Grid Dynamics Holdings
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Grid Dynamics Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $312,910,000. The net income raised on -$1,765,000 and profit margin reached -1%. Total operating expenses were $118,726,000.

Profit Margin

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN): Profit margin
2017 70.68M 13.18M 18.65%
2018 91.86M 9.22M 10.05%
2019 118.32M 10.80M 9.13%
2020 111.28M -12.59M -11.32%
2021 211.28M -7.7M -3.64%
2022 310.48M -29.21M -9.41%
2023 312.91M -1.76M -0.56%

GDYN Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
312.91M310.48M211.28M111.28M118.32M91.86M70.68M
Cost of revenue
199.76M189.89M123.55M69.66M70.09M52.55M40.63M
Gross profit
113.14M120.59M87.72M41.62M48.23M39.30M30.04M
Operating exp.
Research and development
14.74M15.77M8.45M9.31M4.34M2.64M1.97M
Selling and marketing
24.15M19.80M14.45M10.05M6.94M5.2M2.35M
Total operating expenses
118.72M141.59M87.67M57.06M32.61M25.47M16.94M
Operating income
-5.58M-21.00M50K-15.44M15.62M13.82M13.10M
Other income (expenses), net
10.41M555K-2.50M236K-176K-746K1K
Income before tax
4.83M-20.45M-2.45M-15.21M15.44M13.08M13.10M
Income tax expense
6.60M8.76M5.24M-2.61M4.64M3.85M-76K
Net income
-1.76M-29.21M-7.7M-12.59M10.80M9.22M13.18M
Earnings per share
Basic EPS
-0.02-0.42-0.13-0.280.490.180.26
Diluted EPS
-0.02-0.42-0.13-0.280.490.180.26
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