Security
Grid Dynamics Holdings Inc. Warrant · GDYNW
GDYNWNASDAQWarrantHistorical · closed Aug 31, 2021CIK 1743725Updated Oct 4, 2026
Name history
ChaSerg Technology Acquisition Corp · through Mar 5, 2020
Current security for this SEC filerGDYN · NASDAQ
GDYNW price & chart
Historical security
This listing closed Aug 31, 2021. Live provider charts are shown only for current listings.
Current security: GDYN
About the company
Grid Dynamics (Nasdaq: GDYN) is a premier AI transformation partner for the Fortune 1000. We combine deep AI expertise with proven enterprise-scale delivery to help clients identify where to invest in AI, build systems that work at scale, and capture real business value from AI deployments. A key differentiator for Grid Dynamics is our nearly two decades of technology leadership and pioneering enterprise AI expertise. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the Americas, Europe, and India.
In the news
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Recent filings
4 filing
EFFECT filing
POS AM filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 612,890,000Source | 592,192,000Source | 435,165,000Source | 411,146,000Source |
| Property, Plant and Equipment, NetUSD | 17,666,000Source | 14,018,000Source | 11,358,000Source | 8,215,000Source |
| GoodwillUSD | 84,364,000Source | 83,407,000Source | 53,868,000Source | 45,514,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 342,058,000Source | 334,655,000Source | 257,227,000Source | 256,729,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 79,485,000Source | 69,371,000Source | 49,824,000Source | 48,358,000Source |
| Assets, CurrentUSD | 439,530,000Source | 423,304,000Source | 323,980,000Source | 323,126,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 17,987,000Source | 19,278,000Source | 9,196,000Source | 8,154,000Source |
| Operating Lease, Right-of-Use AssetUSD | 16,383,000Source | 12,108,000Source | 10,446,000Source | 7,694,000Source |
| Other Assets, NoncurrentUSD | 4,474,000Source | 2,663,000Source | 2,549,000Source | 1,224,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 70,817,000Source | 74,363,000Source | 52,258,000Source | 48,102,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 8,000Source | 8,000Source | 8,000Source | 7,000Source |
| Additional Paid in CapitalUSD | 545,188,000Source | 532,578,000Source | 397,511,000Source | 378,006,000Source |
| Retained Earnings (Accumulated Deficit)USD | -2,177,000Source | -11,845,000Source | -15,886,000Source | -14,121,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,054,000Source | -2,912,000Source | 1,274,000Source | -848,000Source |
| Stockholders' Equity Attributable to ParentUSD | 542,073,000Source | 517,829,000Source | 382,907,000Source | 363,044,000Source |
| Liabilities and EquityUSD | 612,890,000Source | 592,192,000Source | 435,165,000Source | 411,146,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 52,114,000Source | 55,544,000Source | 42,223,000Source | 38,710,000Source |
| Operating Lease, Liability, CurrentUSD | 6,253,000Source | 5,420,000Source | 4,235,000Source | 2,505,000Source |
| Accounts Payable, CurrentUSD | 3,698,000Source | 4,069,000Source | 3,621,000Source | 3,897,000Source |
| Operating Lease, Liability, NoncurrentUSD | 10,783,000Source | 7,205,000Source | 6,761,000Source | 5,636,000Source |
| Deferred Income Tax Liabilities, NetUSD | 7,920,000Source | 8,914,000Source | 3,274,000Source | 3,756,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 6,131,000Source | 5,111,000Source | 2,943,000Source | 1,302,000Source |
| Deferred Revenue, CurrentUSD | 1,469,000Source | 2,690,000Source | 577,000Source | 1,124,000Source |
| Deferred Tax Liabilities, NetUSD | — | 140,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 30,343,000Source | 34,167,000Source | 35,516,000Source | 60,968,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 11,145,000Source | 9,485,000Source | 434,000Source | 8,738,000Source |
| Increase (Decrease) in Accounts PayableUSD | -378,000Source | -1,503,000Source | -538,000Source | 1,729,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | -4,140,000Source | -3,645,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 40,600,000Source | 30,198,000Source | 41,093,000Source | 31,652,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -198,000Source | 43,072,000Source | 17,830,000Source | 9,254,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -15,136,000Source | -51,301,000Source | -25,950,000Source | -16,323,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | 44,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 15,334,000Source | 11,766,000Source | 7,870,000Source | 6,069,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 18,153,000Source | 8,697,000Source | 16,831,000Source | 5,755,000Source |
