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Grid Dynamics Holdings, Inc.. (GDYN) Stock Fundamental Analysis & AI Rating 2026

GDYN Nasdaq Services-Prepackaged Software DE CIK: 0001743725
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
HOLD
73% Confidence
STRONG AGREEMENT
HOLD
68% Conf
HOLD
78% Conf

📊 GDYN Key Takeaways

Revenue: $104.1M
Net Margin: -1.4%
Free Cash Flow: $4.4M
Current Ratio: 7.88x
Debt/Equity: 0.01x
EPS: $-0.02
AI Rating: HOLD with 68% confidence
Grid Dynamics Holdings, Inc.. (GDYN) receives a HOLD rating with 73% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $104.1M, net profit margin of -1.4%, and return on equity (ROE) of -0.3%, Grid Dynamics Holdings, Inc.. demonstrates mixed fundamentals in the Technology sector. Below is our complete GDYN stock analysis for 2026.

Is Grid Dynamics Holdings, Inc.. (GDYN) a Good Investment?

Claude

Grid Dynamics demonstrates solid 17.5% revenue growth and a positive profitability improvement trajectory (139.2% YoY), coupled with an exceptional balance sheet featuring $327.5M cash and minimal leverage. However, the company remains operationally unprofitable at scale, with negative operating margins and poor capital returns, creating execution risk around the path to sustained profitability.

ChatGPT

Grid Dynamics shows solid top-line momentum, strong cash generation, and an exceptionally strong balance sheet with very high liquidity and minimal debt. However, core profitability remains weak, as shown by the slightly negative operating margin and low returns on equity and assets, which suggests the earnings improvement may not yet reflect durable operating leverage.

Why Buy Grid Dynamics Holdings, Inc.. Stock? GDYN Key Strengths

Claude
  • + Strong revenue growth at 17.5% YoY with $104.1M top line expansion
  • + Fortress balance sheet: $327.5M cash, minimal debt (0.01x debt/equity), 7.88x current ratio
  • + Improving profitability trajectory: Net Income improved 139.2% YoY, moving toward breakeven
  • + Positive free cash flow generation ($4.4M) despite negative operating income
  • + Ample financial runway for operational improvements without dilution risk
ChatGPT
  • + Revenue growth of 17.5% YoY indicates healthy demand and business expansion
  • + Very strong financial health with $342.06M in cash, 8.43x current ratio, and negligible leverage
  • + Positive free cash flow of $25.27M supports operational resilience and internal funding capacity

GDYN Stock Risks: Grid Dynamics Holdings, Inc.. Investment Risks

Claude
  • ! Currently unprofitable: Negative operating margin (-3.5%) and net margin (-1.4%) despite significant revenue scale
  • ! Poor capital efficiency: Negative ROE (-0.3%) and ROA (-0.2%) indicating material capital deployment challenges
  • ! Low gross margin (34.8%) suggests limited pricing power or structural cost issues in service delivery
  • ! Thin FCF margin (4.3%) leaves minimal buffer for operational setbacks or growth investments
  • ! Execution risk: Must demonstrate ability to reach sustained profitability to validate current financial structure
ChatGPT
  • ! Operating margin is still negative, indicating weak underlying operating efficiency
  • ! Net margin of 2.3% and low ROE/ROA suggest limited profitability relative to capital base
  • ! Recent net income improvement may rely partly on non-operating factors rather than sustained core margin expansion

Key Metrics to Watch

Claude
  • * Operating margin path to positive territory within 2-3 quarters
  • * Gross margin trend - expansion needed to improve operational leverage
  • * Free cash flow sustainability and growth rate as profitability inflection occurs
  • * Revenue per employee and unit economics - indicators of operational leverage realization
ChatGPT
  • * Operating margin trend
  • * Free cash flow margin

Grid Dynamics Holdings, Inc.. (GDYN) Financial Metrics & Key Ratios

Revenue
$104.1M
Net Income
$-1.5M
EPS (Diluted)
$-0.02
Free Cash Flow
$4.4M
Total Assets
$605.0M
Cash Position
$327.5M

💡 AI Analyst Insight

The relatively thin 4.3% FCF margin may limit capital allocation flexibility. Strong liquidity with a 7.88x current ratio provides a solid financial cushion.

