $104.1M | $106.2M | $104.2M | $101.1M | $100.4M | $100.3M | $87.4M |
| Cost of Revenue | $68.5M | $67.9M | $70.0M | $69.5M | $66.6M | $63.4M | $63.2M | $54.7M |
| Gross Profit | $39.6M | $36.2M | $36.1M | $34.7M | $34.5M | $37.0M | $37.0M | $32.7M |
| Gross Margin | 36.6% | 34.8% | 34.0% | 33.3% | 34.1% | 36.8% | 36.9% | 37.4% |
| Operating Expenses | ||||||||
| Research & Development | $6.4M | $6.1M | $4.7M | $5.8M | $6.7M | $6.5M | $5.4M | $4.4M |
| SG&A Expense | $24.8M | $26.1M | $23.6M | $21.9M | $20.8M | $24.3M | $23.2M | $19.3M |
| Operating Income | $1.3M | $-3.7M | $506.0K | $-241.0K | $-123.0K | $-2.0M | $1.3M | $2.1M |
| Operating Margin | 1.2% | -3.5% | 0.5% | -0.2% | -0.1% | -2.0% | 1.3% | 2.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $4.5M | $-440.0K | $2.8M | $3.1M | $7.3M | $2.5M | $5.8M | $5.6M |
| Income Tax Expense | $1.6M | $1.0M | $2.5M | $1.9M | $2.0M | $-443.0K | $1.2M | $1.3M |
| Net Income | $2.9M | $-1.5M | $306.0K | $1.2M | $5.3M | $2.9M | $4.5M | $4.3M |
| Net Margin | 2.6% | -1.4% | 0.3% | 1.1% | 5.2% | 2.9% | 4.5% | 4.9% |
| EPS (Basic) | $0.03 | $-0.02 | $0.01 | $0.01 | $0.06 | $0.03 | $0.05 | $0.06 |
| EPS (Diluted) | $0.03 | $-0.02 | $0.01 | $0.01 | $0.06 | $0.03 | $0.06 | $0.05 |
| Shares Outstanding (Basic) | 82.3M | 84.7M | 84.5M | 84.7M | 84.6M | 84.1M | 77.5M | 76.7M |
| Shares Outstanding (Diluted) | 83.0M | 84.7M | 86.9M | 85.8M | 86.4M | 87.8M | 80.0M | 78.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |