Why did Grid Dynamics Holdings (GDYN) stock move recently?

On 8/4/2026, Grid Dynamics Holdings moved +6.3% — GDYN rose on continued momentum from its July 30 Q2 2026 earnings beat (revenue above guidance and consensus, strong AI revenue growth) and multiple analyst price target raises on Aug 1 citing AI momentum. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Grid Dynamics Holdings (GDYN) overvalued or fairly valued?

MarketChacha shows Grid Dynamics Holdings's valuation in context — a trailing P/E of about 100.8, a forward P/E of about 15.3, a price-to-book of about 1.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Grid Dynamics Holdings's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (9.37×) from reported figures — education, not a rating.

What is Grid Dynamics Holdings's revenue?

Grid Dynamics Holdings reported revenue of $411.8M for FY2025, with net profit of $9.7M, per official filings.

What is the share price of Grid Dynamics Holdings (GDYN)?

Grid Dynamics Holdings last traded at $8.06 (-1.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Grid Dynamics Holdings

GDYN · NYSE · Technology · United States

Snapshot

TickerGDYN

ExchangeNYSE

SectorTechnology

IndustryInformation Technology Services

CountryUnited States

Employees4,838

HeadquartersSan Ramon, United States

Websitewww.griddynamics.com

Filings tracked14

About Grid Dynamics Holdings

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally. The company offers artificial intelligence services, such as AI-Readiness through strategy consulting, data modernization, rapid and deployment-ready prototyping, and software development lifecycle transformation; identify AI use cases service, which deploys AI in customer-facing, operational, and knowledge management scenarios; AI infrastructure agentic systems; and enterprise AI scale, which helps enterprises gain enterprise-wide efficiency with deployment. It also provides cloud platform and product engineering services, including digital engagement, which delivers modular composable commerce platforms; IoT and edge computing, which assists manufacturers and logistics providers in implementing physical AI; and AI and data platforms. The company serves retail, technology, media and telecom, finance, consumer packaged goods and manufacturing, healthcare and pharma, and other verticals. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.

Who owns it

Insiders23.4%
Institutions76.6%
Public & other0.0%

266 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.23%
Alyeska Investment Group, L.p.7.48%
T. Rowe Price Investment Management, Inc.4.58%
BAMCO Inc.3.70%
Vanguard Capital Management LLC3.46%
Morgan Stanley2.99%
Vanguard Portfolio Management LLC2.66%
State Street Corporation2.49%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 1.8% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion9.37×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend-0.6% → 2.3%

Margin has expanded by about 2.9 points — the business is getting more profitable.

Return on equity1.8%

Latest ROE of 1.8% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $113.1M · EPS 0.14

Est. earnings growth +37.9%

Next fiscal year

Rev $477.2M · EPS 0.53

Est. earnings growth +13.0%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$411.8M

Net margin

2.3%

ROE

1.8%

Revenue CAGR (2y)

+14.7%

EPS (FY2025)

0.11

Net profit (FY2025)

$9.7M

Ask MarketChacha about GDYN

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 4, 2026
GDYN rose on continued momentum from its July 30 Q2 2026 earnings beat (revenue above guidance and consensus, strong AI revenue growth) and multiple analyst price target raises on Aug 1 citing AI momentum.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium
Jul 22, 2026
No specific company catalyst identified; GDYN moved lower with broader market or sector sentiment ahead of its Q2 earnings on July 30.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$411.8M	$9.7M	0.11	2.3%	1.8%
FY2024	$350.6M	$4.0M	0.05	1.2%	0.8%
FY2023	$312.9M	$-1.8M	-0.02	-0.6%	-0.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$108.2M	$2.9M	0.03	2.6%
2026Q1	$104.1M	$-1.5M	-0.02	-1.4%
2025Q3	$104.2M	$1.2M	0.01	1.1%
2025Q2	$101.1M	$5.3M	0.06	5.2%
2025Q1	$100.4M	$2.9M	0.03	2.9%
2024Q3	$87.4M	$4.3M	0.05	4.9%
2024Q2	$83.0M	$-817,000	-0.01	-1.0%
2024Q1	$79.8M	$-3.9M	-0.05	-4.9%
2023Q3	$77.4M	$676,000	0.01	0.9%
2023Q2	$77.3M	$2.6M	0.03	3.4%
2023Q1	$80.1M	$-8.0M	-0.11	-10.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/30/2026material
10-Q filing
SEC7/30/2026
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
10-K/A filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC3/5/2026material
10-K filing
SEC3/5/2026
8-K — Bylaw/charter change, Exhibits
SEC2/27/2026material

2025

8-K — Executive/director change, Shareholder vote results, Exhibits
SEC12/23/2025material
8-K — Executive/director change, Exhibits
SEC11/10/2025material
8-K — Results of operations, Other events, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.