| Payments for Repurchase of Common StockUSD | 2,000,000Source | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -19,937,000Source | 101,162,000Source | -16,321,000Source | 97,758,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 6,903,000Source | 77,928,000Source | 498,000Source | 112,365,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 342,058,000Source | 335,155,000Source | 257,227,000Source | 256,729,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 12,358,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,376,000Source | -2,131,000Source | 1,676,000Source | -722,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 30,343,000Source | 34,167,000Source | 35,516,000Source | 60,968,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | 71,000Source |
| Amortization of Intangible AssetsUSD | 7,500,000Source | 5,000,000Source | 3,700,000Source | 2,500,000Source |
| DepreciationUSD | 12,200,000Source | 9,200,000Source | 5,200,000Source | 4,200,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,400,000Source | -1,000,000Source | -2,300,000Source | -1,500,000Source |
| General and Administrative ExpenseUSD | 90,546,000Source | 82,141,000Source | 79,834,000Source | 106,018,000Source |
| GoodwillUSD | 84,364,000Source | 83,407,000Source | 53,868,000Source | 45,514,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | 6,033,000Source | 7,014,000Source | 6,603,000Source | 8,761,000Source |
| Net Income (Loss) Attributable to ParentUSD | 9,668,000Source | 4,041,000Source | -1,765,000Source | -29,214,000Source |
| Operating ExpensesUSD | 144,243,000Source | 129,110,000Source | 118,726,000Source | 141,598,000Source |
| Other Nonoperating Income (Expense)USD | 17,596,000Source | 13,160,000Source | 10,418,000Source | 555,000Source |
| Payments to Acquire InvestmentsUSD | — | 0Source | 250,000Source | 1,000,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 108,077,000Source | 0Source | 109,537,000Source |
| Proceeds from Stock Options ExercisedUSD | 469,000Source | 2,254,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 411,827,000Source | 350,571,000Source | 312,910,000Source | 310,482,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -1,895,000Source | -2,105,000Source | -5,580,000Source | -21,008,000Source |
| Other Nonoperating Income (Expense)USD | 17,596,000Source | 13,160,000Source | 10,418,000Source | 555,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 15,701,000Source | 11,055,000Source | 4,838,000Source | -20,453,000Source |
| Income Tax Expense (Benefit)USD | 6,033,000Source | 7,014,000Source | 6,603,000Source | 8,761,000Source |
| Net Income (Loss) Attributable to ParentUSD | 9,668,000Source | 4,041,000Source | -1,765,000Source | -29,214,000Source |
| Earnings Per Share, BasicUSD per share | 0.11Source | 0.05Source | -0.02Source | -0.42Source |
| Earnings Per Share, DilutedUSD per share | 0.11Source | 0.05Source | -0.02Source | -0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 84,539,000Source | 77,465,000Source | 75,193,000Source | 69,197,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 86,892,000Source | 79,974,000Source | 75,193,000Source | 69,197,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 7,500,000Source | 5,000,000Source | 3,700,000Source | 2,500,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | 10,743,000Source | 12,406,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 19,705,000Source | 14,228,000Source | 8,926,000Source | 6,626,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,400,000Source | -1,000,000Source | -2,300,000Source | -1,500,000Source |
| General and Administrative ExpenseUSD | 90,546,000Source | 82,141,000Source | 79,834,000Source | 106,018,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Gross ProfitUSD | 142,348,000Source | 127,005,000Source | 113,146,000Source | 120,590,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -11,370,000Source | -13,393,000Source | -6,107,000Source | -23,490,000Source |
| Operating ExpensesUSD | 144,243,000Source | 129,110,000Source | 118,726,000Source | 141,598,000Source |
| Research and Development ExpenseUSD | 23,665,000Source | 18,347,000Source | 14,741,000Source | 15,772,000Source |
| Selling and Marketing ExpenseUSD | 30,032,000Source | 28,622,000Source | 24,151,000Source | 19,808,000Source |
Offerings
Registration 333-283149
Registration 333-279081
Filing attachments
grid-20260630xex991.htm · 8-K · 2026-07-30
EX-99.1 2 grid-20260630xex991.htm EX-99.1 Document Exhibit 99.1 Grid Dynamics Reports Second Quarter 2026 Financial Results Revenues of $108.2 million and Record AI Revenues of 30.7% San Ramon, Calif. - July 30, 2026 - Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level AI and digital transformation, today announced results for the quarter ended June 30, 2026. Second Quarter 2026 Revenues Performance We are pleased to report seco…
Read attachment ↗grid-20260331xex991.htm · 8-K · 2026-04-30
EX-99.1 2 grid-20260331xex991.htm EX-99.1 Document Exhibit 99.1 Grid Dynamics Reports First Quarter 2026 Financial Results Revenues of $104.1 million and Record AI Revenues of 29.3% San Ramon, Calif. - April 30, 2026 - Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level AI and digital transformation, today announced results for the quarter ended March 31, 2026. First Quarter 2026 Revenues Performance We are pleased to report firs…
Read attachment ↗