Grid Dynamics Holdings, Inc. (GDYN) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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GDYN Revenue Growth
Revenue Breakdown (FY 2025)
GDYN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
GDYN Revenue Analysis (2017–2025)
As of May 8, 2026, Grid Dynamics Holdings, Inc. (GDYN) generated trailing twelve-month (TTM) revenue of $415.5 million, reflecting modest growth of +3.7% year-over-year. The most recent quarter (Q1 2026) recorded $104.1 million in revenue, down 1.9% sequentially.
Looking at the longer-term picture, GDYN's 5-year compound annual growth rate (CAGR) stands at +29.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $411.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows GDYN's business is primarily driven by Retail (29%), Technology, Media, And Telecom (26%), and Financial Service (24%).
When compared to Technology sector peers including EPAM (+14.2% YoY), GLOB (+5.6% YoY), and EXLS (+13.4% YoY), GDYN has underperformed the peer group in terms of revenue growth. Compare GDYN vs EPAM →
GDYN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GDYNCurrent | $416M | +3.7% | +29.9% | 0.6% | |
 EPAM | $5.5B | +14.2% | +15.5% | 9.6% | |
 GLOB | $2.4B | +5.6% | +29.7% | 9.3% | |
 EXLS | $2.1B | +13.4% | +16.8% | 15.0% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 CASS | $191M | -1.5% | +5.2% | 20.3% |
GDYN Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $411.8M | +17.5% | $142.3M | 34.6% | $2.3M | 0.6% |
| 2024 | $350.6M | +12.0% | $127.0M | 36.2% | $-2,105,000 | -0.6% |
| 2023 | $312.9M | +0.8% | $113.1M | 36.2% | $-5,580,000 | -1.8% |
| 2022 | $310.5M | +47.0% | $120.6M | 38.8% | $-21,008,000 | -6.8% |
| 2021 | $211.3M | +89.9% | $87.7M | 41.5% | $50K | 0.0% |
| 2020 | $111.3M | -6.0% | $41.6M | 37.4% | $-15,448,000 | -13.9% |
| 2019 | $118.3M | +28.8% | $48.2M | 40.8% | $15.6M | 13.2% |
| 2018 | $91.9M | +30.0% | $39.3M | 42.8% | $13.8M | 15.1% |
| 2017 | $70.7M | - | $30.0M | 42.5% | $13.1M | 18.5% |
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Start ComparisonGDYN — Frequently Asked Questions
Quick answers to the most common questions about buying GDYN stock.
Is GDYN's revenue growth accelerating or slowing?
GDYN revenue growth slowed to +3.7%, below the 5-year CAGR of +29.9%. TTM revenue is $416M. The deceleration marks a shift from historical growth rates.
What is GDYN's long-term revenue growth rate?
Grid Dynamics Holdings, Inc.'s 5-year revenue CAGR of +29.9% reflects the variable expansion pattern. Current YoY growth of +3.7% is near this long-term average.
How is GDYN's revenue distributed by segment?
GDYN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.