profit from every $100 of sales.

Grid Dynamics Holdings
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $109.81 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Grid Dynamics Holdings sold, what it kept, and what it did with the cash.
Sales went from $310 million in 2022 to $412 million in 2025, with $9.67 million of profit last year.
Grid Dynamics Holdings handed back 8% of the cash it generated last year.
Grid Dynamics Holdings vs. similar companies
Grid Dynamics Holdings grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Grid Dynamics Holdings | 109.8× · Very expensive | ||
IBM | 22.0× · Fair price | ||
Accenture | 17.7× · Fair price | ||
Tata Consultancy Services | 17.7× · Fair price | ||
Infosys | 15.0× · Fair price |
AI analysis
An AI analyst reads Grid Dynamics Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 310 | 313 | 351 | 412 | |
| 121 | 113 | 127 | 142 | |
| -21 | -5 | 0 | -2 | |
| -11 | 8 | 19 | 23 | |
| -29 | -2 | 4 | 10 | |
| -0.42 | -0.02 | 0.05 | 0.11 | |
| 38.8% | 36.2% | 36.2% | 34.6% | |
| -6.8% | -1.5% | 0.1% | -0.4% | |
| -9.4% | -0.6% | 1.2% | 2.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 411 | 435 | 592 | 613 |
| Cash | 257 | 257 | 335 | 342 |
| Total debt | 8 | 11 | 13 | 17 |
| Total liabilities | 48 | 52 | 74 | 71 |
| 363 | 383 | 518 | 542 | |
| 69 | 75 | 80 | 87 | |
| -4.5% | -0.9% | 0.0% | -0.2% | |
| -8.0% | -0.5% | 0.8% | 1.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 32 | 41 | 30 | 41 | |
| 6 | 8 | 12 | 15 | |
| 26 | 33 | 18 | 25 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 2 | |
| 61 | 36 | 34 | 30 |
Valuation
- 109.8×
- 29.8×
- –
- 1.1×
- 2.6×
- 42.0×
- 31.7×
- 2.4%
- 0.9%
- 0.0%
Profitability
- 34.6%
- -0.4%
- 2.3%
- 3.1%
- -0.2%
- -1.8%
- 1.0%
- 0.9%
- -0.6%
- 5.6%
Growth
- +9.9%
- –
- +37.1%
- –
- +9.6%
Financial health
- -23.8×
- 0.03
- 2.9%
- –
- 7.88
- 7.88
- 0.69
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $10.00
- Range
- $8.00 – $12.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.09 | 0.08 | +12.5% |
| Mar 5, 2026 | 0.10 | 0.09 | +11.1% |
| Oct 30, 2025 | 0.09 | 0.09 | +0.0% |
| Jul 31, 2025 | 0.10 | 0.10 | +0.0% |
| May 1, 2025 | 0.11 | 0.09 | +22.2% |
| Feb 20, 2025 | 0.12 | 0.10 | +20.0% |
| Oct 31, 2024 | 0.10 | 0.10 | +0.0% |
| Aug 1, 2024 | 0.08 | 0.07 | +14.3% |
News
NVIDIA And 2 More Grid Stocks To WatchYahoo Finance · Nov 8, 2026Nvidia in talks to invest in Firmus Grid after scrapped IPO- The InformationYahoo Finance · Oct 21, 2026Microsoft Walks Away From Nscale’s UK Data Center as the Grid Runs Out of PowerYahoo Finance · Oct 19, 20263 UK Grid Stocks Retail Investors Are Watching for AI Data Centre PowerYahoo Finance · Oct 18, 2026Eldorado Gold (TSX:ELD) Is Down 8.4% After Securing Grid Power At Skouries Mine In GreeceYahoo Finance · Oct 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Grid Dynamics Holdings
Is Grid Dynamics Holdings a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Grid Dynamics Holdings AI analysis
What does Grid Dynamics Holdings do?
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. It is in Information Technology Services.
Does Grid Dynamics Holdings pay a dividend?
No. Grid Dynamics Holdings does not pay a dividend at the moment; in 2025 it returned $2.00 million to shareholders by buying back its own shares.
Is Grid Dynamics Holdings stock halal?
Questionable. Grid Dynamics Holdings sits in a grey zone: its cash and confirmed interest-bearing investments are 32% of its market value, between 30% and 33%. How we check
How has Grid Dynamics Holdings stock done over the past year?
Up 59.7% over the past twelve months, to $13.21. It traded between $5.21 and $14.06 and is 6.0% below its high.
Who are Grid Dynamics Holdings's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with Grid Dynamics Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