GDYN Profit Margin, ROE & Profitability Analysis

Gross Margin 34.8%
Operating Margin -3.5%
Net Margin -1.4%
ROE -0.3%
ROA -0.2%
FCF Margin 4.3%

GDYN vs Technology Sector: How Grid Dynamics Holdings, Inc.. Compares

How Grid Dynamics Holdings, Inc.. compares to Technology sector averages

Net Margin
GDYN -1.4%
vs
Sector Avg 18.0%
GDYN Sector
ROE
GDYN -0.3%
vs
Sector Avg 22.0%
GDYN Sector
Current Ratio
GDYN 7.9x
vs
Sector Avg 2.5x
GDYN Sector
Debt/Equity
GDYN 0.0x
vs
Sector Avg 0.5x
GDYN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Grid Dynamics Holdings, Inc.. Stock Overvalued? GDYN Valuation Analysis 2026

Based on fundamental analysis, Grid Dynamics Holdings, Inc.. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-0.3%
Sector avg: 22%
Net Profit Margin
-1.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Grid Dynamics Holdings, Inc.. Balance Sheet: GDYN Debt, Cash & Liquidity

Current Ratio
7.88x
Quick Ratio
7.88x
Debt/Equity
0.01x
Debt/Assets
12.4%
Interest Coverage
N/A
Long-term Debt
$4.8M

GDYN Revenue & Earnings Growth: 5-Year Financial Trend

GDYN 5-year financial data: Year 2021: Revenue $211.3M, Net Income $10.8M, EPS $0.49. Year 2022: Revenue $310.5M, Net Income -$12.6M, EPS $-0.28. Year 2023: Revenue $312.9M, Net Income -$7.7M, EPS $-0.13. Year 2024: Revenue $350.6M, Net Income -$29.2M, EPS $-0.42. Year 2025: Revenue $411.8M, Net Income -$1.8M, EPS $-0.02.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Grid Dynamics Holdings, Inc..'s revenue has grown significantly by 95% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.02 indicates the company is currently unprofitable.

GDYN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.3%
Free cash flow / Revenue

GDYN Quarterly Earnings & Performance

Quarterly financial performance data for Grid Dynamics Holdings, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $100.4M -$1.5M $-0.02
Q3 2025 $87.4M -$483.0K $-0.01
Q2 2025 $83.0M -$817.0K $-0.01
Q1 2025 $79.8M $2.9M $0.03
Q3 2024 $77.4M -$483.0K $0.01
Q2 2024 $77.3M -$817.0K $-0.01
Q1 2024 $79.8M -$3.9M $-0.05
Q3 2023 $77.4M $676.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Grid Dynamics Holdings, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$8.4M
Cash generated from operations
Stock Buybacks
$11.5M
Shares repurchased (TTM)
Capital Expenditures
$4.0M
Investment in assets
Dividends
None
No dividend program

GDYN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Grid Dynamics Holdings, Inc.. (CIK: 0001743725)

📋 Recent SEC Filings

Date Form Document Action
Apr 30, 2026 10-K/A tmb-20251231x10ka.htm View →
Apr 30, 2026 10-Q gdyn-20260331.htm View →
Apr 30, 2026 8-K gdyn-20260430.htm View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777422755.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775175337.xml View →

Frequently Asked Questions about GDYN

What is the AI rating for GDYN?

Grid Dynamics Holdings, Inc.. (GDYN) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GDYN's key strengths?

Claude: Strong revenue growth at 17.5% YoY with $104.1M top line expansion. Fortress balance sheet: $327.5M cash, minimal debt (0.01x debt/equity), 7.88x current ratio. ChatGPT: Revenue growth of 17.5% YoY indicates healthy demand and business expansion. Very strong financial health with $342.06M in cash, 8.43x current ratio, and negligible leverage.

What are the risks of investing in GDYN?

Claude: Currently unprofitable: Negative operating margin (-3.5%) and net margin (-1.4%) despite significant revenue scale. Poor capital efficiency: Negative ROE (-0.3%) and ROA (-0.2%) indicating material capital deployment challenges. ChatGPT: Operating margin is still negative, indicating weak underlying operating efficiency. Net margin of 2.3% and low ROE/ROA suggest limited profitability relative to capital base.

What is GDYN's revenue and growth?

Grid Dynamics Holdings, Inc.. reported revenue of $104.1M.

Does GDYN pay dividends?

Grid Dynamics Holdings, Inc.. does not currently pay dividends.

Where can I find GDYN SEC filings?

Official SEC filings for Grid Dynamics Holdings, Inc.. (CIK: 0001743725) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GDYN's EPS?

Grid Dynamics Holdings, Inc.. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GDYN a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Grid Dynamics Holdings, Inc.. has a HOLD rating with 73% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is GDYN stock overvalued or undervalued?

Valuation metrics for GDYN: ROE of -0.3% (sector avg: 22%), net margin of -1.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy GDYN stock in 2026?

Our dual AI analysis gives Grid Dynamics Holdings, Inc.. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is GDYN's free cash flow?

Grid Dynamics Holdings, Inc..'s operating cash flow is $8.4M, with capital expenditures of $4.0M. FCF margin is 4.3%.

How does GDYN compare to other Technology stocks?

Vs Technology sector averages: Net margin -1.4% (avg: 18%), ROE -0.3% (avg: 22%), current ratio 7.88 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI