Grid Dynamics Holdings, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | 40.8% | 13.2% | 9.1% |
| FY2020 | 37.4% | -13.9% | -11.3% |
| FY2021 | 41.5% | 0.0% | -3.6% |
| FY2022 | 38.8% | -6.8% | -9.4% |
| FY2023 | 36.2% | -1.8% | -0.6% |
| FY2024 | 36.2% | -0.6% | 1.2% |
| FY2025 | 34.6% | -0.5% | 2.3% |