GRID DYNAMICS HOLDINGS, INC.

GDYN · XNAS

CIK 1743725fmd_1Y2H8997DP8MPBQ7MDFWH9EX3ZServices · Services-Prepackaged SoftwareTemplate: Standard

Coverage: Jan 01, 2018 to Sep 30, 2026, 33 periods

Income Statement · Annual · Millions · USD
Line item	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	92	118	111	211	310	313	351	412
Cost of revenue	53	70	70	124	190	200	224	269
Net interest income	–	2	–	–	–	–	–	–
Gross profit	39	48	42	88	121	113	127	142
Research and development	3	4	9	8	16	15	18	24
Selling, general and administrative	18	28	48	79	126	104	111	121
Total operating expenses	25	33	57	88	142	119	129	144
Operating income	14	16	(15)	0	(21)	(6)	(2)	(2)
Other non-operating income (expense)	(1)	(0)	0	(3)	1	10	13	18
Income before taxes	13	15	(15)	(2)	(20)	5	11	16
Income tax expense	4	5	(3)	5	9	7	7	6
Net income from continuing operations	9	11	(13)	(8)	(29)	(2)	4	10
Net income	9	11	(13)	(8)	(29)	(2)	4	10
Net income to common shareholders	9	10	(13)	(8)	–	–	–	–