Grid Dynamics Holdings, Inc. (GDYN) Stock

Grid Dynamics Holdings, Inc. (GDYN) is a Technology stock trading at $8.00 (as of 2026-08-21), with a market capitalization of $649.02M and a trailing P/E of 599.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Grid Dynamics Holdings, Inc. provides digital transformation services focused on search, analytics, and release automation, offering technical consulting and software design, development, and testing along with internet service operations. It supports enterprises with these services across North America, Europe, and internationally.

Understand Grid Dynamics Holdings, Inc.: how it makes money

Grid Dynamics provides enterprise digital transformation services for Fortune 1000 companies, including search, analytics, and release automation, and it makes money by delivering consulting and hands-on technology services (strategy, prototypes, software design and development, testing, and internet service operations).

Because Grid Dynamics sells service delivery (consulting through enterprise-scale implementation), its revenue and profitability depend on winning and serving new enterprise customers, and on turning organic work into revenue, with additional contribution reflected in items like DOCS and acquisitions revenue.

Business quality (Weak): Clear business focus and a small set of operating customer metrics, but the provided data does not show clean, mutually exclusive reportable segments that sum to total revenue.

Valuation: Trades at 94× trailing earnings · $0B market cap.

Bull case

  • Customer momentum: New Enterprise Customers Added was 13 (count), suggesting continued enterprise client wins.
  • Healthy gross profitability in the quarter: Gross margin was 34.8%, supported by Organic Revenue of 0.05 USD_B.

Bear case

  • Operating loss: Operating margin was -3.5% (loss-making at the operating level) despite positive gross margin.
  • Mix and vertical exposure are uneven: Some vertical revenue categories shown include very small amounts (for example, Healthcare and Pharma Vertical Revenue is 0.0 USD_B), which may indicate limited diversification by vertical in this snapshot.
Valuation — source: SEC EDGAR (first-party)
Price$8.00
Market Cap$649.02M
P/E Ratio599.3
EV / EBITDA12.0
Price / Book1.25
Price / Sales1.54
FCF Yield5.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$411.83M
Net Margin2.3%
Revenue Growth (YoY)17.5%
EPS Growth (YoY)120.0%
FCF Growth (YoY)37.1%
Financial Health — source: SEC EDGAR
Altman Z-Score7.20 (safe)
Valuation vs Sector & Industry
Stock P/E599.3
Sector P/E (Technology)34.0
Industry P/E (Business Services)30.2
vs Sector1663.5%
vs Industry1886.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($67.16M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOLeonard Livschitz
Employees4,926
CountryUS
IPO Date2018-10-30

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GDYN earnings history · GDYN institutional & insider holders · GDYN KPIs & operating metrics · GDYN financials · GDYN investor presentations & press releases · GDYN SEC filings · GDYN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.