GRID DYNAMICS HOLDINGS, INC.
GDYNNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $411.8M | $350.6M | $312.9M | $310.5M | $211.3M | $111.3M |
| Operating income | −$1.9M | −$2.1M | −$5.6M | −$21.0M | $50,000 | −$15.4M |
| Net income | $9.7M | $4.0M | −$1.8M | −$29.2M | −$7.7M | −$12.6M |
| Total assets | $612.9M | $592.2M | $435.2M | $411.1M | $256.7M | $167.1M |
| Total liabilities | $70.8M | $74.4M | $52.3M | $48.1M | $29.7M | $15.4M |
| Equity | $542.1M | $517.8M | $382.9M | $363.0M | $227.1M | $151.7M |
| EPS (diluted) | $0.11 | $0.05 | $-0.02 | $-0.42 | $-0.13 | $-0.28 |
| Shares out. | 83.8M | 76.0M | 74.8M | 67.0M | 53.8M | 50.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −0.5%
- Net margin
- 2.3%
- Return on equity
- 1.8%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- −0.3%
- Liabilities / assets
- 11.6%
- Debt / equity
- 0.13×
- Book value / share
- $6.47
- Revenue growth (YoY)
- 17.5%
- Net income growth (YoY)
- 139.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 12.15safe
- Accruals / assets
- −5.0%clean
- Beneish M-Score
- -2.54normal
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 5 good- Operating losses (negative operating margin)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Alyeska Investment Group, L.P.Passive (13G)May 15, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Wasatch Advisors LpPassive (13G)Nov 13, 2025
- Blackrock, Inc.Passive (13G)Jan 8, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 7.2M | 2.3 | +37.9% |
| Apr 30, 2026 | 5.2M | 4.4 | -0.9% |
| Apr 15, 2026 | 5.3M | 4.3 | -4.7% |
| Mar 31, 2026 | 5.6M | 3.3 | +7.0% |
| Mar 13, 2026 | 5.2M | 2.7 | +15.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsApr 30, 2026
- Results of operationsMar 5, 2026
- Amended charter or bylawsFeb 27, 2026
- Director / officer change · Shareholder voteDec 23, 2025
- Director / officer changeNov 10, 2025
- Results of operations · Other material eventOct 30, 2025
- Results of operationsJul 31, 2025
- Entered a material agreement · New financial obligationMay 21, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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