The Tip Desk

GRID DYNAMICS HOLDINGS, INC.

Company Stats

Market Cap
$639.3M
as of Sep 30, 2026
Shares Outstanding
81.1M
Free Float
64.0%

Income Statement

Revenue
$411.8M
Operating Income
-$1.9M
Net Income
$9.7M
EBITDA
$10.3M
Revenue Growth, 3Y
9.9%
FCF Margin, 3Y Avg
7.3%
FCF Margin, Worst Year
5.3%

Cash Flow

Free Cash Flow
$25.3M
FCF Yield
4.0%
Owner FCF Yield
-0.8%

Balance Sheet

Cash & Equivalents
$342.1M

Returns & Capital

Share Repurchases
$2.0M
Buyback Yield, 3Y Avg
0.1%
SBC, 3Y Avg
$33.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$411.8M$25.3M6.1%
FY2024$350.6M$18.4M5.3%
FY2023$312.9M$33.2M10.6%
FY2022$310.5M$25.6M8.2%
FY2021$211.3M$13.3M6.3%

Annual filing data through FY ended December 31, 2025; shares and float as of November 4, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage