The table below shows GRID DYNAMICS HOLDINGS, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$411.83M
$350.57M
$312.91M
$310.48M
$211.28M
$111.28M
Cost of revenue
$269.48M
$223.57M
$199.76M
$189.89M
$123.55M
$69.66M
Gross profit
$142.35M
$127.00M
$113.15M
$120.59M
$87.73M
$41.62M
R&D
$23.66M
$18.35M
$14.74M
$15.77M
$8.46M
$9.31M
GDYN annual revenue (10-K history)
GRID DYNAMICS HOLDINGS, INC. reported annual revenue of $411.83M for fiscal year 2025. That is up 17.5% from $350.57M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $91.86M (FY 2018) to $411.83M. Figures come from the company's audited annual reports as filed with the SEC.