# Grid Dynamics Holdings, Inc. (GDYN) · Edgar & Edgarette company card

> Grid Dynamics Holdings, Inc. (GDYN) grew revenue 17.5% in FY2025 to $412 million, operating margin -0.5% against a 0.9% median for prepackaged software, equity 88.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1743725 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/GDYN) · [JSON](https://www.pops4.com/boards/company/GDYN.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $412M |
| Revenue growth, 1 year | 17.5% |
| Revenue growth per year | 18.2% |
| Operating margin | -0.5% (prior year -0.6%) |
| Net margin | 2.3% |
| Operating cash flow | $41M |
| Capital spending | $15M |
| Free cash flow | $25M |
| Cash | $342M |
| Long-term debt | — |
| Total assets | $613M |
| Total equity | $542M |
| Equity ÷ assets | 88.4% |
| Return on equity | 1.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 12.15 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.53 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -0.5% in FY2025
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $411.8M (FY2025). Experience: revenue up 17.5% on the year, up 18.2% a year over 4 years; operating margin -0.5%, up from -0.6%. Soundness: equity 88.4% of assets, return on equity 1.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $369.1M and $571.9M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $330.4M to $641.7M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -0.5% against a 0.9% median; growth 17.5% against 13.0%.

Range logged 2026-10-31, receipt 2f8315bcd28714f5, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2025-12-23 ([filing](https://www.sec.gov/Archives/edgar/data/1743725/000110465925124231/0001104659-25-124231-index.htm))

## Recent filings

- DEF 14A · filed 2026-11-09 · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000110465926124225/0001104659-26-124225-index.htm)
- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000174372526000031/0001743725-26-000031-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000174372526000029/0001743725-26-000029-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000174372526000021/0001743725-26-000021-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000174372526000019/0001743725-26-000019-index.htm)
- 10-Q · filed 2026-04-30 · [filing](https://www.sec.gov/Archives/edgar/data/1743725/000174372526000014/0001743725-26-000014-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001743725.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1743725

## Cite

POPS4, Edgar & Edgarette: Grid Dynamics Holdings, Inc. (GDYN) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/GDYN. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.